September 2010 Greater Greenville SC Housing Market Statistic Update – Homes Sold – Houses currently for Sale – Average Days on Market and Average

In September of 2010, there were 466 residential single family homes sold in the Greater Greenville SC real estate market. This number also includes condos and townhouses that closed escrow as of October 10th 2010. Average price for these sold homes was $174,036, Median price was $140,000, total volume was $81,100,560 and the average Days on Market (DOM) was 105 days. At the same time in 2009, there were 597 (-21.9% change from September 2010) units sold, with an average price of $174,525, median price of $139,900, total volume of $104,191,611 and average DOM of 112 days. The percentage of original list price received in September 2010 for the sold units was 89.8%, and was 91.9% in September of 2009.

Year to date YTD - from January 1st to September 30th 2010, there were 5100 homes sold in the Greater Greenville real estate market. Average price for these year to date sold homes was $173,330, median price was $143,000, total volume was $883,983,345 and the average DOM was 103 days. YTD for the same period in 2009, there were 5015 (+1.7% change from YTD 2010) homes sold, with an average price of $168,298, median price of $140,000, total volume of $844,012,063 and an average DOM of 102 days.YTD percent of list price received at sale for January 1st to September 30th 2010 was 91.3% and 91.4 (-0.1% change) for the same period in 2009.

Greater Greenville includes homes sold and homes for sale in Greenville, Simpsonville, Greer, Taylors, Mauldin, Fountain Inn, Travelers Rest, Marietta, Easley, all of Greenville County, parts of Anderson County, Pickens County, Union County, Spartanburg County, Laurens County and Oconee County. These are homes listed in the Greater Greenville Association of REALTORs (GGAR) Multiple Listing System (MLS).

There were 1,166 new listings in September of 2010, and as of October 10th 2010, there were 7332 single family homes available for sale in the GGAR MLS. This is about 13 months worth of inventory. Average list price for these active homes was $244,277, median price was $173,000, total volume was $1,791,038,200 and the average DOM was 157 days. The same period last year, there were 6745 (+8.7% change as of October 10th 2010) active residential listings for sale in Greater Greenville SC. Average list price then was $265,218, median price was $189,000, total volume was $1,788,895,675 and average DOM was 150 days.

Also in September 2010, there were 361 homes that went under the Contract Pending status. There were 667 (-45.9% change) homes that went under the Contract Pending Status in September of 2009.

Due to the home buyer tax credit that was available last year, some of the 2009 comparisons will probably be higher for the next few months.

Based on the current inventory level of homes for sale in Greater Greenville SC, it is still a buyer's market. Which means that it is a great time to find your perfect Greater Greenville SC home. Contact Victor Amadi at 864-525-0201 to get a qualified REALTOR® working for you. With interest rates still at record lows, you can find a great home at a payment that will be affordable to you. It also means that home sellers should showcase their home, and price it competitively from the start to be successful in this buyer's market.

Are you ready to get your home sold? Contact Victor Amadi at 864-525-0201 for a free market value assessment of your home and for our complete marketing system.

Statistics used in this post were gathered from the Greater Greenville Association of Realtors inc. Multiple Listing System. These statistics may not include sales like new construction, For Sale by Owners that were brokered by member firms and sales reported after October 10th. All information are deemed reliable but not guaranteed.

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Victor Amadi - EXIT Upstate Realty - September 2010 Greater Greenville SC Housing Market Statistic Update - Homes Sold - Houses currently for Sale - Average Days on Market and Average House Price

Greenville SC HUD Foreclosure Homes for Sale - Greater Greenville HUD Foreclosed Properties - Upstate South Carolina Government owned Homes

HUD foreclosure homes for sale on the Greater Greenville SC real estate market are normally offered at great prices. HUD homes are homes with FHA insured mortgages that are acquired by the US Government's department of Housing and Urban Development because of a foreclosure. These homes then become Government owned homes, and HUD then offers these homes for sale. They initially give owner occupant home buyers a seven day priority period to bid on each new property listing or after a price reduction. Once this priority period is over, it is then opened up to all bidders including investors.

Although Greater Greenville SC HUD homes for sale are listed in the Multiple Listing System (MLS), you need a HUD approved broker to submit a bid on any of these homes. The bid is submitted online, and if it is during the owner occupant priority period, your Greenville SC HUD approved broker will be notified the day after the bid deadline if you had the winning bid. If the home is available to all bidders, the bid deadline is at midnight everyday and the winner is notified the day after. If your bid is accepted, your agent will have 48 hours to send original contract documents to the HUD's representativen along with a copy of your earnest money.

Search Upstate area HUD Homes for Sale

The link above takes you to HUD representative HMBI's website, where you can browse HUD homes by City, browse by County, by zip code, or by price range. Once you find a home you like, you can view the property condition report for that home. Although this property condition report is not a warranty by HUD of the condition of the home, it does give you an idea of what is wrong with a HUD home before you make a bid. These homes are sold as-is. If you decide to purchase one of these homes, I still recommend that you have the home inspected by a professional home inspector. Having a home inspection is one of the critical steps to purchasing a Greenville SC foreclosed property.

We are a HUD approved broker, and can show and help you purchase any HUD home for sale in Greenville, Simpsonville, Greer, Taylors, Mauldin, Fountain Inn, Easley, Travelers Rest, Piedmont or any other surrounding Upstate area. I am available anytime to answer your questions, contact me at 864-525-0201.

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Victor Amadi - EXIT Upstate Realty - Greenville SC HUD Foreclosure Homes for Sale - Greater Greenville HUD Foreclosed Properties - Upstate South Carolina Government owned Homes - How to buy a HUD Home

Holly Trace Subdivision Real Estate Information - Properties and Homes for Sale - Simpsonville SC Subdivisions and Neighborhoods in Greenville County

Holly Trace is an established 180 lot neighborhood located on highway 14, across from Holly Tree Plantation Golf community in Simpsonville South Carolina. If you are looking for median priced to upscale Simpsonville SC homes for sale in a nice location, Holly Trace subdivision is a good choice. Neighborhood consists of custom built homes of different styles and sizes, built on large spacious lots with plenty of matured trees that provide shade and privacy throughout the neighborhood.

Holly Trace subdivision homes range in size from 2000 square feet to about 4500 square feet on some of the homes with full finished basements. Based on recently sold homes and homes currently available for sale in Holly Trace, homes in this subdivision range in price from the high $200,000's to the low $400,000's. In this neighborhood you can find one story homes, two story homes, basement homes, homes with vinyl siding, synthetic stucco and full brick homes. Some of these homes actually back up to Holly Tree golf course.

Holly Trace neighborhood amenities include a swimming pool, club house, tennis courts, playground, street lights and common areas.

Schools assigned to this neighborhood at the time of this post are Bethel Elementary, Hillcrest Middle and Mauldin High school. Greenville County school assignments are subject to change in the future. Visit Greenville County Schools website for updates and academic calender.

For more information about Holly Trace Subdivision Real Estate, or to get a qualified REALTOR® working for you on your Simpsonville Real Estate needs, contact Victor Amadi or 864-525-0201. You can also view information and homes for sale in other popular Simpsonville Subdivisions. You can also use my Greenville SC real estate website to search homes for sale. If you are looking to get your home sold, contact me for our marketing services.

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Victor Amadi - EXIT Upstate Realty in Greenville SC - Holly Trace Subdivision Real Estate Information - Properties and Homes for Sale - Simpsonville SC Subdivisions and Neighborhoods in Greenville County.