Anderson County South Carolina real estate market report for the week ending July 29 2018…
47 Homes Sold in Anderson County
46 single family homes and 1 condo were reported sold this past week in Anderson County.
The average price of the homes reported sold this week was $194,358.
The median price of the homes reported sold this week was $175,000.
The average days on market of the homes reported sold this past week was 111 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 1225 SF 3 bedroom 2 bath house on 0.77 acres in Anderson.
It sold for $60,002 CASH after being on the market for 94 days if we combine both of the consecutive listings with the same agent/company. Originally hit the market at $84,320.
Located in the 29625 Zip Code and the LaFrance Elementary, Riverside Middle, Pendleton High school district per MLS listing.
Foreclosure. Built in 1990 according to county tax records but it looks like it has had a very hard life.
Wood exterior on crawl space construction. Septic tank but the listing does not say how it gets water.
The listing also uses the common method of describing the heat/AC as “Other – See Remarks” and then does not mention the HVAC in the remarks. There is a picture of a heat pump but whether or not it works or has been stripped is unknown.
IF repaired and updated, this home could sell for roughly twice what the buyer paid. The key thing is how much work the home actually needs and how much it will cost.
Probably best suited for an experienced investor with the cold hard cash to rehab this home.
You can see the 3 bedroom homes for sale in Anderson County SC under $65,000
Most Expensive Home Reported Sold
The most expensive home reported sold this week was a 3801 SF 5 bedroom 4 bath house on 1.7 acres in Williamston.
It sold for $435,575 after being on the market for 365 days. Originally hit the market at $442,882.
Located in the 29697 Zip Code and the Spearman Elementary, Wren Middle, Wren High school district per MLS listing.
Brand new never lived in 2 story home. Brick, cement plank and stone exterior on slab construction. 2 car attached garage. Architectural shingle roof. Electric forced air heat and central cooling. Public water and septic tank.
Spray foam insulation in the attic. Low E windows. Energy Star appliances. CFL/LED lighting. Fresh air management system and 14 SEER HVAC. Tankless water heater.
Carpet, ceramic tile and hardwood flooring. 2 story foyer and family room. Granite countertops, fireplace. Floored attic. Laundry room, media room. Tray ceilings and crown molding through out the down stairs.
Owner’s suite on 2nd level has 2 large closets, dual sinks, walk in shower and garden tub. Covered front and rear porch.
You can see the homes for sale in Williamston SC
Sold Deal of the Week in Anderson County
The best deal in my opinion of the sold listings this week was a 2000 SF 3 bedroom 2 bath house on 0.4 acres in the city limits of Anderson.
It sold for $164,000 after being on the market for 164 days. Originally hit the market at $189,000.
Located in the 29621 Zip Code and the Calhoun Elementary, Glenview Middle, Hanna High school district per MLS listing.
Stone and wood exterior on crawl space construction. Home built in 2003 per MLS listing. Architectural shingle roof. 2 car attached garage. Natural gas forced air heat and central forced cooling. Public sewer and water.
Den with vaulted ceiling. Sitting room with fireplace. Upgraded kitchen with granite countertops and stainless appliances. Sunroom, laundry room and workshop.
Main level owner’s suite has walk in closet and double sinks.
Fenced backyard with in ground pool. In addition to the attached garage is a one car detached garage for even more storage.
You can see the 3 bedroom 2 bath homes under $165,000 in Anderson County SC
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 16 foreclosed homes for sale in Anderson County South Carolina.
Today there are 6 homes listed as a short sale in Anderson County.
Inventory and Absorption Rate
Today there are 690 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 102 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 49 new listings to hit the MLS this week in Anderson County.
40 homes were reported as going under contract (Pending) this week in Anderson County.
Currently there are 315 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 7-29-2018 and is based on information from the Western Upstate Multiple Listing Service for the period 7-23-2018 through 7-29-2018. 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.