Nancy Lamar, REALTOR®
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Western Upstate Home Sales Statistics through Third Qtr 2008

 

Here in the Western Upstate MLS, year to date through 9/30/08, 2454 residential homes sold. That is -28% verses the same period last year. The waterfront home sales here in the Upstate are taking an even larger hit. Their sales are -33% verses year ago through September, however the average sold price is stable verses that same period last year.  The average price of all homes across the Western Upstate is -2% verses through third quarter year ago. Below is a chart with the actual numbers which shows the statistics for the waterfront homes on Lake Hartwell separately:

 

Year

Homes Sold through Sept

Percent change vs previous year

Average Sold Price

Percent change vs. previous year in sold price

Average Days on Market

All-2008

2454

-28%

175,949

-2%

136

All-2007

3400

-7%

180,379

+1%

133

All Western Upstate WF-2008

191

-33%

495,602

+.002

139

All Western Upstate WF-2007

283

-31%

494,603

+15%

150

 

Here is the percent of homes selling in each price range:

 

Price Range

Percent of Home Sold

Up to $200,000

73.6%

$201,00-$350,000

17.4%

$351,000-500,000

4.8%

$500,000-$1,000,000

3.5%

More than $1,000,000

.007%

 



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