Real estate rundown week ending April 1, 2022

The Greater Greenville Association of Realtors announced a 31.7% decrease in active listings — from 3,124 active residential listings in the multiple listing service on March 10, 2021 to 2,132 on March 10, 2022.

While the number of listings are down, the average residential sales price has increased 19.7% from $387,676 in 2021 to $464,238 in 2022, and median residential sales prices have risen 17.7% — from $276,948 to $325,890.

Average number of days on market has dropped by 19.2% from 78 to 63.

GGAR also reported 1,745 homes were pending sale and 1,165 units were under contingency contract as of March 10.

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