Market Summary Thru August 31, 2013
|
Market Statistic |
July 2013 |
August 2013 |
Trend |
|
Median Price of Homes Sold |
$155,800 |
$145,200 |
- |
|
Average Price of Home Sold |
$152,679 |
$134,474 |
- |
|
Least Expensive Home Sold |
$8,000 |
$1,200 |
- |
|
Most Expensive Home Sold |
$351,000 |
$320,000 |
- |
|
Price/ Sq. Ft. |
$72.79 |
$66.72 |
- |
|
Average Days of Market (DOM) |
163 |
197 |
+ |
|
Total Active Inventory |
1321 |
1308 |
- |
|
Median Home Size |
1859 |
1852 |
- |
|
Median Number of Bedrooms |
3 |
3 |
|
|
Median Number of Bathrooms |
2 |
2 |
|
August 2013 was another great month for home sales in the Sumter, SC real estate market. While we did see a decrease from 92 homes sold in Sumter, SC in July 2013 to 91 homes sold in August 2013 this is still an increase of 23% over August 2012! The home sales in Sumter have outpaced every year back to 2008. The sales increase year to date through August 2013 from August 2012 is 25%. The number of homes under contract the end of August was 176 which is a decrease from June and July 2013, but a strong indicator that September 2013 will see in increase in sales over September 2012.
The Median home price in Sumter has decreased in August 2013 for the first time since March 2013. The Median Home Price in August 2013 is still higher than most of the month is 2013, it just decreased from the median home price in July 2013. The Average $ per Square Foot for a home in Sumter, SC was $66.72. The price per square foot in Sumter SC remains strong but was impacted by some very low priced foreclosures that were sold in August 2013.
The charts for Sumter SC Real Estate in August 2013 are below. The interest rates are still good and now is a perfect time for all renters to look at the affordability of purchasing a home in the Sumter Market vs paying rent!
For more information or a free walk thru to prepare for selling, please call me at 803-840-7519.
Homes Sold in Sumter County, South Carolina by Month
Homes Sold in Sumter County, South Carolina Year to Date Since 2007
Average Days on Market in Sumter Until Sold
Sumter New Listing for Residential Property By Month
Sumter New Listing for Residential Property By Year To Date
Sumter Active Listing for Residential Property
Median Home Price for the Sumter Residential Home Sales
Sumter County South Carolina Price Per Square Foot
As I recommend every month, please consult a local Realtor® about the local market. Even though the Sumter Board of Realtors provides data, this data is very specific to Sumter County and residential home sales only. I do not include other counties in our Board of Realtors nor do I include lots or land.
I hope you find this real estate market report for Sumter County, SC informative. If you have any suggestions or questions, please email me at kim@agentownedrealty.com and I will help you in any way possible.
Kim Peasley-Parker
Realtor®/Shareholder
AgentOwned Realty,
Heritage Group, Inc.
Sumter, SC
Cell 803-840-7519
Serving all of Sumter County including Sumter, Dalzell, and Shaw Air Force Base area
Your Relocation Contact for Sumter, Shaw, Air Force and 3rd Army
Copyright, Kim Peasley-Parker September 2013
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