It’s a wrap! 2015 is officially over and we are on to 2016 in Summerville & Charleston, SC. Last year was a strong year for Charleston & Summerville SC Real Estate. Thirty six thousand, six hundred and fourteen homes were closed just in the town of Summerville with an average sales price of $203,759. This sales price is up 7% from 2014, and the number of homes closed in Summerville is up 16% from 2014.
Homes for sale in Summerville are averaging 30 days on the market and there are currently 1093 homes for sale in Summerville at this very moment. It is a good time to be a seller in Summerville because they are, on average, receiving 98% of their list price. If you have been considering putting your home on the market, now is a good time to talk to me about your Summerville home’s value. With the springtime temperatures we’ve been experiencing, people are still out and about and looking at homes.
As you can see from this chart, home sales have dramatically risen in the Summerville area over the last two years. With interest rates still low (won’t be that way much longer), homes are moving quickly and sales continue to rise.