With the temperatures warming up and Spring already knocking at the door, homes for sale in Summerville are warming up as well! Here is the full scoop on what happened last month in Summerville Real Estate.
As I highlighted last month, 30% of people moving to SC are coming to retire, this is causing 55+ communities to be built and at a quick pace. Last month, I toured homes for sale in Four Seasons at Lakes of Cane Bay and the variety of the homes being built was impressive as well as the amenities and future planned amenities. Another popular 55+Community in Summerville is the Del Webb Nexton section of Nexton where I recently listed 160 Hedera Court for sale.
According to our Summerville real estate market reports, we have 15% less homes for sale in Summerville then we did this time last year, which has helped to drive the average sales price for homes in Summerville up 3% compared to last year. We saw 221 homes for sale in Summerville sell after an average of 59 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 9% from this time last year in 2018.
The average sales price for a home for sale in Summerville continues to climb upwards and averaged $254,997 last month, which is up three percent compared to this time last year. We continue to hold steady right above 2 months supply of homes for sale in Summerville .
This lack of homes for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up continue to move up. We have 15% less homes on the market this year than we did this time last year. The average price per square foot in Summerville was around $125/square foot last month.
I can help you if you are interested in seeing real estate for sale in Summerville, SC , buying a home in the Summerville area, new home in Summerville , a historic home in Summerville or selling your Summerville home. If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.
**Originally Posted at www.SummervilleRealEstate.wordpress.com**
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