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
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Today I just wanted to give everyone a quick market snapshot. First, we have a chart on the total Beaufort SC MLS Stats
for 2009. Currently, there have been 114 total residential sales in
the area. One important thing I notice is the "Days on Market". For a
long time that number was over 200 days. This year, every months
reports days on the market to be under that threshold which is good
news. While stats are great to look at, being in the market place also
gives me a feels as to what's happening out there. I can tell you
without reservation, that buyers are on the move. In no way do I
expect 2009 to be a banner year but I do expect things to be much
better that 2008. Many parts of the country are reporting increased
sales.