Staff Report
Published Sept. 13, 2011

Home sales jumped 42% in August, compared to the same month in 2010, according to the most recent data from the Greater Greenville Association of Realtors.

In August, 675 homes were sold, up 42% from August 2010. Average price was $175,340, and the median price was $141,976.

This was the second consecutive monthly increase when compared to last year’s data. In July, 614 homes sold, up 25.6% from July 2010.

For the year, however, sales remain unable to keep pace with 2010 levels, which were inflated by tax credits during the first half of the year.

Through the first eight months of the year, sales are down 9.1% compared to the same period in 2010 at 3,704. Average price is $172,482, down 0.4%, and median price is $141,150, down 1.6%.

On average, homes are remaining on the market 105 days, compared with 102 days a year ago.

Activity, meanwhile, is down 16% as of Sept. 10, with 6,343 single-family homes, condos and townhouses listed for sale compared to 7,554 for sale in Sept. 10, 2010.