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Greenville Sc Real Estate

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




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