Sumter, SC Real Estate News

By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Tuesday is Agent Open House Day for the Sumter Board of Realtors.  August 20, 2013 proved to be an interesting Open House Day.   The Open Houses are normally in many of the larger more popular subdivisions, but with only one exception this week the homes were in subdivisions not visited as often with the Open House Tours.  Below is a list of some of the properties:   3840 Oleander Drive, Sumter, SC – In Wintergreen, which is one of the popular subdivisions due to its close location to the base.  This 3 bedroom 2 1/2 bath home backs up to wooded berm area.  The home features a laundry room and a half bath.  Two and a half bath homes are uncommon in this price range and with a price of $144,900 for 1725 square feet, this home is a GREAT DEAL! Hosted by Connie Morse, AgentOwned Realty.   ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Market Summary Thru July 31, 2013   Market Statistic June 2013 July 2013 Trend Median Price of Homes Sold $149,000 $155,800 + Average Price of Home Sold  $164,162  $152,679 - Least Expensive Home Sold $16,000 $8,000 - Most Expensive Home Sold $592,000 $351,000 - Price/ Sq. Ft.  $76.96  $72.79 - Average Days of Market (DOM) 170 163 - Total Active Inventory 1288 1321 + Median Home Size  1932  1859 - Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          July 2013 proved to be a strong month for homes sold in the Sumter, SC real estate market.  In July 2013 there were 92 homes sold which was the exact same number as June 2013.  The number of homes under contract the end of July was 189 which is a decrease from 199 at the end of June 2013.  While the number of homes under c...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Market update for August 9, 2013.    The beginning of August continued to be a very busy month for Sumter, SC real estate.  Sorry, no video this week as I am catching up with the weeks I have missed.  And this Friday I was off spending some time with my daughter before she started Kindergarten.  (But I took plenty of pictures and will post later about some great day trips from Sumter!) Below is the data:     Week Ending August 9, 2013 August 2013 Month To Date Solds 24 32 Days On Market 155 200 New Listings 38 49 Median $158,750 $149,250 Average $144,351 $137,277 Under Contract 10 13  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Sumter County, SC Market update for August 2, 2013.    The end of the month always brings a flurry of activity.  The end of the week is a very popular week for closings as buyers have to pay very little interim interest.  Sorry, no video this week as I am catching up with the weeks I have missed.  Below is the data:      Week Ending August 2, 2013 August 2013 Month To Date Solds 26 8 Days On Market 232 336 New Listings 35 11 Median $145,750 $124,875 Average $136,278 $116,056 Under Contract 11 4  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Sumter County, SC Market update for week ending August 2, 2013.  Another active week in the Sumter market.  Please watch the video below and the written stats follow.      Week Ending August 2, 2013 July 2013 Year To Date Solds 21 90 Days On Market 233 139 New Listings 33 167 Median $149,00 $155,350 Average $143,825 $153,880 Under Contract 27 91  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Sumter County, SC Market update for July 26, 2013.  Another active week in the Sumter market.  Please watch the video below and the written stats follow.         Week Ending July 26, 2013 July 2013 Year To Date Solds 15 66 Days On Market 148 128 New Listings 47 140 Median $165,615 $160,000 Average $185,325 $162, 548 Under Contract 13 31  
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
The week of July 19, 2013 was another active week in the Sumter, SC Real Estate market.  For a wrap up, watch the video below.        Friday Wrap Up for the week ending July 19, 2013: Solds - 15 New Listings - 35 Median Home Price Sold - $147,500 Average Home Price Sold - $149, 566 Average Days on Market for Solds - 159 25 properties put under contract or pending
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
$1,500 per month, 4 bedrooms, 2 full baths, 1 half baths, 2,377 square feet     Kim Peasley-Parker | AgentOwned Realty Co. | (803) 840-7519 3295 Mitchum Ln, Sumter, SC Beautiful Home Convenient to Shaw and Sumter 4BR/2+1BA Single Family House   $1,500/month Bedrooms 4 Bathrooms 2 full, 1 partial Sq Footage 2,377 Parking None Pet Policy No pets Deposit $1,500 DESCRIPTION Two Story home with a foyer with staircase. Off foyer is home office and formal dining room. At the back of the first floor is a family room that is open to the kitchen with an eat in area. The back stair case has a laundry area and goes directly the 4th bedroom or bonus room. The second and third bedroom are off the hallway. The master bedroom has a tray ceiling, and a private bath with separate tub and shower with a w...