Market Summary Thru May 31, 2012
|
Market Statistic |
April 2012 |
May 2012 |
Trend |
|
Median Price of Homes Sold |
$124,050 |
$136,034 |
+ |
|
Average Price of Home Sold |
$132,469 |
$135,943 |
+ |
|
Least Expensive Home Sold |
$4,000 |
$5,000 |
- |
|
Most Expensive Home Sold |
$503,000 |
$364,000 |
+ |
|
Price/ Sq. Ft. |
$72.45 |
$72.41 |
+ |
|
Average Days of Market (DOM) |
179 |
155 |
- |
|
Total Active Inventory |
1283 |
1290 |
+ |
|
Median Home Size |
1680 |
1640 |
- |
|
Median Number of Bedrooms |
3 |
3 |
+ |
|
Median Number of Bathrooms |
2 |
2 |
|
The number of homes sold in the Sumter South Carolina in the month of May increased from 52 in April to 71 in May. The numbers of homes sold in Sumter County showed an increase in May that brought the number in line with prior years. After having the April units closed fall short of prior years and not a big increase in the number of pending units, I did have some concern about what was happening in the 2012 sales year. The pendings at the end of May have increased so I am expecting the June numbers to fall in line with prior years.
Second the Median and Average home price in Sumter was up over the April and even with weak sales in April these numbers were strong. Sumter saw the Average $ per Square Foot remain almost level from May to April.
The charts for May are below and seeing the May numbers fall closer in line with 2010 and 2011 numbers is a positive note after the lower numbers in April. The year to date sales will need to see an increase to obtain the 2010 and 2011 sales levels. If you are going to be selling a home in 2012, now is the time to contact a Realtor to do a walk through and discuss pricing and any repairs or improvements that can be complete to sell your property. For more information or a free walk thru, 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 2006
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 June 2012
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