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