Market Conditions for Goose Creek, South Carolina Reported by Charleston Relocation Experts TEAM, ABR, GRI, CRS Updated November 12, 2009.

Current Market Rating: 3 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

There is excitement in the air as the real estate market seems to be heading in a positive direction due to positive numbers in the sale of existing homes, pending sales and new construction. The media is touting these numbers and sometimes eluded that the bottom of the market is here. While that is great news, it should be tempered with real data. Things are definitely getting better but there is still a long road ahead of us. We definitely saw this trend continue in September. While new construction sales were up 11% in June—when you consider actual units, this was the worst June since 1982 (Steve Harney). Historically June is the best month of the year in this category. We aren't trying to play a negative role, but we do want to be realist about the situation. While there has been a lot of hard work in the last twelve months and its starting to pay off, the only way to keep momentum going is to price it right.

In Goose Creek, there are 369 active listing on the market in the City of Goose Creek. There were 96 new listings in August (down from 123 last month). There were 35 sold properties with an average sold price of $187,562 (up from last month at $160,134). Sold properties were on the market for 59 days (down from 82 days last month) and received 98% of list price.
Sellers that are successful are getting serious on price and offering major incentives such as closing costs and interest rate buy downs. Even more importantly, sellers are preparing their home to compete by improving upgrades and staging the property. We offer a home staging consultation with a professional stager when you list your home with the CRE Team. With average showings at 3-4 per month, only the best looking AND best priced homes will show. 2009 will present some fantastic opportunities for buyers and investors with pre-2005 prices and low interest rates. To find out specific market conditions for your home or neighborhood, contact the CRE Team for a FREE no obligation analysis. Or to find out if you qualify to make a home purchase, contact us for a list of lenders that are qualified to help you with VA, FHA, state housing and conventional loans. Hurry to take advantage of the first time homebuyer credit of $8000 if you have never owned a home or haven't owned one in more than 3 years. Visit www.CharlestonRelocationExperts.com to search for your new home.

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ZIP Code: 29445

Approximate Location Boundaries: Berkeley County

Location Characteristics: Goose Creek is home to the Naval Weapons Station and Naval Nuclear Power Training Command and soon to be Google. Only ten miles from Summerville and 13 miles from Charleston, Goose Creek residents are uniquely poised to take advantage of the very best both cities offer. Officially incorporated in 1961, the town has witnessed rapid growth in residential relocation.

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