In September 2023, Sumter County had 148 closed sales on single-family homes, up from last September which had 107 closed sales on single-family homes. The median sale price of a single-family home in Sumter County in September 2023 was $375,750, which is an almost 8% decrease since last year. The average sale price of a single-family home in Sumter County in September 2023 was $436,718, which is 4.7% decrease from last year. These are gradual changes in the market. We aren’t seeing any drastic changes in pricing.

The median time to contract on single-family homes in Sumter County in September 2023 was 28 days. In September 2022, the median time to contract was 25 days. However, during the year the median contract was consistently in the range of 32-53 days. Since this number is decreasing again, this is a sign to us that there is not enough inventory in our market. We are curious to see how this data changes over the next few months.

We will be closed Friday, November 10, 2023 in honor of Veterans Day. We will resume normal business hours on Monday, November 13, 2023.

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We appreciate your business. We value your real estate needs and are honored to serve you.

Sincerely,

Danny Smith, ALC, CCIM

Billie Faye Smith, Broker

Cassie Cribb, Realtor®

Lauren Vick, Realtor®

(352) 748-5656

www.ccimland.com

www.smithsmithrealty.com

 

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