31 Homes Sold in Anderson County
There were 16 homes in Anderson, 1 in Belton, 4 in Easley (Powdersville area or Wren school district), 1 in Fair Play, 2 in Honea Path, 2 in Pendleton, 2 in Piedmont and 3 in Williamston reported as sold this week.
29 single family homes, 1 mobile home and 1 “other” were reported as sold this week. The other was actually what appeared to be a town home.
The average price of the homes reported sold this week was $200,517.
The median price of the homes reported sold this week was $151,000.
The average days on market was 91.
Remember this is for only 1 week and 31 homes! Because these statistics are for only one week and cover all of Anderson County, it may not tell you what is possible for a specific home.
Least Expensive Home Reported Sold
The least expensive home reported sold this week in Anderson County was a 891 SF 2 bedroom 1 bath home on less than 0.25 acres in the city limits of Anderson. It sold for $18,500 CASH after being on the market for 287 days. Originally listed at $24,500.
This home is located in an area that many buyers would NOT consider attractive. But if you were looking for a rental/investment property, it could be a good deal as long as you ALWAYS properly screen your tenants.
Most Expensive Home Reported Sold
The most expensive home reported sold this week in Anderson County was a 3818 SF 6 bedroom 4.5 bath home on 2.24 acres in Piedmont. It sold for $812,000 after being on the market for 9 days. Originally listed at $829,000.
Really nice home in a gated community. Powdersville school district. 3 car garage. All kinds of bells and whistles but I really cannot see anything that would convince me this home is worth $812,000.
But the buyer thought this home is worth what they paid. More importantly, the appraiser and the bank that lent the buyer the money also felt the home is worth $812,000. But to me, I would expect more land or SF or for the home to be on the lake for this kind of price.
Sold Deal of the Week
In my opinion, the best deal of the homes sold this week in Anderson County was a 2581 SF 5 bedroom 2.5 bath home on 1.23 acres in the city limits of Pendleton. It sold for $74,000 after being on the market for 103 days. Originally listed at $88,900.
Foreclosure. Big lot and a big house for the price but it does need work. You probably already knew that based on the sold price but I have to say it so maybe it will enlighten the delusional…
Heat pump, fireplace, 2 car attached garage. Unusual home that appears to be part A-frame. Does not appear to be a complete gut and rehab but you are looking at extensive updating. It would be very easy to sink $75,000 into this home bringing it up to snuff. But that would still mean you got a good deal…
Foreclosures and Short Sales
7 of the homes reported sold this past week were foreclosures.
None of the homes reported sold was a short sale.
Today there are 88 foreclosed homes for sale in Anderson County.
Today there are 30 homes listed as a short sale in Anderson County.
Inventory and Absorption Rate
Today there are 1497 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 338 days to sell all the available homes. This statistic is for all homes in Anderson County and based only on this week’s activity. So depending on the specific home, it may not tell you what is possible for that home!
There were 83 new listings to hit the MLS this week in Anderson County.
This Week’s Hot New Listing
The best deal in my opinion of this week’s new listings in Anderson County is a brick 1689 SF 3 bedroom 2 bath home on 0.82 acres in Piedmont. It hit the market at $104,900.
Wren school district. Hardwood floors. Heat pump. Den with fireplace. Formal dining room. 2 car attached garage and detached workshop that has power and water. Does need updating but still a great price.
32 homes were reported as going Under Contract (Pending) this week.
Currently there are 239 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 5-4-2014 based on information from the Western Upstate Multiple Listing Service for the period 4-27-2014 through 5-4-2014. 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.
If you have questions about real estate in Anderson County South Carolina, please Contact Me!