Anderson County SC Real Estate Market Report 11-10-2013

In case you missed this week’s Market Snapshot for ANderson County South Carolina that I posted on my website on Sunday, here it is:

This report covers what happened for the week ending 11-10-2013 based on information from the Western Upstate Multiple Listing Service for the period 11-3-2013 through 11-10-2013. As always there may have been more closings but the agent has not turned in the closing sheet to the WUAR MLS yet. All this data is from the Western Upstate Association of REALTORS® Multiple Listing Service.

Any snarky or sarcastic comments are from your truly.

13 Homes Sold in Anderson County

There were 6 homes in Anderson, 1 in Belton, 1 in Easley (Wren school district), 2 in Pendleton and 3 in Piedmont reported as sold this week.

12 single family homes and 1 mobile home were reported as sold this week.

The average price of the homes reported sold this week was $185,151.

The median price of the homes reported sold this week was $149,900.

The average days on market was 49.

Remember this is for only 1 week and 13 homes!

Least Expensive Home Reported Sold

The least expensive home reported sold this week in Anderson County was a 1500 SF 3 bedroom 2 bath mobile home on 2 acres in Belton. It sold for $20,500 CASH after being on the market for 25 days. Originally listed for $20,500.

Foreclosure. Brick underpinned but unknown if it was FHA approved foundation. No heat or air either. Not a bad price though considering the size lot and the home appeared in decent shape.

Most Expensive Home Reported Sold

The most expensive home reported sold this week in Anderson County was a 6492 SF 4 bedroom 4.5 bath home on 0.45 acres in Anderson. It sold for $659,900 CASH after being on the market for 10 days. Originally listed for $659,900.

Waterfront Lake Hartwell home with covered double slip dock in place. Foreclosure. 3 car garage. Really nice home and a good price for the size/location/features/build quality.

Deal of the Week

  In my opinion, the best deal of the homes sold this week in Anderson County was a brick 2126 SF 3 bedroom 2 bath home on 3 acres in Anderson. It sold for $55,000 CASH after being on the market for 84 days. Originally listed at $71,900.

Foreclosure. Needed work including cutting back some seriously overgrown landscaping. But this is still a great price considering the size of the lot & home.

Foreclosures and Shortsales

Only 3 of the homes reported sold this past week were foreclosures.

None of the homes reported sold was a short sale.

Today there are 86 foreclosed homes for sale in Anderson County.

Inventory and Absorption Rate

Today there are 1441 homes for sale in Anderson County.

  If homes in Anderson County continue to sell at the same pace and no more homes hit the market, it will take 775 days to sell all the available homes.

New Listings

There were 36 new listings to hit the MLS this week in Anderson County.

  The best deal in my opinion of this week’s new listings in Anderson County is a 2500 SF 3 bedroom 2.5 bath home on 1.96 acres in Easley (Wren school district). It hit the market at $225,000.

Big house on a big lot at a great price. Great location convenient to Anderson, Greenville and Easley.

Looking Forward

18 homes were reported as going Under Contract (Pending) this week.

Currently there are 171 homes in the MLS with an Under Contract (Pending) status.

This is only the basics of what happened last week in Anderson County real estate. If you have questions about real estate in Upstate South Carolina, please Contact Me!

Originally Posted at Anderson County SC Real Estate Market Report 11-10-2013

Mark Brian

UGLYBUTHONEST.COM

 

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