Western Upstate Home Sales Statistics through Third Qtr 2009
Here in the Western Upstate MLS there are currently 4222 residential homes listed in the MLS. The Western Upstate MLS is made up of Anderson, Pickens, and Oconee Counties.
Year to date through 9/30/09, only 1951 residential homes sold. That is down 22% verses the same period last year. The average “sold price” of homes is also down -9% verses the same period last year. The waterfront home sale units are down -24% verses year ago through September, and their home prices are down -5%. The days on market has increased to 160 days on market, which has increased verses the average number of days on market through last Sept 30th. The chart below shows the actual numbers with the statistics for the waterfront homes shown separately.
| Quarter | Homes Sold through September(Units) | Percent change vs previous year | Average Sold Price | Percent change vs. year ago “sold price” | Average Days on Market |
| All Homes Jan – Sept 2009 | 1951 | -22% | $159,416 | -9% | 160 |
| All Homes Jan-Sept 2008 | 2504 | -24% | $175,403 | -3% | 136 |
| All WF Homes Jan-Sept 2009 | 149 | -24% | $465,082 | -6% | 189 |
| All WF Homes Jan-Sept 2008 | 195 | -31% | $491,487 | -1 % | 137 |
Below is a table that shows the percent of homes selling in each price range. You will see that the “first time home buyer” price range is what is mainly selling this year so far:
|
Price Range |
Number of Units Sold |
Percent of Homes |
|
$1 – $100,000 |
765 |
39.2% |
|
$100,001 – $150,000 |
494 |
25.3% |
|
$150,001 – $200,000 |
267 |
13.7% |
|
$200,001- $275,000 |
195 |
10% |
|
$275,001 – $350,000 |
94 |
4.8% |
|
$350,001 – $500,000 |
71 |
3.6% |
|
$500,001 – $1,000,000 |
51 |
2.6% |
|
More than $1,000,000 |
13 |
.7% |
For the thirteen homes that sold for more than one million dollars so far this year, 12 of them were waterfront homes on Lake Keowee and one was a commercial home in Greenville.
Tags: home sales, Western Upstate
