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December 2010 Sumter Real Estate Market Report

01-12-11

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

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Office: (803) 840-7519

Market Summary Thru December 31, 2010

Market Statistic	November 2010	December 2010	Trend
Median Price of Homes Sold	$132,450	$142,500	+
Average Price of Home Sold	$136,259	$150,567	+
Least Expensive Home Sold	$5,000	$6,000	+
Most Expensive Home Sold	$329,000	$550,000	+
Price/ Sq. Ft.	$71.55	$73.67	+
Average Days of Market (DOM)	156	197	+
Total Active Inventory	1375	1280	-
Median Home Size	1707	1735	+
Median Number of Bedrooms	3	3
Median Number of Bathrooms	2	2

December brought an increase in the number of real estate units sold in Sumter, SC from 44 in November to 61 in December. This increase does reflect the increase in buyer activity agents saw in November and December.

The Year To Date Closings for 2010 fell short of the 2009 numbers. 2010 ended the year with 829 homes sold in Sumter vs. 2009 with 937 homes closed.

Days on Market for Sumter County, South Carolina increased in December to 197. As I stated last month, there remains many wonderful homes on the market in Sumter, but competition continues to be tough.

Listings per month decreased from 106 in November to 95 in December. These new listings indicate fewer homes going on the market during the months of November and December. I would expect to see these numbers increase as spring bring more PCS moving with the Air Force.

Sumter Dec 2010 Listings Per Month

Sumter County year to date listings fell below 2009 levels with the lower number of listings in December.

The number of active listings in the Sumter market continued to decrease for the fifth straight month.

The median home price increased from $132,450 in November to $142,500 in November. The year to date median home price is $130,000.

Sumter Median Home Price

The average $ per square foot increased in December. The average $ per square foot was approximately the same as the Sumter Real Estate Market saw in May 2010.

Sumter December 2010 $ per sq foot

As I recommend every month, please consult a local Realtor^®about the local market. Even though the Sumter Board of Realtors provides data, this data is very specific to Sumter County and residential home sales only. I do not include other counties in our Board of Realtors nor do I include lots or land.

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@agentownedrealty.com and I will help you in any way possible.

Kim Peasley-Parker

Realtor^®/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 2011

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November 2010 Sumter Market Report

12-10-10

Kim Peasley-Parker

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Office: (803) 840-7519

Market Summary Thru November 30, 2010

Market Statistic	October 2010	November 2010	Trend
Median Price of Homes Sold	$128,870	$132,450	+
Average Price of Home Sold	$132,962	$136,259	+
Least Expensive Home Sold	$15,000	$5,000	-
Most Expensive Home Sold	$370,000	$329,000	-
Price/ Sq. Ft.	$68.95	$71.55	+
Average Days of Market (DOM)	165	156	-
Total Active Inventory	1391	1375	-
Median Home Size	1747	1707	-
Median Number of Bedrooms	3	3
Median Number of Bathrooms	2	2

November saw another decrease in the number of units sold to 42 down 9 units from October. We have been seeing more buyers looking at houses and we have had many houses close after December 1st that do not show on this report.

The Year To Date Closings for 2010 continues to lag behind 2009 numbers. I d not expect to see this gap close in December and 2010 will have fewer homes closed than the prior years.

Days on Market for Sumter County, South Carolina decreased from 165 in October to 156 in November. There remains many wonderful homes on the market in Sumter, but competition continues to be tough.

Listings per month decreased from 141 in October to 106 in November. These new listings indicate fewer homes going on the market during the months of October and November.

Sumter Real Estate Listings Per Month, Homes for Sale

Sumter County year to date listings is still above 2009 levels, but the gap is decreasing rapidly. 2009 showed a fairly steady increase every month and 2010 showed higher numbers earlier again indicating that homes were being placed on the market earlier to increase their exposure and to compensate for longer time on the market.

Sumter Real Estate Year to Date Listings, Sumter Home for Sale

The number of active listings in the Sumter market continued to decrease for the fourth straight month.

Sumter Home for Sale, Number of Homes for Sale

The median home price increased from $128,870 in October to $132,450 in November. The year to date median home price is $129,900.

Median Home Price Sumter Home Sale

The average $ per square foot increased in November after seeing virtually no change from September to November.

Sumter Home Price per Square Foot sq ft

As I recommend every month, please consult a local Realtor^®about the local market. Even though the Sumter Board of Realtors provides data, this data is very specific to Sumter County and residential home sales only. I do not include other counties in our Board of Realtors nor do I include lots or land.

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@agentownedrealty.com and I will help you in any way possible.

Kim Peasley-Parker

Realtor^®/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 2010

Originally Posted on Sumter Home Pros

2 Comments

Sumter SC October 2010 Market Update

11-12-10

Kim Peasley-Parker

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Office: (803) 840-7519

September 2010 Sumter, SC Market Report

Market Summary Thru October 31, 2010

Market Statistic	September 2010	October 2010	Trend
Median Price of Homes Sold	$124,800	$128,870	+
Average Price of Home Sold	$129,378	$132,962	+
Least Expensive Home Sold	$6,000	$15,000	+
Most Expensive Home Sold	$335,000	$370,000	+
Price/ Sq. Ft.	$68.99	$68.95	-
Average Days of Market (DOM)	181	165	-
Total Active Inventory	1397	1391	-
Median Home Size	1649	1747	+
Median Number of Bedrooms	3	3
Median Number of Bathrooms	2	2

October saw a decrease in the number of units sold to 51 down 23 units from September. Interest rates are truly at historical lows, but buyers seem to be staying out of the market due to the economy and I think some apprehension about the elections.

