Q: How Has Our Market Changed in the Last 6 Months?
Written by Roger Nix
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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By digitally signing this form you are providing with your express written consent to send you business and marketing communications via text messages (SMS), email, and by calls or prerecorded messages dialed by a natural person or by an automatic or automated telephone dialing system. This express written consent applies to each such email address or telephone number that you provide to us now or in the future and permits such communications regardless of their purpose, unless you opt out of SMS marketing communication when submitting this form. Consent not required to register. Message frequency varies, message and data rates may apply. Text STOP to cancel, call for help.
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