What Is Happening in Your Greenville Market?

Greenville, SC Real Estate Podcast with Dan Hamilton

How does our Greenville market today compare to last year's? I have the numbers to find out.

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Today I want to do a comparison between last year's market and this year's.

Last year at this time, we had 4,420 homes sold. This year, we’ve sold 4,303 homes, which is a decrease of only 3%. So, if you thought that last year was a crazy seller's market, then you should know that it still is. In fact, it is even more aggressive because of all the people out there looking to buy homes and not a lot of homes available.

Our median sale price difference is very telling of these current circumstances. The median sale price is calculated by taking all of the home prices, organizing them from most expensive to least expensive, and then finding the one in the middle. Last year, the median sale price was $182,000, while this year's median sale price is $199,900. This is a price increase of 10%.

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If you bought a home in the right area in Greenville last year, you should’ve seen a 10% increase in your home’s value by now.

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If you bought a home in the right area in Greenville last year, you should’ve seen a 10% increase in your home’s value by now. That’s a staggering number which is encouraging because if you bought a home last year and now need to move, there is a high chance that you could recoup some of your money spent.

Last year, there were 10,362 active listings on the market. Today there are 10,207 homes on the market. That is a difference of 1%.

We have low inventory and high demand in our market, which means home prices are increasing. For this reason, I am looking for people who are interested in selling their homes. If you want to reach out to me and discuss selling your home and making the move, please feel free to call or contact me via Facebook, Instagram, email, or on my website. I look forward to talking with you soon.