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Summerville Real Estate News - Homes Sold Stats

Summerville South Carolina is a beautiful city located on the outer edge of the Charleston Metropolitan. It is the choice of many "Charlestonians" as the place to call home. Summerville is known for its beautiful homes in the downtown area, its Flowertown Festival, and for its ever popular Dorchester II school district. The real estate market in Summerville is still relatively good, but as the information demonstrates below the area has taken a hit from the homes sale numbers of a year or two ago. Expect much of the same for at least the remainder of the year. Predictions are that the Charleston market will begin to see a turn around by the end of this year or early next year.

The wonderful thing about Summerville and the entire Charleston area is that people still want to live here. Our economy will rebound and Charleston and its neighboring towns such as Summerville will be on the cutting edge of the recovery. The time for investment is now. Don't be one of the people who wish they would have bought during this time five to ten years from now. Inventory is high and prices are low.

City:Summerville


MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR 2008 - MAR 2009 :

112

140

165

190

200

173

159

131

112

139

68

71

MAR 2007 - MAR 2008 :

155

208

274

285

238

257

233

207

219

176

134

152

% Change :

-27.74%

-32.69%

-39.78%

-33.33%

-15.96%

-32.68%

-31.75%

-36.71%

-48.85%

-21.02%

-49.25%

-53.28%


Dollar Volume of Sold Listings

MAR 2008 - MAR 2009

MAR 2007 - MAR 2008

Diff

% Chg

MAR

$21,945,333

$33,246,757

$11,301,424

-33.99%

APR

$27,013,673

$43,646,922

$16,633,249

-38.10%

MAY

$32,112,964

$56,771,011

$24,658,047

-43.43%

JUN

$38,692,265

$60,713,856

$22,021,591

-36.27%

JUL

$39,971,567

$48,894,073

$8,922,506

-18.24%

AUG

$32,674,699

$54,006,038

$21,331,339

-39.49%

SEP

$28,966,391

$45,093,070

$16,126,679

-35.76%

OCT

$25,661,619

$41,072,622

$15,411,003

-37.52%

NOV

$21,647,205

$45,150,897

$23,503,692

-52.05%

DEC

$26,968,885

$36,161,461

$9,192,576

-25.42%

JAN

$10,956,813

$26,239,537

$15,282,724

-58.24%

FEB

$12,823,707

$30,077,101

$17,253,394

-57.36%

Michael J. Johnson

843-817-5299

Search Charleston Area Homes

www.providingthelight.com

www.metrocharlestonhomes.com

Posted Tuesday Mar 17