Summerville, SC Real Estate Market Statistics for September 2009

Summerville, SC Real Estate Market Statistics - September 2009
New Listings
Total	298
Average List Price	$175,279
Median List Price	$159,000
Sold Listings
Days on Market (DOM)	94
Total	147
Average List Price	$168,903
Average Sold Price	$164,554
Median Sold Price	$147,965
% Selling Price/Listing Price	97%
Current Active Listings as of Oct. 13, 2009
Days on Market (DOM)	149
Total	1168

 Summary:

The real estate market in the Summerville, SC  is definitely a Buyer's Market, for every listing sold in the month of September there were 2 new listings added bringing the total as Oct. 13, 2009 to 1168 listings.

The average listing price in the Summerville, SC area is approximately $11,000 over the average selling price, which has resulted in homes staying on the market an average of 55 days longer.

If you are selling and a low offer is submitted, I recommend to work with all offers to see if you can make the offer a win - win opportunity for both you and the seller.  As a seller you can easily save thousands by working with buyers.  Remember the costs of owning a house is more than the cost of a monthly mortgage payment, it includes the monthly expenses (i.e. gas, electric, HOA, phone, and etc.) and maintenance costs to maintain the home.

Tip:  Price your home where comparables have sold versus where comparables have been sitting on the market, this will greatly reduce the amount time on the market. 

Tip: If you own more than your home is worth and you need to Sell.  Short Sale your Home (i.e. Price it to Sell).  I recommend working with an agent, who has systems in place to do short sales.

Charleston, Goose Creek, & Hanahan Real Estate For Sale

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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.