Mount Pleasant's Home Port

Blog by Mike Terry

Mount Pleasant, South Carolina

Mount Pleasant, SC - Life is laid back here. The Atlantic ocean is near by as well as the historic Charleston, SC. We discuss a little bit of everything - here you'll find some of our notes, musings, ideas, and recommendations with particular emphasis on real estate and projects in and around Mount Pleasant SC. COMMENTS ARE WELCOME and ENCOURAGED. Please notice the Post A Comment link at the bottom of each posting.

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Huger, SC - Local Market Update

Posted at Mount Pleasant's Home Port by Mike Terry

Mar. 19, 2007

Categorized in: Local Housing Market Updates

Tagged with: huger, local market updates, real estate, sc, south carolina

Huger, SC - Local Market Update - March 19, 2007

Only a few minutes to Mount Pleasant, SC and around ~15 minutes to the beaches of the Isle of Palms, SC. This rural community is poised for big growth in the future with its short distance to the Charleston, SC Metro Area and lower than average prices for the area. If you are into Horses this is the PLACE for you with several Horse Farms, Stables, and riding trails in the area. Take a look at M&M Farms that we currently have listed for sale http://www.RealEstateCharlestonArea.com/MMFARMS. The Francis Marion National Forest is at the very heart of this community - Lots of Nature trails, Hiking, Camping, Fishing, Horseback Riding / Trails.

Huger, SC 29450 - Houses sold in the last 12 months for 92.10% of list price with an average sales price of $190.682 with an average of 52 days on the market. This area is in the beginning stages of growth explosion. There are plans to replace the bridge over the Wando River on Hwy-41. When this happens it should open the area to much more development.

Huger, SC Housing Trends
Month	Year	Monthly Sales	Avg ListPrice	Avg Sale Price	% Diff Sell/list	Avg DOM	Curr Inventory	Months Inventory
March	2006	N/A	$0	$0	0%	0	16	0
April	2006	2	$227,450	$192,500	84.63%	14	10	5
May	2006	N/A	$0	$0	0%	0	9	0
June	2006	2	$277,500	$266,500	96.04%	51	9	4.5
July	2006	1	$129,000	$95,000	73.64%	90	10	10
August	2006	1	$259,000	$240,000	92.66%	174	11	11
September	2006	N/A	$0	$0	0%	0	11	0
October	2006	3	$135,167	$132,333	97.90%	37	11	3.67
November	2006	N/A	$0	$0	0%	0	11	0
December	2006	1	$245,000	$220,000	89.80%	4	13	13

January	2007	N/A	$0	$0	0%	0	11	0
February	2007	1	$229,000	$227,500	99.34%	132	16	16
Current	2007	N/A	$0	$0	0%	0	23	0