The Year To Date Closings for 2010 continues to lag behind 2009 numbers and October contributed to that gap increasing. I expect to see this gap remain as we don't foresee a tax credit coming back for home buyers as it did in November and December of 2009.

Days on Market for Sumter County, South Carolina decreased from 181 in September to 165 in October. There remains many wonderful homes on the market in Sumter, but competition continues to be tough.

Listings per month decreased from 145 in September to 141 in October. These new listings indicate fewer homes going on the market during the months of September and October.

Sumter County year to date listings is still above 2009 levels, but the gap is decreasing. 2009 showed a fairly steady increase every month and 2010 showed higher numbers earlier again indicating that homes were being placed on the market earlier to increase their exposure and to compensate for longer time on the market.

The number of active listings in the Sumter market continued to decrease for the third straight month.

The median home price increased from $124,800 in September to $128,870 in October. The year to date median home price is $134,178.

Sumter Median Home Price

The average $ per square foot remained virtually the same in September and October.

As I recommend every month, please consult a local Realtor^®about the local market. Even though the Sumter Board of Realtors provides data, this data is very specific to Sumter County and residential home sales only. I do not include other counties in our Board of Realtors nor do I include lots or land.

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@agentownedrealty.com and I will help you in any way possible.

Kim Peasley-Parker

Realtor^®/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 November 2010

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Things to Do in Sumter: Sip & Stroll

11-08-10

Juanita Thompson

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Office: (803) 934-0004

Sumter, SC has one of the most well developed cultural communities I've ever lived in, especially for a town this size. There's always something to do, something to see. Last Friday we participated in the annual Sip & Stroll, the first of three events in the 2010-2011 Sumter Winefest. There were 13 participants downtown, offering samples of wines and nibbles, all thankfully provided by Market Place Spirits (the wines) and New Beginning Catering Service (the nibbles).

Our offering was "California Trendy", which if you knew us personally you'd appreciate how ironic that is. I looked up the vintner's website, and found Kate and Cassie Wines.

We had their Cabernet Sauvignon-Merlot blend, and Chardonnay.

Sip&Stroll

Some work had to be done to get the place ready.

Sip&Stroll

Yana and Betty got the greenery ready. Yana did the decor, and it was fabulous!

Sip&Stroll

Yana was the brains behind the decorating.

Sip&Stroll

She does good work, don't you think?

Sip&Stroll

The city provided transportation for anyone who needed it.

Sip&Stroll

Finally we were ready....

Sip&Stroll

Here's our crew....

Sip&Stroll

Left to right: Betty Geddings, me (Juanita Thompson), Darlene Hebert, Ronnie Eldridge, and Yana Mathis.

Both the wines we had were excellent. My personal opinion was the Cabernet Sauvignon-Merlot blend was the better of the two. YMMV. We had a blast meeting all the people who came in, there were several repeats from the beer tasting thing back in April. Regretfully we missed the entertainment downtown, but Yana did get a picture of the fire eater. Not kidding, they had a fire eater.

Sumter's a great place to live. Lots of things going on, low cost of living, and not far from the big cities, the mountains or the beach. Come on by!

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Willard Farms Pumpkin Patch and So Much More Sumter SC

10-25-10

Kim Peasley-Parker

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Office: (803) 840-7519

Willard Farms is located just outside Sumter off highway 378 in Gables. Willards is a family farm that produces fresh produce through the summer and fall months and this fall has introduced a corn maze and pumpkin patch. They do offer Community Supported Agriculture which allows families in the community to purchase vegetables that are delivered fresh on a weekly basis.

This was my first visit to Willard’s and wow! It is a cool place! They have many different options for activities. With 20 month old Maddie with us, we opted for the hayride to the pumpkin patch and pumpkins for each of us. The hayride was in a long wagon (no hay) with nice wooden sides along the sides. The best part was the family works the farm. We met one of the brothers who was driving the hay ride. He came back around to ask if we needed anything. He then gave us a lot of the information found in this post. He pointed out his dad who was on the combine harvesting a field of soybeans to make more room for parking Saturday morning.

The pumpkin patch is scattered with cut pumpkins nestled among the pumpkin plant vines. The pumpkins are a smaller variety, but believe me, as a parent, they are much easier to carry back from the pumpkin patch!

As you ride back to the pumpkin patch, you pass their strawberry field that will be ready for April and May 2011 picking. Then it is past rows of fall crops like okra, broccoli, and collards. There are also green houses that are currently an experiment in progress. The Willards are trying to grow a Florida variety of strawberries for picking between Thanksgiving and Christmas!

Other activities include the farm’s Market. Serving up hamburgers and hotdogs with french fries and also hand dipped ice cream cones. There is also a selection of candy, preserves and baked goods. A very nice area is set up for photo opportunities among hay bales, pumpkins, indian corn and a variety of gourds.

Last but far from least is the is the Agri Plex. This area provides a variety of activites of kids of all ages. From duck races to a huge slide, swings to a large bounce area. There is even a cow train! This area will become the focal point of their holiday season starting the week after Thanksgiving.

Willard Farms is a great example of an American farm transforming into another business. While offering you pick they have also developed into a family entertainment complex. For me there was a surprise at every turn. Not only does the farm try to use as little pesticides and chemicals as possible, they burn biodiesel in their equipment! After speaking with them, it is obvious they will keep evolving and more activities will be added.

The Willard Farms is open 7 days a week. Hours are: 8 AM to 6 PM Monday to Saturday and 12 to 6 PM on Sunday. There is a variety of activites and you can pick your activities ala carte or do it all. Prices vary by activity.

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December 2010 Sumter Real Estate Market Report

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