As the crisp, Fall days move in, and the Summer comes to an end, so does another supposedly wild Real Estate season. For myself, being in the Real Estate business in the Greenville, SC for the last 8 years, this has been one of the most steady years of sales vs the traditional Roller Coaster of seasons we typically experience. WHY? I attribute it to the steady growth, and healthy job market, our area is experiencing. The Real Estate Market Stats for the Greenville, SC area for August 2014 (released in Sept 2014) show that it's not just me! We REALLY are experiencing a more "steady" pace of sales vs the traditional "Roller coaster". Let's take a look....
Greenville, SC Real Estate Market Stats for August 2014:
SOLD Units are UP 8.7% from August 2013
SOLD Units YTD are UP 2.9% from 2013
Active Unit For Sale are UP 6.0%
Average Sales Price is UP 3.9%
Average DOM (Days on Market) are DOWN 4.9%
So, as you can see, our inventory is NOT as low as it was earlier in 2014. Our Active Homes for Sale in the Greenville, SC area area actually UP 6% from 2013, and the YTD Sales are UP 2.9%. Not all of our inventory is being absorbed, however, New Construction is definitely increasing production. (See video Below on buying new construciton.)
Get out and Enjoy the Fall Season and Remember to "Lean On Lindsay" for ALL of your Greenville, SC Real Estate Needs!
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