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About Goose Creek's Crowfield Plantation

How to Price a Home in Today's Market

Michael Johnson, Metro Charleston SC: Real Estate Agent in Goose Creek, SC

Competitive v/s Compelling Pricing

In today's market price is king when selling your home.  A home should absolutely be in top notch condition to attract the most buyer candidates, but if the home is overpriced when compared to other homes in your area you have very little chance of getting your home sold in this today's market.  

Today during our office sales meeting our Broker in Charge showed us a video put together by Russ May, a Real Estate Agent from Wilmington, NC.  In this well thought out video, Russ demonstrates the importance of pricing a home in a manner that is not just competitive, but rather pricing the home so that it is compelling to the potential buyer.  

Other Related Blogs:

10 Reasons Why Your Home Did Not Sell (2010)

Seven Reasons to Sell Your Home, For Sale By Owner (FSBO)!?

Is Now the Right Time?

Crowfield Plantation Real Estate 2010

Crowfield Plantation Real Estate 2010

Michael Johnson, Metro Charleston SC: Real Estate Agent in Goose Creek, SC

Crowfield Plantation is a large community located in Goose Creek, SC.  The neighborhood consists of 27 different subsections with homes ranging from the low $100K price point up to 1 million dollars.  The following are the sales stats for Crowfield Plantation for 2010.

 

Note the acronyms/abbreviations -

Avg $/Sqft =Average Price Per Square Foot

Median Sold $ =Midian Sold Price

Avg DOM = Average Days On Market


Other Blogs:

Tanner Plantation

The Ponds - Summerville SC

 

 

Month




Monthly
Sales



Avg List Price

Avg Sale Price

Avg $/Sqft

Median Sold $

Avg DOM



Current
Inventory

Months
Inventory

January




7



$245,408

$229,685

$104

$185,000

165



109

15.57

February




12



$216,365

$209,579

$98

$188,000

134



111

9.25

March




20



$211,931

$205,180

$100

$177,700

116



111

5.55

April




14



$197,610

$195,598

$98

$176,000

126



124

8.85

May




12



$205,550

$199,116

$95

$192,000

138



116

9.66

June




13



$188,599

$184,500

$99

$195,000

59



121

9.30

July




9



$184,097

$179,538

$92

$162,500

52



115

12.77

August




13



$244,599

$236,105

$102

$240,090

118



112

8.61

September




9



$206,107

$200,530

$96

$185,000

195



103

11.44

October




12



$195,518

$188,953

$94

$162,500

90



105

8.75

November




4



$188,475

$182,625

$102

$198,500

308



108

27.00

December




6



$214,994

$204,166

$100

$197,000

100



102

17.00

Annual:




131



$208,546

$202,027

98

$187,000

122



111

10.16






















Michael Johnson, Metro Charleston SC: Real Estate Agent in Goose Creek, SC

We've all heard the story as kids of the three little pigs and how the big bad wolf blew down the house of straw and then another of sticks. But, to the dismay of the big bad wolf, he could not blow down the house made of bricks. The sturdiness of the bonded bricks provided a safe home for the three little pigs.

As we get older we associate that story from our childhood to home safety and security. Most people consider the safeness of a brick home as top notch from protection from the elements of high winds, no matter if it is the big bad wolf or a big bad hurricane.

But ask your self a question. Are brick homes built within the last 30 to 40 years built the same way during the time that the Three Little Pigs were written, or even 50 years ago? Are most modern homes "solid brick?" The answer for most parts of the country is no they are not.

I'm sure you are saying to yourself, "Wait a minute, I have a brick home and it was built within the last 30 years!" Sure you have a brick home, but it is most likely not solid brick masonry. What you have is brick veneer!

So, how can you tell the difference?

Solid brick homes are old school homes. There is no wooden frame when it is initially built. The brick layers lay the mold and stack the bricks on top of the foundation working their way up. On the other hand, brick veneer homes use the same type of bricks but there is a wooden frame in place before the brick work begins. Then the brick layers lay the bricks around the frame.

