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Current Price Trend: 2
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Looking to buy a house?
With these historical low interest rates and the good buys that are offered in this buyer's market it is a good time to purchase a home.
If you have to sell a home and look to move and buy another home you may sell it for less than before 2008 but you are also buying low and when the market improves you have a low interest rate fixed for 30 years and you are in the right place when the values increase.
If you wait until prices go up you are also paying more when you buy and potentially interest rates increase.
As of January 14, 2012 we have these AVERAGE Statistics from the Multiple Listing Service MLS to report for the past 30 days in Columbia and the 29201 Zip Code:
Active 104 $197,527 1,787 $110.55
Active Contingent 2 $184,450 1,736 $106.25
Active Inspection 2 $192,450 2,142 $89.85
Pending 5 $183,140 1,951 $93.88
Closed 7 $162,814 1,910 $85.26
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:44:06 PM
The highest SOLD Property was:
1828 GREENE STREET SN 4 2/1 3,175 01/12/12 $295,000 $92.91
The market changes with time. New homes come on the market and others sell. Foreclosures may change the averages as well and that changes monthly.
29204 Zip Code:
tive 152 $176,106 1,791 $98.31
Active Contingent 1 $37,500 1,274 $29.43
Pending 25 $85,049 1,479 $57.50
Closed 7 $110,445 1,623 $68.05
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:48:09 PM
The highest SOLD property during this time was:
1430 IVY LANE SN 3 2/1 2,344 12/21/11 $272,000 $116.04
For the 29205
Active 209 $250,792 2,004 $125.16
Active Contingent 2 $117,700 1,345 $87.51
Active Inspection 2 $189,450 1,526 $124.15
Pending 21 $174,833 1,725 $101.36
Closed 9 $154,461 1,677 $92.09
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:50:16 PM
The market is slight down in this Zip Code.
The highest SOLD Property during this time was
215 SLOAN STREET SN 3 1/1 1,222 01/13/12 $183,000 $149.75
We have these average statistics to report for Zip Code 29229 :
Properties up to $150,000:
Active 248 $117,972 1,750 $67.43
Active Contingent 5 $112,960 1,673 $67.53
Active Inspection 2 $125,200 2,140 $58.50
Pending 45 $106,970 1,816 $58.91
Closed 33 $102,486 1,821 $56.29
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:52:55 PM
Properties from $150,001 and up:
Active 277 $226,045 2,729 $82.83
Active Contingent 5 $189,578 2,565 $73.92
Active Inspection 1 $270,000 2,740 $98.54
Pending 27 $220,827 2,807 $78.67
Closed 27 $225,437 2,908 $77.51
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:54:56 PM
The highest SOLD property was:
413 SPINNAKERS REACH DRIVE SN 4 4/1 3,915 12/30/11 $474,900 $121.30
For the 29223 Zip Code area we have the following statistics to report up to $150,000 for the last 30 days :
Active 315 $188,417 2,235 $84.29
Active Contingent 9 $157,821 2,213 $71.31
Active Inspection 2 $94,700 1,657 $57.17
Pending 50 $142,545 2,011 $70.87
Closed 26 $150,349 2,172 $69.23
Information Herein Deemed Reliable, but Not Guaranteed. © 2012 by CMLS 1/14/2012 12:57:54 PM
Slightly up in this Zip Code area.
The highest SOLD property during this time was:
121 PEBBLE CREEK ROAD SN 5 3/2 4,400 12/30/11 $549,900 $124.98
With foreclosures still coming on the market the average sales price will change throughout Columbia from month to month. Some listings sell and new listings come on the market.
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 the surrounding areas very well. We list and sell property in all areas because many relocating buyers like to see more than one area before they make the decision where they like to buy and live. We relocated here ourselves 1991 and made it our permanent home.
Buyers from the local and other areas, different states and countries relocate here for a new job, business. retire or come to 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 Zip Codes you may be interested 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.
Thank you for taking the time to read our newsletter. We hope that you found it informative. Our news letter gets updated monthly. We hope that you enjoyed it. Feel free to share it with someone. We welcome your questions. We look forward to hear from you now or in the future and possibly to serve you.
Thank you,
Rosemarie & Kirstin
ZIP Codes: 29201, 29204, 29205, 29223, 29229
Approximate Location Boundaries: Congareee River, US# 1, Fort Jackson, I-77, This is the downtown area
Location Characteristics:
South Carolina is frequently recognized by publications and organizations as one of the most business-friendly states. See What People Are Saying About The Palmetto State:
http://sccommerce.com/about-sc-commerce/national-recognitions?gclid=CIDIspjzz60CFRFV7AodO1bmmg
Per Daily Report dated Jan 3, 2012 Columbia ranks 3rd as top destination to relocate
http://www.columbiabusinessreport.com/news/42177-s-c-ranks-no-3-among-top-magnet-states
Columbia Regional Business Report dated July 2, 2011 reports that Columbia is ranked #73 on FORBES magazine's annual list of the Best Places for Business and Careers, released Wednesday.
Columbia is a wonderful place to live and retire to!
11/30/09: Forbes says SC metro areas among fastest recovering MSAs, Columbia is ranked #35. Click this link to see the article www.Columbiabusinessreport.com/news/31890/print
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 tree lined streets and beautiful Southern Homes that feature front porches, carriage drop off's, high ceilings and gorgeous old hardwood floors. Residents enjoy walking on sidewalks shaded by mature trees. Beautiful older structures that are 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.
Columbia Regional Business Report 7/18/2011 states that sales were down in all of the state's 15 real estate markets except Sumter-Clarendon, which reported an 8.5% increase for June compared with the same month in 2010.
According to the report, real estate agents in that market sold 127 homes in June, 10 more than in June 2010. The area's median price was up 17.4% to $138,500 in June, compared with $118,000 a year ago.
Realtors in the area said home sales were brisk because of the recent move to Shaw Air Force Base of more than 1,000 soldiers assigned to the 3rd Army headquarters.
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 continues 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 employment 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 people 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 Avenue and take streets like Gervais Street from here. You will find many nice restaurants off Gervais Street, the Vista area. Fine dining and entertainment, the Museum, Ed-Venture 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 will find shops, boutiques and restaurants here and many people enjoy the annual St. Patrick's Day Parade when most 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 and 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 most of the time during the year. Summers and winters are short you will find and tolerable for the most part. 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.
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. We have sold around $100 million in Real Estate since 1993. My daughter and partner Kirstin since 1996. We are both Certified Residential Specialists CRS, Certified New Home Specialists CSP, e-PRO Certified and ABR's Accredited Buyer Representatives
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.
