Home Sellers are Reducing Prices to entice Home Buyers in Mount Pleasant, SC 

Despite the sales drop in January, home sellers in Mount Pleasant, SC having been lowering their asking prices to entice buyers.  As a result Real Estate Agents are started to receiving more calls from home buyers in Mount Pleasant, Hanahan, and throughout the rest of Charleston.  This in turn should generate more sales in February and in March. 

Home sales for January drop 35 percent from '08

The Post and Courier Charleston.net Monday, February 16, 2009 - Local real estate agents reported showing more homes to prospective buyers recently, but that did not translate into an increase in sales last month.

The number of homes sold in January dropped 35 percent from 2008 to 372 transactions, a figure so low that the Charleston Trident Association of Realtors could not find a lower monthly number in its sales database, which dates to 2003. The median price skidded to $176,750 from $191,600 in December.

To read the rest of the article, http://www.charleston.net/news/2009/feb/16/home_sales_january_drop_percent_from71800/