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Breaking Down Greenville’s January Real Estate Stats

Here are the latest statistics for the Greenville real estate market.

It’s time for another market update for February. Some really interesting things happened, and I want to tell you about them.

The home-selling market continues to be incredibly hot. We’re regularly selling homes for much higher than their list prices. Inventory has dropped as well, which brings us to a breakdown of our most recent year-over-year data for January:

  • Home supply is down 33.1% from 3,238 to 2,167. It’s down from 4,572 in 2020.

  • Sold homes are up 4.6% from 1,014 to 1,061 after being up 25.3% from 2020 to 2021.

  • Median price is up 18.8% from $239,950 to $285,000.

  • The average sale price is up 9.3% from $287,943 to $325,679.

  • The average days on market is down 24.4% from 41 to 31.

“Each area and price range is slightly different.”

What do these numbers tell us? For one, the increased sale price numbers indicate that we still have an inventory shortage, and we’re selling more luxury homes as a result of the inventory crunch. 

Each area and price range in the Upstate is slightly different, so reach out to us if you have any questions about your specific area or situation. We’re the best office in Greenville for list-to-sale price ratio. We get our clients 3% to 4% more than the industry average.

If you have any other questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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