The Carson Dunlap Consulting Engineers website states that with a solid brick house "the brick is holding up the house. With brick veneer the house is holding up the brick," and the brick acts as siding to the house. The consulting firm goes on to explain that:

Brick veneer became the norm when building codes began to require insulation in the exterior walls. One of the best insulators is air. Most good insulation does nothing but trap air; that's why most insulations are light and fluffy. Brick is not exactly light and fluffy. Therefore it's not really a very good insulator. A brick veneer house then, is really a wood frame house where the cavity between the studs in the wall can be insulated.

Which style makes for a better house is a judgment call on your part. Solid brick homes are certainly stronger, but are not well insulated. Brick veneer homes are still strong, although not as strong as solid brick, but are much better insulated. There are advantages to both, but most builders use the brick veneer technique to meet building code standards. Keep the advantages of both in mind when you decide to sell or buy your next house.

Other Notable Blogs:

Charleston, SC Housing Report

Crowfield Plantation Real Estate, Goose Creek SC

Foxbank Plantation, Moncks Corner SC

Wescott Plantation - Summerville, SC - Market Report

Seven Reasons to do a For Sale By Owner (FSBO)!?


Wordless Wednesday - Lake Crowfield in the Fall - Crowfield Plantation

Michael Johnson, Metro Charleston SC: Real Estate Agent in Goose Creek, SC

Lake Crowfield in the Fall

Crowfield Plantation, Goose Creek SC

17 November 2010

Lake Crowfield at Crowfield Plantation in Goose Creek SC

Photo taken in the common area of Lakeview Terrace, a subsection of Crowfield Plantation.


Other Notable Blogs:

Charleston, SC Housing Report

Crowfield Plantation Real Estate, Goose Creek SC

Foxbank Plantation, Moncks Corner SC

Seven Reasons to do a For Sale By Owner (FSBO)!?

Is Now the Right Time?

Crowfield Plantation Real Estate, Goose Creek SC

Michael Johnson, Metro Charleston SC: Real Estate Agent in Goose Creek, SC

Crowfield Plantation Real Estate

Market Report November 2010

Crowfield Plantation, Goose Creek SC

Crowfield Plantation is one of the largest and most sought after neighborhoods in the Charleston Metro Area. The neighborhood is located in Goose Creek, SC. Below are the market stats for Crowfield Plantation in 2010 as of November. The number of homes sold this year have fluctuated but average around 12 per month with an average of 116 Days on the Market (DOM).


Month

Year

Monthly
Sales

Monthly
Volume

Avg List $

Avg Sale $

Avg $/Sqft

Median Sold $

Avg DOM

Current
Inventory

Months
Inventory

January

2010

7

$1,607,800

$245,408

$229,685

$104

$185,000

165

109

15.57

February

2010

12

$2,514,950

$216,365

$209,579

$98

$188,000

134

111

9.25

March

2010

20

$4,103,617

$211,931

$205,180

$100

$177,700

116

111

5.55

April

2010

14

$2,738,383

$197,610

$195,598

$98

$176,000

126

124

8.85

May

2010

12

$2,389,400

$205,550

$199,116

$95

$192,000

138

116

9.66

June

2010

13

$2,398,500

$188,599

$184,500

$99

$195,000

59

121

9.30

July

2010

9

$1,615,850

$184,097

$179,538

$92

$162,500

52

115

12.77

August

2010

13

$3,069,365

$244,599

$236,105

$102

$240,090

118

111

8.53

September

2010

9

$1,804,770

$206,107

$200,530

$96

$185,000

195

102

11.33

October

2010

12

$2,267,444

$195,518

$188,953

$94

$162,500

90

106

8.83

Annual:

121

$24,510,079

$208,889

$202,562

98

$185,500

116

112

11.10

If you would like more information on another neighborhood in the Charleston Metro Area, send me and email with the name of the neighborhood and I would be happy to send you the information.