Greenville SC MLS Market Statistics  (03/01/2011 - 04/25/2011) 

Current Active Listings: 7,137

 Average List Price: $247,814Average Days on Market (DOM): 168 
 New Listings for Period:  # Sold in Period: 866 Average List Price Sold: $168,561
   Average Sale Price Sold: $159,555
 Sale Price/List Price Ratio: 94.66% Average DOM Sold: 124 Average List Price Unsold: $203,070

Narrative of Greenville SC Market Statistics

There are currently 7,137 active single-family residence listings in the Greenville SC MLS for the period listed above.  The average list price for active listings is: $247,814.  Up from an average list price of $236,067 in the previous month.  The average days on market for all actives is 168 days; holding steady from last month.

There were 1,757 new listings for the period and 866 homes sold in the same period; up from 566 homes sold in the previous month.

The average list price sold was: $168,561 while the average sale price sold was: $159,555, indicating a sale price/list price ratio of 94.66%.  This is approximately up 1% from the February 2011 period.  So what does this number mean?  Well, it means that for the homes that did sell, that they sold for 94.66% of the listing price.  An example of this would be, a home sold that listed for $220,000 in this period, would've actually sold for $208,252.

Furthermore, the average days on market increased approximately 7 days from the prior period to 124.  These numbers seem to indicate a slightly more favorable buyers market than the prior period.

Posted by Robert Alexander on
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