November 2013 Sumter County, SC Real Estate Market Report
Market Summary Thru November 30, 2013
Market Statistic |
October 2013 |
November 2013 |
Trend |
Median Price of Homes Sold |
$145,950 |
$130,500 |
- |
Average Price of Home Sold |
$152,820 |
$137,535 |
- |
Least Expensive Home Sold |
$ 13,600 |
$ 8,500 |
- |
Most Expensive Home Sold |
$361,000 |
$480,000 |
+ |
Price/ Sq. Ft. |
$65.82 |
$65.03 |
- |
Average Days of Market (DOM) |
144 |
146 |
+ |
Total Active Inventory |
1287 |
1285 |
- |
Median Home Size |
1858 |
1873 |
+ |
Median Number of Bedrooms |
3 |
3 |
|
Median Number of Bathrooms |
2 |
2 |
|
November 2013 in Sumter, SC followed the trend of being a slower month for home sales in Sumter, SC, but it had a month to month increase of 13.3% over November 2012. In November 2013 there was 68 homes sold in Sumter, SC down slightly from the 70 in October 2013. The 2013 year to date homes sales continued to out pace prior year back to 2009 with 871 homes sold. The year to date increase for 2013 from 2012 is 23%. The number of homes under contract at the end of November 2013 in Sumter SC was 149. This was an decrease over the number of homes pending at the end of October 2013.
The median home price decreased slightly in November 2013 to $130,500 as did the average sale price at $137,535. The price per square foot did fall to $65.03 from $65.82 in October 2013. I will not be surprised to see the trend in the decrease of the price per square foot continue as we see many investors picking up foreclosures during the colder month when competition isn’t as high.
The charts for Sumter SC Real Estate in November 2013 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
Homes Sold in Sumter County, South Carolina Year to Date Since 2006
Average Days on Market in Sumter Until Sold
Sumter New Listing for Residential Property By Month
Sumter New Listing for Residential Property By Year To Date
Sumter Active Listing for Residential Property
Median Home Price for the Sumter Residential Home Sales
Sumter County South Carolina 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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