NEW Lake Murray listing

JUST LISTED.  Beautiful Lake Murray Waterfront Home.
Beautiful.  Priced to Sell.
791 Living Inn Road  |  Prosperity, SC

All brick construction, four bedrooms with large master down, beautiful kitchen, living room, bonus room (FROG) upstairs, extra storage in garage, deck, sprinkler system and a nice private dock on Lake Murray for your fun on the lake.  Just over 2900 square feet.

Offered at $439,500.  Priced right.

CLICK HERE for all the details and pictures

Lake Murray Waterfront Home only 8 miles from Chapin, SC

Living Room

Lake Murray Dock (year round water)

View from Dock to 791 Living Inn Road

Ready for an appointment to see this home (don't wait too long) or have any other Lake Murray real estate question (buying, selling, relocation)?  Contact Mel Coker.

Mel Coker  (Lake Murray Resident & Realtor)
RE/MAX Real Estate Consultants
(803) 318-2007
Lake Murray & Columbia MLS Search
email:  melcoker@remax.net

Great Southern Lake & Tax Friendly State

A Great Lake & (Relatively) Low Tax Burden State?

Yes, it's possible.  Get to know Lake Murray in South Carolina.

KIPLINGER online recently named the 10 LEAST FRIENDLY STATES BY TAX BURDEN.  And, they are: 10.)New York, 9.) New Jersey, 8.) Nebraska, 7.) California, 6.) Montana, 5.) Oregon, 4.) Minnesota, 3.) Connecticut, 2.) Vermont, and the worst offender at #1 is Rhode Island.

Most of these heavy burden tax states share another burden: lots of cold weather and snow.

Escape the snow and high taxes - Move to Lake Murray!

MOVE South to friendly Lake Murray in South Carolina.   Our state is listed by KIPLINGER as a tax friendly state.    There are a number of retirement income exemptions, an overall low(er) state tax rate, and lower overall property taxes with tax breaks for seniors 65 and over.

CLICK HERE: A Tax Guide for New South Carolina Residents

Lake Murray is exceptional too!  It's the place I call home for my family.  BOATING MAGAZINE has named Lake Murray as one of the TOP TEN LAKES IN THE UNITED STATES FOR LIVING AND BOATING.

Lake Murray Internet website by Mel Coker

Ready to make the move to or near Lake Murray?  Call Mel Coker (803) 318-2007.

SEARCH LAKE MURRAY MLS

Lake Murray from my yard

 

Mel Coker

Realtor, CRS, ABR, GRI, e-PRO, MilRES

RE/MAX Real Estate Consultants

(803) 318-2007

NEW Home Listing Near Lake Murray

NEW LISTING...
12 Hilton Glen Court
Chapin, SC  29036

This all brick home is beautiful!  It's priced to SELL at $279,900.  Located in Village at Hilton subdivision, this home is only 3.7 miles to a free public boat launch ramp on Lake Murray.

For Sale in The Village at Hilton - near Lake Murray

Great Room with Fireplace

Summary Features:

• 4 bedrooms, 2 1/2 bathrooms
• app. 2500 square feet
• Great room with fireplace
• Master bedroom on main level
• Deck overlooks nice backyard that adjoins natural area
• Community pool, pond and walking pathways
• Excellent Chapin area schools (Lexington District 5)

For more information and pictures:
CLICK HERE for online tour


Call Mel Coker for a showing appointment on this home or any other home near or on Lake Murray.  Lake Murray is South Carolina's awesome lake!  Call (803) 318-2007.


Mel Coker

Lake Murray Realtor & Resident
RE/MAX Real Estate Consultants
(803) 318-2007
Lake Murray & Columbia Homes - MLS Search

Ready to BUY (or SELL) at Lake Murray?

Ready to BUY or SELL at Lake Murray?
Call Mel Coker at RE/MAX.
(803) 318-2007

The final numbers for 2014 are in...
My office, RE/MAX Real Estate Consultants, was:

•  the #1 RE/MAX sales office in ALL of the Greater Columbia real estate market (and with only 12 agents too!)
• the #1 real estate Chapin office in closed sales production 
• Averaged $1.3 million in closed LAKE MURRAY sales volume PER AGENT

Mel knows Lake Murray!

