National Home Inventories Fall--Greenville SC Home Price Update

Posted by Jonathan Kostyra on Thursday, July 23rd, 2009 at 5:26pm.

Greenville SC Home Sales Update

Greenville South Carolina, Greenville SC Homes, Downtown Greenville SC

Existing Homes inventory for sale declined 0.7 percent to 3.82 million in June 2009. The median national home price was pegged at $181,800 for June, a 15.4 percent decline from when compared to June of 2008. However, this year the median price for June has risen 4.0 percent over May's median home price, the highest level seen since October 2008.

The Greenville SC Real Estate market has been improving slowly since January as well. Here are a few stats from Jan 09 through July 09:

  • Average List Price= $167,225
  • Average Sales Price= $159,865
  • Sale Price/List Price Ratio= 95.60%
  • Average Days on Market= 99 days

Based on these numbers, the Greeville Real Estate market continues to show stability with sellers on average getting 95.6% of list price and with homes selling in less than a 100 days. Hopefully sales will continue to pick up as we finish out third quarter and head into fourth quarter of this year.<p> If you need help buying or selling a home, land, or condo here in the Greenville Market, please give us a call. Our foremost priority is serving our customers and we will work hard to serve your highest and best interests through the process! I look forward to hearing from you.

Cordially, Jonathan Kostyra, Broker, e-Pro, Green

Carolina Realty Associates


Photo is of the heart of downtown Greenville. All photography provided by Jonathan Kostyra and the Carolina Realty Associates.

+Jonathan Kostyra is an Associate Broker at Carolina Realty Associates Located at 607 Pendleton Street Suite 222 Greenville SC 29601 Jonathan can be reached at: 864-335-8936

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