Greenville NC Real Estate Sales Statistics - Sept 2011
A buyer purchasing a typical American home at the prevailing average mortgage rate today would have a mortgage payment of $698 a month. This figure is not much different from what a home buyer would have faced 30 years ago. In 1981, home prices were much lower but mortgage rates were reaching 18 percent. Today, home prices have come down by about 33 percent on average from the bubble years, but prices still remain comfortably higher than those of the 1980s. However, thanks to record low mortgage rates, the monthly payment obligations have been greatly reduced. This should be good news and bring new buyers into the market. However, very tight underwriting standards, unfortunately, are keeping some good, hard-working Americans from taking advantage of the super affordable conditions.
Now take a look at how the Greenville NC real estate market performed in September.
Greenville NC real estate sales statistics for September saw the average sales price decrease by 8% to $154,344 when compared to September 2010. The sold listings have decreased by 16%. New listings have decreased by 29% when compared to 2010 while pending sales have increased by 11%. Market times increased by 15 days or 10% from September 2010.
| Date |
New Listings |
Pending Sales |
Sold Listings |
Average Sale Price |
DOM |
| September 2011 | 77 | 61 | 49 | $ 154,344 | 148 |
| September 2010 | 108 | 54 | 58 | $ 168,276 | 133 |
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Whether you are considering buying a home, selling a home or both, Liz Freeman knows the Greenville, North Carolina area inside and out. Most of her team members were born and raised in Pitt County, NC which has provided them with strong ties to the area, allowing them to become a successful Greenville NC real estate team.
Liz Freeman and her team have distinguished themselves as leaders in the Greenville NC real estate market. Liz assists buyers looking for Greenville NC real estate for sale and aggressively markets Greenville NC homes for sale. Liz is also a Certified Distressed Property Expert (CDPE), avoid foreclosure and short sale expert, committed to helping families in financial hardship find options to foreclosure. For more information you can visit Liz Helps.com. You can reach Liz by filling out her online contact form or give her a call.
Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed.
