May 2018 Greenville SC Real Estate Market Report

By
Real Estate Broker/Owner with PRODUCER Realty, LLC

Navigating the real estate market, researching statistics, and making an informed decision based upon those findings can offer a more refined decision in the Real Estate process, whether you are a home buyer, seller, or investor. At PRODUCER Realty, we rely heavily on relevant market data and trends in the real estate market when determining the value of a home. As Expert Advisors, we understand that the real estate market is always changing and we strive to stay up to date with the trends to better serve our client's needs.  

The Greater Greenville real estate market continues to grow and change, month-by-month and year-by-year. This year compared to last year, sales are up 12.5% with 1,398 homes being sold in May 2018 as opposed to the 1,243 homes sold in May 2017 in the Greenville SC real Estate market.

The sale price in May 2018 has gone up more than $22,000 since May 2017. May 2018 has seen an average sale price of $245,404 compared to the $222,835 average sale price of May 2017, making the value of owning a home or investment property in the Upstate of SC a wise and gainful decision.

The Greenville SC area is heralded as a prime relocation spot in South Carolina due to aspects such as the strong economy. The Bureau of Labor and Statistics reports that the national average for unemployment is at 3.9%, but Greenville County continues to fall below the average at 3.4%. The availability of technical, engineering, and health care jobs continue the economic growth for this metro area. In turn, the real estate market outlook is positive and substantial growth is expected to continue for Greenville County SC.

If you are interested in gaining more knowledge concerning the Greater Greenville SC area market, we are only a call away. Whether you are a home buyer, investor, or are interested in placing your current property on the market, our team can not only inform you, but also make your transaction a profitable one. Feel free to contact our team at 864-438-5050 or visit us at www.GreenvilleRealEstateHub.com

Make sure to keep up with the PRODUCER Realty team. "Like" us on Facebook, and follow us on PinterestTwitter, and Instagram.

Want to find out how much your home is worth? Click below to use our ground breaking property evaluation tool and get your home value in less than a minute.

 

//

Posted by
 
Keep up with us on Social Media!            
 
Victor Amadi, REALTOR® | Broker-In-Charge | CDPE | CHSA
PRODUCER Realty, LLC
Office:     864-438-5050   
Cell:        864-525-0201
Fax:        1-800-860-0993
Email:     Victor@ProducerRealty.com
Location: 425 N. Main Street, Suite C
                Simpsonville, SC 29681
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Tags:
real estate trends
greenville real estate market report
greenvillemarketreport
greenvillerealestatemarket

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,398,735
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for sharing your knowledge on the local market. Have a great weekend!

Jun 15, 2018 07:57 AM #1
Ambassador
1,460,235
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this report.  This is just what buyers and sellers need to make informed decisions!  I like it...very professional!

Jun 15, 2018 08:09 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
287,060

Victor Amadi

Greenville SC Realtor - Greenville SC Homes for S
Ask me a question
*
*
*
*
Spam prevention

Additional Information