As we move into the summer months, it’s an excellent time to take a closer look at the real estate market trends in the Central Savannah River Area (CSRA). Here’s a detailed overview of the latest statistics as of June 9th, 2024.
Overall CSRA Market Insights
The CSRA real estate market remains active and dynamic. Here’s a snapshot of the current market stats:
- Active Listings: 1,787
- Under Contract: 1,277
- Sold Listings in May: 745
- Average List Price: $320,600
- Average Sale Price: $320,200
- Average Days on the Market for Closed Listings: 109
Aiken County
Aiken County is showing robust activity, with a notable difference between listing and sale prices indicating a strong negotiating market:
- Active Listings: 598
- Under Contract: 428
- Sold Listings in May: 202
- Average List Price: $397,700
- Average Sale Price: $386,300
- Average Days on the Market for Closed Listings: 86
Columbia County
Columbia County’s market is quite competitive, with sale prices slightly exceeding list prices on average, indicating high demand:
- Active Listings: 523
- Under Contract: 461
- Sold Listings in May: 281
- Average List Price: $388,500
- Average Sale Price: $394,400
- Average Days on the Market for Closed Listings: 110
Richmond County
Richmond County offers more affordability, with the lowest average sale prices among the three counties, making it an attractive option for buyers:
- Active Listings: 491
- Under Contract: 309
- Sold Listings in May: 205
- Average List Price: $249,300
- Average Sale Price: $246,600
- Average Days on the Market for Closed Listings: 92
Market Analysis
The CSRA real estate market is thriving, with a healthy number of active listings and properties under contract. The average days on the market suggest a steady pace, with Aiken County seeing the quickest turnovers. Columbia County’s higher average sale price compared to the list price highlights its desirability and competitive nature. In contrast, Richmond County provides more budget-friendly options, appealing to a broader range of buyers.
Whether you’re looking to buy or sell, understanding these trends can help you make informed decisions in this dynamic market. Stay tuned for more updates, and feel free to reach out for personalized insights or assistance with your real estate needs.
Note: The data presented is as of June 9th, 2024. For the most current information, please contact our office or visit our website.
