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Greater Greenville SC Residential Real Estate(includes Condos/Townhouses) Market Conditions, Homes Sold, Average Days on Market, Listings, and Homes for Sale for May 2010

In May 2010, there were 673 residential single family homes, including Condos and Townhouses, that sold in the Greater Greenville real estate market. This is +15.4 percent increase from the 583 units that was sold in May 2009, and 5 units lower than the 678 units that were sold in April 2010. This is an indication that the tax credit that expired on April 30th had an impact on the Greater Greenville real estate market in May, and will probably have an impact on the June 2010 market statistics since these buyers have until June 30th to close on their new home.

Average sales price in Greater Greenville for May 2010 was $171,283, Median sales price was $144,000, and total sales volume was $115,273,238. The average Days on Market(DOM) in Greater Greenville for the month of May was 96 days. Year to date(YTD), from January 1st to May 31st 2010, there were 2767 units sold.

Average YTD sales price was $168,333, Median sales price was $141,000, total volume was $465,777,424, and the average DOM was 106 days. As of June 10th 2010, there were 7,655 residential single family, condo/townhouses available for sale in the Greater Greenville real estate market. This is +6.7% more inventory than the 7,175 available units as of June 10th 2009. Average list price for the currently available residential homes is $251,243, Median list price is $179,900, total volume is $1,923,265,350, and average DOM for the currently active listings is 149 days.

Greater Greenville SC Real Estate is still highly desirable, as we continue to see people relocating from different parts of the country. Greenville County has a lot to offer, and was recently ranked #5 of top 10 affordable places to weather the economic downturn by Forbes.com based on Affordability, Property taxes, and Job growth. Greenville, the economic center of the Upstate, has a cost of living consistently below the national average, which means that one can live comfortably and enjoy big-city amenities at a reasonable cost.

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For more information about Greater Greenville Real Estate Market, or to get a qualified RELATOR® working for you, please contact Victor Amadi or 864-525-0201.

Statistics used in this post were gathered from the Greater Greenville Association of Realtors inc. Multiple Listing System. These statistics may not include sales like new construction or For Sale by Owners that were brokered by member firms. Greater Greenville includes Greenville, Simpsonville, Greer, Easley, Fountain Inn, Mauldin, Taylors, Travelers Rest, Piedmont, Landrum, Marietta, pelzer, some parts of Spartanburg County, Anderson County, Pickens County, Union County, Laurens County, Oconee County, and of course the entire Greenville County.

Real Estate Hub: Greater Greenville South Carolina Residential Real Estate Market Conditions, Average Days on the Market, Homes Sold and Homes for Sale

Realtown Blog: Greater Greenville SC Real Estate Market Conditions, Average Days on Market, Properties, MLS Listings, Homes Sold and Homes for Sale

Greenville SC Real Estate and Homes for Sale – Victor Amadi REALTOR® -EXIT Upstate Realty Victor guides each client into their new home with a combination of patience, providing them with choices, up-to-date information, valuable resources, tools, and access to thousands of area listings for sale in Greenville, Simpsonville, Greer, Easley, Fountain Inn, Mauldin, Taylors, Travelers Rest, Piedmont, Landrum, Marietta, pelzer and other surrounding Upstate SC cities, towns and communities. Victor Amadi is your local residential real estate expert, and he is available to assist you with your home buying or selling needs Contact Victor at (864)525-0201 to discuss your real estate needs. You will be impressed by the quality of service that Victor provides!