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru June 30, 2013   Market Statistic May 2013 June 2013 Trend Median Price of Homes Sold $136,800 $149,000 + Average Price of Home Sold  $150,025  $164,162 + Least Expensive Home Sold $19,900 $16,000 - Most Expensive Home Sold $452,500 $592,000 + Price/ Sq. Ft.  $72.21  $76.96 + Average Days of Market (DOM) 172 170 - Total Active Inventory 1303 1288 - Median Home Size  1798  1932 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          June 2013 proved that a slight decrease in the number of homes under contract doesn’t mean less homes are sold.   The number of pending homes at the end of May 2013 was down to 198 from April’s 214.  I thought this would possibly translate into less closings or solds in June 2013, but this wasn’t the case.  June 2013 saw...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
    Market Summary Thru May 31, 2013   Market Statistic April 2013 May 2013 Trend Median Price of Homes Sold $134,500 $136,800 + Average Price of Home Sold  $131,117  $150,025 + Least Expensive Home Sold $11,000 $19,900 + Most Expensive Home Sold $320,000 $452,500 + Price/ Sq. Ft.  $66.05  $72.21 + Average Days of Market (DOM) 162 172 + Total Active Inventory 1262 1303 + Median Home Size  1775  1798 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          May 2013 was another exciting month in Sumter, South Carolina real estate.    May had an increase of 7 more closed units for the month over April 2013.  The number of homes pending or under contract in Sumter SC decreased from April to May by 16 properties.  While not a tremendous it was a decrease overall.     Sumter ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
    Market Summary Thru April 30, 2013   Market Statistic March 2013 April 2013 Trend Median Price of Homes Sold $118,000 $134,500 - Average Price of Home Sold  $127,605  $131,117 - Least Expensive Home Sold $13,000 $11,000 - Most Expensive Home Sold $470,000 $320,000 + Price/ Sq. Ft.  $65.49  $66.05 - Average Days of Market (DOM) 162 162 + Total Active Inventory 1229 1229 + Median Home Size  1722  1775 - Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          April  2013 was another exciting month in Sumter, South Carolina real estate.    April had only three (3) fewer properties close than March 2013.  However the number of homes pending increased indicating more closing for the month of May and later during the summer.     Sumter SC ended April with 214 properties und...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Spring in South Carolina is blooming all around us.  I love this time of year.  Probably a lot of this love comes from being raised in Michigan and waiting impatiently for the messy nasty snow of late winter to melt bringing us the summer.  I remember one trip to Georgia at Easter when I was young.  The thing that struck me about the trip was the beautiful flowers that were in bloom in everyone’s yards.  Gorgeous waves of flowers covering bushes and in every direction.  My mom said they were azaleas and even she talked about them for years.       Azaleas have been a staple in the southern climates since the early 1800’s.  One of the oldest collections of azaleas is found at Magnolia Plantation near Charleston, SC.  Azaleas, while having a short lived blooming season, are absolutely on...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Cypress Park is located in on North Wise Drive.  The area is partially developed with a Caterpillar plant also a former UPS facility.  When you drive off Wise Drive you would never realize it though.  The area is wooded and has a beautiful pond with a walking trail around it.     It takes about 15 to 20 minutes to walk around the entire pond and that is taking time to stop and take pictures and admire the reflection of the trees in the water.   The walking trail around the pond is part of the Cypress Trail which is a completed loop of 5 miles with parking and rest rooms available in Cypress Park and Dillon Park.  The trail is available for hiking or mountain bike riding.       Cypress Trail Map and Information
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru February 28, 2013   Market Statistic January 2013 February 2013 Trend Median Price of Homes Sold $127,750 $132,000 + Average Price of Home Sold  $134,395  $143,855 + Least Expensive Home Sold $10,750 $18,000 + Most Expensive Home Sold $402,000 $439,000 + Price/ Sq. Ft.  $64.94  $66.61 + Average Days of Market (DOM) 166 155 - Total Active Inventory 1194 1207 + Median Home Size  1760  1889 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          The number of homes sold in the Sumter South Carolina Real Estate Market in the month of February decreased to 59 properties from 66 in January.  With Janauary giving us a great start to the year, our year to date numbers are higher than any year since 2008 by nearly 25%.  The active pendings are the highest...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
