As we step into fall, it’s crucial for prospective buyers and sellers to stay informed about the local real estate market. In this blog post, I’ll provide you with a comprehensive overview of the market statistics for September 2023 in Columbia, Richmond, and Aiken Counties. These insights will help you make informed decisions whether you’re buying, selling, or investing in real estate in these areas.
Columbia County:
Average Sales Price: $366,200
Number of Sales: 203
Months of Inventory: 2.6
New Listings: 227
Avg Sold Days on Market: 80
Active Listings: 545
Market Analysis:
Columbia County experienced a healthy market in September 2023. With an average sales price of $366,200 and 203 transactions, it indicates a strong demand for properties in this area. The relatively low inventory at 2.6 months suggests a competitive market, favoring sellers. However, with 227 new listings, there is still opportunity for buyers to find their dream homes. The average days on market at 80 days shows properties are moving efficiently.
Richmond County:
Average Sales Price: $219,900
Number of Sales: 177
Months of Inventory: 2.1
New Listings: 249
Avg Sold Days on Market: 102
Active Listings: 402
Market Analysis:
Richmond County, with an average sales price of $219,900, saw 177 sales in September. The low inventory of 2.1 months indicates a competitive market, especially for buyers. However, the 249 new listings offer opportunities for those in search of a property. The average days on market at 102 days suggests a slightly longer selling period compared to Columbia County. It’s essential for both buyers and sellers to be strategic in their approach.
Aiken County:
Average Sales Price: $325,900
Number of Sales: 207
Months of Inventory: 3.2
New Listings: 247
Avg Sold Days on Market: 72
Active Listings: 604
Market Analysis:
Aiken County demonstrated a robust market in September 2023. With an average sales price of $325,900 and 207 transactions, it indicates a strong demand for properties in this area. The higher inventory at 3.2 months suggests a market that slightly favors buyers, offering them more options. The 247 new listings show a healthy supply of properties coming onto the market. Additionally, the average days on market at 72 days indicate properties are selling relatively quickly.
These market statistics provide valuable insights for both buyers and sellers in Columbia, Richmond, and Aiken Counties. Whether you’re looking to buy, sell, or invest in real estate, understanding these trends will help you make informed decisions. Remember, it’s always a good idea to consult with a local real estate professional for personalized advice based on your specific goals and circumstances. Stay tuned for more updates on the real estate market!
