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Moncks Corner, SC

Moncks Corner, SC Real Estate Market Statistics for September 2009

Matthew Naumann: Real Estate Agent in Goose Creek, SC

Moncks Corner, SC Real Estate Market Statistics for September 2009

Moncks Corner, SC Real Estate Market Statistics - September 2009

New Listings

Total

80

Average List Price

$177,342

Median List Price

$164,927

Sold Listings

Days on Market (DOM)

77

Total

22

Average List Price

$148,276

Average Sold Price

$145,825

Median Sold Price

$108,000

% Selling Price/Listing Price

98%

Current Active Listings as of Oct. 26, 2009

Days on Market (DOM)

159

Total

295

Summary:

The average sales price in Moncks Corner, SC is approximately $32,000 less than the average listing price, which has resulted in homes being sold in 77 vs 159 days (i.e. almost 3 months faster than the average) on the market.

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.

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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.


Berkeley High 2009 Football Schedule

Michael Johnson, REALTOR, ABR - Goose Creek SC: Real Estate Agent in Goose Creek, SC

My favorite time of year is fastly approaching. I love the fall because of the great weather but also because of the vast array of football - High School, College and the NFL.

Below is the 2009 football schedule for Berkeley High located in Moncks Corner SC.

ate Opponent Game Time Location
Fri, Aug 28, 09 Away vs Dutch Fork 7:30 pm Dutch Fork
Fri, Sep 4, 09 Home vs Bluffton 7:30 pm Berkeley
Fri, Sep 11, 09 Home vs Stratford 7:30 pm Berkeley
Fri, Sep 18, 09 Away vs West Ashley 7:30 pm West Ashley
Fri, Sep 25, 09 Away vs James Island 7:30 pm James Island
Fri, Oct 2, 09 Home vs Wando 7:30 pm Berkeley
Fri, Oct 9, 09 Away vs Colleton County 7:30 pm Colleton County
Fri, Oct 16, 09 Away vs Beaufort 7:30 pm Beaufort
Fri, Oct 23, 09 Home vs Summerville 7:30 pm Berkeley
Fri, Oct 30, 09 Away vs Goose Creek 7:30 pm Goose Creek
Fri, Nov 6, 09 Home vs Fort Dorchester - Homecoming 7:30 pm Berkeley

Foxbank Plantation Homes Sold Report - Moncks Corner SC

Michael Johnson, REALTOR, ABR - Goose Creek SC: Real Estate Agent in Goose Creek, SC

View Foxbank Plantation in a larger map

Foxbank Plantation is located off of Hwy 54 between Goose Creek and Moncks Corner South Carolina.  The neighborhood has several builders to include KB Homes, Lennar, Sable Homes, David Weekley Homes, Palmetto Classic Homes, Truepenny Homes, and Southlund.  The new home community offers a wide variety of home prices ranging from 150's to the 300's as well as a wide variety of home styles.

Below are the statistic for homes sold this year up to April 2009:

The average list price this year so far is around 192K while that average sold price is around 189K.  The average days on market is 98 days and the current inventory of homes for sale in Foxbank Plantation is 33. 

If you are interested in buying a home in Foxbank Plantation or anywhere else in the Charleston area real estate market, please give me a call.  I will show you how I can help you get the most for your money and best of all, my services are at no cost to you.  You have nothing to loose.

Michael J. Johnson, Realtor

843-817-5299

michaeljohnson@carolinaone.com

www.providingthelight.com

www.metrocharlestonhomes.com

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Foxbank Plantation Moncks Corner SC Homes Sold Profile

Michael Johnson, REALTOR, ABR - Goose Creek SC: Real Estate Agent in Goose Creek, SC

Below are the most recent statistics for Foxbank Plantation located in Moncks Corner SC. Note that this does not reflect the whole month of December 2008. Sales picked up tremendously in November which may be attributed to a string of new homes which were recently completed and then bought.

This graph can help tremendously with finding out the neighborhood absorption rate. Absorption Rate is the ablitiy of the real estate market to sell off its inventory of homes. Take the number of homes sold in the last 11 months (80) (note that I am not counting December) and divided that by 11 (number of months). That gives you a 7.27 absorption rate for Foxbank.

The graph also shows that there are 38 homes currently on the market in that neighborhood. Divide 38 by the absorption rate of 7.27 and that gives you the total months of inventory which in this case is 5.22 months. This general rule is that 6 months of inventory is a balanced market. Less than 6 months is a sellers market and more than six month inventory is a buyers market.

