Greater Columbia SC Real Estate Market Update: 351 Price Drops Signal a Strong Buyer’s Market
The Market Has Shifted Across the Midlands — Are You Ready? Hey y’all! Just two weeks ago, I talked about signs of a transitional real estate market across Columbia and the surrounding areas. Well, that transition is over. We're officially in a buyer’s market across much of the Greater Columbia SC area — including Irmo, Lexington, West Columbia, Cayce, Leesville, and Gilbert . 📉 This week alone, 351 homes in the Consolidated MLS dropped their price . That’s not a fluke — that’s a clear trend. 🔎 What Does This Mean for Sellers? If you’re trying to sell your home and you’re overpricing , you’re just wasting your time . Buyers have more inventory to choose from. Homes are sitting longer. Price reductions are becoming common — even necessary. Whether you're in Lexington, Irmo, or Leesville , buyers are not overpaying. They're shopping smarter and coming to the table with more power. 💡 Seller Tip: If you're listing in this market, your price strateg...