Anderson County South Carolina real estate market report for the week ending October 14 2018…
31 Homes Sold in Anderson County
There were 18 homes in Anderson, 2 in Belton, 1 in Honea Path, 1 in Pelzer, 2 in Pendleton, 2 in Piedmont, 1 in Starr, 2 in Townville and 2 in Williamston reported sold this past week.
29 single family homes, 1 condo and 1 mobile home with land were reported sold this past week in Anderson County.
The average price of the homes reported sold this week was $167,561.
The median price of the homes reported sold this week was $155,000.
The average days on market of the homes reported sold this past week was 77 days.
This is only the basics of what happened last week in Anderson County real estate.
Least Expensive Home Reported Sold
The least expensive home reported sold this week was a 1600 SF 3 bedroom 1.5 bath house on 0.3 acres in the city limits of Anderson.
It sold for $30,000 CASH after being on the market for 98 days. Originally hit the market at $58,000.
Located in the 29624 Zip Code and the Varennes Elementary, Robert Anderson Middle, Westside High school district per MLS listing.
This home sold somewhat quickly BUT also sold for roughly half of the original list price. How quickly would it have sold if the original list price had been closer to the true market value?
Home is over 50 years old. Wood exterior on crawl space construction. New architectural shingle roof in 2017. Heat pump. Public sewer and water. 2 car detached garage. Fenced yard.
Carpet and vinyl flooring. Kitchen with breakfast area, fomal living room, formal dining room.
Being sold AS-IS and located in an area that many buyers will not find attractive. If this home was in a different location, it probably would have sold for closer to the original list price.
In real estate, it really is location, location, location…
Most Expensive Home Reported Sold
The most expensive home reported sold this week was a 2200 SF 4 bedroom 3 bath house on 3 acres in Pendleton.
It sold for $335,000 after being on the market for 58 days. Originally hit the market at $359,000.
Located in the Five Forks area of the 29670 Zip Code. Mount Lebanon Elementary, Riverside Middle, Pendleton High school district per MLS listing.
This is a flip as it sold only about 4 months ago for $150,000. The listing says it has had a complete remodel and it looks fantastic.
Home built in 1997 per county tax records. Stone veneer and vinyl siding exterior on crawl space construction. Architectural shingle roof. Heat pump. Attached 2 car garage. Public water and septic tank.
Huge rear deck and large covered front porch.
Ceramic tile and hardwood flooring. Kitchen with breakfast area, exercise room, laundry room, office/study, rec room. Granite counter tops also.
Owner’s suite has 2 closets, double sinks, large walk in tiled shower and even a heated towel bar.
Appears to be move in ready with neutral colors. Great location convenient to Pendleton, Clemson or Anderson and close to I-85.
Sold Deal of the Week in Anderson County
The best deal in my opinion of the sold listings this week was a 2615 SF 4 vedroom 3 bath house on 0.48 acres in the city limits of Anderson.
It sold for $155,000 after being on the market for 114 days. Originally hit the market at $160,000. The seller paid $5425 of the buyer;s closing costs.
Awesome Old North Anderson location in the 29625 Zip Code. Whitehall Elementary, Robert Anderson Middle, Westside High school district per MLS listing.
1940’s bungalow that has been expanded to over 2600 square feet while still keeping it’s charm. Brick and vinyl siding exterior on crawl space construction. Architectural shingle roof. Natural gas heat and central electric AC.
1 car detached garage with workshop at the rear. Fenced back yard with deck Public sewer and water.
Huge Butler’s pantry, built in bookcases surrounding a fireplace, crown molding, and arched entry into the dining room are just a few of the unique features.
Formal dining room, formal living room, office/study, rec room, workshop. Bright white kitchen with stainless appliances and gas stove.
Incredible features and size in a great location for only $155,000.
Foreclosures and Short Sales
Only 1 of the homes reported sold this past week was a foreclosure.
None of the homes reported sold this past week was a short sale.
Today there are 17 active listings of foreclosed homes for sale in Anderson County.
Today there are 6 active listings for a short sale in Anderson County.
Inventory and Absorption Rate
Today there are 685 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 154 days to sell all of the available homes. This statistic is for all homes in Anderson County and based only on this week’s activity.
New Listings in Anderson County
There were 40 new listings to hit the MLS this week in Anderson County.
26 homes were reported as going under contract (Pending) this week in Anderson County.
Currently there are 249 homes in the MLS with an Under Contract (Pending) status.
The Fine Print:
Depending on the home/location/price range, this may not tell you what is possible or realistic for a specific home! It could be better or worse!
Because these statistics are for only one week and all of Anderson County, it does not tell you everything you need to know to make an informed decision!
If you have questions about buying or selling a property in Anderson County please Contact Me!
This report covers what happened for the week ending 10-14-2018 and is based on information from the Western Upstate Multiple Listing Service for the period 10-8-2018 through 10-14-2018. All of this data is from the Western Upstate Association of REALTORS® Multiple Listing Service. The properties in this report were listed/sold by various Participants in the MLS and is not meant to imply that I listed/sold all of these properties.