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.