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Lake Murray SC Real Estate Report

Blog by Mike McVey
Lexington, South Carolina

Single family home sales on Lake Murray have slowed for the 1st quarter of 2009 as compared to the the previous two years.

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Lake Murray SC September Real Estate Report - Lake Murray SC Real Estate

Oct. 8, 2009

Lake Murray SC Real Estate Report for September 2009

 

There were eleven closings for single family homes on Lake Murray for the month of September. The average DOM for these listings were 133 days with an average square foot sales price of $153. Six homes sold in Chapin, two homes in Lexington, one home in Prosperrity, one home in Irmo, and one home in Leesville.

 

For the same time period in 2008 there were 13 homes closed on Lake Murray with an average of 138 DOM. These homes had an average square foot sales price of $189.

 

There are currently 285 homes listed on Lake Murray. These homes range in price from $159,000 to $3,750,000.

 

 

September 2009 Average List: $446,573 Average $/SF: $163 Average SF: 2733
Total Homes Sold:11 Average Sold: $417,855 Average Sold $/SF $189 Average DOM: 133
 
September 2008 Average List: $621,831 Average $/SF: $202 Average SF: 3075
Total Homes Sold:13 Average Sold: $579,692 Average Sold $/SF $189 Average DOM: 138
 
There were two lot sales on Lake Murray for the month of September. These lots were both located in Lexington in Cherokee Shores. One lot sold for $171,000 and was on the market for 140 days the other lot sold for $255,000 and was on the market for 29 days.
 
For the same period in 2008 there were 4 lots closed on Lake Murray with an average of 133 DOM. The average lot price was $205,288.
 
There are currently 343 listings for land on Lake Murray. The prices range from $29,000 to $4,500,000.
 
Although there are many variables that are associated with the property values on Lake Murray this data is a good indication that it is a good time to be in the market for the purchase of a home or land on Lake Murray.  
 

 

 

 
 

 


 

 

Lake Murray Lexington SC Real Estate Specialist, Exit Realty, Exit Real Estate Consultants South Carolina, Mike McVey is your local expert for all your Real Estate needs in Lexington, Chapin, Irmo, Lake Murray SC and all surrounding towns and communities. You will have access to the most comprehensive MLS Listing Service with free tools for Buyers and Sellers. Lake Murray SC Houses For Sale, Properties For Sale, Water Levels, Water Temperatures, Fishing Reports, Marinas, Lakefront, and Waterfront Properties. I promise my service will impress you! Call me today (803) 206-5607

 

 

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