Jan
27

Greenville’s Housing Market Fares Better Than Most in State

By

– Greenville News

The Greater Greenville area’s 19.6 percent decline in the number of homes sold last year may not sound great, but it was a better performance than in many other areas of the state and gave local real estate pros reason to be optimistic about a recovery.

There were 7,529 residential units sold in the Greater Greenville area last year, compared with the 9,370 units sold in 2007, according to the South Carolina Association of Realtors Multiple Listing Service. But the median sales price for Greenville area homes was up in 2008, according to MLS.

Statewide, real estate agents sold nearly 15,000 fewer homes last year as sales fell to 46,914. The 24 percent drop was the biggest in at least a decade. Median price finished at $154,000, down 3.5 percent from 2007, according to data released by the state realtors trade group.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/article/20090127/NEWS01/301270003/1001/NEWS01

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