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November 28, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Columbia, South Carolina

Reported by Rosemarie Averhoff, CRS &Kirstin Averhoff-Gilbert, CRS, CRS - CSP - ePRO - ABR - ASR - GRI - Broker Associate

Updated November 8, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




1
2
3
4
5
Falling

Rising

As of 11/8/2009 we have these AVERAGE Statistics from the MLS to report for the 29205 Zip Code:


The highest sold property in this zipcode was on: 210 QUEEN STREET SN 3 2/1 2,142 09/03/09 $315,000


Active 312 $238,882 1,790.00 $133.44
Active Contingent 8 $257,437 1,872.00 $137.46
Active Inspection 4 $234,950 1,815.00 $129.40
Pending 26 $204,857 1,640.00 $124.85
Closed 30 $208,689 1,714.00 $121.74

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 11:47:49 AM
Average sold price per SF in this zipcode is slightly up.



For the same time we have these average statistics for the 29204 Zip Code to report:


Active 125 $181,869 1,681.00 $108.18
Active Contingent 3 $176,133 1,803.00 $97.67
Active Inspection 3 $126,633 1,409.00 $89.83
Pending 24 $177,548 1,581.00 $112.24
Closed 16 $126,421 1,421.00 $88.91

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 11:50:28


The highest sold property was 3100 TRENHOLM ROAD SN 3 1/0 1,570 10/22/09 $186,000



For the same time we have these average statistics for the Zip Code 29201 :


Active 264 $282,030 1,563.00 $180.43
Active Contingent 2 $204,750 1,454.00 $140.82
Active Inspection 1 $199,900 1,650.00 $121.15
Pending 41 $212,823 1,534.00 $138.65
Closed 10 $159,597 1,639.00 $97.35

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 12:06:18 PM


The highest sold property was:

1308 GEIGER AVENUE SN 4 3/1 3,400 10/08/09 $360,000




For sale in 29223 Zip Code Area we have these average statistics to report.


Active 345 $214,110 2,164.00 $98.91
Active Contingent 9 $137,126 1,875.00 $73.11
Active Inspection 4 $134,800 1,666.00 $80.91
Pending 72 $150,488 1,886.00 $79.77
Closed 50 $154,167 2,043.00 $75.45

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 12:11:13 PM

Higest sold home was 152 BELLEFORD RIDGE ROAD 86 SN 5 3/1 3,700 11/04/09 $460,000

For the 29229 Zip Code Area we have these average statistics to report for the same time frame up to $175,000:


Active 337 $136,705 1,698.00 $80.48
Active Contingent 9 $138,411 1,966.00 $70.38
Active Inspection 3 $131,766 1,693.00 $77.80
Pending 76 $128,056 1,724.00 $74.26
Closed 46 $129,195 1,848.00 $69.89

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 12:15:19 PM


Active 195 $124,500 1,568.00 $79.40
Active Contingent 10 $112,120 1,562.00 $71.77
Active Inspection 1 $102,000 1,268.00 $80.44
Pending 67 $118,789 1,677.00 $70.82
Closed 44 $116,862 1,658.00 $70.46

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 4/14/2009 4:09:55 PM



For the same criteria in the 29229 Zip Code area we have these statistics to report and I have to break up the price because there are a lot of properties for sale:


Up to $175,000 we have these averages to report:


Active 337 $136,705 1,698.00 $80.48
Active Contingent 9 $138,411 1,966.00 $70.38
Active Inspection 3 $131,766 1,693.00 $77.80
Pending 76 $128,056 1,724.00 $74.26
Closed 46 $129,195 1,848.00 $69.89

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 12:23:53 PM

From $175,000 and up:

Active 292 $270,393 2,792.00 $96.83
Active Contingent 4 $221,200 2,367.00 $93.44
Active Inspection 1 $389,900 3,576.00 $109.03
Pending 29 $231,957 2,756.00 $84.16
Closed 25 $228,842 2,659.00 $86.03

Information Herein Deemed Reliable, but Not Guaranteed. © 2009 by CMLS 11/8/2009 12:18:47 PM

The highest sold properties during the same time frame:
4 107 SAILING CLUB DRIVE SN 5 3/1 3469 LAKE CAROLINA SUMMERLIN BY LAKE $330,000





--------------------------------------------------------------------------------


All real estate markets are unique and influenced by local demand, local land-use and building rules, and a host of other factors one cannot see from the generalized scope of national news coverage.


We know Columbia and surrounding areas very well. We relocated here ourselves 1991 and made it our home.
Buyers from the local and other areas, different states and countries relocate here for a new job, business or Fort Jackson, Many people return to Columbia to retire here and many people select Columbia for new employment opportunities. NOTE: US News calls Columbia one if the 10 best affordable places to retire to per State Paper 9/30/09.

