January 2012 Sumter SC Real Estate Market Report

Posted By Kim PeasleyParker @ Mar 22nd 2012 5:00pm In: Sumter Real Estate Monthly Report

Market Summary Thru January 31, 2012
 

Market Statistic

December 2011

January 2012

Trend

Median Price of Homes Sold

$137,000

$128,500

- 

Average Price of Home Sold

$135,199

 $120,785

- 

Least Expensive Home Sold

$5,200

$12,500    

+ 

Most Expensive Home Sold    

$450,000

$315,649

- 

Price/ Sq. Ft.

$68.92

 $66.40

-  

Average Days of Market (DOM)

 179

160

- 

Total Active Inventory

 1156

 1196

+  

Median Home Size

1755

 1654

-  

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

    

 

The number of homes sold in the Sumter South Carolina in the month of January decreased from 67 in December to 49 in January.  Remembering the market is cyclical January is one of the lowest months for sales for several years.  Sumter real estate market it is typical for the market to show a steady increase through April and then stay fairly steady until September.    


Second the Median and Average home price in Sumter was down in comparison to prior months.  Sumter also saw a decrease in the Average $ per Square Foot which is typical when there are more investors in the market purchasing homes and this is common in the winter months.  


The Average $ per Square Foot decreased in January.  While the this is a common trend in the Sumter South Carolina market, 2011 didn't follow the trends and was much more erratic with the price per square foot for the entire year.  


The charts for January are below and I feel we will fall in line with 2010 and 2011 numbers for 2012.  Right now the best thing to do is stay the course.  If you are going to be selling a home in 2012, now is the time to contact a Realtor to do a walk through and discuss pricing and any repairs or improvements that can be complete to sell your property.  For more information or a free walk thru, please call me at 803-840-7519.



Homes Sold in Sumter County, South Carolina by Month
Monthly Units Sold

Homes Sold in Sumter County, South Carolina Year to Date Since 2006
Year To Date Units Sold
 
Average Days on Market in Sumter Until Sold  
Sumter Days on Market

Sumter New Listing for Residential Property By Month
Monthly New Listing  
 
Sumter New Listing for Residential Property By Year To Date  
Year TO date Listings     
 
Sumter Active Listing for Residential Property  
Active Homes for Sale
 
Median Home Price for the Sumter Residential Home Sales
Sumter SC Median Home Price
 
Sumter County South Carolina Price Per Square Foot 
Average Per Square Foot Sumter 
 
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 2012


 
 


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