Lexington South Carolina Market Report March, 2009 Area 11 zip code 29072 of Lexington County.
Lexington South Carolina Area 11 zip code 29072 Is still thriving with very little job loss or business closure. We are a strong community to live in with today's economy. Because of the prestigious Lexington 1 School districts rankings in South Carolina we will remain stable with a small appreciation of Real Estate Values over the next few years. Lexington SC is still a very sought out community.
75 homes were sold in Lexington South Carolina 29072 zip codes in March, 2009. That's really a great number for such a small part of Lexington County. County wide there were 106 sales. The average selling price was $156,753.00 with 40 days on market averages.
There has been very little foreclosure in the 29072 Lexington SC market and short sale are not normal. There are a few but not many. Expect to pay near market prices with some seller concessions being made. The largest portion of great deals are on homes above $250,000.00 with builder distress being where the deals are. I know of several Builder Distressed sales in Lexington South Carolina on high end executive homes.
Inventory levels are still good but are depleting at a faster rate with buyers starting to get off the fence.
All in all 2009 is still looking great for Lexington South Carolina home owners!
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Copyright © 2009 by Laura Jefferson Lexington South Carolina's Realtor
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Chip Jefferson
Great information to post.