I am a real estate agent in South Carolina and I live in the middle of two towns - Lake City and Florence. The MLS that I am a member of includes both towns. Florence is definitely the larger city with a population of around 30,000 and Lake City with a population of around 7,000. The following stats compare Lake City and Florence sales in the residential market so far this year
(January 2008 - May 2008):
Town Class # Sold % Sold Avg. Price DOM
Lake City RE 9 32.14% $83,811 142
Florence RE 303 45.22% $176,613 88
There has been a decrease in both the volume of sales and the percentage of sales in my area. With the slump in the real estate market I have been working hard on developing my own personal website - www.teresamcdonald.com . The website my office has does not get much attention so I wanted to do a more dynamic site where I can share my quarterly newsletters and other information I pass on to my clients.
WOW look at the difference between the two cities. The average price is double! Sounds like Lake City might be a better option but a little further from the city. At least there is no traffic to worry about in LC or its surrouding areas!
Who could not love the quaint town of Coward and its surrounding cities. I love how peaceful the country is and the vast spread of land. All the wooded area allows for nature to be free and deer to roam. I first shot my deer there and I love every minute of it!
Big difference in price and volume!