Greenville Sc Real Estate

The time has never been better to invest in aAmerican Main Street Award."
home in Greenville, South Carolina. The currentGreenville has an extremely active real estate
real estate market has been remarkably steadymarket. Current inventory is right in line with past
in the first few months of 2007 and shows noyears with over 5,000 current active listings. With
signs of waning. In fact, the local market has notan average price of approximately $260,592,
experienced the fabled "real estate bubble" thatGreenville is an attractive and affordable area in
seems to be a hot topic in most of the homewhich to live. To give the common buyer or seller
markets around the country. The questionan idea of the action that this market has seen,
remains, "what is it that has set Greenville apartthere 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 remarkablethe 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 aretheir original list price.
appreciating at a rate of 3-4% per year. This is aGrowth is another reason for the excellent shape
sustainable level of increase when looked at inof the Greenville market. A current inventory of
comparison to markets around the country thatalmost 1500 new construction homes has brought
are experiencing periods of wild fluctuation. Othernew life to an already vibrant area. These new
factors involved in the stability of the Greenvillehomes 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 andareas of Simpsonville and Greer.
accolades like being the 2003 winner of the "Great