July 2014 Sumter SC Market Update

Posted By Kim PeasleyParker @ Aug 22nd 2014 1:45pm In: Sumter Real Estate Monthly Report

Market Summary Thru July 31, 2014

 

Market Summary Thru July 31, 2014

 

Market Statistic

June 2014

July 2014

Trend

Median Price of Homes Sold

$150,520

$144,500

+

Average Price of Home Sold

$142,823

$154,220

+

Least Expensive Home Sold

$12,000

$6,500

-

Most Expensive Home Sold

$375,000

$440,000

+

Price/ Sq. Ft.

$69.68

$67.21

-

Average Days of Market (DOM)

173

160

-

Total Active Inventory

1309

1296

-

Median Home Size

1841

1991

+

Median Number of Bedrooms

3

3

 

Median Number of Bathrooms

2

2

 

 

The Sumter SC real estate market in July 2014 showed improvement in the sales numbers over June 2014 with 94 closings over 83 in June 2014.  July 2014 has been the best month so far in 2014 for the number of closings.  July 2014 ended with 203 pendings which is an increase in 4 pendings over June 2014.  The Sumter SC real estate market in 2014 is still behind the number for 2013 by 22 units sold.

 

The median home price in Sumter, SC for July 2014 was $144,500 which was down from the median home price in June 2014 of $150,520.  The price per square foot decreased in Sumter, SC real estate from $69.68 in June 2014 to $67.21 in July 2014.  The number of active listings in July 2014 decreased to 1296 down from 1309 in June 2014.  July 2014 showed a increase in the number of new listings.

 

The charts for Sumter SC Real Estate in July 2014 are below.  It remains a great time to purchase a home in Sumter, there is a very high inventory and the interest rates are still relatively low.  There is a substantial cost savings in purchasing a home versus renting the same home.  These savings are only increased when tax benefits of owning are home are calculated into the equation.  

 

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

Sumter SC July 2014 Monthly Solds

 

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

July 2014 Sumter SC Real Estate Homes Sold

 

Average Days on Market in Sumter Until Sold  

July 2014 Sumter Homes for Sale Days on Market

 

Sumter New Listing for Residential Property By Month

July 2014 Sumter Listings per month  

 

Sumter New Listing for Residential Property By Year To Date  

July 2014 Sumter Homes Listed Year To Date     

 

Sumter Active Listing for Residential Property 

July 2014 Sumter Homes Actively for Sale

 

 

Sumter Median Home Price

July 2014 Sumter Median Home Price

 

Sumter County South Carolina Price Per Square Foot 

Sumter Home 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 August 2014 

 


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