Greater Greenville Market Update for February 2020

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 Advisers, 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 sale price in January 2020 has gone up $8,196 since January 2019. This January has seen an average sale price of $250,538 compared to the $242,342 average sale price of the same month in 2019, showing that the market is going through a slight correction, 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 4.0%, but Greenville County continues to fall below that at 2.5%. 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. We highlight how the Upstate has taken abandoned factories and transformed them into community hubs promoting business and job growth in our blog Factories to Fabulous- Greenville SC Revitalization. 

Outdoor adventure abounds in South Carolina from Mountains to Seas. Find out more about our National Parks and other great places to explore in our recent blog post Great Hikes & State Parks in SC. Greenville also has a vibrant Arts and Theatre scene. 

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

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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
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Topic:
Real Estate Market Trends
Location:
South Carolina Greenville County Greenville
Groups:
Upstate South Carolina
Tags:
greenville sc
greenville sc market conditions
greenville sc market report
sc market update

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Rainmaker
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Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Thanks for sharing this information on your local market, great information. I hope you have a great day ahead.

Mar 17, 2020 02:11 PM #1
Rainmaker
94,624
Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Thanks for sharing this information on your local market, great information. I hope you have a great day ahead.

Mar 17, 2020 02:24 PM #2
Rainer
558,847
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Mar 18, 2020 07:39 AM #3
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Rainmaker
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Victor Amadi

Greenville SC Realtor
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