According to the State paper today and the South Carolina Realtors Association report.
Columbia SC-area home sales continued to fall in the first two months of 2008, but declines elsewhere were steeper, the South Carolina Realtors reported Thursday.
The report, which included both January and February numbers, showed typical sales prices were 3 percent lower in January than they were in January 2007, but rose 6 percent in February. Statewide, prices fell about 5 percent in January, and rose 1 percent in February.
The number of homes sold fell 7 percent in January and 9 percent in February in the Columbia area. Statewide, the declines were 21 percent for January and 19 percent for February.
I know other areas are having much larger home sales dropped. What a great time to be a buyer and a bad time to be the seller.
www.lauraslexingtonhomes.com and www.lauraslexingtonsc.com
Copyright © 2009 by Laura Jefferson, Acquire Real Estate
I specialize in Buying and Selling Lexington South Carolina Real Estate in and around the Midlands of South Carolina. If you are thinking about buying or selling your home in Lexington, Lake Murray, Gilbert, Irmo, West Columbia, Columbia, Red bank, Pelion, Gaston, Chapin, Prosperity, Saluda, Newberry or other surrounding areas of South Carolina, and more importantly, want to work with the local area expert, please contact me at your earliest convenience.
Laura,
Your market sounds similar to ours. Yikes! Makes me want to put a qualified buyer in the car and not let them out until they buy or die....but I can be dramatic that way.
Have a great weekend!