July 2020- What Happened in Summerville SC Real Estate Last Month?
The Summerville Real Estate Summer market is roaring forward as our area tentatively returns to a different normal of living.
Our current reports shows an extremely strong seller's market. According to our Summerville real estate market reports, we now have 34%(Thirty Four Percent!!) less homes for sale in Summerville then we did this time last year and the average sales price for homes in Summerville last month closed out at $281,679 which is 3% up from this time last year.
I personally had everything I listed go under contract in less than a week. At most price points, homes for sale in Summerville are moving very quickly. We are still quite low with the months supply of homes for sale in Summerville dropping significantly. (A balanced market averages 5-6 months of home inventory.)
If you are ready to change your housing, now is the time to sell. You will receive top dollar for it due to the lack of inventory. If you would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.