What’s the Latest From Our Greenville Market?

Our Greenville market is still hot, but buyers have more homes to choose from and sellers have more competition to deal with.

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We’re halfway through 2019, and the Greenville market is still very hot. To get a more exact idea of where things stand, let’s look at the latest year-over-year numbers.

First, inventory is up 6%. If you’re a buyer, this means you have more options to choose from. If you’re a seller, you have more competition to deal with, which means you have to price your home accordingly.

The number of home sales have also increased compared to last year, which means more buyers are out and about. The average home price, meanwhile, rose 3%, and it’s getting closer and closer to the $250,000 price point. If you can imagine, the average price for a Greenville home just five years ago was under $200,000. 

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If you’re a buyer, this means you have more options to choose from.

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Lastly, the average days on market for homes has increased as well, which is a reflection of the increase in inventory.

The Greenville market is unique in that it’s busy all 12 months out of the year, but if you look at the average number of home sales per month, the best time to sell is between June and September.

If you have any other questions about our Greenville market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d love to help you.