Lexington SC Real Estate - Some Residents Will See a Water and Sewer Rate Hike

Posted: Wednesday, February 25, 2009 - 0 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ]

Lexington SC Real Estate - Some Residents Will See a Water and Sewer Rate Hike

Some owners of Lexington SC Real Estate may be in for a water and sewer rate increase on July 1. In the most recent edition of the Lexington Chronicle it was reported that the proposed 3% rate increase for customers of the Town of Lexington could take effect mid summer if the increase is approved by the council. The proposed increase could cost the average in town user an extra $2.00 per month. According to the article this would be the first of more increases to come over the next 5 years. The fast pace growth of Lexington SC Real Estate has caused some issues like this to arise, but increases like this are necessary sometimes to keep up with the growth.

LEXINGTON SC HOME SALES STATISTICS

The Lexington market had a little slow down on the listing side, which was expected, but the sales are up and DOM is down. I know in our office we have seen a big pick up in the market ! Irmo also followed suit with more homes sold and a decrease in DOM. Lake Murray sales are still very slow, but this period did show an increase in listings. Chapin sales were up big, which is very encouraging for all of us. Columbia and Northeast Columbia both experienced some similar numbers in activity for the week. Overall, numbers like this tell me the sales are picking up and moving some existing inventory in advance of our typical Spring market.

2-13-09 through 2-19-09

Median Price

Homes Listed

% Change

Homes Sold

% Change

Days on market

Lexington SC Weekly Real Estate Statistics

$155,000

Down 40%

Up 7.5%

Irmo Weekly Real Estate Statistics

$109,000

Down 8%

Up 20%

Lake Murray Weekly Real Estate Statistics

$625,000

Up 30%

Down

50%

Columbia Weekly Real Estate Statistics

$145,950

Down 10%

Up 27%

186

Chapin Weekly Real Estate Statistics

$169,027

Down 16%

Up 80%

Northeast Columbia Weekly Real Estate Statistics

$147,000

Up 38%

Lexington SC Entry Level Homes [less than $125K]

Lexington SC Median Homes [$125K ~ $300K]

Lexington SC Upscale Homes [$300k ~ $600K]

Lexington SC Luxury Homes [over $600K]

Lexington SC Lots and Land for Sale

Columbia Real Estate
for Sale

Lexington SC Real Estate, Columbia SC
Exit Real Estate Consultants is your local expert in all your Real Estate needs in Lexington, Irmo, Lake Murray, and Columbia South Carolina. You have access to the most comprehensive MLS Listing Service with free access and lots of tools for Buyers and Sellers - put us to work for you; our service will impress you! (803) 358-0888

Lexington SC Real Estate Growth Cause for Landscape Ordinance Change

Posted: Wednesday, February 18, 2009 - 0 comment(s) [ Comment ] - 0 trackback(s) [ Trackback ]

Category: Lexington SC Real Estate

Lexinton SC Real Estate Growth Cause for Landscape Ordinance Change

In the most recent edition of the Lexington Chronicle it was reported that County Council is considering changes to a 10 year old plan designed to protect scenic corridors and trees in the county. The council is considering some mapping changes to make the overall plan more inclusive. County Planning director Charles Compton is quoted, "The new maps could include all areas of the county." This should be a positive for Lexington SC Real Estate as the governmental agencies in the area keep up with the growth. One other changed mentioned will have an impact on golf course communties like Golden Hills. This proposed change could protect homeowners from development if golf course areas are abandoned inside the subdivision. The proposed changes still need two more votes from County Council to become law.

LEXINGTON SC HOME SALES STATISTICS

Sales numbers so far for the year appear to still be all over the place! One week of positive trends followed by a week of down seems to be the norm these days. As we approach Spring, there should be a better pattern develop for the market as a whole. Lexington SC Real Estate Sales are still a little sluggish and Lake Murray Real Estate sales seem to be the slowest to make a come back. Chapin saw a nice jump in listings for the week, but sales remained slow.

2-6-09 through 2-12-09

Median Price

Homes Listed

% Change

Homes Sold

% Change

Days on market

Lexington SC Weekly Real Estate Statistics

$150,950

Down 9%

Down 33%

106