Home Sales Data for Sumter, SC June 1-15, 2009

Sales Data for Sumter, SC 1-15 June 2009:

This information was for residences only; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

From June 1-15, 2009 there were 77 properties that went on the market. Lowest list price was $21,300 for a 32-year-old 3BR/2.5BA house being sold as-is/where-is; it’s not bank-owned. Highest list price was $499,999 for an (in my opinion) astoundingly overpriced home which, while it was a custom-built home (the sellers paid $395,900 for it a year and a half ago), is worth nowhere near the list price …

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Home Sales Data for Sumter, SC May 16-31, 2009

For the period May 16-31, 2009, there were 59 new listings posted. These were all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price was $19,900 for a 79-year-old, bank-owned house that needs “some work,” with detached 2-car garage which judging from the photograph lacks doors but has more than sufficient exterior water damage. Highest list price was $495,000 for a seven-year-old custom-built home with over 3,500 square feet, 4 bedrooms, 3 1/2 baths, and listed as having a “Southern Living” floor plan.

Of the new …

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Home Sales Data for Sumter, SC May 1-15, 2009

This information was for residences only; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

From May 1st through the 15th, there were 86 new listings placed on the market. The lowest list price was $12,500 for a seventy-nine-year-old bungalow with no electric or water systems, a rusty metal roof, and the listing included a warning that the property is unsafe and it’s not recommended to go inside, but if you do you’re on your own. The highest list price was $499,450 for a two-year-old waterfront home with lots of upgrades …

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Home Sales Data for Sumter, SC April 1-30, 2009

For all of April (1-30), as I was unable to do a market report mid-month:

For the period 1-30 April, there were 151 new listings posted. These were all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price was $13,900 for an as-is where-is bungalow that sold for $14,500 after 19 days on the market. Highest was $749,500 for a thirty-seven-year-old home with four bedrooms, four and a half baths, 4,281 square feet on a bit over 1.8 acres and includes part ownership in an 8-acre …

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Home Sales Data for Sumter, SC March 16-31, 2009

In the last two weeks of March (16-31 March 2009):

For the period 16-31 March, there were 111 new listings posted. These were all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price was $8,900 for an as-is where-is mobile home that went pending after nine days on the market. Highest was $440,000, a five-year-old home described as “highly upgraded,” measuring 3,200 square feet, four bedrooms and four and a half baths, blue pearl granite (doesn’t say where, I’m assuming counter tops), mouldings, “plush” carpeting, security system, …

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Mortgage Rates Set New Record Lows

I just read this article at Fox News and it’s worth a couple minutes of your time to take a look at it.

Mortgage rates are lower than they’ve been in decades. Thirty-year fixed averages 4.85%. Fifteen-year fixed averages 4.58%.

If you’ve got good credit and you’ve been wanting to buy a house, now’s the time. If you’re thinking about refinancing, I don’t know if it’ll get any better.

Go read the article.

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Sales Data for Sumter, SC 1-15 March 2009

I’m late again. Seems to be a trend.

For the period 1-15 March, there were sixty seven new listings posted. These were all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price was $6,000 for an as-is where-is property that was an estate sale and listed, sold and closed all on the same day. Highest was $780,000, a rebuilt (in 1969) colonial that was on the market a couple of years ago and never sold; looks like they’re trying again, and asking a bit less than …

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On Being the Bearer of Bad News

Eventually this won’t be such a common occurrence. In the meantime, though, I’m not having much fun.

A fellow called the office week before last. He’s one of the landlords whose property our property manager handles. The company I work for now is very different from the company I used to work for in several ways, one of those being how rentals are handled. The sales agents do not get involved. This is a huge relief; we can concentrate on sales rather than talking to irate tenants or landlords or reading the list of available …

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Sales Data for Sumter, SC February 15-28, 2009

I’m late again, sorry about that. Lots of stuff going on — regretfully none of it real estate related.

In the last two weeks of February (15-18 Feb 2009):

Eighty properties were newly listed, one of which was a duplicate so actually there were only 79. These are all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price was $16,200, for a 1949 bungalow, a HUD property, which went under contract the same day.

The highest list price was $379,900 for a 27-year-old house in an …

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Home Sales Data for Sumter, SC 1-14 February 2009

In the first two weeks of February (February 1-14) 2009:

Eighty-seven homes were newly listed. These are all residences; I did not include land or commercial properties. I looked only at Sumter and the surrounding area.

The lowest list price is $9,000 for a not-quite 60-year-old bungalow on which back taxes are owed and which has suffered fire damage.

The highest priced listing is a three-year-old home in one of the newer subdivisions in the area, listed at $595,000. It has a three-car garage, encompasses 3,700+ square feet and has almost all the bells and whistles, except …

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