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Winter 2012 Market Update
Clients from out of state feel that we have a really good standard of living new verus our cost of living.
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Boiling Springs is | No Change |
| Seller Activity for the past 90 days in Boiling Springs is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Great buys! Good Inventory and Super Low Rates make NOW the best time to buy! |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Financing is availableThere is a loan program to meet almost everyone’s need. Financing is Available!! Th |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Very good selection of homes at affordable pricing. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Spartanburg |
| Housing Hot Spots | The entire area of Boiling Springs is very desireable. |
| Average Sold Price | $150,000 - View Graph Trend |
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Joyce Pettit
Keller Williams Realty
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