The chart below answers the question "how many months of inventory is there currently on the market?" It take the number of homes sold by price range in the last 12 months, then looks at how many homes are currently on the market in that price range and tells us how many months it should take (given historical data) to sell out that inventory.

Generally, 4-6 months of inventory is considered a mixed market and anything above 7 months or more is considered a Buyer's Market.  As you can see from the information below, we are currently in a Buyer's Market in all price points in the Greenville MLS.

Greenville, SC Multiple Listing Service
Price Range Current
Active Listings		 Sold
Listings		 Date Range
Solds per
Month		 # Months
of Inventory
$0 - $100 1224 2092 12 174 7.02
$100 - $125 624 877 12 73 8.54
$125 - $150  873 1102 12 92 9.51
$150 - $200 1349 1512 12 126 10.71
$200 - $250 829 799 12 67 12.45
$250- $300 599 476 12 40 15.10
$300-$350      408 271 12 23 18.07
$350 - $400   365 182 12 15 24.07
$400 - $450    191 118 12 10 19.42
$450 - $500  227 80 12 7 34.05
$500 - $600  275 89 12 7 37.08
$600 - $750     224 75 12 6 35.84
$750 - $1 million 185 36 12 3 61.67
$1 million - up  130 18 12 2 86.67

I hope you find this information useful. Please don't hesitate to contact me by email or phone (864-527-7685) if I can help interpret this data or show you how to use it in our current real estate market in Greenville, South Carolina.