Here's your May 2024 Real Estate market update for Greenville, SC and surrounding areas.

 

For single-family homes:

-  817 single family homes listed

- 590 Homes Sold

- Average List price $479,000

- Average Sold price $471,000

- Median List Price: $378,000

- Median Sold Price: $379,000

- Average Days on Market was 40, and Median DOM 14

 

Moving on to townhomes:

- 153 townhomes listed

- 119 Sold

- Average List Price $319,000

- Average Sales price $316,000

- Median List Price: $270,000

- Median Sales Price: $268,000

- Average Days on Market was 45 and Median DOM 22

 

For the month of May we observed interest fluctuate from:.

- Government Loan Rates increased from 6.12% to 6.35% with a 1 point buy down. As of this video they are 6.25%

-  Conventional Loan Rates increased from 7.12% to 7.35% with a 1 point buy down. As of this video they are 7.06%

 

 

If you are interested in buying or selling a home in the Greenville, SC area, you can contact me at 864-430-2451. For more information on buying and selling homes, you can visit my personal website at www.buygreenvilleschomes.com

 

Additionally, you can find the top 10 homes that have hit the market today at this link: https://www.buygreenvilleschomes.com/Greenville/top-10-new-listings-Greenville/

 

If you’re thinking about selling and want to know what your homes value is, you can take look at that here:  https://www.buygreenvilleschomes.com/cma/property-valuation/

 

Lastly, you can check out my YouTube channel at @kwellsrealestate

 

#GreenvilleRealEstate #MayMarketReport

#SingleFamilyHomes #townhomes #InventoryDecrease