3rd Qtr Home Sale Stats in the Western Upstate of South Carolina

Western Upstate Home Sales Statistics through 3^rd Qtr 2010

There are currently 4234 residential homes currently listed here in the Western Upstate MLS. These numbers reflect all single family homes, condos, and townhouses, but do not include mobile homes. There are 824 waterfront homes listed and 7.5% of all the homes currently listed in the Western Upstate MLS are bank owned homes. The Western Upstate MLS is made up of Anderson, Pickens, & Oconee Counties. I am also happy to report that the number of units that sold year to date and the home prices have improved year to date. Below is a chart with the actual numbers which shows the statistics for the waterfront homes and Anderson County homes separately:

Year	Homes Sold through September 30	Percent change vs previous year	Average Sold Price	Percent change vs. previous year in sold price	Average Days on Market
All Western Upstate Homes ‘10	1961	+6.3%	$172,671	+1.8%	160
All Western Upstate Homes ‘09	1845	-20.4%	$169,632	-8.5%	163
Anderson Co Homes YTD	979	+9.6%	$140,039	+.06%	150
All Western Upstate Waterfront Homes ‘10	206	+42.1%	$453,624	-5.5%	189
All Western Upstate Waterfront Homes ‘09	145	-21.2%	$480,081	-6.1%	190
Anderson Co WF Homes through Sept ‘10	67	+52.3%	$283,723	-1.7%	178

Here is the percent of homes selling in each price range in the tri-county area:

Price Range	Percent of Homes Sold
Up to $200,000	76.1%
$201,000-$275,000	10.5%
$276,000-$350,000	4.8%
$351,000-$500,000	4.4%
$501,000-$850,000	3.3%
More than $851,000	.9%

Of the 18 homes that sold year to date in the “more than $851,000 price range”, all were in Oconee Co. except four homes in Pickens Co. and one in Anderson Co. I was encouraged to find that the < $200,000 price range declined from 78.9% to 76.1%, and all the higher price ranges grew in market share this year to date.