Greater Greenville SC Real Estate Home Values & Market Conditions Report for April 5th-11th 2009

It is still a great time to invest in a home in Greenville or  the Upstate area. With interest rates at all time lows, and with so many homes for sale in the Greenville South Carolina real estate market, there is no better time to find the best home and get the best deal. It is even more favorable for first time home buyers, who can get an $8,000 tax credit from the government as an incentive for buying a home in 2009. And, as long as the homeowner stays in that home for at least three years, this tax credit will not have to be paid back.

Here are some statistics compiled from the Greater Greenville MLS, to help you better understand the Greenville real estate market. These stats are for the week of April 5th-11th 2009

SOLDS: There were 42 residential homes sold during this period. Average list price was $162,429, High list price was $999,900, and Low list price was $19,900. Average Sold price was $155,353, High sold price was $919,000, and Low sold price of $14,000. Total list price volume for sold listings during this period was $6,822,045, and Total sold price volume was $6,524,836. Average Days on Market (DOM) was 80 days, High DOM was 435 days, and low DOM was 0 days.

ACTIVES: There were 214 homes listed for sale during this period. Average list price was $236,423, High list price of $1,395,000, and Low list price of $18,000. Total volume was $50,594,673.

PENDING/CONTINGENCY: During this period, there were 75 homes that either went under Pending or Contingency contract status. Average Pending/Contingent price was $166,662, High price was $749,900, and the Low price was $9,900. The Pending/Contingency volume was $12,449,669.

EXPIREDS: Also during this period, 67 homes listed on the Greenville SC real estate market Expired off the market. Average expired price was $276,293, High price was $1,400,000, and Low expired price was $37,900. Total expired volume was $18,511,660.

As of April 12th 2009, there were 6949 single family residential homes, condos, townhouses, and mobile homes listing on the Greater Greenville real estate market.

There are lots great deals on the Greater Greenville SC Real Estate market. Contact Victor Amadi, your Greenville SC Realtor at 864-525-0201, or email me at VictorAmadi@ExitUpstate.com to see currently available Greenville area homes for sale, find out the value of your home, or what homes are selling for in your neighborhood.

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