February 2011 Sumter Real Estate Market Report

Posted By Kim PeasleyParker @ Mar 11th 2011 11:30am In: Sumter Real Estate Monthly Report

Market Summary Thru February 28, 2011      

Market Statistic

January 2011

February 2011 


Median Price of Homes Sold




Average Price of Home Sold




Least Expensive Home Sold




Most Expensive Home Sold    




Price/ Sq. Ft.




Average Days of Market (DOM)




Total Active Inventory




Median Home Size




Median Number of Bedrooms




Median Number of Bathrooms





February 2011 showed a pick up in sales in the Sumter Real Estate Market.  February 2011 showed higher number of residential homes sold in Sumter over 2009 and 2010.  The news we are hearing that it is about 60% of the Third Army purchasing in Sumter and 40% will be looking to rent.  This is good news as earlier reports had indicated the majority of the the Third Army would be renting rather than purchasing.    
Sumter Home Sales February 2011 Units Solds
Year to Date closings are still low due to a very slow start in January.  
Sumter Homes Sold Year To Date February 2011
Days on Market for Sumter County, South Carolina increased to 157, but we are seeing consistency in the 150 range.   
Sumter Home Sales Days on Market February 2011
Listings per month increased from 147 in January to 161 in February.  I expect to see these numbers increase as the spring PCS season kicks into full swing.  
Sumter Home Sale Listings Per Month February 2011
The Year to Date Listings is between 2009 and 2010 levels.  I expect to see those numbers stay in that range.
Sumter Home Sales Year TO Date Listings Feb 2011   
After seeing a dip in the Active Listings in Sumter Residential Real Estate Homes for Sale in December, we saw the number increase in January.  This number will hold steady if the current number of new listings continues to come on the market.  I expect it to remain the same as we see listings being sold and rented.
Sumter Homes Sales Active Listings Feb 2011
The median home price increased from $120,306 in January to $126,500 in February.  
Sumter Home Sales Median Home Price Feb 2011
The average $ per square foot decreased in January to $70.72.
Sumter Home Sales Average Price per square foot feb 2011
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
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 March 2011


Share on Social Media:
Tags: , ,

Comments (1)

Liz Loadholt says...
on 04/10/11

I find this information very informative -- a great market condition report.

Comments have been closed for this post.
Please contact us if you have any questions or comments.