October 2018- What Happened in Summerville SC Real Estate Last Month?
Last month we prepared as Hurricane Florence barreled toward the South Carolina coast and most of our area evacuated and life came to a standstill for around a week. Many of us remember Hurricane Hugo in 1989 and the lasting impact it had on our town and lives. As a result, Summerville was quiet for many days during September. We are praying and working to support our neighbors further up the coast that did get the impact of the Hurricane this time around.
Last month we saw only 238 homes for sale in Summerville find new owners after an average of 40 days on the market. (Homes sold last month was down 20% .) The average sales price for a home in Summerville continues to climb upwards and is up 9 percent compared to this time last year.
New home developments and master planned communities, such as Cane Bay Plantation, Nexton, and Summers Corner are meeting the needs of many people desiring to live in Summerville with amenity centers and schools within the communities.