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

I hope you are enjoying the cooling temperatures and fun Fall Events happening in Summerville !  As I mentioned last week in my Summerville Fall Real Estate Market Update with Foster Smith,  homes for sale in Summerville, SC continue to sell and the number of houses can not keep up with the demand. Here is what happened last month in real estate in Summerville, SC.

Real Estate Market Conditions for Summerville, SC

According to our Summerville real estate market reports, we now have 13% less homes for sale in Summerville then we did this time last year and the average sales price for homes in Summerville has risen to $271,474, which is 7%  up from this time last year.

We saw  284 homes for sale in Summerville sell after an average of 45 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 13% from this time last year in 2018.

We are still quite low with the months supply of homes for sale in Summerville  as the chart below indicates clearly.

The average price per square foot in Summerville rose slightly above $130/square foot last month.

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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