      Market Summary Thru January 31, 2013   Market Statistic December 2012 January 2013 Trend Median Price of Homes Sold $133,250 $127,750 - Average Price of Home Sold  $136,486  $134,395 - Least Expensive Home Sold $8,000 $10,750 + Most Expensive Home Sold $312,500 $402,000 + Price/ Sq. Ft.  $63.07  $64.94 + Average Days of Market (DOM) 188 166 - Total Active Inventory 1149 1194 + Median Home Size  1716  1760 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          The number of homes sold in the Sumter South Carolina Real Estate Market in the month of January increased to 66 properties.  This is the best yearly start since 2008.  January 2012 to January 2013 increase in sales is a whopping 34%!!!  The number of active pendings has increased in January.  This is a goo...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru December 31, 2012   Market Statistic November 2012 December 2012 Trend Median Price of Homes Sold $130,750 $133,250 + Average Price of Home Sold  $134,986  $136,486 + Least Expensive Home Sold $19,360 $8,000 - Most Expensive Home Sold $347,400 $312,500 - Price/ Sq. Ft.  $69.98  $63.07 - Average Days of Market (DOM) 153 188 + Total Active Inventory  1279 1149 - Median Home Size  1758  1716 - Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          The number of homes sold in the Sumter South Carolina Real Estate Market in the month of December decreased from 60 in November to 58 in December.  The number of active pendings has decreased at the end of December, which is an indicator that the number of homes sold in January will likely be at comparable ...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
 Market Summary Thru October 31, 2012   Market Statistic September 2012 October 2012 Trend Median Price of Homes Sold $136,950 $139,000 + Average Price of Home Sold  $139,415  $130,367 - Least Expensive Home Sold $2,090 $5,500 + Most Expensive Home Sold     $525,000 $385,000 - Price/ Sq. Ft.  $68.07  $59.76 - Average Days of Market (DOM) 155 156 + Total Active Inventory  1290  1240 - Median Home Size  1640  1806 + Median Number of Bedrooms 3 3   Median Number of Bathrooms 2 2          The number of homes sold in the Sumter South Carolina Real Estate Market in the month of October increased from 64 in Septmber to 68 in October.  The number of active pendings has decreased at the end of October, which is an indicator that the number of homes sold in November will decrease.          The Me...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Market Summary Thru September 30, 2012   Market Statistic August 2012 September 2012 Trend Median Price of Homes Sold $130,750 $136,950 + Average Price of Home Sold $132,874  $139,415 + Least Expensive Home Sold $5,000 $2,090     - Most Expensive Home Sold     $337,750 $525,000 + Price/ Sq. Ft. $67.64  $68.07 + 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 Real Estate Market in the month of September decreased for the fourth straight month.  August 2012 had 74 closing in Sumter county and September had 64 closing for the month.        While seeing a decrease in the number of properties sold the Median h...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
  Market Summary Thru July 31, 2012   Market Statistic June 2012 July 2012 Trend Median Price of Homes Sold $136,000 $130,000 + Average Price of Home Sold  $155,864  $144,032 + Least Expensive Home Sold $20,000 $10,500 + Most Expensive Home Sold     $535,162 $411,965 + Price/ Sq. Ft.  $69.79  $71.17 - Average Days of Market (DOM) 155 165   Total Active Inventory  1287  1270 - Median Home Size  1897  1825 + Median Number of Bedrooms 3 3 + Median Number of Bathrooms 2 2          July 2012 saw the number of home sold in county of Sumter, South Carolina decrease to 75 from 81 in June.  In July 2011, 88 homes were sold in Sumter which was an increase over June 2011 of 78.  The Year to Date Homes Sold in Sumter is still down in 2012 versus most prior years.  Year to date Homes sold in July 2...
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By Kim Peasley-Parker
(AgentOwned Realty, Heritage Group, Inc.)
Market Summary Thru June 30, 2012   Market Statistic May 2012 June 2012 Trend Median Price of Homes Sold $136,034 $136,000 + Average Price of Home Sold $135,943  $155,864 + Least Expensive Home Sold $5,000 $20,000 + Most Expensive Home Sold     $364,000 $535,162 + Price/ Sq. Ft. $72.41  $69.79 - Average Days of Market (DOM)  155 155   Total Active Inventory  1290  1287 - Median Home Size 1640  1897 + 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 June increase from 71 in May to 81 in June.  While the numbers of homes sold in Sumter County showed an increase in June Sumter county is still behind prior years numbers.  The pendings at the end of June indicate that the July numbers may be comparab...
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