| The time has never been better to invest in a | | | | Street Award." |
| home in Greenville, South Carolina. The | | | | |
| current real estate market has been | | | | Greenville has an extremely active real |
| remarkably steady in the first few months of | | | | estate market. Current inventory is right in |
| 2007 and shows no signs of waning. In fact, | | | | line with past years with over 5,000 current |
| the local market has not experienced the | | | | active listings. With an average price of |
| fabled "real estate bubble" that seems to be | | | | approximately $260,592, Greenville is an |
| a hot topic in most of the home markets | | | | attractive and affordable area in which to |
| around the country. The question remains, | | | | live. To give the common buyer or seller an |
| "what is it that has set Greenville apart | | | | idea of the action that this market has seen, |
| from other real estate markets?" | | | | there have been over 2,000 homes sold already |
| | | | this year with an average price of $176, 755. |
| Well, one of the major factors is the | | | | On the mean, homes spent an average of 88 |
| remarkable appreciation rate of the area's | | | | days on the market and sold for an impressive |
| historic homes. These beautiful pieces of | | | | 97% of their original list price. |
| property are appreciating at a rate of 3-4% | | | | |
| per year. This is a sustainable level of | | | | Growth is another reason for the excellent |
| increase when looked at in comparison to | | | | shape of the Greenville market. A current |
| markets around the country that are | | | | inventory of almost 1500 new construction |
| experiencing periods of wild fluctuation. | | | | homes has brought new life to an already |
| Other factors involved in the stability of | | | | vibrant area. These new homes are listed for |
| the Greenville market are things like the | | | | an average price of $312,643 and most are |
| excellent employment opportunities, the fine | | | | located in the outlying areas of Simpsonville |
| education system and accolades like being the | | | | and Greer. |
| 2003 winner of the "Great American Main | | | | |