As we progress through 2025, the real estate market in Columbia, Richmond, and Aiken Counties continues to show dynamic changes. Here’s a breakdown of the latest data to help buyers, sellers, and investors understand the current trends.
Columbia County Market Overview
Columbia County’s residential market is experiencing notable shifts in pricing and demand:
- Average List Price increased significantly by 11.8% compared to last month, now at $460,776. The year-to-date average shows a 9.1% rise compared to 2024.
- Median List Price rose by 10.3% to $399,900, while the Average Sale Price dipped slightly by 1.6% to $380,105.
- Days on Market (DOM): Homes are staying on the market longer, with the Average Cumulative Days on Market (CDOM) increasing by 8.3% to 118 days, and the Median CDOM rising by 16.5% to 92 days.
Richmond County Market Overview
Richmond County is experiencing increased activity, reflected in the absorption rate and other metrics:
- Absorption Rate jumped by 21.1% to 3.0, signaling higher market activity.
- Median List Price declined slightly to $216,500, down 3.1%, but Average Sale Price saw a healthy 6.6% increase to $219,797.
- Median Sale Price climbed to $195,000, up 5.5% compared to January.
- Homes are selling faster, with the Median CDOM decreasing by 25% to 85 days, highlighting increased buyer interest.
Aiken County Market Overview
The January 2025 report for Aiken County reveals promising trends, particularly in pricing:
- Average List Price surged by 11.7% month-over-month to $436,761, with a year-to-date increase of 8.9%.
- Median List Price grew modestly by 4.2% to $323,000.
- Average Sale Price rose 10.1% to $343,612, showing strong buyer interest.
- Median CDOM increased by 19.5% to 104 days, suggesting a slower pace compared to neighboring counties.
What is CDOM?
CDOM stands for Cumulative Days on Market, which measures the total time a property has been listed for sale, including any time it was temporarily taken off the market and relisted. It’s a key indicator of how long homes are taking to sell in a given area.
What These Trends Mean for Buyers and Sellers
- For Buyers: Columbia and Aiken Counties are seeing rising list prices, so locking in a deal sooner rather than later might save you money. Richmond County offers some affordability with decreasing list prices but still has strong competition in the market.
- For Sellers: Richmond County’s faster sales and Columbia County’s higher list prices provide opportunities for maximizing your property’s value. However, be prepared for slightly longer selling times in some areas.
Key Takeaways
This data highlights the importance of staying informed about local market trends when making real estate decisions. Whether you’re buying or selling, understanding these numbers can help you navigate the market confidently.
Need help buying or selling a home in Columbia, Richmond, or Aiken County? Contact me today for personalized advice tailored to your needs!
