Why More Homes Are Hitting the Market in Greenville Right Now

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If you’ve noticed more homes hitting the market lately in Greenville and across the Upstate, there’s a reason.

During the COVID housing boom, the real estate market moved at an incredible pace. Homes were often selling before a sign even went into the yard, and many properties were closing for tens of thousands sometimes $100,000 or more over asking price.

At the same time, mortgage interest rates dropped to historic lows, sometimes around 2.5%.

Because of these conditions, many homeowners made the decision to stay where they were. Instead of selling, they refinanced or purchased homes during that time and locked in extremely low rates.

Now, several years later, the market has shifted.

Many of the homeowners who chose not to sell over the past three to four years are now deciding it’s time to move. As a result, we’re seeing an increase in inventory across Greenville and the Upstate.

For sellers, the strategy today is different than it was during the pandemic boom.

The most important factor is pricing your home correctly from the start.

Homes that are priced properly continue to sell in the Greenville market.

And if you're planning to sell and then buy another home, there’s an additional advantage: your buying power becomes much stronger once your current home is under contract.

In today’s market, strategy matters more than ever.

If you’re considering selling in the next 6–12 months and want to understand how today’s market might impact your plans, message “SELL” and we’ll help you evaluate your options.