Just the Stats: What Happened Last Month in Real Estate in Summerville, SC? March 2018

Homes for Sale in Summerville, SC

With the beginning of April, the spring real estate market in Summerville is in full swing. Last month we saw 320 homes for sale in Summerville find new owners after an average of 45 days on the market. The average sales price for a home in Summerville continues to climb upwards and is up four percent compared to this time last year.

According to our Summerville real estate market reports, we’v risen to 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.  Some of my clients have wondered “Did I Sell My Home Too Soon?” (Read more to find out how too know when is the right time to sell. )

The average price per square foot in Summerville has risen 3.5% to $118/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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Just the Stats: What Happened Last Month in Real Estate in Summerville, SC? February 2018

Homes for Sale in Summerville, SC

The Summerville real estate year always starts out a bit slow, but with the temperatures warming up and spring around the corner, we are seeing the market heat up as well.

New homes for sale in Summerville  are being built at a very quick pace and homes for sale in Cane Bay Plantation continue to be some of the most popular new homes for sale in Summerville. Homes for sale in Nexton are giving them some strong competition though as more phases open up, especially the new Del Webb Nexton section. The homes for sale in Del Webb Nexton are specifically for those 55 and older.

According to our Summerville real estate market reports, we have 2% less homes for sale in Summerville then we did this time last year, which has helped to drive the average sales price for homes in Summerville up 2% compared to last year. We continue to hold steady at 2 months supply of homes for sale in Summerville .

This lack of real estate for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up.  Some of my clients have wondered “Did I Sell My Home Too Soon?” (Read more to find out how too know when is the right time to sell. )

The average price per square foot in Summerville has risen 3.5% to $118/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.

What Happened in 2017 in Summerville Real Estate?

Homes for Sale in Summerville, SC

The numbers are in for 2017! Last year was a banner year for Summerville Real Estate and homes for sale in Summerville sold remarkably quickly.

Here is a quick look to demonstrate what the average sales price in Summerville, SC has done over the last three years.

The average price per square foot for a home in Summerville has also increased greatly, rising 7% from last year to $116.

The demand for homes for sale in Summerville has greatly increased as more people move to the Charleston, SC area and, as a result, homes are moving quickly. The real estate market has seen a tremendous increase in new homes for sale in Summerville as the demand grows and the supply of resale homes dwindles.  New home developments and master planned communities, such as Cane Bay Plantation, Nexton, and Summers Corner are meeting the needs of many people desiring to live in Summerville with amenity centers and schools within the communities.

In this market, make sure you are working with a Summerville realtor who is working every day to keep you aware of what Summerville listings are available and when they come on the market! Watch “How to Get the House You Want!” for more information!

Please feel free to contact me if you are interested in buying a home in Summervillenew 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.

What Happened Last Month in Real Estate in Summerville, SC? September 2017

Summerville Real Estate Market Conditions

With children back in school, Summerville real estate always slows down a bit and the numbers from last month support that trend. However new homes for sale in Summerville  continue to be built at a quick pace.

According to our Summerville real estate market reports, we have 23% less homes for sale in Summerville then we did this time last year, which has helped to drive the average sales price for homes in Summerville up 5% compared to last year. We continue to hold steady at 2 months supply of homes for sale in Summerville .

This lack of real estate for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up.  The average price per square foot in Summerville is staying around $116/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.

What Happened Last Month in Real Estate in Summerville, SC?

Homes for Sale in Summerville, SC

The real estate market in Summerville has slowed down a little bit as the temperatures hold, but not by much! The homes for sale in Summerville are still selling quickly, especially in the 300K and under market. New homes for sale in Summerville  continue to be very popular, especially the master planned communities, such as Nexton , Cane Bay Plantation and Summers Corner.

If you are interested in buying a new home for sale in Summerville, make sure you read Do I need a Realtor when I Buy New Home Construction and then call me!

According to our Summerville real estate market reports, we have 21% less homes for sale in Summerville then we did this time last year, which has helped to drive the average sales price for homes in Summerville up 10%. We continue to hold steady at 2 months supply of homes for sale in Summerville .

