Anderson County Market Report for the Week Ending 9-30-2011
11 Homes Reported Sold in Anderson County South Carolina
11 homes were reported as sold in Anderson County in the WUAR MLS for the week ending 9-30-2011 in Anderson County as of today. As always, there may have been more but the listing agent hasn't turned in the paperwork to the MLS to report the closing.
There was 1 condo, 2 mobile homes and 8 Stick Built Homes reported as sold this past week in Anderson County.
There were 7 homes in Anderson, 2 in Easley, 1 in Pendleton & 1 in Piedmont reported as sold this past week.
The average Days on Market for the homes reported as sold last week in Anderson County in the WUAR MLS was 167. This means it took an average of 167 days for these homes to sell. However you have to realize that this is just an average and does not account for any homes that were immediately relisted after expiring or being withdrawn.
The average price was $119,805 for the homes reported as sold last week in Anderson County in the WUAR.
The median price was $135,000 for the homes reported as sold last week in Anderson County in the WUAR.
The least expensive home reported sold this past week in Anderson County was a 1698 SF 3 bedroom 1 bath home on less than 0.5 acres in Anderson. It sold for $15,800 after being on the market for 126 days. Foreclosure. Needed work but not too bad especially considering the price.
The most expensive home reported sold this past week in Anderson County was a 2750 SF 5 bedroom 4 bath doublewide on 0.58 acres on Hartwell Lake in Anderson. Sold for $228,000 CASH after being on the market for 142 days. Covered dock in place plus this home was sitting on a full basement and has a detached 3 car garage.
In my opinion, the best deal of the homes reported sold this week in Anderson County was the most expensive home reported sold. I know I usually pick out a cheap home but this was great deal for a home on the lake. I am sure there will be some that turn their noses up because it is a doublewide and not a stick built home. But those same people are going to pay more and not get as good a location as this home. Incredible views of the lake from the deck and considering it had a HUGE covered dock in place, this was a freaking steal! A few years ago people were paying this much for a dockable lot.......
Of the 11 homes reported sold this past week in Anderson County, 6 were foreclosures and NONE were reported as a short sale.
Today there are 1580 active residential property listings in the WUAR MLS in Anderson County. There were 44 new listings in Anderson County added to the MLS last week. There are 120 active listings in the MLS that are foreclosures in Anderson County today.
The best deal to hit the MLS in Anderson County this past week in my opinion is a 1600 SF 3 bedroom 2 bath doublewide on 7 acres near Lake Secession. Asking $69,900 and this is a great price for a home in this shape on this much land that has a boat dock just down the street. When it hit the market I thought decent price until I looked at the satellite view and saw how nice the land and location is.
There are 187 homes being reported as being Pending (under contract) as of today in Anderson County. 17 homes were reported as going under contract this past week in Anderson County.
Considering how low mortgage rates are, it is amazing to me that more people are NOT buying real estate. Maybe buying isn't right for you or the too strict lending conditions have ruled home ownership out for you today. But if it makes sense for you to buy a home, right now there are some great deals and great mortgage rates.
If you want to look further back in time then check out:
Anderson County Market Report for the Week Ending 9-23-2011
Or maybe you are more interested in information for Oconee or Pickens County? Then please check out:
Oconee County Market Report for the Week Ending 9-30-2011
Pickens County Market Report for the Week Ending 9-30-2011
All data from the Western Upstate Association of REALTORS® Multiple Listing Service.
All snarky or sarcastic comments or opinions from Mark Brian.