Sumter, SC Real Estate News

By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Landmark Pointe Sumter, SC     Why Do People Live Here?   Landmark Pointe is a development of brick duplexes with a few single family homes included.  Located conveniently at Wise Drive (Patriot’s Parkway) and Loring Mill Road access to Shaw, Sumter and Columbia is very easy.  The duplexes have a one car garage and a common wall between units.  Many streets are genteelly curving to keep traffic flow slow.  The duplexes are both occupied by the owners and rentals.  On occasion both sides of a property may become available leading a buyer to be able to purchase both sides and live in one and rent the other side as an investment.  Landmark Pointe is also directly across Patriot’s Parkway from Patriot Park which is a very popular park with walking areas and recreation/comp...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Ashbrook Subdivision Sumter, SC     Why Do People Live Here?   Ashbrook is a community of newer homes built by many of the productions builders to the Sumter area.  The homes offer a variety of exterior looks and finishes and are priced to provide the space needed at affordable pricing.  The homes are well maintained and are convenient to Sumter High School.  Many upgrades including wood and tile flooring, granite counter tops and sodded and underground sprinklers are available in the homes.  The majority of homes are two story and have a formal rooms along with family rooms.    Looking for a Home in Ashbrook?   Interested in finding homes for sale in Ashbrook in Sumter, SC?  Click the link to view the homes in this area of Sumter.   What’s the Neighborhood Like?   The...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Southern Hills Sumter, SC   Why Do People Live Here?   Southern Hills is a small development in Sumter.  The development has one main road and a cul-de-sac.  Though small it has a sense of community and this is displayed every December with the holiday decorations.  The area has wonderfully landscaped yards and they are all well maintained.  The lots are larger in Southern Hills so while having neighbors the homes are not so close together.     Looking for a Home in Southern Hills?   Interested in finding homes for sale in Southern Hills in Sumter, SC?  Click the link to view the homes in this area of Sumter.   What’s the Neighborhood Like?   The homes in Southern Hills generally range in size between 2301 and 3224 square feet.  The original homes were built by a varie...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Meadowcroft Subdivision Sumter, SC     Why Do People Live Here?   Meadowcroft is an established neighborhood that is close to Sumter High School and Shaw.  The entrances to the development very nicely landscaped and the homes are well maintained.  Meadowcroft has been developed with winding streets and lots that are generally wider than deep.  Many homes have inground pools and fenced back yards.    Looking for a Home in Meadowcroft?   Interested in finding homes for sale in Meadowcroft in Sumter, SC?  Click the link to view the homes in this area of Sumter.   What’s the Neighborhood Like?   The homes in Meadowcroft generally range in size between 1631 and 3344 square feet.  The original homes were built by a variety of local builders. The homes start with 3 bedrooms a...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Stonecroft Sumter, SC   Why Do People Live Here?   Stonecroft is located in a more country setting with some larger lots than other developments.  Homes are a mix of single story and two story.  The development is very open and flat but do have ponds and entrances in the front near McCrays Mill Road.  The homes range in age over 10 years but offer a variety of styles.   Looking for a Home in Stonecroft?   Interested in finding homes for sale in Stonecroft in Sumter, SC?  Click the link to view the homes in this area of Sumter.     What’s the Neighborhood Like?   The homes in Stonecroft generally range in size between 1700 and 4300 square feet.  The original homes were built by a variety of local builders and Hurricane builders.  The newer homes have been built by Grea...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Patriot Landing Sumter, SC   Why Do People Live Here?   Patriot Landing is located close to Shaw and the city of Sumter.  The homes are located on smaller lots that are easy to maintain and have sprinkler systems and landscaping installed.  The homes feature a variety of materials and are two story homes with open floor plans and most include many upgrades such as granite countertops and hardwood flooring.    Looking for a Home in Patriot Landing?   Interested in finding homes for sale in Patriot Landing in Sumter, SC?  Click the link to view the homes in this area of Sumter.     What’s the Neighborhood Like?   The homes in Patriot Landing generally range in size between 1722 and 3719 square feet.  The original homes were built by a variety of local builders.  The new...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  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 stil...