Richmond & Columbia County Real Estate Market Update: What You Need to Know for October

If you're thinking about buying or selling a home in the Richmond or Columbia County areas, you’ll want to get the latest insights into what's happening in the real estate market right now. Trust me, it’s important stuff you won’t want to miss! Let’s break it down for October and see what you can expect if you're planning to make a move in these areas.

Richmond County Market Insights

This month in Richmond County, we saw 147 closed sales, with an average sales price of $228,243. If you're selling, that’s the number buyers are willing to pay on average. Properties in Richmond County are currently staying on the market for about 99 days on average, so buyers—be prepared to move quickly if you find a home you love.

If you're looking to sell, pricing your property correctly is key in this market. The average price per square foot in Richmond County is $127, so if you're looking for a larger space, expect to pay that rate for the extra square footage.

Here’s the takeaway for Richmond County:

• Average Sales Price: $228,243
• Average Days on Market: 99 days
• Average Price per Square Foot: $127

Columbia County Market Insights

Now, let’s head over to Columbia County. This market is seeing a bit more of a premium, with 204 closed sales this month alone. The average sales price in Columbia County is $390,792—that’s nearly $400,000, which is a significant jump compared to Richmond County.

Homes in Columbia County are selling just a bit faster than in Richmond, with an average of 98 days on the market. So while the homes here may take a little less time to sell, it's still a competitive market. And if you’re wondering about the cost of space in Columbia County, the average price per square foot is $164—definitely a premium for those looking for larger or more luxurious homes.

Here’s the breakdown for Columbia County:

• Average Sales Price: $390,792
• Average Days on Market: 98 days
• Average Price per Square Foot: $164

What Does This Mean for You?

Whether you're buying or selling in Richmond or Columbia County, it’s important to understand what’s happening in the market right now. With both areas showing a shift in the market, it could be an opportunity to either save money or price your home just right.

• For Buyers: Be ready to act fast—homes are selling quickly, and pricing can vary significantly by location. If you’ve been eyeing a home, make sure you're pre-approved and ready to move quickly.

• For Sellers: Pricing your home correctly is key. In Richmond County, buyers are paying around $228,000 on average, while in Columbia County, the market is much higher, with the average sales price nearing $400,000. Understanding your home’s value and the current market trends will help you position your listing for the best possible outcome.

If you're thinking about buying or selling soon in the Richmond or Columbia County areas, now is the time to stay informed and ahead of the market. Knowing these details can help you save money, make a better offer, or price your home just right.

Feel free to reach out to me for all the latest market insights and advice tailored to your unique situation. I’m here to help you make the smartest move in today’s market.

Drop me a message, and let’s chat about your next steps. As always, stay informed, stay ahead, and happy house hunting!