beaufort sc: What a Difference a Year Makes! Real Estate Trends in Beaufort SC - 10/18/13 05:10 AM
What a Difference a Year Makes!
Real Estate Trends in Beaufort SC

Just some observations on the current market trends here in the Beaufort SC area:
 
Number of closed single family homes the first three quarters of:
2012- 395
2013- 495

Yay!  We're all happy that the number of sales is up, but there is more to the story as you will see below.  This is the "Headline" statistic, but why hasn't your house sold?
Percent of those sales that were foreclosures:
2012- 19%
2013- 17%
 
Percent of those sales that were short sales:
2012- 7.3%
(2 comments)

beaufort sc: Encouragement from BeaufortHomeTeam! - 09/07/12 07:54 AM
 
Just a note of encouragement from BeaufortHomeTeam!  There is one stat I want to point out as we wrap up this third quarter in Beaufort South Carolina.  The stat is called the Absorption Rate.  With regard to inventory, if there were no new listings, how long would it take at the current pace of sales to clear the existing inventory?  We have gone from a high this year of over 42 months (3 1/2 years!!) to right at 12 months and still trending downward.


This is the strongest year for real estate sales in Beaufort South Carolina since … (0 comments)

beaufort sc: Beaufort SC Market Update - 08/24/12 03:46 AM
Beaufort SC Market Update
Just a quick update on what is going on right now in the Beaufort SC real estate market.  Just to make sure everyone is on the same page, let me define my areas:  The numbers are drawn from the Beaufort Multiple Listing Service, looking all types of residential units (single family detached, condos, mobile homes, etc.) in areas 1 through 5 (Beaufort, Mossy Oaks, Port Royal, Burton, and Lady's Island).
  All in all, it's been a great summer!  We are at 381 homes sold for the year, about 75 units ahead of last year.  That's 9 … (1 comments)

beaufort sc: Beaufort Tour Video - 01/30/12 04:50 PM
Just had to post the link to this awesome video of my adopted home town, Beaufort!  Hope you enjoy it!
 
 

Welcome to Beaufort, Port Royal & the Sea Islands of South Carolina from Beaufort Tourism Division on Vimeo.
 
This has been out there for awhile, I don't know why I didn't post it before, but it's here now.  Showing the beauty of Beaufort, Lady's Island, and the Low Country.
To find YOUR peice of this beautiful corner of the low country, come visit me here!
 
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beaufort sc: Owner Financing 3 bed 2 bath Shell Point Beaufort SC Just $90000 - 03/02/11 06:36 AM
Owner Financing 3 bed 2 bath Shell Point Beaufort SC Just $90000 Scott Bingham and BeaufortHomeTeam.com are excited about this opportunity for investors or "restarters"! 

911 Grant Street is a 3 bedroom 2 bath permanently attached de-titled modular on a beautiful lot within walking distance of Shell Point Elementary School and just minutes from the Parris Island main gate and shopping. 
 
 
The lot slopes toward the street providing sure and easy drainage.  The house has a great deck on the back under a live oak tree that's perfect for sunny summer days and rope swings.  The … (2 comments)

 
Scott Bingham, www.BeaufortHomeNews.com (BeaufortHomeTeam / Ballenger Realty)

Scott Bingham

www.BeaufortHomeNews.com

Beaufort, SC

More about me…

BeaufortHomeTeam / Ballenger Realty

Address: 613 Carteret Street, Beaufort, SC, 29902

Office: (843) 321-9867

Mobile: (843) 252-2296

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A blog about the Beaufort South Carolina real estate market and the goings on and events in the Beaufort area.


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