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RSS FeedSummerville, SC - Local Market Update |
Summerville, SC Local Market Update
Two words - GROWTH EXPLOSION! Summerville, SC is one of the fastest growing cities in the United States of America. Dorchester II school district is one of the best in the state. High school sports rule here Summerville High school has won many, many state titles in multi-sports. The Summerville High Football team is coached by the legendary "John McKissick" who in 2003 became the first football coach in America to win 500 games at any level(and he's still winning!). Summerville, SC is a very lovely town with lots of big southern oak trees with moss hanging down from the branches. There's plenty to do and see and within 30 minutes to downtown Charleston, SC.
Summerville, SC continues on a rapid growth rate. New neighborhood developments are springing up on all sides of town. 72 Houses sold in Jan. 2007 for 98.05% of list price with an average sales price of $204,875 with the average days on the market at 82 days.
| Month | Year | Monthly Sales | Avg ListPrice | Avg Sale Price | % Diff Sell/list | Avg DOM | Curr Inventory | Months Inventory |
| March | 2006 | 138 | $204,675 | $202,472 | 98.92% | 53 | 423 | 3.07 |
| April | 2006 | 99 | $208,794 | $206,906 | 99.10% | 37 | 479 | 4.84 |
| May | 2006 | 131 | $198,466 | $196,227 | 98.87% | 49 | 423 | 3.23 |
| June | 2006 | 173 | $224,205 | $220,569 | 98.38% | 42 | 467 | 2.7 |
| July | 2006 | 124 | $200,364 | $198,802 | 99.22% | 40 | 494 | 3.98 |
| August | 2006 | 109 | $204,215 | $202,608 | 99.21% | 50 | 571 | 5.24 |
| September | 2006 | 121 | $211,391 | $207,931 | 98.36% | 49 | 588 | 4.86 |
| October | 2006 | 122 | $221,849 | $218,805 | 98.63% | 61 | 581 | 4.76 |
| November | 2006 | 109 | $221,229 | $219,045 | 99.01% | 58 | 579 | 5.31 |
| December | 2006 | 95 | $207,567 | $204,428 | 98.49% | 72 | 571 | 6.01 |
| January | 2007 | 78 | $218,904 | $213,874 | 97.70% | 78 | 560 | 7.18 |
| February | 2007 | 106 | $212,626 | $208,110 | 97.88% | 91 | 556 | 5.25 |
| Current | 2007 | 29 | $202,087 | $200,068 | 99.00% | 89 | 610 | 21.03 |