Please visit our website for links for information about Columbia and Lake Murray. Please contact us for assistance. Homes range from low 100's to over millions. Average home is around $140's. Some neighborhoods have community pools, tennis courts and sidewalks. New construction in general has smaller lots, but we have neighborhoods with larger lots as well. Older downtown neighborhoods are very popular and prices have gone up considerably. Please contact us for the individual zipcodes you may be intersted in and we gladly furnish details.
My daughter and I have been a team since 1996 and I have sold Real Estate since 1993 as consistent top producer. We know the market and look forward to assist you whether you buy or sell, or do both.

Not every real estate market is the same. Ask us how ours is doing.


All real estate markets are unique and influenced by local demand, local land-use and building rules, and a host of other factors one cannot see from the generalized scope of national news coverage.

Please contact us for more details for buying or selling real estate.
It is a great time to purchase a home with the interest still. It is not too late to collect up to $8.000 after closing from your taxes if you can close by 6/30/10. This applies for 1st time buyers and people that have owned a home before but rented for the last 3 years. MOVE-UP BUYERS cam receive up to $6,500 with the same time frame to close.


We look forward to hear from you and to assist you now or in the future.

ZIP Codes: 29205, 29201, 29204, 29223, 29229

Approximate Location Boundaries: Congareee River, US# 1, Fort Jackson, I-77, This is the downtown area

Location Characteristics: Columbia is a wonderful place to live and retire to! Our climate attracts many people to permanently make this their home if you were not born and raised here.You will find historic areas with treelined streets and beautiful Southern Homes that feature front porches, carriage drop offs, high ceilings and gorgeous old hardwood floors.Residents enjoy walking on sidewalks shaded by mature trees. Beautifull older structures that ae being thought after and refurbished. Shandon is one of the older popular areas in the downtown area and desired by young professionals and USC Students. Cotton Town, Forest Acres and a few more are very attractive areas to reside in. The Saluda and Broad River are in the city and for a long time there has been talk about developments along the rivers and some are in progress.

US News reported recently (per The State Paper 9/30/09) that Columbia is in the 10 best affordable places to retire to. They said that "Retirees want a more diverse set of opportunities and they can find that in a university town".
US News said it "thought out places with low cost of living and reasonable housing prices that still offered access to the services and amenities that people should look for in an ideal retirement spot"

Columbia has been growing over the years and still continue to grow. Many businesses can be found here such as Michelin, Blue Cross Blue Shield, Siemens, Bose, UPS, Computer Science Corp, a variety of large Banks and Hospitals provide emloyment and more. You will love it!

The city is making improvements, maintaining older buildings, new landscaping, more parking, new stores, and keeping everything very clean. Beautiful downtown Townhouses and Condo's are offered at a prime price, some have river views. Parks for outdoor recreation, river access and river development. Canalside is one of them and popular to the crowd that likes to work and live downtown. Check out www.capitalplaces.com for new downtown condominiums and don't forget to ask us to represent you here and with any other property. On-site agents represent the builder and developer never the buyer.
I-126 brings you straight into downtown and Elmwood Avenue, or you can take Huger street before you get to Elmwood Avenune and take streets like Gervais Street from here. You will find many nice restaurants off Gervais Street, the Vista area. Fine dining and entertainement, the Museum, Ed-Aventure and more.

Five Points is in the downtown area mostly known for college students to hang out. It is called Five Points because 5 streets come together here. There is a beautiful fountain in the middle. You wil find shops, boutiques and restaurants here and many people enjoy teh annual St. Patricks Day Parade when mmost surrounding streets get closed off for the occasion.

Of course there are some new areas as well mostly in the NE Columbia area. You will find something in the right price range for families that serve our country close to Fort Jackson. There are many homes in all kinds of price ranges and some feature pools and tennis courts.

It may surprise you to find that the Columbia area has some sloped lots nad many beautiful trees. It is a beautiful city and a great place to retire to and or work. You will find large hospitals, banking, legal offices and more. Live here and enjoy the year-round recreation offered to you.


The Vista area has many nice restaurants and you will even find you can sit outdoors and eat. It is in the 60's and 70's in April, everything is green and blooms. People enjoy the outdoors already, whether they go to the Vista or a bike ride or walk along the river.

NOTE: Please remember that every real estate market is different. Give us a call if you are interested in buying and or selling. We'll prepare an updated market analysis to let you see what our market is doing, buying and selling.


We look forward to hear from you and gladly answer your questions and assist you with all your real estate needs.




For More Information:

View Market Conditions of other areas served by Rosemarie Averhoff, CRS &Kirstin Averhoff-Gilbert, CRS

Navigate: Top > South Carolina > Columbia

About Rosemarie Averhoff, CRS &Kirstin Averhoff-Gilbert, CRS:
Whether you move down the block, across the country, the city, or to anther continent...
Please give us a call. We can assist with all your real estate needs now or in the future.
Our business is built on referrals and repeat business. I have sold a millions of dollars in Real Estate since 1993, Kirstin since 1996. We are both Certified Residential Specialists CRS and Certified New Home Specialists CSP

We are relocation specialists and like to represent you with a NEW home or existing home purchase. We have access to any listing.

We look forward to assist you now or in the future.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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