Lexington SC Real Estate Blog

 
Lexington SC Real Estate Taxes are not going up (at least for the school portion) according to a recent article in the Lexington Chronicle.  The Lexington 1 District proposed a budget for 2009-2010 that included cutting up to 39 jobs and using reserve funds to balance the new 171.5 million dollar plan.  According to the article the district absorbed about 8 million in revenue cuts for the current budget.  The budget must still have several readings before approval.  Some are concerned about how this will effect class sizes and other school related activities that will likely be addressed at the public hearings.

LEXINGTON SC HOME SALES STATISTICS

The Lexington activity was mixed, as has been the trend lately.  Irmo listings were up as well as sales.  Lake Murray activity still remains relatively slow overall but showed positive signs in the lower price range.  Chapin activity was mixed again.  Columbia and Northeast Columbia were mixed but have been showing a slight trend downward.  For the most part as school starts to finish up the market will take a little break and then pick up in activity as the summer begins.  The overall trends and activity are still looking very good.

5-1-09-09 through 5-7-09

 

Median Sold Price

Homes Listed

% Change

Homes Sold

% Change

Days on market

Lexington SC Weekly Real Estate Statistics

$136,000

75

Up 30%

19

Down 26%

110

Irmo Weekly Real Estate Statistics

$132,000

63

Up 36%

21

Up 4%

109

Lake Murray Weekly Real Estate Statistics

$438,000

14

Up 14%

3

Up 33%

-

Columbia Weekly Real Estate Statistics

$143,400

79

Up 16 %

23

Down 4%

111

Chapin Weekly Real Estate Statistics

$160,000

9

Down 10%

5

Up 60%

66

Northeast Columbia Weekly Real Estate Statistics

$154,191

60

Down 3%

34

Down 27%

81

 

 

 

 

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Posted by Craig Summerall on May 18th, 2009 3:50 PMPost a Comment (0)

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