Greenwood SC Real Estate and Lifestyle in 2011
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11/2/2011
While other parts of the country are still experiencing a glut of foreclosures and distressed properties on the market and falling real estate values Greenwood's real estate market is actually quite healthy in comparison.
Here are some quick statistics
The 2011 sold market stats according to Navica MLS Systems, our local MLS Data program shows the average home value in Greenwood County is $133,357, 347 homes, condos, duplexes or manufactured homes sold from 1/1/2011 to 11/2/2011. There are 427 of these type properties on the market as of 11/2/2011. Out of all the active listings only 7 of those are bank owned homes. The average price of these bank owned properties is $50,286.
This compared to last years sold statistic for the same time frame show
356 homes, condos, duplexes or manufactured homes sold from 1/1/2010 to 11/2/2010 sold and the average sold price was $134,294 There were 25 bank owned properties sold in this time frame with the average sold price of 497,047 These statistics show improvement in the real estate market in Greenwood and along with that we've seen several new businesses come into the area in the last year bringing employment opportunities with them. Overall we have a strong local economy and a healthy bright outlook for the future.
Our mild climate and abundant natural resources make Greenwood a great place to live for people who enjoy natural surroundings and outdoor recreation. Our uptown is active year offering, live music, cook-offs,festivals, plays a the community theater, a very active art community and unique restaurants and shops lining the mall like uptown square. There's is always something happening Uptown Greenwood
"It's A great Time To Buy" is not a catch phrase it is a great time to buy in Greenwood, especially lake property, Lake Greenwood is widely known across the United States as one of the best lakes in the Southeast with some of the best real estate prices in the area. the prices are the best they have been in recent history. If you won't miss traffic jams, rude people and love wide spaces and love the sound of birds singing you'll love Greenwood. We do!
(Real Estate statistics are generated from Navica MLS Systems Engineering Inc and are deemed to be accurate but not guaranteed)
Bp | Greenwood, SC