Published October 14, 2020

Q: How Has Our Market Changed in the Last 6 Months?

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Written by Roger Nix

Q: How Has Our Market Changed in the Last 6 Months? header image.


Today I’ll share the numbers that reveal the changes in our three Multiple Listing Services between March 2020 and August 2020.

 

We have seen a lot of activity in our market recently, causing people to flood us with questions about what’s going on. Here’s a quick look at the numbers in three of our key market areas:


Greenville (primarily Greenville County):



March 2020

August 2020

Days on Market

66

48

Average Sales Price

$263,050

$290,296


Western Upstate (primarily Oconee and Pickens Counties):



March 2020

August 2020

Days on Market

92

76

Average Sales Price

$242,544

$307,412


Spartanburg (primarily Spartanburg County):



March 2020

August 2020

Days on Market

84

41

Average Sales Price

$199,580

$230,769



Our inventory has had a big impact on how long available homes spend on the market, and it’s also created upward pressure on home prices. If you have any questions about your situation and how these conditions affect you, no matter if you’re buying or selling, contact the Upstate Home Team. We’re here to help.

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