North Charleston, SC Real Estate Market Statistics for October 2009

 Summary:

The real estate market in the North Charleston, SC is definitely a Buyer's Market, for every listing sold in the month of September there were approximately 3.3 new listings added bringing the total as of Nov. 2, 2009 to 925 listings.  The overall number of listings on market dropped down by 1 listing. 

The homes that are selling in North Charleston, SC are receiving 96% of the listing price, which means a lot of homes are still overpriced.  The average price of new listings is approximately $14,000 less than the average sold price in October, it looks like sellers are very motivated to sell.

The real estate market in North Charleston, is still definitely a buyer's market.  If you are trying to sell, you need to make the decision to short sale your home or not to sell or rent long term (i.e. if you are relocating).  The real estate market locally and nationwide is still trying to find bottom.  Based on the data, some price ranges and areas have found bottom for home prices and others still need to drop. 

TIP: Have a real estate professional, sit down with you and have them show you the data.  Numbers do not lie and they can tell you want is selling, for what price, and how long it took to sell.  With the correct data.  Data that compares your home with other similar homes in your area, will paint a true picture of how much and how long it will take to sell your home.

Charleston, Goose Creek, & Hanahan Real Estate For Sale

Matt Naumann – Charleston & Goose Creek, SC Real Estate Agent & Entrepreneur
"Taking Real Estate Home Buying, Investing and Selling to the Next Level" is my personal goal. I specialize in using creative strategies to help my clients buy, invest, or sell real estate in the Charleston & Goose Creek, SC Real Estate Market. My motto is “There is always a way!” Google or Call me (843) 818-9898 and let’s discuss how I can help you in save $1,000s when you buy, invest, or sell real estate.