Western Upstate Home Sale Stats 4th Qtr 2009

Western Upstate Home Sales Statistics through 4th Qtr 2009

Here in the Western Upstate MLS, 2670 residential homes sold in 2009. That is -13% (down) of the number of units sold verses the same period last year. The Western Upstate MLS is made up of Anderson, Pickens, & Oconee Counties. The waterfront home sales here in the Upstate have been hit the hardest. Their sales are -33%(down) in units verses last year, however the average sold price is stable verses that same period last year. The average price of all homes across the Western Upstate is
-7%(down) verses through 4th quarter year ago. You will also see the average days on market has increased this year vs. last year as well. Below is a chart with the actual numbers which shows the statistics for the waterfront homes on Lake Hartwell separately:

Year Homes Sold through Dec ‘08 Percent change vs previous year Average Sold Price Percent change vs. previous year in sold price Average Days on Market
All Homes-2009 2670 -13% $159,558 -7% 157
All Homes -2008 3086 -27% $172,410 -.04% 136
All Western Upstate WF-2009 211 -33% $456,770 +.002% 184
All Western Upstate WF-2008 229 -31% $500,412 +1.2% 139

Here is the percent of homes selling in each price range:

Price Range Percent of Homes Sold
Up to $200,000 61.3%
$201,000-$275,000 14.7%
$276,000-$350,000 14.9%
$351,000-$500,000 3.7%
$501,000-$850,000 2.4%
More than $851,000 .9%

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