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru December 31, 2013   Market Statistic November 2013 December 2013 Trend Median Price of Homes Sold $130,500 $135,900 + Average Price of Home Sold $137,535 $146,057 + Least Expensive Home Sold $ 8,500 $ 12,500 + Most Expensive Home Sold $480,000 $810,000 + Price/ Sq. Ft. $65.03 $61.75 - Average Days of Market (DOM) 146 158 + Total Active Inventory 1285 1161 - Median Home Size 1873 1955 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          December 2013 wrapped up an intertesting year in the Sumter SC real estate market.  For the year, 2013 ended up only 8 properties less sold than in 2009.  Most of the 2013 sales outpaced the 2009 levels and while the sales in Sumter stayed fairly smooth, the last three months of 2009 experienced a larger amount ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Casey Villas Subdivision Sumter, SC   Why Do People Live Here?   Casey Villas is located off Old Camden Highway between Sumter and Dalzell.  The development is on flat land.  Some homes have trees on the lots, but all are landscaped.  Casey Villas in Sumter is located off Ebenezer Road and is bounded by an open field in the back of the development.   Casey Villas is a small development  with only two main roads and two cul-de-sacs.        Looking for a Home in Casey Villas in Sumter SC?   Interested in finding homes for sale in Casey Villas in Sumter, SC?  Click this link to view the homes in this area of Sumter.   What’s the Neighborhood Like?   The homes in Casey Villas range in size between 1493 square feet to 1779 square feet.  The homes were built Gainey Construc...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Real Estate Market update for November 15, 2013   Sumter SC Home Sale Closings were up slight from November 8 to 12 sales for the week ending Novembers 15, 2013.  The number of homes put under contract (pending) for sale was 10 properties bringing the total to 28 for the month of November.  The number of homes that have been placed under contract is below the number of Sumter SC homes under contract during approximately the same time in the month.  November is shaping up to be a month with more properties closing than October, but less homes being put under contract.  The result of this will be a decrease in the number of homes that sell in December.  This is typical of the Sumter, SC real estate market and the overall cycle of the market.          Week Ending Novembe...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Homes for Sale in Gingko Hills Subdivision Sumter, SC   Why Do People Live Here?   Gingko Hills is located off Old Camden Highway between Sumter and Dalzell.  The development is on flat land with some large old oak trees in many yards.  The homes are well maintained and the subdivision is surrounded by a wooded buffer from area roads.  Gingko Hills has many curved roads breaking up the flow of traffic.  .    Looking for a Home in Gingko Hills in Sumter SC?   Interested in finding homes for sale in Gingko Hills in Sumter, SC?  Click this link to view the homes in this area of Sumter.   What’s the Neighborhood Like?   The homes in Gingko Hills range in size between 1505 and 2316 square feet.  The homes were built by a variety of local builders including B&M Builders, Aycock Construction...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Buying a Foreclosed Home in Sumter, SC Part 7 What Kind Of Windows are These?   When looking for a foreclosed home in Sumter, SC a buyer needs to be aware of the type of windows that are in the home.  Most newer homes have vinyl double pane windows.  These windows are currently the choice of most builders.  While not being the top of the line, the vinyl windows are the standard and used as replacement windows in most homes.  Vinyl windows typically have the dividers between the glass and the bottom window will tilt out for easy cleaning.        When you get into older homes you run into either wooden windows or aluminum windows.   Both of these types of windows are single pane glass and storm windows are used for extra insulation and also for screens.  Wooden windows may have dividers ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Buying a Foreclosed Home in Sumter, SC Part 6 Breaking Even, Making Money or Having Instant Equity   In the last post about buying foreclosed property in Sumter, SC, I wrote about the most common reasons buyers purchase a foreclosed home.  The “flipper” is normally the investor who wants to buy the property at the lowest price possible and then make improvements and sell for the highest price possible.  The “owner occupant” and the “investor” are two buyers that are still looking for a good deal, but they are not as concerned with making the necessary repairs and improvements and reselling the house as quickly as possible.  They realize their strategy is to purchase the property and then have some instant equity in the property or build equity over time.    Using the reason for buying ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Homes for Sale in Linwood Plantation Dalzell / Sumter, SC   Why Do People Live Here?   Linwood Plantation is located near the Frierson (Back Gate) of Shaw.  Linwood Plantation was developed on lots that vary from rolling hills to steeper lots.  The development maintained a buffer of trees between the homes and the surrounding roadways.  The first section of was developed on a loop road with the interior lots being steeper than the exterior lots.  The second phase is more open with some larger lots.  