Wow, 50 Beaufort Area Homes Hit the Market THIS WEEK Alone

Posted by Todd Covington on Friday, February 20th, 2009 at 12:04am.

Like always, keeping a blog stuffed with interesting things is a challenge.  Today I was looking through some of the Beaufort Market statistics and was shocked to see 50 houses were listed in the Beaufort MLS this bft_448week.  A rise in active listings is expected this time of the year.  February is a great time to put your house for sale because the hot real estate season is fast approaching.  Even so, there were only 1580 active listings last week.  If you average that out, 1580 divided by 52 weeks means we should average around 30 listings a week.  Fifty this week comes to a 66% increase.  Pretty impressive, but will buyers bite?

Great question, and I wish I had the answer.  No doubt there are more buyers actively looking for homes.  I've seen a huge traffic increase on this site and fellow agents at ERA Evergreen are buzzing about all the new activity.  I just don't know if that will add up to a large quantity of sales.  One thing is certain.  You will not have to wait until the end of the year to find out if the market has turned around.  Home sales in the months of March, April, May, and June will tell the story.  No matter what occurs, I guarantee it to be a better year than 2008.

Beaufort MLS Statistics 2/16 - 2/20

 

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$1,779,000
$75,000
$485,770
$379,500
$24,288,500
50
$0
$0
$0
$0
$0
3
0
2
2
  

 

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1 Response to "Wow, 50 Beaufort Area Homes Hit the Market THIS WEEK Alone"

Jayson wrote: If all of these stimulus plans and government spending don't make this year a better year, we may be in for a horrid 2010. I'm confident that '09 will end up being better than '08.

Do you think listings are priced better this year in your area or are sellers still holding onto pricing from years ago?

Posted on Friday, February 20th, 2009 at 12:54am.

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