Real Estate Market Updates Week of May 11, 2020 Irmo Chapin Area

Dated: 05/15/2020

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Real Estate Market Updates 

May 11, 2020 week Irmo/Chapin Residential Area 

The housing market has remained very much a seller's market even through the COVID19 shut down.  The Real Estate Industry has remained an essential service in South Carolina and as the state is opening up restaurants, bars, salons, parks, beaches, there is an influx of out of state buyers and renters.  Vacation Rentals are open up for business here in the Midlands along with hotels and motels. 

Within the past 7-10 days the following has been recorded: 

18 New listings 
22 Under Contract (Pending Sales)
4  Closings 

Median account for days on the market is 7 which is lower than the average.

Median SOLD price is $181,500 for the area.

Total amount in sales of $731,890

Although some of these numbers are much lower than last week, keep in mind that this does not reflect anything
negative in the forecast.  From my experience, I find closings seem to occur later in any given month.  Which is why I try hard to schedule closings in the middle of a month so that my clients receive better attention. 

If you have any questions, comments, concerns, rants, curiousities....  Please reach out to me! 

I would be more than happy to provide you with a market report specific to your home. 

 Columbia Metro Area Homes for SaleYvonne Torres-Baatz (Pinelli), Real Estate Agent with Southern Shores Real Estate Group in Chapin, SC. Advocating for sellers and buyers with professional real estate services. Nothing compares to having a real estate agent providing true data and research to make an informed and educated decision. You can get information about real estate in ColumbiaChapinIrmoLexington SC by contacting me: Yvonne Torres-Baatz (Pinelli) 803-586-9070 

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Yvonne Torres-Baatz

Yvonne Torres-Baatz is a local real estate agent servicing the Columbia-Chapin SC market for Southern Shores Real Estate Group in the Midlands. No one makes oatmeal raisin cookies that taste as go....

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