Many of the lots overlook the Historical Hills area and have great views.    Looking for a Home in Linwood Plantation?   Interested in finding homes for sale in Linwood Plantation in Dalzell / Sumter, SC?  Click this link to view the homes in this area of Sumter.   What’s the Neighborhood ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Weekly Real Estate Market update for November 8, 2013   The Sumter SC real estate market is starting to see the effects of everyone looking to the holidays.  The good news is in Sumter that typically means a slight increase in the real estate market for both rentals and homes sales as we have a PCS group during this time of year.  It isn’t like the big summer PCS season but it is still there.  We are starting the first week of November with a total of 11 closings.  This is compared to the first week of October with 15.  The number of properties in Sumter, SC that are under contract or pending continues to decrease with the first week of November having 21 and the first week of October having 34.  The great news for the home buyer in Sumter, SC is the inventory of prop...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Homes for Sale in Beach Forest Village Sumter, SC   Why Do People Live Here?   Beach Forest Village is a planned community with a community pool, landscaped roads and pond.  Beach Forest Village is located close to the town of Sumter and is a very easy drive to Shaw.  Beach Forest Village has a Club House with a full kitchen that is available to residents for parties and other gatherings.  The main roads into the subdivision are divided with landscaping areas to break up the flow of traffic.  A fountain is also located near the main entrance and the Shops of Beach Forest area.        Looking for a Home in Beach Forest Village?   Interested in finding homes for sale in Beach Forest Village in Sumter, SC?  Click this link to view the homes in this area of Sumter.   What’s the Neighborhoo...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Buying a Foreclosed Home in Sumter, SC Part 5 The Reason for Buying a Foreclosure   Things are quiet with the purchase of the Sumter, SC foreclosure as we are waiting for the checks to clear the bank and the paperwork to get processed.  We are on track for closing November 13th (a Wednesday, for all those who are superstitious) and getting geared up for the work that needs to be done.   So for the next few posts in this series, I am going to cover some other information about buying foreclosures.  This post is about the reason behind buying foreclosures or the type of buyers.   There are many reasons to buy a foreclosure and these reasons determine what the purchaser is willing to spend.  I will cover the most typical reasons for buying, but I am sure there are many, many more out ther...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Real Estate Market update for November 1, 2013   The Sumter SC Real Estate Market had a strong finish for the month of October with 26 properties closed during the week of October 26th to November 1, 2013.   An increase in the closing of the transactions in Sumter is typical as this reduces the interim interest buyers have to pay at closing thus reducing their closing costs.  October 2013 ended with home sold numbers back in 2012 range, but it is still a great year!  It is typical to see a slow down in the sales after school starts.  The rental market activity was up at the end of the month indicating that people are still moving and the market hasn’t stopped.        Week Ending November 1, 2013 November 2013 (1 Day Only) Month To Date Solds 26 1 Days On Market 138 19...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Real Estate Market update for October 25, 2013   The Sumter SC Real Estate Market once again saw a large change in the weekly Sumter County Median Home Price ($142,500) and the Sumter County Average Home Price ($112,778).  These prices were closer to what would be considered normal for the Sumter SC real estate market.  The prior week with $175,000 for the Median Sumter County Home Price and $192,568 were higher than what is normal in the Sumter SC real estate market.  Sold properties continue to increase and the month is still lower than what Sumter experienced in September.  New listings continue to be added to the MLS at a rate that exceeds the solds.  This is a great time for buyers to look at purchasing homes in Sumter SC.  The interest rates are still low, inven...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
I forgot how that excitement of “let’s do this thing” went into the pit of your stomach.  How you are shaking as you work on it.  You know it is a good choice, the right choice, but you second guess yourself.  Is this really it?  Is there something that you are not seeing?  Are you ready to take this leap?  Oh, what is the right choice?  What is the right price?  Is this a good deal?  Is this a good investment?  Should I offer more or less?  Should I lay all my chips on the table at one time or hold some back?    Wow, I have worked with many buyers over the past eight years to purchase real estate.  I help them find houses and help to make it their home.  I can help them “run the numbers”.  I can help them pull comparables and determine if the price is fair.  I have even worked with inv...
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