January 2014 Sumter SC Real Estate Market Report

Posted By Kim PeasleyParker @ Feb 18th 2014 11:00am In: Sumter Real Estate Monthly Report

 

Market Summary Thru January 31, 2014

 

Market Statistic

December 2013

January 2014

Trend

Median Price of Homes Sold

$135,900

$130,000

-

Average Price of Home Sold

$146,057

$133,459

-

Least Expensive Home Sold

$ 12,500

$ 5,600

-

Most Expensive Home Sold

$810,000

$484,000

+

Price/ Sq. Ft.

$62.44

$64.91

-

Average Days of Market (DOM)

158

170

+

Total Active Inventory

1161

1234

-

Median Home Size

1955

1863

+

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

 

    

 

January 2014 in Sumter, SC was a slower month for real estate sales.  This is very typical of January coming off the holidays and the weather not being the greatest for home shopping.  In January 2014 there were 53 homes sold in Sumter, SC.  This is the decrease of 13 properties from 2013, but January 2014 is still better than the years 2009 through 2012.  While the number of homes sold in January 2014 in Sumter, SC the pendings increased and this is a good sign of more sales to come in the following months. 

 

The median home price in Sumter, SC decreased slightly in January 2014 to $130,000 as did the average sale price at $133,459.  The price per square foot increased in Sumter, SC real estate from $62.44 in December 2013 to $64.91 in January 2014.  While Sumter, SC is off to a slower start than 2013, I expect to see the sales in the Sumter market increase and remain at 2013 levels.  The weather may have played a part in slowing some sales, but we are quickly rebounding in temperatures and I think home sales in Sumter, SC will also increase as the temperatures increase.     

 

The charts for Sumter SC Real Estate in January 2014 are below.  The Sumter SC inventory of homes for sale continues to be high and the prices are reflecting this trend.  The interest rates are still low and purchasing a home in Sumter, SC is still a great investment.

 

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

January 2014 Homes Sold in Sumter SC

 

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

Jan 2014 YTD Solds in Sumter SC

 

Average Days on Market in Sumter Until Sold  

Sumter SC Homes for Sale Average Days on Market

 

Sumter New Listing for Residential Property By Month

Jan 2014 New Sumter SC Real Estate Listings   

 

Sumter New Listing for Residential Property By Year To Date  

Jan 2014 Year To Date Listings     

 

Sumter Active Listing for Residential Property 

Sumter SC Active Real Estate Listings for Sale

 

Median Home Price for the Sumter Residential Home Sales

Jan 2014 Median Home Price Sumter SC

 

Sumter County South Carolina Price Per Square Foot 

Sumter SC Homes 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 January 2014 

 


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