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Just the Stats: What Happened Last Month in Real Estate in Summerville, SC? August 2020

The Summerville Real Estate summer market continued to accelerate last month as we saw numbers rise across the board. Our current reports shows an extremely strong seller’s market. We now have 36%  less homes for sale in Summerville then we did this time last year and the average sales price for homes in Summerville last month closed out at $284,122 which is 3%  up from this time last year.

We saw  522 homes for sale in Summerville sell after an average of 44 days on the market. 

The average price per Square Foot in Summerville rose to at $136/square foot last month due to the lack of inventory.

If you are thinking of changing your living situation, have your eye on a new home, more land or a change of scenery, now might be a good time to do it. My clients are getting top dollar for their homes, some seeing multiple offers and receiving above list price. Check out my website to see what your home is worth in the current market. What is My Home Worth?

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? August 2020

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