Recent Greenville Real Estate Sales Data

Posted by Jonathan Kostyra on Tuesday, December 22nd, 2009 at 9:34am.


Greenville SC Sales Data Compared

2009 Greenville Home Sales Statistics Vs 2008 Greenville Home Sales Statistics

 

 

Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
7,493 106 $133,000 $157,013 $1,500,000 $1,980
Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
9,424 96 $145,000 $173,184 $2,695,000 $1,250
 
 

 

The top chart represents 2009 sales data and the bottom chart represents 2008 sales data. Now, let me highlight a few important points that I gather from this data:

  1. 20% fewer units have been sold in 2009 than in 2008.
  2. Prices in 2009 have fallen 10%.
  3. Sellers are still getting 95% of list price.
  4. The average time on the market in 2009 has been 106 days.

The first two points are the tough news: Prices have fallen 10% on average and it "seems" that it is harder to sale a home/unit in 2009. I use the word "seems" because I believe if we do all the right things and position ourselves for success, we will have success!

The second two points are the encouraging news: For those Greenville Home Sellers who have positioned themselves for success, these sellers are still getting 95% of list price on average and their homes/units are selling in a little over 100 days.

Two great examples of this are with my last two listings. 155 Riverplace and 4799 State Park Road. Both units were priced currectly, showed well, and received an excellent promotional strategy.

The results speak for themselves. Both units had an offer within five days of listing and both offers were successfully negotiated into contracts! Finally, both units recently closed with success for all parties!