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Sumter, SC

AgentOwned Realty Acquires Real Estate Co

Liz Loadholt Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC: Real Estate Brokerage in Mount Pleasant, SC

Real Estate Company joins AgentOwned Realty

Associates Realty in Sumter SC just closed and the broker/owner and her 14 real estate agents just joined with The AgentOwned Realty office in Sumter.

This brings the Sumter AgentOwned office to have 40 agent-owners and is now the #1 office in the Sumter MLS in listing inventory as well as sales.

Congratulations to Kirk McLeod, Chief Operating Officer of the Sumter AgentOwned Realty office, and Shirley Ross, former Broker of The Associates Realty for a job well done in merging these 2 offices.

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

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The AgentOwned Realty serves your real estate needs for:

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Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina

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December 2009 Sumter, SC Market Report

Kim Peasley-Parker: Real Estate Agent in Sumter, SC
Market Summary Thru December 31, 2009

Market Statistic

November 2009

December 2009

Trend

Median Price of Homes Sold

$129,900

$122,500

-

Average Price of Home Sold

$135,428

$124,936

-

Least Expensive Home Sold

$7,000

$10,000

+

Most Expensive Home Sold

$333,500

$249900

-

Price/ Sq. Ft.

$74.56

$70.74

-

Average Days of Market (DOM)

169

148

-

Total Active Inventory

1314

1256

-

Median Home Size

1664

1571

-

Median Number of Bedrooms

3

3

Median Number of Bathrooms

2

2

Sumter county in December 2009 had 64 units closed. This is down from November and December, but considering the time of year and holidays, this is not unusual. There was a lot of buyer activity though with many buyers moving into the area. The question that only time will tell is if we see an increase January and February. We are currently a week and half into January and we are seeing closings. This might not seem significant, but most home buyers close at the end of the month not near the beginning to avoid interim interest.
Units Sold Per Month Sumter, SC
The total number of homes sold in Sumter, South Carolina for 2009 was 937. In 2008 there were a total of 1025 units close for the year. So even though we have fallen short of the total number of units, sold we still need to look closely at the number of closings per month. In October, November and December 2009, Sumter had more units closed by the month than the same months in 2008. Does this mean the market has turned around? It might be a very good indication that we are seeing changes in the market.
Year To Date Units Sold
The days on market decreased dramatically in December down from 169 in November to 148 days in December. With the changes we are seeing in the number of units sold by month and the days on market, we very well might be seeing the market turn.
Days on Market Sumter, SC
The number of new listings in Sumter increased in December 2009 by 10 units. We normally see a decrease in the number of new listings during November and December, but many home sellers are getting their homes on the market earlier to prepare for a spring sale. This allows buyers more time to preview their homes online before arriving for house hunting.
New Listings Sumter, SC
Even with the increase in the number of new listings in December, we fell short of the 2008 number of new listings. 2009 had 1854 units listed and 2008 had 1969.
Year to Date Listing Sumter SC Real Estate Market
The total number of listings available decreased from November to December. Since this is a newer statistic to the report, we are still watching it for trends and how it interacts with the other statistics.
Active Listings Sumter SC
The median home price decreased in Sumter. The current price of $122,500 is an indication of the homes being sold. Along with the median home price being lower in December, the average home price, $ per square foot and median home square footage also decreased. These statistics continue to trend along with each other.
Median Home Prices Sumter, SC
The average price per sq. foot decreased in December. This is no surprise given the median home price, average home price and square footage also decreased. December showed smaller homes with fewer upgrades being closed.
$/Sq Foot Average Sumter, SC
As I recommend every month, please consult a local Realtor® about the local market. Every real estate market is local. There is no National rules that every market in the United States follows when it comes to the ups and downs.
I hope you find this real estate market report for Sumter County, SC informative. If you have any suggestions or questions, please email me at kim@agentowned.com and I will help you in any way possible.
Kim Peasley-Parker
Realtors®/Shareholder
AgentOwned Realty,
Heritage Group, Inc.
Sumter, SC
Cell 803-840-7519
Serving all of Sumter County including Sumter, Dalzell, and Shaw Air Force Base area
Copyright, Kim Peasley-Parker January 2010

