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Q: What Do the Latest Numbers Say About Our Greenville Market?

The Greenville market is still a welcome sight for buyers and sellers.

2020 has been a fascinating year, but with so much uncertainty inundating our daily lives, one thing has held steady: our real estate market. Things are going very well for sellers, and with interest rates as low as they are, it’s a great time to be a buyer as well. 

What do the latest numbers from our Greenville MLS say? As of September 10, inventory has decreased 17.8% year over year. Last year we saw record lows in terms of inventory, but this year inventory has dipped even lower. Over that same period, sales are up 4.6%. When inventory is low and sales are high, it puts upward pressure on prices, and sure enough, our median sale price has risen 5.4% year over year for $230,000. The average sale price, meanwhile, is about $270,000 because we’ve seen a lot more higher-end sales. 

If you have questions about how these numbers impact your buying or selling plans, don’t hesitate to give The Haro Group a call. If you’re a seller, we can either list your house or buy it from you if you don’t want to take the traditional sales route. 

If you have any other questions, feel free to reach out to our team as well. We’re here to help. 

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Our agents write often to give you the latest insights on owning a home or property in the local area.