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Market Statistics

The Greenville County housing market continues to show positive trends for 2016, as seen from the following statistics provided by various leading industry sources:

  • An increase of 6% in home sales year-to-date over the same period in 2015 (as of October, 2016)
  • An increase of 5% in home sales in October, 2016 compared to October, 2015
  • An  3% increase in median sales price for the third quarter of 2016 compared to the 2nd quarter of the year
  • A 10% increase in year-to-date median sales price in the Greater Greenville area as of August, 2016
  • A 4.7% appreciation rate in the 2nd quarter of 2016, which is comparable to the national average of 4.9%
  • As of August, 2016, homes in Greater Greenville were sold in just 54 days compared to 72 days in the previous year, marking an improvement of 25%

Factors for Positive Growth

The following factors are seen as the primary reasons behind the Greenville area’s robust housing market:

  • According to latest figures from the U.S. Bureau of Labor Statistics, Greenville County has an unemployment rate of 4.2% as of September, 2016, which is lower than the national average of 4.9%.
  • According to the latest statistics from Sperling’s Best Places, Greenville has a recent job growth of 2.82%, which is higher than the national figure of 1.59%
  • Sperling’s Best Places places Future Job Growth in Greenville for the next ten years at 41.15%, higher than the national estimate of 37.98%
  • Greenville County is known for its high-quality of life, with a lower cost of living compared to the rest of the country, and a diverse range of cultural and recreational opportunities

Market Statistics for Select Greenville County Cities

Below are housing market statistics for Greenville City as of October, 2016:

  • Median home sales price is $221,782
  • The communities of Downtown Greenville and Augusta Road have the highest average home sales price of $324,597
  • The community of West Greenville has the most affordable average home sales price of $103,434
  • Homes sold an average of 56 days on the market
  • On average, sales price is 97.3% of asking price

Below are housing market statistics for Travelers Rest as of October, 2016:

  • Average home sales price is $203,374
  • Homes sold an average of 175 days on the market
  • On average, sales price is 95% of asking price

Below are housing market statistics for Greer as of October, 2016:

  • Average home sales price is $202,911
  • Homes sold an average of 144 days on the market
  • On average, sales price is 97% of asking price

Below are housing market statistics for Blue Ridge as of October, 2016:

  • Average home sales price is $203,374
  • Homes sold an average of 175 days on the market
  • On average, sales price is 95% of asking price

Below are housing market statistics for Taylors as of October, 2016:

  • Average home sales price is $188,658
  • Homes sold an average of 113 days on the market
  • On average, sales price is 98% of asking price

Below are housing market statistics for Berea as of October, 2016:

  • Average home sales price is $118,275
  • Homes sold an average of 77 days on the market
  • On average, sales price is 97% of asking price
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