November 2011 Sumter Market Update

Posted By Kim PeasleyParker @ Jan 26th 2012 9:06am In: Sumter Real Estate Monthly Report

Market Summary Thru November 30, 2011

Market Statistic

October 2011

November 2011 


Median Price of Homes Sold




Average Price of Home Sold




Least Expensive Home Sold




Most Expensive Home Sold    




Price/ Sq. Ft.




Average Days of Market (DOM)




Total Active Inventory




Median Home Size




Median Number of Bedrooms




Median Number of Bathrooms





Writing this up a little different this month as there were some shifts in the market I want to discuss without breaking them up by the charts.

The Sumter, South Carolina real estate market experienced a shift in October and that trend appears to be continue.  The number of homes sold in the month of November increase slightly to 61, following the decrease in sales in October. While this is a decrease over the past months, it is still above the November 2010 units sold at 44.  The increase in the number of homes sold in November 2011 over November 2010, the year to date number of homes sold in Sumter, South Carolina is no almost equal 2011 to 2010.  Given the history, decreased sales in the last quarter or the year are normal and nothing that sends up major red flags to me at this time.   I think it is a true indicator of the overall market and the fact that it is seasonal in Sumter.  

Second the Median and Average home price in Sumter was down in comparison to prior months, but higher than October 2011 mumbers.  This is a true indicator that many first time home buyers are taking advantage of the lower interest rates and getting into the housing market.  The median home price rebounded a little bit in November with the buyers in the $120,000 to $160,000 coming out in force to purchase homes.

The Average $ per Square Foot increased in November after taking a fall in October.  Both of October and November were still below the year, but the Sumter, South Carolina real estate market does typically experience a lower $ per square foot sales price in the last quarter and some years this is carried over into the beginning of the next year.   

The charts for the month are below.  So while there may be some concern over the numbers.  Looking at them, I feel the truly fall in line with what we have seen in the past years.  The real estate market hasn't take a turn for the worse, it is just a different group of buyers out there purchasing their homes and starting their piece of the American Dream.

Homes Sold in Sumter County, South Carolina by Month
Sumter Homes Sold By Month

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

Sumter New Listing for Residential Property By Month

Sumter Homes Listed By Month  

Sumter New Listing for Residential Property By Year To Date  
Sumter Year To Date Listings     
Sumter Active Listing for Residential Property  

Sumter How Many Homes Are On The Market

Median Home Price for the Sumter Residential Home Sales
Median Home Price Sumter
Sumter County South Carolina Price Per Square Foot 

Price per Square foot in 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 and I will help you in any way possible. 
Kim Peasley-Parker
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 December 2011

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