Adventures in Real Estate

Juanita Thompson: Real Estate Agent in Sumter, SC

As I've mentioned before, I have a job along with another agent in our company cleaning the office once a week (a job which will probably disappear when the new agency comes in). Doesn't pay a lot, but every little bit helps. Yesterday I was cleaning by myself, as the other agent had gone home to visit family over the holidays. It took awhile, being alone, having to do the whole thing by myself. It's much easier when you can split the work up. I also took the opportunity to do a few things that we only do once in awhile, as they take longer and since it was just me, I wasn't inconveniencing anyone else. The "few things" included the windows and putting MinWax restorer on the steps. The restorer only takes about ten minutes. Cleaning the windows takes a lot longer. Bottom line -- I got to the office a bit before 8, went home about 3:30.

But -- the most exciting part of the day came about 1 o'clock when the other agent called me. She'd just gotten a call from a neighbor across the street from one of her listings, in a neighborhood that has amongst its characteristics a significant amount of nocturnal activity. Mostly illegal. Anyway, she said the neighbor had called and as I understood her, had just seen someone kick in the house's front door. She asked me if I'd go check it out.

She wants me to go check out a home invasion? Excuse me? I know karate, but if the bad guys see you coming and they have guns, you lose. All the karate skills in the world mean nothing if they shoot you from far enough away, all those Chuck Norris and Steven Seagal movies notwithstanding.

I asked if the neighbor was going to call the police. She said yes. So I said, okay, I'll go see what's going on, but if it looks dicey I'm not getting out of the car.

I left stuff all over the office, as I wasn't finished cleaning, and motored over. When I got there, no cops. No nobody. I parked across the street and got out, and the nice neighbor lady came sauntering out of her house, carrying a phone. I asked if she'd called the police. She hadn't.

Now, my understanding was that someone just kicked the door in, the neighbor said she hadn't seen anyone come out, so whoever kicked the door in was still there, most likely. The only other door opens onto the carport and it was barricaded after another break in. So I called 911 myself.

While waiting for the police, the handyman my friend uses showed up. She'd called him to go see what sort of repairs he could do to try to secure the place. He'd been there most recently Christmas Eve, barricading the carport door which had been kicked in the week before by someone looking for something to steal. He wandered into the back yard to see what he could see (I told him I thought someone might still be inside) and came back to report that someone had busted in a kitchen window, and it was his guess that they'd gone out the front door. Neither of us was inclined to go find out, though.

About that time the cops showed. Nice young men, one of them had been to the house last summer for yet another break in and said there were three bad guys, one of whom he chased two miles. He caught him. And then, he said, they had to call an ambulance for him, the cop, because he was having chest pains. Yesterday he was fighting a head cold, and said if anyone tried that with him today he'd just tase them.

Suits me.

Anyway, during all this the neighbor let us all know that it actually happened the night before, no idea why or how the message got garbled to indicate it had just happened. She said she'd heard a racket, dogs barking and so on. But she didn't get up to see what was happening. I wish she'd called the police then, but I don't blame her for not wanting to investigate, or even to look out a window. If I lived in that neighborhood I wouldn't either. It's a shame; there are elderly people living over there who have lived there for many years, it used to be a safe place, it isn't now and they don't have the ability to leave.

The police checked the house, nobody was there. They processed the scene, but there were no usable fingerprints. At least not in the areas they would have touched. There appeared to be some damage to a closet door.

The owner of the house is deceased, her niece is trying to sell it. She lives in Georgia. My friend has told her repeatedly they need to come get the personal property out of the house. Some furniture has already been stolen and if they wait much longer there won't be any left. The thieves have also tried to pull the heating unit out from under the house to get the copper out of it, so it probably doesn't work anymore, either. There are family photos in the house, quite a lot of them. I can't figure out why they don't seem to want those. If anything happens to them, they'll just be gone forever.

So that was an hour of my day, right there. Moderately interesting. When it was over I went back to the office and finished the cleaning.

And then I went home. I had planned to do some cleaning at home but I was so tired I just didn't care.

Real estate is fun. Mostly.