This lack of real estate for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up.  The average price per square foot in Summerville is staying around $116/square foot.

If you want to buy a summerville home, you need to act quickly and intelligently as a buyer. Ensuring that you are working with an experienced Summerville realtor will save you headache and heartache when you try to purchase a home in Summerville. When you are purchasing, don’t forget these Four Vital Questions to Ask When You Buy a Home.

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.

What Happened Last Month in Real Estate in Summerville, SC?

Homes for Sale in Summerville, SC

The temperatures are warming here in the Lowcountry, but the homes for sale in Summerville are still selling as quickly as they are listed. New homes for sale in Summerville are especially picking up steam as some of the master planned communities, such as Nexton and Summers Corner,  are catching traction and moving into further development stages.  More established new home communities in Summerville such as Cane Bay Plantation, Carnes Crossroads and Daniels Orchard are seeing their new home construction sell extremely quickly as well. If you are interested in buying a new home for sale in Summerville, make sure you read Do I need a Realtor when I Buy New Home Construction and then call me!

According to our Summerville real estate market reports, we have 22% less homes for sale in Summerville then we did this time last year.  We continue to have around 2 months supply of homes for sale in Summerville .

This lack of real estate for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up.  The average price per square foot in Summerville is up to $116/square foot.

If you want to buy a summerville home, you need to act quickly and intelligently as a buyer. Ensuring that you are working with an experienced Summerville realtor will save you headache and heartache when you try to purchase a home in Summerville. When you are purchasing, don’t forget these Four Vital Questions to Ask When You Buy a Home.

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.

Do I Need a Realtor When I Buy New Home Construction?

Do I need a Realtor When I buy New Home Construction?

Do I need a realtor when I buy a new home construction for sale in Summerville or the surrounding areas? This is a great question most new home buyers ask themselves. First, let’s cover some facts to help answer this question for you.

  1. Cost of A Realtor:
    • The cost for you to have a realtor representing you is free. Home builders always pay realtors a percentage of the home. It is a built in cost that they expect to pay and if you don’t bring a realtor with you, that results in more profit for them. They will not reduce the price of their home because that will lower the values of all of their other homes. As a result, you should always have representation when you walk into a new home development site or talk to a new home salesperson.   The new home salesperson is representing the Builder, and protecting their best interests.  The contracts, which are unique to their development are written in favor of the builders and you need your South Carolina realtor to go through the contract and advise you.
  2. Who Works For You?
    • The salesperson onsite at a development will be extremely friendly and helpful, but don’t forget that they are employed and paid by the builder and their loyalty will go with them.  After the contract is signed, as questions come up and if problems occur, you will be grateful you have an agent who is solely looking out for you and making sure the builder is doing what he is supposed to do.  You can’t always expect that from an onsite agent who has moved on and is working with new clients.  Making sure you have a Summerville Realtor who is working for you is vital in the new home buying process.  Having a son who is a custom home builder, helps me to have an extra layer of experience in the New Home Construction arena. This knowledge of the ins and outs of the building process will help you to make wise decisions about your new home for sale in Summerville.
  3. Negotiations
    • Most people think that buying a new home is like buying something at the store…it is a fixed price with no room for negotiations.  However, depending on the temperature of the market, this is not always true.  Because we are in a heavy seller’s market right now, there is less wiggle room, but while the prices are often firm, incentives, upgrades and closings costs are all negotiation tools that your Realtor can wield in your favor.
  4. Benefits to you…
    • When you buy on your own without representation the benefit to you equals ZERO.  When you purchase without a buyer’s agent, the savings go to the builder and are not passed on to you.  Your realtor’s job is not just about finding you your home, but successfully navigating you through the passages that will see it all the way to completion and see that your best interests are always honored.  Don’t make the mistake of trying to handle your new home purchase without representation.

Please contact me if you have any questions for me about the process or would like to look at New Homes for Sale in Summerville or the surrounding areas.  I ask that all of my clients allow me to come along or at a minimum allow me to pre-register you with the builder for your first visit if you would rather check things out the first time on your own.