Chapin South Carolina Real Estate Market Sets The Pace

Chapin South Carolina Real Estate Market Sets The Pace

Chapin, South Carolina is on the shores of Lake Murray and has been a hub of economic activity and growth the past few years. The most recent real estate data confirms that.  For the six months ending March 31, 2015 compared to the same time frame last year, the real estate market has been bustling as illustrated below:

  • 222 homes were sold, an 18.3% increase from prior year.

  • The average sales price of $284,413 was up 12.8% from prior year.

  • Average number days it took to sell a home in Chapin dropped from 122 to 105.

  • The number of homes in active inventory dropped from 4.5 to 2.8 months. In fact as of March 31, there were only 44 homes listed for sale in the Chapin zip code. This means if you are thinking of selling your home, NOW is a great time to do so because inventory (aka competition) is very low.

  • The Chapin market is on fire compared to the national market of which according to the National Association of Realtors, home sales in February were up only 1.2% from prior year.

With mortgage rates still near all-time lows, home sales and averages sales prices increasing and a low inventory, it a great time for both buyers and sellers to get in on the action in Chapin. With it's diverse neighborhoods such as Timberlake and  Night Harbor,  there is a home style for every taste. Checkout homes for sale in Chapin and as a teaser, take a look at the one listed below.

{mls: 370307}

Gary Heiligman Real Estate Professional advocating and negotiating on behalf of  Buyers and Sellers in  communities surrounding Lake Murray South Carolina including, ChapinIrmo, Lexington and Timberlake . Real Estate with Gary Heiligman associated with EXIT Midlands Realty, email [email protected] or call 803-271-9544 .


Maria Kitchens Headshot
Author:
Phone: 803-467-1694
Dated: April 9th 2015
Views: 1,029
About Maria: Maria Kitchens is a Real Estate Professional who has lived in Chapin, SC, for the past nine years wi...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

ITS TIME DILLE DILLE TIME - Thursday, Aug. 30UC Davis vs. San
513 Harbour Place Court Lexington For Sale - 513 HARBOUR PLACE COURT LEXINGTON,
Fall Events In The Greater Columbia Area 2018 - When the weather gets crisp and
Chapin Labor Day Festival And Parade 2018 - Scheduled Events Saturday,

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Midlands Realty
200 Clark St PO Box 807
Chapin, SC
803-753-4961
803-345-6126