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1/31/2010   2009 Western Upstate Home Sales Statistics    Here in the Western Upstate MLS, 2,670 residential homes sold in 2009. That is a decrease of 13% from the number of units sold in 2008. The Western Upstate MLS is made up of Anderson, Pickens, and Oconee Counties. The average price of all homes sold across the Western Upstate was down 7% versus 2008. You will also see the average days on market has increased in 2009. Below is a chart with the actual numbers, which shows the statistics for the waterfront homes on Lake Hartwell separately.   Year Homes Sold through Dec. ‘08 Percent change vs. previous year Average Sold Price Percent change vs. previous year in sold price Average Days on Market All Homes-2009 2,670 -13% $159,558 -7% 157 All Homes -2008 3,086 -27% $172,410 -.04% 136 All Western Upstate Waterfront-2009 211 -8% $456,770 -9% 184 All Western Upstate Waterfront-2008 229 -31% $500,412 +1.2% 139 Here is the percent of homes selling in each price range: Price Range Percent of Homes Sold Up to $200,000 61.3% $201,000-$275,000 14.7% $276,000-$350,000 14.9% $351,000-$500,000 3.7% $501,000-$850,000 2.4% More than $851,000 .9% To see if you qualify for one of the tax credits, click on this link: http://www.federalhousingtaxcredit.com/ This information was provided by Teakwood resident and realtor Nancy Lamar. For additional information, contact Nancy at 864-844-4896 (toll-free at 1-877-602-7906) or nancy@nancylamar.com.

11/1/2009   Western Upstate SC Home Sales Statistics    Here in the Western Upstate, there were 4,222 residential homes for sale listed in the MLS at the end of September. The SC Western Upstate MLS is made up of Anderson, Pickens, and Oconee Counties.  Year to date through September, only 1,951 residential homes sold. That is down 22% versus the same period last year. The average “sold price” of homes is also down -9% versus the same period last year, and the average number of days on the market has increased from 136 to 160 days. Waterfront home sale units through September are down -24% versus a year ago, and waterfront home prices are down -5%. The average days on market has increased from 137 to 189 days.  The charts below shows the actual numbers including the average “sold prices.” All Homes in the Western Upstate MLS For Period from January 1 to September 30 Period Number of Homes Sold (Units) Unit Sales % Change vs. Year Ago Average “Sold Price” “Sold Price” % Change vs. Year Ago Average Days on Market 2009 1st 9 Months 1,951 -22% $159,416 -9% 160 2008 1st 9 Months 2,504 -24% $175,403 -3% 136   Waterfront Homes in the Western Upstate MLS For Period from January 1 to September 30 Period Number of Homes Sold (Units) Unit Sales % Change vs. Year Ago Average “Sold Price” “Sold Price” % Change vs. Year Ago Average Days on Market 2009 1st 9 Months 149 -24% $465,082 -5% 189 2008 1st 9 Months 195 -31% $491,487 -1 % 137  Below is a table that shows the percent of homes selling in each price range. You will see that the “first-time-home-buyer” price range is mainly what is selling so far this year. Price Range Number of Units Sold Percent of Homes $1 - $100,000 765 39.2% $100,001 - $150,000 494 25.3% $150,001 - $200,000 267 13.7% $200,001- $275,000 195 10% $275,001 - $350,000 94 4.8% $350,001 - $500,000 71 3.6% $500,001 - $1,000,000 51 2.6% More than $1,000,000 13 .7% For the thirteen homes that sold for more than one million dollars so far this year, 12 of them were waterfront homes on Lake Keowee, and one was a commercial home in Greenville. This information was provided by Teakwood resident and realtor Nancy Lamar. For additional information, contact Nancy at 864-844-4896 (toll-free at 1-888-678-2100) or nancy@nancylamar.com.