Lake Murray SC Real Estate Report for June 2009

In the month of June there were 4 homes closed on Lake Murray with an average square foot sales price of $230.98 psf. The highest priced Lake Murray Homesold for $1,050,000 and the lowest priced Lake Murray Home sold for $327,250. These Lake Murray Homes were on the market for an average of 140 days.

For this same month last year there were 21 homes closed on Lake Murray with an average SF price of $170.32. The highest priced Lake Murray Home sold for $728,000.00 and the lowest priced Lake Murray Home sold for $166,500.00. These Lake Murray Homes were on the market an average 79 days.

The Lake Murray Home Sales have slowed significantly for this period as compared to last year. With Lake Murray Home Sellers experiencing longer days on the market and smaller sales volume many sellers are lowering prices to facilitate sales. If you have ever considered owning a Lake Murray Home there is no better time

June 2009	Average List: $609,350	Average List $/SF: $269.92	Average SF: 2258
Total Homes Sold: 8	Average Sold: $521,438	Average Sold $/SF $230.98	Average DOM: 140

June 2008	Average List: $421,790	Average List $/SF: $178.77	Average SF: 2359
Total Homes Sold:18	Average Sold: $401,852	Average Sold $/SF $170.32	Average DOM: 79

For the month of June 2009 there were 4 lots closed on Lake Murray and these Lake Murray Lots were on the market for an average of 257 days. The average price per Lake Murray Lot was $177,000.00 with an average of $505,714.29 per acre.

For this same month last year there were 2 lots closed on Lake Murray and these Lake Murray Lots were on the market an average of 370 days. The average price per Lake Murray Lot was $87,500.00 with an average of $486,111.11 per acre.

If you have not made plans for the 4th of July you might find my blog about the Lake Murray Fireworks interesting.


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Lake Murray Lexington SC Real Estate Specialist, Exit Realty, Exit Real Estate Consultants South Carolina, Mike McVey is your local expert for all your Real Estate needs in Lexington, Chapin, Irmo, Lake Murray SC and all surrounding towns and communities. You will have access to the most comprehensive MLS Listing Service with free tools for Buyers and Sellers. Lake Murray SC Water Levels, Water Temperatures, Fishing Reports, Marinas, Lakefront, and Waterfront Properties. I promise my service will impress you! Call me today (803) 206-5607