• Mel lives on Lake Murray
• Mel can assist with selling, buying, relocation and building on your lot
• Mel had over $2.2 million in sales volume on Lake Murray last year
• Mel owns and maintains this blog and a Lake Murray website

Lake Murray MLS Search

Call Mel at (803) 318-2007  |  email to Mel Coker

Best Online Photography Course

I love taking pictures out on Lake Murray.   I have recently tried some new digital photography skills and I want to learn more.  The best course I have found online is at 123di.com . I'm signing up!

Ready to take your photography skills to a new level?  Check this online course out now.  The extensive course is only $49.95 for the online access price.

CLICK HERE to check out the 123di Online Photography course.



Here are some of my recent Lake Murray pictures.

Mel Coker
Lake Murray Realtor & Resident
(803) 318-2007
Lake Murray MLS Search

Lake Murray Market Analysis

What's Happening At Lake Murray?

The Most Comprehensive Lake Murray Market Analysis Follows...

The Golden Year (The Standard)
The Year was 2006...

• The average closed price in 2006 was $558,387.  This was an all-time high and represented a 19.2% price increase over 2005.
• The all time high in annual sales was in 2005 with 162 closings (at that time) and 2006 saw a slight decrease to 141 closings.
• The average days on market (DOM) was "only" 125 days in 2006.
• There were 11 homes sold for $1 million or more
• The year 2007 began the downturn with slightly lower numbers for sales and average sales price

The Downturn (The Bad)
2008 - 2012

• 4 straight years of average closed price decreases (2007 - 2010)
• Average closed price during this period $488,604 (a 12.5% decrease) with the lowest point being in 2012 at $457,489 (an 18.1% decrease from 2006)
• Average annual closings decreased to 113 with a low of 88 in 2009
• Average DOM was up significantly to 208 days with a high in 2011 of 243
• During this period just 4 homes per year (on average) closed at $1 million or more

The (Partial) Recovery (The Not So Bad)
2013-2014

• Average closed price during this period up 5.98% over 2012
• Average price in 2014 was at $479,951 - still down 14.0% from 2006, however, this is up 4.9% over 2012
• Closings averaged 180 per year, up 59.3% over the previous 5 year period
• Average DOM down to 196 days - down 5.8%
• During this period, 7 homes per year closed at $1 million or more
• 183 closings in 2014, an all-time high

Home closings criteria for analysis:  Waterfront on Lake Murray; minimum 75 feet water frontage; single family home with minimum 1200 square feet; minimum price $150,000.


More interesting data:
There are four Multiple Listing Service areas:  Irmo/Chapin, Lexington, Newberry County, Saluda County - the Lexington and Chapin areas accounted for 79% of all closings on the lake.
Prices in the Lexington / Chapin areas were 55.9% higher than the average for Newberry and Saluda counties combined.

Currently:

Lake Murray Living is GREAT!

• 151 homes for sale waterfront on Lake Murray
• Average asking price is $665,632 - notice this is significantly higher than the closed average for 2014
• In 2014, for the homes closed, the final average asking price was $514,839 (compare to the current overall asking price).   The average price reduction was 6.78%
• Conclusions: many homes are overpriced and buyers are drawn to the homes priced to sell; lower priced homes attract more buyers
• 20 homes for sale at $1 million or higher - enough to last almost 3 years at recent sales

To view or print my detailed Lake Murray market analysis, CLICK HERE FOR PDF REPORT.

The most important NEWS here is that NOW still is the time to BUY a home on or near Lake Murray.  To BUY or SELL on Lake Murray, Contact Mel Coker.  I know Lake Murray.  I SELL Lake Murray.  I live on Lake Murray.

Mel Coker

Mel Coker on Lake Murray

RE/MAX Real Estate Consultants
(803) 318-2007
email:  melcoker@remax.net

MLS Internet Search

Mel Coker on the Internet

Happy New Year from Lake Murray

Happy New Year from beautiful Lake Murray!

Is this the year you move South to Lake Murray?  Lake Murray is South Carolina's beautiful lake located just outside Columbia, SC.  Make your SMART move in 2015... move to Lake Murray and contact MEL COKER for Lake Murray real estate professionalism.

Contact Mel Coker - your Lake Murray Realtor & Lake Murray Resident
RE/MAX Real Estate Consultants
(803) 318-2007
email Mel Coker

SEARCH Lake Murray MLS