Greenville, SC housing market

Greenville sellers are asking a lot more than buyers are paying, and that gap is the story this month. The typical Greenville home is worth about three hundred sixty-one thousand dollars, up a modest 2.5 percent over the past year. But the median list price sits near four hundred forty-seven thousand dollars, roughly eighty-six thousand dollars above typical value. Buyers are taking their time too. Homes are spending a median of 57 days on market, and nearly one in five listings has already cut its price. There are about one thousand thirty-nine homes for sale right now, with another 388 just hitting the market, so shoppers have real options and little pressure. If you are selling, the lesson is simple. Pricing to the list side of that gap means sitting, then cutting. Pricing close to actual value is what gets a deal done in a market this patient. Know your number before you list, not after your first price cut.