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December 1, 2009

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Summerville, South Carolina

Reported by Chuck OMorrow, MBA

Updated November 5, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Summerville sales continue to be strong and overall are out-pacing those of last year.

There are several new communities coming out of the ground in Summerville which, I'm sure, have helped to stimulate sales.

In the last 30 days, the numbers show 116 sales (single family residential homes) with an average price of $186,026 and a median of $161,700. The high was $460,000. The average time it took for a home to sell was 100 days; compared to 129 days for the previous 30 day period.

For specific neighborhood or subdivision numbers ... or to find out what your home would sell for ... give Chuck a call at 843-819-8444. Also ... if you are thinking of buying that first home or trading up or down ... let me help you find a home ..... Call Chuck at 843-819-8444 or contact me on my website: www.CharlestonMLS.com

ZIP Codes: 29483, 29485

Approximate Location Boundaries: Located 25 miles West of Charleston

Location Characteristics: In the early 1800's, the affluent planters and plantation owners in the Low Country sent their families inland to Summerville.... to escape the heat, the mosquitos and the resulting ununderstood "fever". The trip took 2 - 3 days by carraige or wagon. Today ... I-26 provides access in 20-25 minutes.

Many new subdivisions and lower home and insurance prices lure families to the area.

For More Information:

View Market Conditions of other areas served by Chuck OMorrow

Navigate: Top > South Carolina > Summerville

About Chuck OMorrow:
Chuck is a multi-million dollar Charleston area REALTOR with over 25 years of sales and marketing expertise. He specializes in First and Second home sales and works with a number of builders on New Home and New Construction sales. Let Chuck's experience work for you!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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