NEW Spartanburg and Boiling Springs Foreclosures
by Rob on September 15, 2009
in Boiling Springs Home Buyers, Boiling Springs Home Sellers, Search Boiling Springs Homes For Sale
I can now offer for sale government foreclosures in the Spartanburg and Greenville SC area. Click on the below house icon to review government foreclosed homes in the Spartanburg and Boiling Springs real estate market. This search has been added to the homes search page. Happy home hunting!
Spartanburg County Residential Inventory $0 to $100,000
by Rob on September 15, 2009
in Boiling Springs Home Buyers, Boiling Springs Home Sellers, Boiling Springs Market Conditions, Search Boiling Springs Homes For Sale
| Over the next few days I would like to look at the “inventory” of Spartanburg county homes on the market right now so we can have a better understanding of what to expect in the future. Today we are going to look at homes priced from $0.00 to $100,000.If you are selling a home under $100,000 in Spartanburg county then you have 815 other Spartanburg homes for sale competing with you. Now of course they do not all directly compete with yours as some will be 1 bedrooms, 2 bedrooms, old, new, other side of town, etc. However, with 816 homes for sale in Spartanburg county under $100,000 and 1,156 homes selling in 12 months, there is a 8.47 month supply of Spartanburg homes under $100,000 on the market right now. (See the table below) Click here to search for Boiling Springs homes priced up to $100,000.
This means that if you have a home for sale under $100,000 it is taking 8.5 months to sell it. The Spartanburg homes that sell first are the best ones that are priced correctly or even below market. What’s the lesson in this table below. We are in a buyers market right now. There are more sellers then there are buyers. Since buyers have a lot of choices right now the seller has to take an active role in selling their home. This means making your home look better and nicer then your competition down the street. It is no coincidence that one of the top jobs out there right now is a home staging professional. For less then 1/2 of a mortgage payment sellers can maximize their selling chances by getting their house to appeal to buyers. Don’t know who to call for help to spruce the place up? Feel free to give me a call. 864-621-7900 Source: Spartanburg, SC MLS |
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| Price Range | Current Active Listings |
Sold Listings |
Date Range | Solds per Month |
# Months of Inventory |
| $0 – $100 | 816 | 1156 | 12 | 96.3 | 8.47 |
