The Beaufort, SC real estate market saw a pair of notable trends in 2010 -- prices continued to decline, but the number of transactions spiked up dramatically, as investors and cash buyers began to re-emerge.
The medan asking price for homes sold via the Beaufort Multiple Listing Service (MLS) dipped to $174,000, it's lowest point in years, according to Beaufort MLS figures. However, the number of transactions jumped from 791 homes in 2009, to 971 in 2010.
The manner in which buyers are purchasing homes in Beaufort continues to change. Cash sales represented a whopping 28 percent of the home transactions in the Beaufort MLS.
This is more than double the 12.5 percent of cash buyers participating in the 2008 Beaufort MLS real estate market. In 2007, cash
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