Where does the real estate market in the area stand? (Greenville: sales, condos)

[beckycat]

I'm curious to know if home prices are staying the same, declining or inclining. I'm speaking of over the past year to the present. It doesn't seem like the Greenville area had a big boom and then crashed like other markets. Are homes selling quickly or are they on the market for a long time? Any opinions on the trend?

[g-man430]

Here you go: Upstate housing sales on the rise | The Journal Watchdog by Community Journals, a media company based in Greenville, S.C


According to the MLS, 664 homes and condos were sold last month in the greater Greenville area, which includes Greenville, Pickens and Laurens counties. That’s up from 606 in April and an 8.1 percent gain over 614 in May 2011.

From January through May, the median sale price in Greenville is up 4.4 percent to $143,000. Another sign of increased activity is time between listing and sale, and that has declined to 109 days on average for the five months from 120 a year ago. It was 108 in May.

[ruvidu]

My business has improved a 100% from last year in listings and sales.

[beckycat]

Originally Posted by ruvidu

My business has improved a 100% from last year in listings and sales.

That's good. Do you find prices equal, more or less than last year?

[beckycat]

Originally Posted by g-man430

Here you go: Upstate housing sales on the rise | The Journal Watchdog by Community Journals, a media company based in Greenville, S.C


According to the MLS, 664 homes and condos were sold last month in the greater Greenville area, which includes Greenville, Pickens and Laurens counties. That’s up from 606 in April and an 8.1 percent gain over 614 in May 2011.

From January through May, the median sale price in Greenville is up 4.4 percent to $143,000. Another sign of increased activity is time between listing and sale, and that has declined to 109 days on average for the five months from 120 a year ago. It was 108 in May.

Thanks for the link.

[WannaliveinGreenville]

Originally Posted by ruvidu

My business has improved a 100% from last year in listings and sales.

+...

[Early Grayce]

It's a buyers market.

[shamrocker]

According to Zillow's value, which I take with a grain of salt, my home has rebounded back up to the value it had 4 years ago. (Confirmed by a recent appraisal.)

[Pat Grissinger]

The market had a slight slump but seems to be improving. There aren't as many homes on the market & some are selling in 1-2 days. As always, that is area specific. Overall, the market is doing quite well I think.

[Mohtalim]

+100% of 1 = 2

Still a buyers market, just look at the rates.