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

Temperatures are rising and beach days are beginning to happen more frequently!  May is here and is bringing the summer weather with it! Here is what happened last month with homes for sale in Summerville, SC.

According to our Summerville real estate Market reports, we now have 20% less homes for sale in Summerville then we did this time last year, however the average sales price for homes in Summerville has held steady and is only up 1% compared to this time last year.

We saw 310 homes for sale in Summerville sell after an average of 46 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 7% from this time last year in 2018.

As I mentioned earlier, the average sales price for a home for sale in Summerville is holding steady and averaged $254,983  last month, which is up one percent compared to this time last year. We are still quite low with the months supply of homes for sale in Summerville  as the chart below indicates clearly.

We have 20% less homes on the market this year than we did this time last year.  The average price per square foot in Summerville went down to around $125/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 area, new 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.



This post first appeared on Summerville & Charleston SC Real Estate – J. Foster Smith, Carolina One Real Estate, please read the originial post: here

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

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