The November market data is in, providing a snapshot of real estate trends in Columbia, Richmond, and Aiken counties. As we approach the end of the year, these statistics offer valuable insights for buyers and sellers looking to navigate the current housing market.
Columbia County Market Overview:
- Active Listings: 620
- Under Contract: 192
- Sold Listings in October: 209
- Average List Price: $441,952
- Average Sale Price: $388,749
- Average Days on Market: 104
Columbia County saw a robust number of homes sold in October, with 209 properties closed, marking an increase in activity compared to September. Homes are selling at an average of $388,749, which is slightly below the average list price of $441,952, indicating some negotiation opportunities for buyers. However, the average days on market have risen to 104, suggesting a slower pace for home sales compared to the peak summer months.
Richmond County Market Overview:
- Active Listings: 612
- Under Contract: 111
- Sold Listings in October: 150
- Average List Price: $234,786
- Average Sale Price: $227,772
- Average Days on Market: 108
Richmond County remains a more affordable option compared to Columbia and Aiken counties, with an average sale price of $227,772. The market is slightly slower this month, as homes are taking an average of 108 days to sell. While fewer properties went under contract in October (111), the 150 sold listings demonstrate consistent buyer interest.
Aiken County Market Overview:
- Active Listings: 817
- Under Contract: 200
- Sold Listings in October: 189
- Average List Price: $420,989
- Average Sale Price: $345,063
- Average Days on Market: 106
Aiken County continues to lead in active inventory, with 817 homes on the market. The average sale price of $345,063 reflects a favorable market for buyers, as it remains significantly lower than the average list price of $420,989. Homes are spending an average of 106 days on the market, showing a steady pace for sales in this area.
Key Insights for November 2024:
- Columbia County: Higher sales activity in October suggests a solid market, but sellers should be prepared for slightly longer market times.
- Richmond County: With affordable pricing and consistent sales, this remains a competitive market for buyers seeking value.
- Aiken County: The wide inventory and price gap between listing and sale offer buyers more room for negotiation, though homes are still moving at a steady rate.
Whether you’re considering buying, selling, or just keeping an eye on market trends, staying informed is crucial. These insights can help guide your next steps in the real estate market. For tailored advice or a personalized consultation, feel free to reach out!
Stay tuned for more updates as we close out the year, and don’t hesitate to contact me for expert guidance on your real estate journey.
