Sumter, SC Real Estate News

By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  This was a headline in The Item, on September 17, 2013.  The article went on to state that the average home price in August 2013 was 13% higher than the in August 2012 and that median home price in Sumter County was up to $145,000 over $129,000 a year ago.   Great news right?  Maybe not so much….   Every month (with a few exceptions) I post about the Sumter, SC real estate market.  As I stated in some posts, we have seen the median home price and the average home price in Sumter, SC increase.  So this part I agree with completely.   Sumter, SC real estate has seen a shift in the market.  A few years ago, we couldn’t keep homes around the $150,000 price range available.  But that range has shifted to more around the $180,000 to $300,000 mark.  Thus Sumter has experienced an increase i...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
September continues to be a good month for closing real estate transaction in Sumter, SC.  Sumter, SC home sales are still better than in prior years, but indicators are showing the Sumter, SC home sales are slowing.  The week ending September 20 in the Sumter, SC market shows fewer homes put under contract than sold or closed and the September 2013 Month to Date Market data shows the same thing.  This is an indicator that our pending homes will be lower at the end of the month and an indicator that home sales in Sumter, SC are slowing as the fall season approaches.  The good news is that the median and average home sale price in Sumter is still higher than what we have had in past years.         Week Ending September 20, 2013 September 2013 Month To Date Solds 23 49 Days On Market 178...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Tuesday morning and early afternoons in Sumter means sales meetings for many office and Sumter Board of Realtors Agent Open Houses.  Monday had a large Open House event of the Historical area in downtown Sumter.  Many agents were able to attend and visit the 24 homes in the Historical Area.  Tuesday Open Houses took the agents on tours of the newest homes built to a log cabin on a White’s Pond.  And with the high of 82 degrees and the sun shining, it was a great day to tour! 3230 Debidue Lane, Sumter, SC 29150 – Wonderful 3 bedroom 2 bath home in Carolina Palms.  The home has an open floor plan and has split bedrooms.  Home is move in ready and has a screened porch to enjoy these fall evenings.  Hosted by Hilda Jordan for Renee Baird with Century 21 Hawkins and Kolb. 2550 N. Main St, Su...
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Sumter South Carolina Fair September 24 - September 29 2013    The fair is great time you can spend time with the family and friends. Today is opening day for the Sumter , South Carolina Fair.Their is so much you can do at the fair from all the wonderful foods,rides ,and so much more  Click here to find out about all the local events happen at the Sumter SC Fair  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
With the change in the weather to cooler temps the Sumter, SC real estate market also sees a cool down in sales, but the good news is we are still far ahead of sales for the past four years.  We expect to see another increase in the sales in our market around the holidays as another PCS season starts.          
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Sumter SC Your Realtor you choose should Matter in Real Estate Yes, it matters who your realtor is in Sumter SC. Are they keeping in touch with you? Are they giving you feedback? Have they shown you where/how they're advertising your property in Sumter SC, what networking sites/clubs/etc., they belong to and are pitching your property at? Brochures? How did your pictures turn out? How are you priced compared to other homes in Sumter SC? Are you getting equal or better traffic than other homes in Sumter SC?    There are a bunch of realtors in Sumter SC, just like any other profession, that are lazy and incompetent. They get the listing and do nothing. If you have one of these, time to have a serious conversation with them and their broker-in- Charge in Sumter SC. Take a look at the video...
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Oswego Home Prices and Home Values in Sumter SC . What is My oswego Home Worth in Sumter SC ? Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, fill out the information below:    
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru August 31, 2013   Market Statistic July 2013 August 2013 Trend Median Price of Homes Sold $155,800 $145,200 - Average Price of Home Sold  $152,679  $134,474 - Least Expensive Home Sold $8,000 $1,200 - Most Expensive Home Sold $351,000 $320,000 - Price/ Sq. Ft.  $72.79  $66.72 - Average Days of Market (DOM) 163 197 + Total Active Inventory 1321 1308 - Median Home Size  1859  1852 - Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          August 2013 was another great month for home sales in the Sumter, SC real estate market.  While we did see a decrease from 92 homes sold in Sumter, SC in July 2013  to 91 homes sold in August 2013 this is still an increase of 23% over August 2012!  The home sales in Sumter have outpaced every year back to 2008.  The ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
September 2013 has started out a little slower than August 2013 in Sumter, SC real estate sales.  The August Monthly report will be available soon.  The number of homes pending for sales in Sumter, SC is still strong at the end of August 2013.  As the PCS season slows in September, we shall see what happens with the Sumter, SC market.    Week Ending September 6, 2013 September 2013 Month To Date Solds 13 13 Days On Market 203 203 New Listings 16 13 Median $152,000 $152,000 Average $170,777 $170,777 Under Contract 15 14  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Located at Theatre Drive and Wise Drive in Sumter, SC, Palmetto Park is popular among baseball enthusiasts, play groups and tennis players from around the state and walkers.  The park also has a playground that is sure to please the kids.  There are varied activities throughout the play ground and picnic tables near by in the shade for the adults to sit and watch.  Palmetto Park has four lighted baseball diamonds that fan out from a center concession area.  This area of the park is named after Bobby Richardson a Sumterite who played for the New York Yankees from 1955 to 1966.  Near the baseball diamonds is a pond with a walking trail around it.  This area has just completed construction and is a great area to walk and leave the day behind or to start the morning with a brisk walk.   Fo...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Palmetto Tennis Center is located adjacent to Palmetto Park at 400 Theatre Road in the City of Sumter.  Palmetto Tennis Center in Sumter is one of the best municipal tennis centers in South Carolina.  The Center is located conveniently near the center of the City of Sumter.  Palmetto Tennis Center has a pro shop that is open 7 days a week with a tennis pro for instruction.  The center is host to 15 tournaments a year generating close to $3 million in revenue for the local economy and is still free to residents of Sumter.  Sumter is fortunate to have a City owned tennis center that is able to offer Clinics and training to tennis players of all ages.  The Center has also teamed up with Tuomey Sports Medicine and throughout 2013 is offering Health and Fitness Programs. For more informat...
