November 2009

For potential buyers who are interested in living on Cat Island, a new home listing has just hit the market.  31 Sheffield Ave was listed just listed today (Nov 23rd).  The price is at a fair $322,500.  I currently live on the island and love the location of this home.  While the setting is secluded, finding your way to the pool, tennis courts, British Open Pub and golf is only a short stroll down the street.  Here you will find very little traffic as Sheffield is the last turn off the Island Causeway.  Here are some other details about the house:

31 Sheffield Details:

• Allison Ramsey Design - Lowcountry Bermuda Cottage
• 1782 Square Feet
• Views of 3rd Fairway and Pond/Lagoon
• Wrap-Around Porch
• 1st Floor Master Bedroom (2 vanities)
• Central Vacuum

Today we will take a comparative look at single family properties sold in Beaufort for the month of October 2009 and 2008. This will be a tough blog for me becuase, to be honest, there isn't a whole lot to take from comparing the past two Octobers. Even so let's take a look. I'm posting these numbers for those who don't have access. Total completed sales are very close with 66 this year compared an almost identical 64 closings last year. While these seem to represent parallel conditions, there was something I noticed.

Looking a bit deeper into the numbers, I did find a change that bodes well for buyers. Take notice of the difference in average list price vs. sold price for the two years. It seems that sellers are coming to grips with how bad the real