The Greater Greenville Association of Realtors announced a 25.8% decrease in active residential listings — from 2,949 in the multiple listing service on April 10, 2021 to 2,187 on April 10, 2022.
While the number of listings are down, the average residential sales price has increased 18.5% from $398,825 in 2021 to $472,742 in 2022, and median residential sales prices have risen 18.9% — from $285,000 to $339,000.
Average number of days on market has dropped by 18% from 72 to 59.
GGAR also reported 1,720 homes were pending sale and 1,239 units were under contingency contract as of April 10.