Is Galivants Ferry, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Galivants Ferry was a Seller's Market.
Key Takeaway
Galivants Ferry is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Galivants Ferry, SC
How much do homes in Galivants Ferry, SC cost?
Median Sold Price
$318,520
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Galivants Ferry have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Galivants Ferry was $318,520 in May 2024, up 7.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $169.9K | +13.3% |
| 2 Bedrooms | $249K | $100K | -59.8% |
| 3 Bedrooms | $291K | $276.5K | -5.0% |
| 4 Bedrooms | $395.1K | $370.1K | -6.3% |
| 5+ Bedrooms | $502.9K | $496.2K | -1.3% |
Summary: Galivants Ferry housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes decreased by 59.8%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| Galivants Ferry | $296.5K | $318.5K | +7.4% |
| Aynor | $327.1K | $296K | -9.5% |
Housing Supply in Galivants Ferry, SC
How many homes are available in Galivants Ferry, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 44 | -6.4% |
Summary: The Galivants Ferry real estate market had 44 homes for sale in May 2024, a 6.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 33 | 30 | -9.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Galivants Ferry housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Galivants Ferry, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Galivants Ferry in May 2024, the same as the previous month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Galivants Ferry, SC
How long does it take to sell a home in Galivants Ferry, SC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 105 Days | 138 Days | +30.4% |
Summary: Homes in Galivants Ferry had an average of 138 days on market in May 2024, up by 30.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Galivants Ferry are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 7 homes were sold in Galivants Ferry; 0% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.