If you are considering buying or selling a home in the Columbia, SC area the following market trends should be of interest to you and will give you some idea of what to expect:
Columbia Real Estate Market
The median sale price for homes in Columbia over the last 12 months is $136,500. The median mortgage debt is $75,627.
Additional Statistics for Single Family Homes and Condos in Columbia, SC
Median Listing Price
Median Days on Market
Distressed Listings (foreclosures and short sales)
Columbia, SC Price Trends - Sold vs. Listed
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.Some sales are not immediately available from public records. As they become available, the data are updated.
Columbia, SC Market Inventory Trends
The number of active listings in Columbia increased by6.1% from the previous month.The median number of days active properties have been listed is 71. This is significantly shorter than the national average.The number of sales in January dropped by 93.1%from the previous month.
Columbia, SC Property Ownership
The percent of owner occupied properties in Columbia is 21.72% below the national average.The percent of rental properties in Columbia is26.67% above the national average which is typical for urban areas.
Chapin, SC is known as "The Capital of Lake Murray" and with good reason. The residents of Chapin enjoy a relaxed lifestyle with the convenience of the city. Columbia, SC is just a quick 20 minute drive and shopping is even closer.You are embarking on an exciting journey, be sure that you find agents that will take time and share your enthusiasm during this process.
EXIT Midlands Realty is a full service real estate firm dedicated to assisting our clients with the purchase and sale of real estate in the Greater Columbia Area. We were founded in 2005 and quickly grew into one of the most innovative and knowledgeable firms in and around Columbia. Our staff is made up of full time professional agents that are dedicated to the profession of listing and selling real estate.
Call one of our experienced agents to assist you with your real estate needs. It would be an honor to work with you.
120 Pacific Avenue$192,400 Single Family 3 Beds, 2 Baths, 1
"The whole process was memorable. From looking at houses and Maria being willing to meet us anytime, to her doing everything she could to make the closing process go smoothly. Very thankful for her hard work!"