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 foreclosure in Sumter SC Helping homeowners to avoid foreclosure in Sumter South Carolina    Helping homeowners to avoid foreclosure in Sumter SC .Give Yourself and Your Family the Gift of a Fresh Start to 2013! If you've spent too much of 2012 living under the dark cloud of an unaffordable house payment, you're in good company. Current estimates are that more than 25 percent of all homeowners in this country would net less on the sale of their home than the amount they owe on their mortgage, and 6.3 million homeowners are in some stage of foreclosure. The good news is that you have options. Helping homeowners to avoid foreclosure in Sumter SC has actually emerged into the spotlight of as a national priority, with major banks, the Federal government and many state and local agencies of...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Patriot Park is located on Patriot Parkway (441) near the intersection with Loring Mill Road.  The park is a sportsplex with areas for football, soccer, baseball and softball.  The park is a hidden gem for Sumter and was designed to not only serve the community, but to also draw state and regional competitions to the area.   The area is also being developed for green space and walking trails.      Every area of the park is serviced with new amenities like covered picnic tables and new rest rooms.  The park feels like it is completely away from the world as it is surrounded with trees and not visible to road traffic.  For more information about Palmetto Park, visit the Sumter County Website.  
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Sumter SC Homes For Sale and sold Report For August 2013   Sumter SCHomes for Sale have seen steady price improvement month to month as well as year to yearas inventory levels remain at all-time High. The Numbers Month to Month and Year to Year The median sales price forSumter SCHomes for Sale was $143,182 inAugust 2013 compared to $147,750 duringJuly 2013 and $139600 July 2012. The number ofSumter SCHomes for Sale that sold was85 inAugust 2013 vs.117 inJuly 2013 and100 that sold July 2012. There are100 Sumter SC Homes for Sale that are in contract which represents 10.7% of the overall available inventory of831 homes on Market in Sumter Real Estate market. A few highlights of the currentSumter SCHomes for Sale are shown below and represent That we still have about 9.4 months of invento...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Market update for August 30, 2013.    The last full week of the August was quite busy at the closing attorneys’ offices.  Sumter, SC is continuing to see houses being listed and many new listings were put into the Multiple Listing Service during the week ending August 30, 2013.  The median home price spiked up to $175,000 for the week, but the month to date shows the more real picture of $142,500.  Month to date had 92 homes placed under contract for sale, leading indicators to believe that September will be a strong month for the Sumter, SC market for sales.  Below is the data:     Week Ending August 30, 2013 August 2013 Month To Date Solds 17 85 Days On Market 168 200 New Listings 41 159 Median $175,000 $142,500 Average $157,226 $132,333 Under Contract 28 92  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Market update for August 23, 2013.    August seemed to hit a mid month slump, but started to come back slightly.  Sumter Consolidated School District as well as most private schools started classes on August 19, 2013 so many buyers are getting back into the back to school schedule of activities.  Once schedules are set, we may see an increase in activity again.  Below is the data:      Week Ending August 23, 2013 August 2013 Month To Date Solds 21 68 Days On Market 191 208 New Listings 37 118 Median $141,000 $140,500 Average $122,576 $126,109 Under Contract 28 81  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
While there are several golf courses in and around Sumter, there are three golf communities/developments in the area with homes on or near the fairways.  All offer different levels of play and amenities.  Most of public golf course with memberships available.         The Links at Lakewood – located at 3600 Green View Parkway, Sumter, SC,  Lakewood Links is located south of Sumter off Highway 15 South.  The golf course is laid out with homes surrounding it.  The course is open to the public with memberships available and are tailored to the players needs and wants.  This golf community is approximately 20 to 25 minutes from Shaw making it a popular area among the military community.  For homes available in the area, visit The Links at Lakewood.     Beech Creek Golf Club – is located at ...
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  Search for for All Short sales in Sumter South Carolina   A Sumter South Carolina Short Sale is when a seller owes more than their home will sell for in today’s real estate market and they ask their lienholder(s) to accept less than what they owe. Just like some Local Sumter South Carolina Buyers make their contract contingent on loan approval a Sumter South Carolina short sale seller will have their own contingency of short sale approval. As mentioned above the lienholder(s) have to agree to accept less. Some lienholder(s) will agree to accept less with or without conditions or additional terms and then there are lienholder(s) who will not approve the short sale at all. Unfortunately the word “Short” in Sumter South Carolina Short Sale does not refer to the length of time it takes f...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Tuesday August 27, 2013 was another very interesting Agent Open House Day for the Sumter Board of Realtors.  There was a total of 17 open houses and the group of Agent-Owners from AgentOwned Realty, Sumter was able to make it to 15.  We were hustling in the 2 hours, but one had extended hours and we were able to make it to that house after the others had ended.    Below is a list of the open houses and some unique features about their location or the home.   1225 Summit Dr, Sumter, SC  - Located in one of the most prestigious developments in Sumter, this gated community features homes with large lots.  This home has what appears to be a front door, but it leads to the courtyard pool area.  The home has a bar area by the pool and a guest area adjacent to the pool.  There are too many fe...
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