Summerville SC Real Estate Market Report

April 2019- What Happened in Summerville SC Real Estate Last Month?

Summerville Real Estate Market Report


Flowers are blooming everywhere and we are moving into the strength of the Spring Real Estate Market here in Summerville, SC! Here is what happened last month with homes for sale in Summerville, SC.


According to our Summerville real estate market reports, we have 15% less homes for sale in Summerville then we did this time last year, which has helped to drive the average sales price for homes in Summerville up 11% compared to last year.


We saw 322 homes for sale in Summerville sell after an average of 52 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 11% from this time last year in 2018.


The average sales price for a home for sale in Summerville continues to climb upwards and averaged $261,972  last month, which is up eleven percent compared to this time last year. 



The average price per square foot for a home in Summerville has risen to $128.



The real estate market has seen a tremendous increase in new homes for sale in Summerville as the demand grows and the supply of resale homes dwindles.  

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.

 According to our Summerville real estate market reports, we've dropped below 2.5 months supply of homes for sale in Summerville 

   


Find Homes for Sale in Summerville, SC

Make sure you are set up to be notified when Summerville homes come on the market.

To find out what your Summerville home is worth in the current market fill out a What's My Home Worth Form.

Foster Smith
Foster Smith
Realtor