Just the Stats: What Happened Last Month in Real Estate in Summerville, SC? January 2019

Summerville Real Estate Market Conditions

Happy New Year! We are into the second week of 2019 and it always helps to look back and see what happened last month with homes for sale in Summerville!

We saw 278 homes for sale in Summerville sell after an average of 49 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 4% from this time last year in 2017.  (Hear me explain why in The Fall Real Estate Market Update with Foster )

The average sales price for a home for sale in Summerville continues to climb upwards and averaged $272,606  last month, which is up five percent compared to this time last year. According to our Summerville real estate market reports, we have dipped under 2.5 months supply of homes for sale in Summerville .

This lack of homes for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up. We have 18% less homes on the market this year than we did this time last year.  The average price per square foot in Summerville is around $128/square foot.

I can help you if you are interested in seeing real estate for sale in Summerville, SC ,  buying a home in the Summerville areanew home in Summerville , a historic home in Summerville or selling your Summerville home.

If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.

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