November 2014 Sumter SC Market Report

By
Real Estate Agent with AgentOwned Realty, Heritage Group, Inc.

 

Market Summary Thru November 30, 2014

 

Market Statistic

October 2014

November 2014

Trend

Median Price of Homes Sold

$121,500

$142,000

+

Average Price of Home Sold

$140,249

$137,744

-

Least Expensive Home Sold

$5,000

$4,500

-

Most Expensive Home Sold

$640,000

$367,500

-

Price/ Sq. Ft.

$65.66

$67.70

+

Average Days of Market (DOM)

160

156

-

Total Active Inventory

1231

1221

-

Median Home Size

1860

1873

+

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

3

+

 

If you compare the Sumter SC Real Estate Market in November 2014 to October 2014, you may be very disappointed.  However, looking back at prior years, the decrease in sales from October to November is normal.  2008 and 2009 have been benchmarks years to compare 2014 to and the sales for November 2008 were 59 properties sold while November 2014 ended with 61.  The year to day properties sold for 2014 at the end of November was 882, which is higher than both 2008 and 2009.  I expect the year will finish strong with numbers outpacing 2013.  The number of pendings at the end of November 2014 was 149 which is only down 8 pendings from October pendings.   

 

For the complete report and information charts please visit SumterHomePros.com

 

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

 

 

 

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Ambassador
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Kim Peasley-Parker I hope you are having lots of hits on your market reports! I can attribute 4 sales due to my market trends and reports! They work so keep up the good work!!!

Dec 21, 2014 06:41 AM #1
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