In October 2009, there were a total of 596 residential single family homes including condo and townhouses sold in the Greater Greenville real estate market. This number is only one home less than the 597 homes that were sold in September 2009, but is 89 homes higher than the 507 homes sold in October 2008. Average price for these sold homes in October 2009 was $157,747, Median sold price was $137,000, and total sold price volume for October was $94,017,472. Average Days on Market(DOM) for October was 95 days, which is 7 days less than 105 days average DOM for September 2009. 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, Laurens County, and Oconee County).

Year to date from January 1st to October 31st 2009, there has been 5643 residential single family homes sold in the Greater Greenville real estate market. Average year-to-date sold price was $167,185, Median sold price was $140,000, and the total year-to-date sold volume was $943,423,701. Year-to-date DOM as of October 31st 2009 was 102 days.

As of November 10th 2009, 12 Month average units sold in Greater Greenville was 523 units. Average sold price was $168,633, Median sold price was $141,529, total sold volume was $88,183,958, and average DOM was 104 days.

There were a total of 6657 residential single family homes Actively for sale as of November 10th 2009. This is 88 homes less than the 6745 homes that were active as of October 10th 2009, which means that Greater Greenville inventory was reduced by 88 homes last month. Average list price for the active homes as of November 10th was $263,791, Median list price was $185,000, total list price volume was $1,756,057,797, and average DOM was 154 days.

The decrease in inventory, and average days on market can be attributed to the help $8,000 Home Buyer Tax Credit. This tax credit was supposed to expire on November 30th 2009, but has been extended April 30th 2010. The Home Buyer Tax Credit has also been expanded to move-up buyers who have occupied their home as a primary residence for at least five years. These move-up buyers will be eligible for a $6,500 tax credit.

Statistics shared in this post was gathered from the Greater Greenville Association of Realtors inc., and may not include certain sales like new construction and for sale by owners brokered by member firms.

Please Contact Victor Amadi at 864-525-0201 for your home's value, and for all your Greater Greenville real estate needs.

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