We Specialize In These Columbia Area Communities

Ballentine - Batesburg - Bethune - Bishopville - Blythewood - Camden - Cassatt
Cayce - Chapin - Eastover - Elgin - Forest Acres - Gaston - Gilbert - Hopkins
Irmo - Kershaw - Leesville - Lexington - Liberty Hill - Little Mountain - Lugoff
Newberry - North - Pelion - Poniac - Rembert - Ridgeway - Springdale
St. Matthews - Swansea - West Columbia - White Rock - Winnsboro

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2017 Quarter One Market Update

Today I wanted to update you on the state of the real estate market in the Midlands and how our first quarter turned out.

We’ve got good news. The market continues to improve, and today I want to give you some statistics from the first quarter of 2017 for you to think about.

This time last year, in the first quarter from the 1st of January to the end of March, 2,423 houses went on the market and sold. This year, the number of properties sold in the first quarter jumped up to 2,663. This is an almost 10% increase in volume.

Homes have also sold quicker this quarter than the same time last year. We’re seeing a 10% decrease in the time it takes for a home to sell this year, which is great for our market.

More houses are selling at higher prices, and they are selling closer to the asking price.

Home prices have also gone up in the Midlands this quarter compared to the first quarter of 2016. This time last year, houses were listed for an average of $179,482. This year, the average home price has gone up to $182,332. This 1.6% increase seems small, but it is a sign that the market is going in the right direction.

We’ve also noticed that the “negotiable factor,” or the amount that the average seller has to discount in a negotiation, has seen a bit of a shift as well. Last year, sellers were getting 96.75% of their list price on average. This year that average has gone up to 97.07%, which is pretty great.

More houses are selling at higher prices, and they are selling closer to the asking price. This all good news—we are going in the right direction. The Midlands is not only a great place to live, but real estate in the Midlands is a good investment as well.

If you have any other real estate questions or you’re looking to buy or sell a home, please don’t hesitate to reach out. I’d be happy to help.

How We Can Help You Buy or Sell Anywhere in the Country

We’re part of a network of top agents that spans the entire country so we can help buyers and sellers in any area reach their goals.

As you know, our team covers the whole Midlands in South Carolina, so we can help anyone in that area buy and sell their homes effectively. 

Our ability to help you spans both coasts.

However, there’s something else you should know about us. We’re also part of a countrywide network of agents who are the No.1 or No. 2 ranked agents in their area. This means if you’re moving to another area of the country or you know someone in another part of the country that needs to buy or sell a home, you can give us a call and we’d be able to recommend you to the top agent in that area.

This will help you get the best results possible in your real estate endeavors. If you have any questions, please don’t hesitate to reach out to us. We’d be glad to help.

Why Our Service Is Even Better Than You’ve Heard

When it comes to our service, we list a wide variety of price ranges and charge competitively with 95% of the other agents in our area.

Today I want to answer a couple frequently asked questions about our service. 

The first has to do with the price ranges of the houses we sell. We’re known for marketing and selling homes in the higher price ranges, but we list a wide variety of price ranges.

We’re here to sell real estate.

We’ll list homes from $80,000 to $90,000 all the way up to $1 million or more. Our home selling system is proven, duplicatable, and backed by market research so it can be applied to all price ranges. 

The second question has to do with how much our service costs. A lot of people assume that because we do so much marketing and sell so many houses, we automatically charge a high percentage rate. That’s not true—our rate is very competitive. In fact, it’s the same rate you would get with 95% of the other agents in the area. Rates are not set by law—they’re negotiable and set by the companies. There is no extra charge to get the Lance Woodley Team on your side. 

If you or someone you know has a home to sell, give us a call today. We’re ready to sell your home.