If you’ve been keeping an eye on the Greenville, SC real estate scene, buckle up—April brought some interesting shifts! New listings are finally picking up, with a 12.6% increase, giving buyers more to choose from (2,555 homes hit the market!). But while more homes are popping up, pending sales took a dip—down nearly 40%—which means buyers might be hitting the brakes or getting pickier. Inventory shot up 44% to 5,681 homes, and with a 43.3% increase in months supply (now at 4.3 months), we’re moving closer to a more balanced market. Meaning, it’s no longer the seller’s market it once was.
Prices, though? Still climbing—just not as fast. Greenville’s median sales price edged up 1.6% to $315,000. Homes are also taking a little longer to sell, with an average of 48 days on the market. On the national front, inventory continues to rise, hitting 1.33 million homes, which is nearly 20% more than last year. But even with all that new supply, prices aren’t really budging—nationally, the median price rose 2.7% to $403,700. So, if you're waiting for a major price drop, you might be in for a long haul. Bottom line: buyers have more options, sellers need sharper pricing, and the market’s starting to balance—but it’s still got a mind of its own.
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What it means for you?
This month’s market data shows Greenville is shifting toward a more balanced playing field—great news for buyers who’ve been struggling with low inventory. With a 44% jump in available homes and slower sales, buyers now have more options and a bit more negotiating power. But sellers shouldn’t panic—prices are still rising, just at a slower pace, and homes are still moving (just taking a little longer). If you’re selling, it’s more important than ever to price strategically and present your home well. If you’re buying, this could be your moment to jump in with less competition and more choices.
Greenville County has established itself as a key economic hub in South Carolina, offering a diverse mix of shops, restaurants, lively communities, exciting events, art galleries, and plenty of attractions.
At PRODUCER Realty, we use the latest market trends and data to assess property values accurately. Because the real estate market is always changing, our Expert Advisers stay informed and up to date to provide top-tier service to our clients.
Call us if you'd like more information about the Greater Greenville, South Carolina, region market. Feel free to get in touch with our team at 864-438-5050 or visit our website at www.GreenvilleRealEstateHub.com.
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