January 2011 Sumter SC Real Estate Market Report

Posted By Kim PeasleyParker @ Feb 8th 2011 4:00pm In: Sumter Real Estate Monthly Report

 
 
Market Summary Thru January 31, 2011      
 

Market Statistic

December 2010 

January 2011 

Trend

Median Price of Homes Sold

$142,500

$120,306

+

Average Price of Home Sold

$150,567

 $133,783

+

Least Expensive Home Sold

$6,000

$19,900

+

Most Expensive Home Sold    

$550,000

$318,000

+

Price/ Sq. Ft.

$73.67

 $74.95

+

Average Days of Market (DOM)

197

 150

+

Total Active Inventory

1280

 1356

+

Median Home Size

1735

 1620

-

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

    

 

January is typically a slower month in the Sumter Real Estate Market and 2011 proved to follow prior years with the number of closings down from 61 in December 2010 to 38 in January 2011.  
January 20111 Sumter Real Estate Sold per Month
Year to Date closings is for the month of January only.  
 
January 2011 Sumter SC Real Estate YTD Sold
 
Days on Market for Sumter County, South Carolina decreased to 150 in January.  
 
January 2011 Days On Market Sumter Real Estate
 
Listings per month increased from 95 in December to 147 in January.  This increase in listings isn't untypical as more home sellers are receiving orders for spring PCSing and also many sellers delay putting their homes on the market during the holidays.

January 2011 Sumter Real Estate Listings Per Month

 
The Year to Date Listings is for the month of January only.  2011 has started out very similar to prior years.  
 
January 2011 Sumter Real Estate YTD Listings     
 
The number of active listings in the Sumter has remained around the 1300 mark with some fluctuation over the past few months.  The end of January 2011 has 1356 active listings.
January 2011 Sumter Real Estate Active Listings
 
The median home price decreased from $142,500 in December to $120,306 in January.  

January 2011 Sumter Median Home Price 

The average $ per square foot increased in January to $74.95.
 
Jan 2011 Sumter Real Estate 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 February 2011
 
 

 


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