| Market Commentary Provided by Steven Ellis |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Steven Ellis
Akers, Ellis & Truluck Real Estate, LLC Charleston, South Carolina 843-814-1462 sellis@aetrealestate.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $1,100,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Kiawah, Seabrook, Johns and Wadmalaw Island is | |||||
| Seller Activity for the past 90 days in Kiawah, Seabrook, Johns and Wadmalaw Island is | |||||
| Is Financing Available For Qualified Buyers in Kiawah, Seabrook, Johns and Wadmalaw Island? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | |||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $1,100,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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