Greenville NC Real Estate Market Trends - April 2011
Home sales are expected to stay on an uptrend through 2012, although the performance will be uneven with mortgage constraints weighing on the market, according to real estate experts.
Lawrence Yun, National Association of Realtors chief economist, said existing-home sales have been underperforming by historical standards and will rise gradually but unevenly. “If we just hold at the first-quarter sales pace of 5.1 million, sales this year would rise 4 percent, but the remainder of the year looks better,” Yun said. “We expect 5.3 million existing-home sales this year, up from 4.9 million in 2010, with additional gains in 2012 to about 5.6 million – that’s a sustainable level given the size of our population.”
Now take a look at how the Greenville NC real estate market performed in April.
| Date | New Listings |
Pending Sales |
Sold Listings |
Average Sale Price |
DOM |
| April 2011 | 142 | 89 | 75 | $ 152,934 | 176 |
| April 2010 | 190 | 199 | 103 | $ 166,797 | 144 |
Greenville NC real estate sales statistics for April saw the average sales price decrease by 8% to $152,934 when compared to April 2010. The sold listings have decreased by 27%. New listings have decreased by 25% from 2010 and pending sales have decreased by 55%. Market times increased by 32 days or 18% from April 2010.
Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.
Search all Greenville NC homes for sale.
Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed.
