Anderson County South Carolina real estate market report for the week ending November 18 2018…
37 Homes Sold in Anderson County
32 single family homes, 3 mobile homes with land and 2 town homes were reported sold this past week in Anderson County.
The average price of the homes reported sold this week was $187,752.
The median price of the homes reported sold this week was $184,500.
The average days on market of the homes reported sold this past week was 124 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 1100 SF 2 bedroom 1 bath house on 1.7 acres in Anderson.
It sold for $12,000 CASH after being on the market for 127 days. Originally hit the market at $29,900. This home was sold via an auction.
Located close to Broadway Lake in the 29621 Zip Code. Nevitt Forest Elementary, Glenview Middle, TL Hanna High school district per MLS listing.
Foreclosure. Only 1 picture and limited details in the MLS. It looks rough and the only pictures shows a pile of trash bags in front of the house.
It could be that the home was filled with trash when it was vacated by the previous occupant, Combine that with the lack of pictures and I would not be surprised if this home is a serious mess inside.
But that is to be expected from a home on 1.7 acres that sold for only $12,000. Remember that just because a home is cheap, does NOT mean it is a good deal.
That being said, if you were looking for a lot over an acre close to Broadway Lake, $12,000 is not a bad price.
Most Expensive Home Reported Sold
The most expensive home reported sold this week was a 4740 SF 6 bedroom 5 bath house on 1 acre in Pendleton. The SF includes 1049 SF of unfinished space.
It sold for $455,000 CASH after being on the market for 368 days. Originally hit the market at $490,959.
Located in the 29670 Zip Code and the Mount Lebanon Elementary, Riverside Middle, Pendleton High school district per MLS listing.
Brand new home still being built when entered into the MLS. Brick, stone and cement plank with a partially finished walkout basement. 2 car attached garage.
Architectural shingle roof. Heat pump. Public water and septic tank. Spray foam insulation in the attic, low E windows, and Energy Star appliances.
Carpet, ceramic tile and hardwood flooring. Granite counter tops. Formal dining room, kitchen with breakfast area, laundry room, media room, rec room and bonus room.
Owner’s suite on the main level has sitting area, walk in closet, garden tub with separate shower, and a private covered porch.
Foreclosures and Short Sales
3 of the homes reported sold this past week was designated as a foreclosure in the MLS.
None of the homes reported sold this past week was designated as a short sale in the MLS.
Today there are 11 active listings of foreclosed homes for sale in Anderson County.
Today there are 5 active listings for a short sale in Anderson County.
Inventory and Absorption Rate
Today there are 656 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 124 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 41 new listings to hit the MLS this week in Anderson County.
22 homes were reported as going under contract (Pending) this week in Anderson County.
Currently there are 242 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 11-18-2018 and is based on information from the Western Upstate Multiple Listing Service for the period 11-12-2018 through 11-18-2018. 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.