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Royal Pines Ladys Island near Beaufort SC, Market Update June 2009

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$399,000 $195,000 $269,402 $264,450 $11,853,728 44
$0 $0 $0 $0 $0
958 1 187 130

As of today, there are 44 homes listed in Royal Pines. Of the 44 homes listed, 1 is on Hold - Do not Show and 1 is under contract (I am the buyer's agent). The median home price is holding at $264,450 with 130 Days on the Market. For the first time in a long time, we have the lowest priced home in Royal Pines under $200K at $195,000 and it is not a foreclosure!

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$379,000 $174,900 $271,069 $272,450 $2,710,699 10
$340,000 $165,000 $254,065 $255,875 $2,540,650
198 42 107 97

In the year of 2009, 10 homes have sold in Royal Pines with the median home price coming in at $254,065 with 107 Days on the Market. If you are trying to sell your Royal Pines home and it has been on the market over 107 Days, it may be time to consider a price reduction.

If you are thinking of buying or selling in Royal Pines, you owe it to yourself to call your neighborhood expert, Chris Skrip, at RE/MAX Sea Island Realty.

Posted Tuesday Jun 09