Boiling Springs and Spartanburg Houses in the $300,000 to $400,000 Price Range

A look a Spartanburg and Boiling Springs homes in the $300,000 to $400,000 price range tells us that home buyers are starting to prioritize an “affordable” monthly payment and buy less expensive homes.  Of course “affordable” is a relative term and means something different to everybody.  The data tells us that 7 homes per month in this price range are sold in Spartanburg county.  Currently there are 263 Spartanburg SC homes for sale in the $300K to $400K price range. It is fair to note that some sales are not entered into the MLS because they are sold directly from the builder to the home owner so the actual SOLD number is a bit larger.  However the 263 Spartanburg homes for sale are actual “active” listings  in the MLS as of September and therefore accurate data.

As we see again, builders over built in this price range and the over supply could certainly represent a great buying opportunity for today’s home buyer in Spartanburg county.  A 37.6 month supply of homes represents a lot of money tied up into an investment that is not currently performing and also comes with a cost to hold in the form of taxes, insurance, and general upkeep.  Search for Boiling Springs houses in the $300,000 to $400,000 price range here and call  me if I can help in anyway.

Source: Spartanburg, SC MLS
Price Range	Current Active Listings	Sold Listings	Date Range	Solds per Month	# Months of Inventory

$300 – $350	133	49	12	4.1	32.57
$350 – $400	130	35	12	2.9	44.57

With over a 37 month supply of homes on the market in the price range, Boiling Springs SC home sellers cannot just put a sign in the front yard and expect their house to sell. To understand this lets go back to my consumer product days with Britol-Myers Squibb and Michelin Tires.  The purchase decision is an emotional one based upon the perceived benefits that the product they will give the buyer.  Let’s not underestimate that your home for sale is a “product” we call a house or home.  There is a relationship between the the Price and the Product .

Price/Product Benefits = ?  In the short equation as price goes up the overall answer or “attractiveness” of the product goes down and vice versa.  As perceived value goes up, acheived by staging the home, landscapping, etc., the formula yields us a larger number representing a “better” deal to the buyer.  This formula is sometimes called the Price-Value ratio or realtionship and I’m sure it goes by many other names too.

I offer my Spartanburg and Boiling Springs real estate clients a FREE home staging consultation from an experienced home seller.  When we sell a personally owned home they generally sell very quickly because the home has a warm, welcoming feel that we specifically created.  With a over a 37 month supply of homes in Spartanburg SC creating this feeliing in your home will play an important role in selling your home too.

NEW Spartanburg and Boiling Springs Foreclosures

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!