Michael J. Johnson

843-817-5299

www.providingthelight.com

Month

Year

Monthly
Sales

Monthly
Volume

Avg List $

Avg Sale $

Avg $/Sqft

Median Sold $

Avg DOM

% Sold/List

Current
Inventory

Months
Inventory

January

2008

8

$1,551,004

$195,625

$193,875

$111

$170,187

28

99.10%

33

4.12

February

2008

4

$802,477

$201,869

$200,619

$101

$199,644

46

99.38%

36

9.00

March

2008

2

$405,881

$209,935

$202,940

$96

$202,940

55

96.66%

33

16.50

April

2008

6

$1,194,602

$191,368

$199,100

$98

$196,943

2

104.04%

36

6.00

May

2008

6

$1,135,447

$187,925

$189,241

$89

$192,548

18

100.69%

41

6.83

June

2008

7

$1,686,484

$242,094

$240,926

$103

$237,239

6

99.51%

34

4.85

July

2008

5

$952,328

$190,738

$190,465

$107

$181,338

16

99.85%

36

7.20

August

2008

6

$1,135,390

$191,847

$189,231

$97

$186,304

20

98.63%

34

5.66

September

2008

3

$553,779

$184,593

$184,593

$104

$190,149

0

100.00%

36

12.00

October

2008

8

$1,474,529

$185,561

$184,316

$94

$170,867

34

99.32%

43

5.37

November

2008

25

$4,307,005

$170,888

$172,280

$86

$172,034

2

100.81%

61

2.44

December

2008

0

0

0

0

0

0

0

0.00%

49

0.00

Annual:

80

$15,198,926

$189,725

$189,986

96

$181,624

15

100.13%

38

5.42

Annual:

2008 - 2008

80

$15,198,926

$189,725

$189,986

96

$181,624

15

100.13%

38

5.42

Foxbank Plantation Homes Sold Profile Moncks Corner South Carolina

Michael Johnson, REALTOR, ABR - Goose Creek SC: Real Estate Agent in Goose Creek, SC

Foxbank Planation is a new home community with builders such as DR Horton, Sabal Homes, and KB Homes currently building homes in the neighborhood. There is also an opportunity to buy a lot in the area and build a custom built home.

A town center is in the planning stages to serve the community and there is hopes that in time it will increase home values. Foxbank Plantation is conveniently located off of HWY 52 between Goose Creek & Moncks Corner. Below is the Sales and Inventory Report for the neighborhood. If you have any questions, or if you are interested in buying or selling a home in Foxbank Plantation, give me, Michael Johnson, a call at 843-817-5299. My email is michaeljohnson@carolinaone.com. You can also visit my website at www.providingthelight.com

Sales and Inventory Report
Category - Residential
Statistics for Entire MLS from 1/1/2008 - 12/31/2008
Subdivision:FOXBANK PLANTATION
Month Year Monthly
Sales
Avg List $ Avg Sale $ Avg $/Sqft Median Sold $ Avg DOM % Sold/List Current
Inventory
Months
Inventory
January 2008 8 $195,625 $193,875 $111 $170,187 28 99.10% 33 4.12
February 2008 4 $201,869 $200,619 $101 $199,644 46 99.38% 37 9.25
March 2008 2 $209,935 $202,940 $96 $202,940 55 96.66% 34 17.00
April 2008 6 $191,368 $199,100 $98 $196,943 2 -96.11% 37 6.16
May 2008 6 $187,925 $189,241 $89 $192,548 18 -99.30% 42 7.00
June 2008 7 $242,094 $240,926 $103 $237,239 6 99.51% 35 5.00
July 2008 2 $183,672 $182,172 $110 $182,172 3 99.18% 51 25.50
August 2008 5 $184,197 $184,197 $101 $174,692 24 100.00% 49 9.80
September 2008 2 $241,143 $241,143 $109 $241,143 0 100.00% 52 26.00
October 2008 0 0 0 0 0 0 0.00% 59 0.00
November 2008 0 0 0 0 0 0 0.00% 59 0.00
December 2008 0 0 0 0 0 0 0.00% 59 0.00
Annual: 42 $203,176 $203,416 $101 $192,289 19 100.11% 41 8.78
Annual: 2008 - 2008 42 $203,176 $203,416 $101 $192,289 19 100.11% 41 8.78

Note: The "Current Inventory" column(s) reflect the number of active and contingent (on market) listings on the 16th day of each month.
The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".
This reflects how many months it would take to sell out of inventory at the current month's rate of sale.

--Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified.--
Copyright: 2008 by the Charleston Area MLS, Inc.

Prepared by JOHNSON, MICHAEL of CAROLINA ONE REAL ESTATE on Friday, September 26, 2008 10:24 AM.