22 Homes Sold in Anderson County
There were 13 homes in Anderson, 3 in Easley (Powdersville), 1 in Greenville (Powdersville again), 1 in Honea Path, 1 in Pelzer, 1 in Piedmont, 1 in Townville and 1 in Williamston reported as sold this week.
19 single family homes, 2 town homes and 1 mobile home were reported as sold this week.
The average price of the homes reported sold this week was $121,686.
The median price of the homes reported sold this week was $92,900.
The average days on market was 112.
Remember this is for only 1 week and 22 homes!
Least Expensive Home Reported Sold
The least expensive home reported sold this week in Anderson County was a 1185 SF 3 bedroom 1 bath home on less than 0.25 acres in Anderson. It sold for $6,000 CASH after being on the market for 1 day. Originally listed for $8,000.
I hate some of the inquiries I get from super cheap homes. I am going to say it once again so maybe, possibly, hopefully, some delusional person will read this and it will sink in:
If a home is super cheap, there is a reason why.
Cheap homes are cheap for a reason. Often the condition is so bad, you would be better off tearing the home down and building a new one from scratch.
Or the location is so undesirable to buyers that the home MUST be priced super super low in order to get it to sell.
Sure, there are bargains to be had. If you are realistic about what a $5000 home is really like.
Considering that many lots for sale in this area are listed for more than $5,000, that should be the first clue a $5,000 home is very likely to be a piece of crap.
If this sounds rude, I apologize but it is the UGLY BUT HONEST TRUTH.
If you want fairy tales go see Mother Goose.
It you want the freaking truth about real estate, save this website to your favorites or subscribe to get updates via email / your RSS reader. I tell it like it is and will never lie about the realities of real estate.
Most Expensive Home Reported Sold
The most expensive home reported sold this week in Anderson County was a 2331 SF 3 bedroom 2.5 bath home on 0.33 acres in the city limits of Anderson. It sold for $335,000 CASH after being on the market for 10 days. Originally listed at $349,000.
Very limited details in the MLS and no pictures of the interior but what little information there is makes it sound like a super nice home. Cement plank/brick exterior, hardwood and tile floors. Granite counter tops, fireplace, smooth top stove.
Deal of the Week
In my opinion, the best deal of the homes sold this week in Anderson County was a 3047 SF 4 bedroom 2 full bath 2 half bath home on less than 0.99 acres in Anderson. It sold for $85,900 after being on the market for 64 days. Originally listed at $109,900.
Foreclosure. Needed work but considering the $/SF, this is still a good deal. Like I said above, you just have to be realistic about what you are getting when buying a home at a bargain price. If you are going to use a mortgage, then you MUST make sure you understand what condition issues will cause your lender to say NO.
Foreclosures and Short Sales
6 of the homes reported sold this past week were foreclosures.
2 of the homes reported sold were short sales.
Today there are 86 foreclosed homes for sale in Anderson County.
Inventory and Absorption Rate
Today there are 1420 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 451 days to sell all the available homes.
There were 34 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 3 bedroom 2 bath home with about 1400 SF in Piedmont that hit the market at $40,000. Foreclosure.
Needs work but it is located in the Wren school district and not too far from I-85. Stream on the property. 1 acre lot according to county records. Unusual home because part of it is A-frame.
16 homes were reported as going Under Contract (Pending) this week.
Currently there are 167 homes in the MLS with an Under Contract (Pending) status.
The Fine Print:
This is only the basics of what happened last week in Anderson County real estate.
This report covers what happened for the week ending 11-17-2013 based on information from the Western Upstate Multiple Listing Service for the period 11-10-2013 through 11-17-2013. 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.