Summerville, South Carolina, is on course for this time of year.

That's at least what local expert Michele Reneau is reporting.

November did not show improvement. ... Closed sales didn't improve, despite continued Fed rate cuts.

What sort of conditions can sellers expect this December? Homes are taking an average of 89 days to sell -- for around $200,000.

Michelle goes on to note, "The days of 10-15% are long gone. As we go into the holiday season, the market slows more and only the properties priced in the top price per sq ft value will be considered by buyers, in addition to top condition and good incentives."

Looking to buy? Maybe you'd be interested in this city of around 32,000, that boasts an incredible job growth rate, last reported to CNN Money at over 22 percent!

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Published: December 24, 2007

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