Western Upstate Home Sales Statistics through 1st Qtr 2010

I am so excited to be sharing some positive information and numbers. After three years of doing these quarterly updates, this is the first time I’ve had a chance to report positive numbers. Here in the Western Upstate MLS, 538 residential homes sold year to date in 2010. That is an increase of +6% verses the same period last year of number of units sold. The Western Upstate MLS is made up of Anderson, Pickens, & Oconee Counties. The average price of all homes across the Western Upstate is also a positive number! It is +5% verses through 1st quarter year ago. The average sold to list price is 93% year to date in the Western Upstate MLS. Below is a chart with the actual numbers which shows the statistics for the waterfront homes on separately:

 

Year Homes Sold through March 31 Percent change vs previous year Average Sold Price Percent change vs. previous year in sold price Average Days on Market
All Homes-2010 538 +6% $175,846 +5% 156
All Homes -2009 508 -31% $168,194 +3% 155
All Western Upstate WF-2010 56 +37% $512,044 -8% 195
All Western Upstate WF-2009 41 -35% $545,217 +19% 222

 

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

 

Price Range Percent of Homes Sold
Up to $200,000 74.7%
$201,000-$275,000 11.2%
$276,000-$350,000 4.8%
$351,000-$500,000 4.1%
$501,000-$850,000 3.9%
More than $851,000 1.3%

 Visit my website at www.CallNancyLamar.com

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