Greenville Market Performance

Posted Dec 16, 2007 @ 10:53 am, Viewed by 475 Visitors, Read 486 Times.

Every day the newspapers and television reports flood us with negative information about the nation's housing market.  Proclamations about falling housing values and the extended time it is taking to get homes sold.  It's enough to make many consumers nervous and want to throw their arms up in frustration.

The Greenville South Carolina real estate market continues to contradict these national trends. Average annual appreciation in our area is a healthy 3-5% which has kept our market insulated from falling prices seen in markets that have until recently had unrealistic appreciation.  Below is information about our market so far this year compared to the same time period from 2006.

                                                                                                 

          Greenville South Carolina Market Recap
  YTD 12/13/07 YTD 12/13/2006
Homes Sold         8657           9106
Average Price    $188,857      $182,126
Days on Market           84            83
Average List to Sell           97%            97%
Current Active Listings         5560           N/A

Trying to make a "national" housing statement is like trying to have a national weather forecast. Each area is different and can't be all lumped together to make predictions. The Greenville economy is strong and diverse which provides stability and the opportunity for continued growth here. The first quarter of 2008 will most likely be a little behind the same period for 2007 but we expect the balance of the year to be strong.

Greenville is a great place to call home. If you are considering relocating to our area, and would like to learn what we have to offer, please visit my Greenville SC Real Estate web site.

Eddy Kicker is a Realtor with Realty-Advisors Carolina in Greenville South Carolina. Eddy and his team with Eddy Kicker & Associates specialize in working with relocation clients looking to purchase homes in the Greenville, Simpsonville, Greer, Mauldin and Taylors areas. Please visit his Greenville South Carolina Real Estate web site to view all the homes for sale and to learn about the area.

Phone: 864-430-8854

e-mail: mail@eddykicker.com

 

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Eddy Kicker

Eddy Kicker Greenville SC real estate agent that specializes in working with relocation clients. Using todays technology to benefit my clients. Geographic areas covered include Greenville, Simpsonville, Greer, Mauldin and Taylors. Read More

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