Weekly Real Estate Market Update in Spartanburg, SC
Check this page for weekly update about the Spartanburg housing market. This is a great tool to keep track of if you’re thinking of buying or selling a home in Spartanburg, Boiling Springs, Lyman and many other communities. Spartanburg real estate is always change and you can count on Team Matsuda Realtors to be ahead of the game! Call or text us at 864-205-7653, we can’t wait to help you meet your home goals.
Boiling Springs 29316 Housing Market
This week the median list price for Boiling Springs, SC 29316 is $263,400 with the market action index hovering around 43. This is an increase over last month’s market action index of 41. Inventory has held steady at or around 104. Click here to browse homes for sale in Boiling Springs, 29316.
Market Action Index
This answers “How’s the Market?” by comparing the rate of sales versus inventory.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Median List Price
We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Spartanburg 29306 Housing Market
This week the median list price for Spartanburg, SC 29306 is $220,000 with the market action index hovering around 35. This is an increase over last month’s market action index of 33. Inventory has held steady at or around 37. Click here to browse homes for sale in the east side of Spartanburg, 29306.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Median List Price
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Spartanburg 29301 Housing Market
This week the median list price for Spartanburg, SC 29301 is $254,950 with the market action index hovering around 43. This is an increase over last month’s market action index of 39. Inventory has held steady at or around 46. Click here to browse homes for sale in the west side of Spartanburg, 29301.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Median List Price
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Lyman, 29365 Housing Market
This week the median list price for Lyman, SC 29365 is $239,000 with the market action index hovering around 39. This is an increase over last month’s market action index of 31. Inventory has held steady at or around 57. Click here to browse homes for sale in Lyman, 29365.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Median List Price
While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Just Listed Homes For Sale in Spartanburg, SC
Team Matsuda Realtors, your top notch real estate agents in the Upsate of South Carolina. Are you ready to buy or sell a home in Greenville or Spartanburg, SC? Call or text us a (864) 205-7653, lets grab a coffee and talk about your real estate goals!
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As a dedicated mother-daughter team, Team Matsuda Realtors brings 20+ years of experience and a personal touch to the Upstate South Carolina real estate market. We treat our clients like family, providing support before, during, and after the sale in Greenville, Spartanburg, and surrounding areas.
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