November 2009 Sumter, SC Real Estate Market Update

Kim Peasley-Parker: Real Estate Agent in Sumter, SC

Market Summary Thru November 30, 2009

Market Statistic

October 2009

November 2009

Trend

Median Price of Homes Sold

$125,000

$129,900

+

Average Price of Home Sold

$124,768

$135,428

+

Least Expensive Home Sold

$7,500

$7,000

-

Most Expensive Home Sold

$400,000

$333,500

-

Price/ Sq. Ft.

$69.38

$74.56

+

Average Days of Market (DOM)

128

169

+

Total Active Inventory

1299

1314

+

Median Home Size

1603

1664

+

Median Number of Bedrooms

3

3

Median Number of Bathrooms

2

2

In November the number of units closed decrease from 111 in October 2009 to 77 in November 2009. October 2009 had the largest number of units closed in Sumter County since August 2007! Sumter County has been close to this number in the past two years, but has not reached this number. This number is also very impressive due to October is normally a month of slower sales in prior years. November did decrease to 77, but to put this in perspective in it is the fifth highest month for 2009. November is normally one of the lower months for closed transaction. Realtors were seeing many first time home buyers take advantage of the $8000 tax credit. Wth the extension of this credit, we are hoping to see an improvement in the market. The number of pending units decreased from 172 units in October to 142 units in November.
Units Sold Per Month Sumter, SC
The total number of homes sold in 2009 continues to fall short of 2008 levels. Even with the great numbers of closed units in October and November, I cannot see the market "catching up" with 2008 levels in December.
Year To Date Units Sold
The days on market increased dramatically in November from 128 in October to 169 days on market as an average in November. October showed a marked decrease in the average days on market, and the average for November is actually very close to the Year To Date average for 2009 Days on Market of 162.
Days on Market Sumter, SC
The number of new listings in Sumter decreased in November 2009 by 14 units. October and November are slower months for listings and this trend appears to be holding true in 2009.
Listings per Month Sumter County
Unless the Sumter Real Estate Market is flooded with new listings in December, we will fall short for the total Year To Date New Listings that we had seen in previous years.
Year to Date Listing Sumter SC Real Estate Market
The total number of listings available increased from October to November. The number of Active Listings in a new statistic that was added in 2009 to the Board Reports so we will continue to watch it for trends.
Active Listings Sumter SC
The median home price increased in Sumter. The current price of $129,900 is an indication of the homes being sold. Along with the median home price being higher in November, the average home price, $ per square foot and median home square footage also increased. These statistics continue to trend along with each other.
Median Home Prices Sumter, SC
The average price per sq. foot increased in November. The price per square footcontinues to mirror the median home price.
$/Sq Foot Average Sumter, SC
As I recommend every month, please consult a local Realtor® about the local market. Every real estate market is local. There is no National rules that every market in the United States follows when it comes to the ups and downs.
I hope you find this real estate market report for Sumter County, SC informative. If you have any suggestions or questions, please email me at kim@agentowned.com and I will help you in any way possible.
Kim Peasley-Parker
Realtors®/Shareholder
AgentOwned Realty,
Heritage Group, Inc.
Sumter, SC
Cell 803-840-7519
Serving all of Sumter County including Sumter, Dalzell, and Shaw Air Force Base area
Copyright, Kim Peasley-Parker December 2009

Sumter, SC, 29153 - For Sale

11-28-09
Peter Twain
Peter Twain: Real Estate - Other in Frederica, DE

1st home is a 1999 Horton 3 bdr/ 2 bth D/W manufactured home with brick underpin, 4 ceiling fans, 16'x22' covered deck that steps down to a 12'x16' covered deck with a 6 person " Clearwater Spa" hot tub. It has a 10'x14' wired, insulated, air conditioned work shop, and a fenced in area behind the house.****** 2nd house is a 2002 Homestead model **Both homes have new "Energy Star" rated insulated white metal roofs installed 6 months ago**. Both homes come with all Whirlpool appliances, including washer/dryer's. *>>>These homes are move in ready,<<<* I will not owner finance, I have clear deed and titles on this property. it's NOT ok to contact this poster with services or other commercial interests. Call 803-905-1249 Cathy (THIS $130,000. PRICE IS FOR 2 HOMES ON 5 ACRES) To directly access this property, use this shortcut: http://www.fizber.com/south-carolina-buy-single-family-home-12602877.html