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Mount Pleasant, SC Real Estate Market Statistics for October 2009
11/3/2009 at 7:01 AM - Regional Markets - Mount Pleasant, SC

Mount Pleasant, SC Real Estate Market Statistics for October 2009

Mount Pleasant, SC Real Estate Market Statistics - October 2009

New Listings

Total

217

Average List Price

$521,984

Median List Price

$329,900

Sold Listings

Days on Market (DOM)

129

Total

95

Average List Price

$346,135

Average Sold Price

$326,274

Median Sold Price

$260,000

% Selling Price/Listing Price

94%

Current Active Listings as of Nov. 2, 2009

Days on Market (DOM)

187

Total

1349

 Summary:

The real estate market in Mount Pleasant, SC is definitely a buyer's market, for every home sold in September there were more than 2 new homes listed.    Based on the current number of homes sold, 95, in October, it will take over 14 months to sell all the homes currently listed. 

One of the reasons it is taking longer to sell homes in the Mount Pleasant, SC area is because there is a higher inventory of higher priced homes on the market and the number buyers looking to buy in the higher price ranges are few. 

SELLING 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.

BUYING TIP:  If you are home buyer, whose home buying budget is more than $350,000, there is a great opportunity to get a great deal on home in Mount Pleasant.  Right now the inventory is high, interest rates are low, and sellers are motivated, because buyers are scarce.  Home buyers take advantage and buy your dream home.

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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.


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