Everyone says we have a "strong market" here in Summerville, SC but can your realtor explain what that means? On a side note, if you don't have a Realtor but need one please call me at 843.696.8627 so I can offer you my services. We are in a strong market but I, many may argue, believe we are in a shift and that shift will start in January 2017 (if not a little sooner). I don't see a drastic drop in the market like in the past but a gradual decline (some may not even notice it but it'll be there). Make sure you hire a Realtor that knows the market. Would you hire a surgeon that could not describe physiology? I would hope not!
The Summerville, SC Scene-
The numbers
61 - N. Charleston, Ladson (dorchester area) and Summerville
62 - Summerville, the rest of Ladson and Ravenell to HWY 165
63 - Summerville to Ridgeville (this included the downtown area)
The following numbers are residential sales from January - June (by the way this has been our 3rd best year ever in sales). These number all represent an increase from the same time in 2015.
61 - 539
62 - 305
63 - 700 (wow)
The following describes the months of inventory (MOI) we have in each section. You should know that 6 MOI is a healthy and balanced market with equal buyer and sellers. Anything below 6 represents a strong sellers market (less inventory) and anything over 6 represents a buyer's market (more homes on the market than buyers).
61 - 3.5 MOI
62 - 1.8 MOI
63 - 2.6 MOI
** this tells me we remain in a strong sellers market which I agree with based on my sales and experience. NOW Is the time to list your home because it'll sell. Call me TODAY for more information.**
The following information is the median sales price for 2016
61 - $192,000.00
62 - $175,000.00
63 - $215,000.00
| Summerville, SC has a great market...List with me Today |
If you, or anyone you know, if looking to...Buy a Home or Sell A Home... Please contact me today!!
Jason Gregg, Realtor
Keller Williams Realty
843.696.8627
Jason.Gregg@kw.com
www.Palmettodreamhomes.com
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