The Clarendon County, South Carolina market has weathered the storm and is holding steady. Has it been a tough year? Sure - but we are resilient people who are not falling for the "Chicken Little" theory.
My personal production has not been near what it was last year; however, in looking at the overall numbers and comparing the figures from last year at this time, there has not been a great deal of change in the overall market. Luckily, when other areas of the country were booming and overbuilding, our area remained steady and careful not to create an overabundance in inventory with new construction homes. The builders in our area made calculated decisions about their new construction planning, and as a result, they are still in business! If you are interested in relocating/retiring to our area, NOW IS THE TIME TO MAKE YOUR MOVE! Prices have adjusted thirty percent from last year and activity is now starting to increase. If you are looking for a waterfront or lake area home, now is the time to invest. Although our state tax laws have changed, we are still very competitive and reasonable with our tax base. Here is a brief overview of our activity:
As of today's date, we have 457 residential listings. This time last year we had 552.
Sept - Oct '08: Sept - Oct '07:
New Listings This month: 40 New Listings for month: 86
Avg List Price: $137,000 Avg List Price: $155,200
Pending/Under Contract this month: 19 Pending/U Contract for month: 19
Sold this month: 25 Sold for month: 36
Avg Sold Price this month: $121,000 Avg Sold Price for month: $152,700
If you have been contemplating making a move to our area or invest in a future retirement home, I would be happy to help you find what you are looking for. Prices are more reasonable than ever. I am a full time Realtor specializing in waterfront and lake area residential homes. Take a look at our active listings on my website: www.manningscrealty.com I look forward to serving you.
Celina Gleason, Realtor, Million Dollar Producer
Direct Cell: (803) 473-6002