|
Spring 2012 Market Update
We are seeing an increase in buyers with interest rate starting to rise they want to get in on their increased buying power while they can.
|
|
| Average Home Price | $225,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Beaufort is | Increasing |
| Seller Activity for the past 90 days in Beaufort is? | Increasing |
| Multiple Offers? | No |
| Multiple Offers Commentary | Foreclosures and short sales with low list prices are getting multiple offers. The great deals are going quickly in most price ranges. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 15-20% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with a good selection of properties and competitive interest rates has created a perfect time to buy in Beaufort! New jobs and improved econony will follow when the F-35 fighter aircraft come to the Marine Corps Air Station. This will infuse millons of dollars into the local econony. |
| Nearest Metro Area | Hilton Head Island |
| Housing Hot Spots | New home communities are the hotest trends. There is even a small community (that is selling out quickly) in downtown Beaufort with homes starting at $250,000 and you can walk to everything downtown. |
| Average Sold Price | $225,000 - View Graph Trend |
Beaufort Local News
News for Beaufort, SC - October 3rd, 2010 11:03am
Its fall here in Beaufort, SC and the living is still easy and the breezes are a little cooler now. Beaufort is consistently ranked as one of the top places to live or retire. MSN recently rated Beaufort as one its top choices to live. Home Prices continue to stay low. Property taxes are very reasonable as well as additional tax benefits for retirees. Beaufort is teeming with local culture and art. The marsh grasses are just starting to show the signs of fall. A perfect time to visit our city and look for that home you have always dreamed of owning.
You just missed some good eatin' with the annual Beaufort Shrimp Festive on the 29th of September. Local restaurants made wonderful dishes for everyone to enjoy. It was a good time for all.
Plus, it looks like we will be adding new jobs with the tentative new fighter aircraft coming to the Marine Corps Air Station. It appears to be a few years out before that would actually happen, but it would be a nice boost to our local economy.
News for Beaufort, SC - June 8th, 2010 5:54pm
It's Summertime here in Beaufort, SC and the living is easy. Home prices are at an all time low and we are known for being a low tax city here in the southeast. What a great place to retire and enjoy all the water views either from your boat or new porch. Voted #24 in the top 100 art cities in the US Beaufort is full of talented artists that display their work in our glorious galleries Most are located on Bay St. which also has wonderful shops and eateries that are top notch. It will soon be time for our "Water Festival" which will go from July 10 to July 19. There are fun activities for everyone. A perfect time to visit our city and look for that home you have always dreamed of.
News for Beaufort, SC - Saturday June 13th, 2009 11:34am
It's Summertime here in Beaufort, SC and the living is easy. Home prices are at an alltime low and we are known for being a low tax city here in the southeast. What a great place to retire. Voted #24 in the top 100 art cities in the US Beaufort is full of talented artists that display their work in our glorious gallerys. Most are located on Bay St. which also has wonderful shops and eateries that are top notch. It will soon be time for our "Water Festival" which will go from July 10 to July 19. There are fun activities for everyone. A perfect time to visit our city and look for that home you have always dreamt of.
News for Beaufort, SC - Friday June 12th, 2009 6:10pm
Real Estate sales are looking up in Beautiful Beaufort, SC. So many baby boomers are looking to retire and invest in vacation homes and Beaufort, SC and the surrounding Sea Islands are the way to go. Investing in Real Estate is the smart mans way. The stock market has dissappointed so why not be able to see and touch your investments. The Low Country life is where you will find security. Beaufort has history, intercostal waterways, spanish moss hanging from 300yr old oaks and friendly people. Voted year after year as Best Retirement City, Best Low Tax City, and Best Small City by Southern Living Magazine for the 8th yr. We've got it all.
Contact Information
Carl Kratz
843-247-9373
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
| |
Request More Information Let me answer your questions! Ask Me!
Carl Kratz
ERA Evergreen Real Estate Company
|
 843-247-9373
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Beaufort Homes for Sale | Search Beaufort Real Estate |
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
South Carolina Homes for Sale |
South Carolina Real Estate News | Homes for Sale |
Real Estate Market News | Hot Markets
| Agents Join
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2012 HouseHunt Inc - All Rights Reserved