Greater Greenville SC Real Estate Market Report - April 2017

Navigating the real estate market, researching statistics, and making an informed decision based upon those findings can offer a more refined decision in the Real Estate process, whether you are a home buyer, seller, or investor. At PRODUCER Realty, we rely heavily on relevant market data and trends in the real estate market when determining the value of a home. As Expert Advisors, we understand that the real estate market is always changing and we strive to stay up to date with the trends to better serve our client's needs.  

The real estate market continues to thrive in the Greenville South Carolina area, despite a 4.7% decrease in homes sold from April 2016 to April 2017. For those selling in this market, the average seller obtained 98% of the listing price for properties sold in 2017, with a short 58 days average on the market. The average price for homes sold in 2017 rose to $218,257 from $201,051 in 2016, making the value of owning a home or investment property in the Upstate of SC a wise and gainful decision. 

The Greenville SC area is heralded as a prime relocation spot in South Carolina due to aspects such as the strong economy. The Bureau of Labor and Statistics reports that Greenville County continues to fall below both the National and State average unemployment rates at 3.9%. The availability of technical, engineering, and health care jobs continue the economic growth for this metro area. In turn, the real estate market outlook is positive and substantial growth is expected to continue for Greenville County SC.

If you are interested in gaining more knowledge concerning the Greater Greenville SC area market, we are only a call away. Whether you are a home buyer, investor, or are interested in placing your current property on the market, our team can not only inform you, but also make your transaction a profitable one. Feel free to contact our team at 864-438-5050 or visit us at www.GreenvilleRealEstateHub.com.