May 2012 Sumter Real Estate Market Report

Posted By Kim PeasleyParker @ Jun 12th 2012 9:17am In: Sumter Real Estate Monthly Report

Market Summary Thru May 31, 2012

 

Market Summary Thru May 31, 2012

 

Market Statistic

April 2012

May 2012

Trend

Median Price of Homes Sold

$124,050

$136,034

+

Average Price of Home Sold

$132,469

 $135,943

+

Least Expensive Home Sold

$4,000

$5,000    

-

Most Expensive Home Sold    

$503,000

$364,000

+

Price/ Sq. Ft.

$72.45

 $72.41

+

Average Days of Market (DOM)

 179

155

-

Total Active Inventory

 1283

 1290

+

Median Home Size

1680

 1640

-

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 May increased from 52 in April to 71 in May.  The numbers of homes sold in Sumter County showed an increase in May that brought the number in line with prior years.  After having the April units closed fall short of prior years and not a big increase in the number of pending units, I did have some concern about what was happening in the 2012 sales year.  The pendings at the end of May have increased so I am expecting the June numbers to fall in line with prior years.  While this is good news, Sumter county has enough inventory that based upon sales, it will take well over a year to sell everything.    

 

Second the Median and Average home price in Sumter was up over the April and even with weak sales in April these numbers were strong.  Sumter saw the Average $ per Square Foot remain almost level from May to April.  

 

The charts for May are below and seeing the May numbers fall closer in line with 2010 and 2011 numbers is a positive note after the lower numbers in April.  The year to date sales will need to see an increase to obtain the 2010 and 2011 sales levels.  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

May 2012 Sumter Monthly Homes Sold

 

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

May 2012 Year To Date Homes Sold

 

Average Days on Market in Sumter Until Sold  

May 2012 Day on Market for Home Sales

 

Sumter New Listing for Residential Property By Month

May 2012 New Listings Per Month, Homes put on the market by month  

 

Sumter New Listing for Residential Property By Year To Date  

May 2012 Year To Date Listings Homes for Sale     

 

Sumter Active Listing for Residential Property 

May 2012 Sumter Homes for Sale

 

Median Home Price for the Sumter Residential Home Sales

May 2012 Median Home Price

 

Sumter County South Carolina Price Per Square Foot 

May 2012 Sumter 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 June 2012

 

 

 


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