The Greater Greenville real estate market continues to improve. Home sales are down about 4.4% over the sales in March 2013, but the average sales price has increased $23,376 over the average price in March 2013. The inventory level has increased by 10.6% to 6,103 units.
If you have recently been searching for a home, you have probably had some of your favorite Greater Greenville homes come on the market, and then go under contract within just days of the listing. March 2014 market statistics further prove this point. In March 2014, there were 720 residential properties sold in the Greater Greenville real estate market. The average number of days on market continues to drop. The average time on the market in March 2014 dropped down to 91 days.
At the end of March, the inventory was 6,103 available homes for sale in the Greater Greenville market, which represents an 8.1 months supply of inventory.
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Resources: GGAR, SCAR, 10k Research & Marketing