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Just The Stats! Summerville Real Estate Market Conditions - Aug 2019
Summer is winding down, but we had a very hot month with three of our listings going under contracts within 3 days of listing them! If you want to list, don't worry you've missed the Spring market...things are moving! Here is what happened last month with homes for sale in Summerville, SC.
According to our Summerville real estate market reports, we now have 16% less homes for sale in Summerville then we did this time last year and the average sales price for homes in Summerville has held steady at $270,295, which is 3% up from this time last year.
We saw 314 homes for sale in Summerville sell after an average of 42 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 5% from this time last year in 2018.
We are still quite low with the months supply of homes for sale in Summerville as the chart below indicates clearly.
We have 16% less homes on the market this year than we did this time last year. The average price per square foot in Summerville rose to $129/square foot last month.
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