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

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