April 2014 Sumter SC Market Report

Posted By Kim PeasleyParker @ Jun 13th 2014 2:15pm In: Sumter Real Estate Monthly Report

 

Market Summary Thru April 30, 2014

 

Market Statistic

March 2014

April 2014

Trend

Median Price of Homes Sold

$128,000

$132,000

+

Average Price of Home Sold

$122,767

$123,631

+

Least Expensive Home Sold

$8,000

$10,500

+

Most Expensive Home Sold

$377,500

$330,000

-

Price/ Sq. Ft.

$62.38

$64.50

+

Average Days of Market (DOM)

149

209

+

Total Active Inventory

1243

1319

+

Median Home Size

1735

1724

-

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

 

 

April 2014 in Sumter, SC Real Estate showed an increase in the number of home sold.  April had 87 homes sold in Sumter county which was an increase over the 64 homes sold in March 2014.  These numbers for April were actually higher than April 2013 helping to close the gap of lagging home sales over 2013 numbers during the first quarter.  The year to date home sales for 2014 in Sumter county is 268 which is only behind the 2013 sales year to date by 16 units.  This is great news after seeing the slower sales during the first quarter of 2014.  The number of pendings increased at the end of April to 197 over the 180 at the end of March.  This is a good indicator that the closing in May will be higher than April!      

 

The median home price in Sumter, SC increased slightly in April 2014 to $132,000 as did the average sale price at $123,631.  The price per square foot increased in Sumter, SC real estate from $62.38 in March 2014 to $64.50 in April 2014.   April 2014 held true to prior years of with the number of new listings increasing.  Active inventory increased slightly from March with 1243 active listings to April ending with 1319 active listings in Sumter SC. 

 

The charts for Sumter SC Real Estate in April 2014 are below.  It is a great time to purchase a home in Sumter, there is a very high inventory and the interest rates are still relatively low.  There is a substantial cost savings in purchasing a home versus renting the same home.  These savings are only increased when tax benefits of owning are home are calculated into the equation.   

 

For more information or a free walk thru to prepare for selling, please call me at 803-840-7519.

 

Homes Sold in Sumter County, South Carolina by Month

April 2014 Sumter SC Homes sold monthly

 

Homes Sold in Sumter County, South Carolina Year to Date Since 2006

April 2014 Sumter SC Real Estate Homes Sold YTD

 

Average Days on Market in Sumter Until Sold  

April 2014 Sumter SC How long to sell a house

 

Sumter New Listing for Residential Property By Month

Sumter SC April 2014 Listings per month 

 

Sumter New Listing for Residential Property By Year To Date  

April 2014 Sumter SC real estate homes for sale     

 

Sumter Active Listing for Residential Property 

April 2014 Sumter County SC Active LIstings

 

Median Home Price for the Sumter Residential Home Sales

April 2014 Sumter Real Estate Median Home Price

 

Sumter County South Carolina Price Per Square Foot 

April 2014 Sumter SC Home 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 2014 

 


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