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Greenville SC Real Estate

Date Added: August 13, 2008 04:05:51 PM

During tough national times, Greenville, SC real estate continues to thrive with home prices continuing to rise, and the average days on market continuing to fall based on the quarterly average. The number of homes for sale in Greenville, SC is on the rise, Greenville, South Carolina maintains one of the lowest rates of foreclosure in the US.

The average sale price of an existing single-family home in Greenville, SC has increased by an average of 3.14% per year for the past 5 years, and enjoyed an increase of 4.34% through the first half of 2008. The median price of Greenville SC homes for sale is currently $138,500, which is approximately 35.7% below the national average.

The average list time for homes for sale in Greenville, South Carolina is 81.6 days as of June 30th, 2008. The average days on market in Greenville, SC has decreased by an average of 3.77% per year for the past 5 years.

The absorption rate in the Greater Greenville area also remains strong during tough economic times. While the national average continues to be approximately 11 months, the absorption rate in Greenville, SC continues to average 6.44 months as of August 8th, 2008.

Whether you are moving to Greenville SC, or moving to the Upstate; I believe you will find your home in Northwestern South Carolina.

Cameron Keegan is a Greenville SC Realtor with over 5 years experience, and has sold over 100 Greenville SC homes for sale including homes in the surrounding areas of Simpsonville, Greer, Mauldin, Taylors, and other areas of Upstate SC.