Summerville SC Real Estate Market Report

Home Prices in Summerville, SC for September 2017

Real Estate Market Conditions in Summerville, SC

With children back at 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. 

New homes for sale in Summerville are especially popular as many 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 23% 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. 



Summerville Real Estate Report Summary

The average sales price in August for single family homes in Summerville was $235,771. The sales price increased by 5% from Aug2016.

The price per square foot for homes in Summerville increased to $116.


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Foster Smith
Foster Smith
Realtor