What the Q1 Numbers Say About Our Greenville Market
04/25/19 • -1 min
As we move into the second quarter of 2019, our Greenville market is looking stable, and now is a great time to sell.
Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.
Now that we’re into the second quarter of 2019, it’s a great time to look back at the first quarter of our market to see where things stand between buyers and sellers as we move through spring.
To really gauge our market, there are four numbers I like to track: inventory, home sales, the average sale price, and the average days on market. Here’s how each of these numbers stack up compared to the first quarter of last year:
To really gauge our market, there are four numbers I like to track: inventory, home sales, the average sale price, and the average days on market. Here’s how each of these numbers stack up compared to the first quarter of last year:
- Inventory rose 6.8% to 4,271 active homes on the market
- The number of sales dropped 1.7% to 2,768 homes
- The average sale price rose 0.9% to $240,398
- The average days on market rose 4.9% to 64 days
“
Just a few months ago, the U.S. News & World Report said that 2019 was going to be the best year for home sellers in recent memory.
”What these numbers mean is our market is very stable, and stability is good. Just a few months ago, the U.S. News & World Report said that 2019 was going to be the best year for home sellers in recent memory. Interest rates are still very low, and 20% of all millennials say they plan on buying a home within the year.
If you want to sell your current home and buy another home, I recommend putting your home on the market first and getting it under contract before looking for your next home. Otherwise, you run the risk of owning (and paying for) two homes at the same time.
If you have any more questions about our Greenville market or you need help buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.
If you want to sell your current home and buy another home, I recommend putting your home on the market first and getting it under contract before looking for your next home. Otherwise, you run the risk of owning (and paying for) two homes at the same time.
If you have any more questions about our Greenville market or you need help buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.
As we move into the second quarter of 2019, our Greenville market is looking stable, and now is a great time to sell.
Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.
Now that we’re into the second quarter of 2019, it’s a great time to look back at the first quarter of our market to see where things stand between buyers and sellers as we move through spring.
To really gauge our market, there are four numbers I like to track: inventory, home sales, the average sale price, and the average days on market. Here’s how each of these numbers stack up compared to the first quarter of last year:
To really gauge our market, there are four numbers I like to track: inventory, home sales, the average sale price, and the average days on market. Here’s how each of these numbers stack up compared to the first quarter of last year:
- Inventory rose 6.8% to 4,271 active homes on the market
- The number of sales dropped 1.7% to 2,768 homes
- The average sale price rose 0.9% to $240,398
- The average days on market rose 4.9% to 64 days
“
Just a few months ago, the U.S. News & World Report said that 2019 was going to be the best year for home sellers in recent memory.
”What these numbers mean is our market is very stable, and stability is good. Just a few months ago, the U.S. News & World Report said that 2019 was going to be the best year for home sellers in recent memory. Interest rates are still very low, and 20% of all millennials say they plan on buying a home within the year.
If you want to sell your current home and buy another home, I recommend putting your home on the market first and getting it under contract before looking for your next home. Otherwise, you run the risk of owning (and paying for) two homes at the same time.
If you have any more questions about our Greenville market or you need help buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.
If you want to sell your current home and buy another home, I recommend putting your home on the market first and getting it under contract before looking for your next home. Otherwise, you run the risk of owning (and paying for) two homes at the same time.
If you have any more questions about our Greenville market or you need help buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.
Previous Episode
A Few Reasons to Consider Selling Your Home This Winter
The winter might be a better time to sell your home than you think. Here are a few reasons why.
Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.
Winter may be the best time to put your home on the market. If you were waiting until spring, you may not have to. On my recent appearance on “Your Carolina with Jack & Megan,” I discussed why the winter is a fantastic opportunity for homeowners to get their properties on the market.
One of the biggest misconceptions in real estate is that the winter is a bad time to sell. However, lower inventory means less competition. If you wait until June or July, you’ll be competing against many other homebuyers. The more supply that’s out there, the more home prices get compressed.
One of the biggest misconceptions in real estate is that the winter is a bad time to sell. However, lower inventory means less competition. If you wait until June or July, you’ll be competing against many other homebuyers. The more supply that’s out there, the more home prices get compressed.
“
If you wait until June or July to list, your competition will increase exponentially.
”Secondly, this is the time of year where many companies are helping their employees out by giving them bonuses and year-end payouts. They are starting to collect those right now and will have a little bit of extra money in their pocket.
Finally, did you know that January is the No. 1 month for corporate relocations? With that being so, there will be a lot of people coming into the area, looking to pick a house quickly by January. You'll want to be on the market now to take advantage of those buyers.
Thanks again to Jack and Megan for having me. If you have any questions about why winter is a great time to sell or about real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.
Finally, did you know that January is the No. 1 month for corporate relocations? With that being so, there will be a lot of people coming into the area, looking to pick a house quickly by January. You'll want to be on the market now to take advantage of those buyers.
Thanks again to Jack and Megan for having me. If you have any questions about why winter is a great time to sell or about real estate in general, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.
Next Episode
Join our VIP Facebook Group for Updates, Info, & More
We’re only a short way into the new year, but I hope you’re having a great year so far! Today’s message is to inform you that you’re invited to join Hamilton & Co.’s VIP group on Facebook. Mind you, this isn’t our public Facebook Page—this is just for Hamilton & Co. insiders. So if you’d like to be included in our monthly giveaways and get insider information about what’s happening in the local real estate market, join our VIP page! In the meantime, if you have any questions about your real estate needs, don’t hesitate to reach out to us. We’re here to help.
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