November 2010 Sumter Market Report

By
Real Estate Agent with AgentOwned Realty, Heritage Group, Inc.
Market Summary Thru November 30, 2010
 

Market Statistic

October 2010

November 2010 

Trend

Median Price of Homes Sold

$128,870

$132,450

+

Average Price of Home Sold

$132,962

 $136,259

+

Least Expensive Home Sold

$15,000

$5,000

-

Most Expensive Home Sold    

$370,000

$329,000

-

Price/ Sq. Ft.

$68.95

 $71.55

+

Average Days of Market (DOM)

165

 156

-

Total Active Inventory

1391

 1375

-

Median Home Size

1747

 1707

-

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

 

 

November saw another decrease in the number of units sold to 42 down 9 units from October.  We have been seeing more buyers looking at houses and we have had many houses close after December 1st that do not show on this report.
 
Sumter Units Sold By Month

The Year To Date Closings for 2010 continues to lag behind 2009 numbers.  I d not expect to see this gap close in December and 2010 will have fewer homes closed than the prior years.
 
Sumter Year To Date Homes Sold
 
Days on Market for Sumter County, South Carolina decreased from 165 in October to 156 in November.  There remains many wonderful homes on the market in Sumter, but competition continues to be tough.
 
Sumter Day on Market
 
Listings per month decreased from 141 in October to 106 in November.  These new listings indicate fewer homes going on the market during the months of October and November.  

Sumter Real Estate Listings Per Month, Homes for Sale

 
Sumter County year to date listings is still above 2009 levels, but the gap is decreasing rapidly.  2009 showed a fairly steady increase every month and 2010 showed higher numbers earlier again indicating that homes were being placed on the market earlier to increase their exposure and to compensate for longer time on the market.   
 
Sumter Real Estate Year to Date Listings, Sumter Home for Sale   
 
The number of active listings in the Sumter market continued to decrease for the fourth straight month. 
 
Sumter Home for Sale, Number of Homes for Sale

The median home price increased from $128,870 in October to $132,450 in November.  The year to date median home price is $129,900. 

Median Home Price Sumter Home Sale

 
 
The average $ per square foot increased in November after seeing virtually no change from September to November.    

Sumter Home Price per Square Foot sq ft

 
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. 
 

Sumter Homes kim peasley parker
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
 
Copyright, Kim Peasley-Parker December 2010
 
Originally Posted on Sumter Home Pros

 

Posted by

Information and Content in this blog is original to Kim Peasley-Parker unless otherwise stated.

Kim Peasley-Parker, Sumter Real Estate

 

 

Kim Peasley-Parker

Realtor (R) /Shareholder

AgentOwned Realty Company

Heritage Group, Inc.

Cell 803-840-7519

Email: kim@agentownedrealty.com

 

 

 

                   Search By Map Search By Sudivision Homes for Sale

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
South Carolina Sumter County Sumter
Groups:
AgentOwned Realty
Tags:
market conditions
market report
sumter
shaw homes
real estate in sumter
homes for sale in sumter

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,073,964
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!

Hi Kim, wishing you and your family a Merry Christmas and a Happy New Year!

Dec 25, 2010 10:27 AM #1
Rainmaker
188,511
Joye Hollis Ridgeway
AgentOwned Realty, Charleston SC - Charleston, SC
- Homes, Land, Investment, Commercial

Love your market stats report.  Happy New Year !

Jan 05, 2011 12:09 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
332,313

Kim Peasley-Parker

Ask me a question
*
*
*
*
Spam prevention