November 10, 2009 by J. Foster Smith
Here is a wrap up of Charleston Real Estate sales activity for October. ( Previous Market Reports for Charleston SC & Summerville SC)


Summerville: (More Info)
- Houses Sold: 172
- Average Sale Price: $174,206
- Average Days on Market: 92
- Average List Price: $179,912
- Average Percent of Sale/List Price: 97.02%

Moncks Corner & Goose Creek: (More Info)
- Houses Sold: 89
- Average Sale Price: $156,276
- Average Days on Market: 65
- Average List Price: $159,276
- Average Percent of Sale/List Price: 97.53%
Hanahan: (More Info)
- Houses Sold: 28
- Average Sale Price: $187,737
- Average Days on Market: 95
- Average List Price: $195,061
- Average Percent of Sale/List Price: 94.91%
North Charleston: (More Info)
- Houses Sold: 68
- Average Sale Price: $138,925
- Average Days on Market: 93
- Average List Price: $144,300
- Average Percent of Sale/List Price: 96.71%
Charleston (The Peninsula): (More Info)
- Houses Sold: 20
- Average Sale Price: $1,058,665
- Average Days on Market: 117
- Average List Price: $1,183,815
- Average Percent of Sale/List Price: 86.15%
Mt. Pleasant: (More Info)
- Houses Sold: 108
- Average Sale Price: $314,277
- Average Days on Market: 125
- Average List Price: $333,099
- Average Percent of Sale/List Price: 95.73%
To discuss selling your home or buying a new home please contact me at Foster@HomesofSummerville.com or www.HomesofSummerville.com.
Posted in Charleston Real Estate, Market Conditions, Summerville Real Estate | Leave a Comment »
November 9, 2009 by J. Foster Smith
Great News for those buying a home! Congress has extended and expanded the Homebuyer Tax Credit. See the table below to understand the modifications and changes. Please call or email me if you have any questions at Foster@HomesofSummerville.com.
| Feature |
January 1-November 30,2009Rules as enacted Feb 2009 |
December 1-April 30,2010 Rules as enacted Nov. 2009 |
| First Time Buyer – Amount of Credit |
$8000($4000 married filing separate) |
$8000($4000 married filing separate) |
| First Time Buyer – Definition of Eligibility |
May not have had an interest in a principal residence for 3 yrs. Prior to purchase |
Same |
| Current Homeowner – Amount of Credit |
No Provision |
$6500($3250 married filing separate) |
| Effective Date – Current Owner |
No Provision |
Date of Enactment |
| Current Homeowner – Definition for Eligibility |
No Provision |
Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years |
| Termination of Credit |
Purchases after Nov. 30,2009 (Becomes April 30,2010 on Date of Enactment) |
Purchases after April 30,2010 |
| Binding Contract Rule |
None |
So long as a written binding contract to purchase is in effect on April 30,2010, the purchase will have until July 1,2010 to close. |
| Income Limits |
$75,000-Single$150,000-Married
Additional $20,000 phase out |
$125,000-Single$225,000-Married
Additional $20,000 phase out |
| Limitation on Cost of Purchased Home |
None |
$800,000Effective Date of Enactment |
| Purchase by a Dependent |
No Provision |
IneligibleEffective Date of Enactment |
| Anti-Fraud Rule |
None |
Purchaser must attach documentation of purchase to tax return |
It is a great time to buy a home for three wonderful reasons:
- Interest Rates are at Historic Lows- The Fed has announced it will pull back on the purchase of mortgage-backed securities in March. Experts believe that will drive interest rates to over 6 percent.
- Tax Credits if you buy now. Tax Credis are due to expire the first half of 2010.
- Great Selection!
Posted in Charleston SC, Market Conditions, Summerville, SC | Tagged 8000 Tax Credit, First Time Homebuyer | Leave a Comment »
October 29, 2009 by J. Foster Smith
Halloween at Magnolia Plantation
When: October 29, 30 and 31, 6:00pm – 9:00pm
Where: Magnolia Plantation
Cost: $10 per carload up to six people
Come to Maganolia Plantation to enjoy popcorn, swamp juice, movie “swamp thing,” bonfire, marshmallow roast, nighttime train rides, cabin project tours and African-American/ Gullah folklore. Call (843) 571-1266 for more information.
Pumpkin Patch and Hayrides
When: October 30 – 31; opens at 9:00am
Where: Knightsville United Methodist Church,
1505 Central Ave.
Knightsville United Methodist Church will hold its Annual Pumpkin Patch until Halloween. For information call 875-2117.
Trick or Treat at the Summerville Farmers Market
When: October 31, 8am – 1pm
Where: Doty Street near Town Square
Vendors will pass out candies at the Summerville Farmers Market “Trick or Treat.” The farmers market features fresh vegetables and fruits, jellies and jams, fresh local honey, handmade soap and dog biscuits, herbs, plants, baked goods, kettle corn, italian ice and sweet grass baskets. The market will continue through November 21.
Jack O’Lantern Jubilee and Family Fun Night
When: Saturday, October 30; 5:00pm
Where: Downtown YMCA
The Downtown YMCA facility is open to the community. Enjoy Zumba, Wii games, pot luck dinner, costume contest, free Halloween pictures, pumpkin carving and more! For more details call (843) 871-9622 or visit www.summervilleYMCA.org
Posted in Family Events, Summerville, SC | Tagged Halloween | Leave a Comment »
October 23, 2009 by J. Foster Smith
Every once in awhile I run across a fun freebie that I like to share with my clients and friends. Use this printable coupon to get a free small cookie and a kid’s sized hot chocolate at Barnes & Noble valid on 10/24/2009 only. (That’s TOMORROW!!) -Scroll about half way down the page-
Fun date with your child or grandchild. I just noticed that they are doing storytime tomorrow as well. (Can you tell I am a Grandad?
) Here are The Barnes & Nobles near us in Charleston.
Posted in Charleston SC, Family Events, Summerville, SC | Tagged Barnes & Noble, Family Event, Free Cookie & Hot Chocolate | 1 Comment »
October 21, 2009 by J. Foster Smith
Below, you will find the top buys in the Summerville, SC area listed above $250,000.
To see the best buys under $150,000, Click Here.
To see the Best buys between 150K-250K, Click Here
If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly. These go fast.

-Click on each address for more details on each listing.-
| MLS Number |
Address |
City |
Price |
Square Feet |
Price/Sq.Ft. |
| 2926170 |
131 Berwick |
Summerville |
$279,990 |
3381 |
$82.81 |
| 2927511 |
5438 Rising Tide |
N. Charleston |
$267,000 |
3000 |
$89.00 |
| 2927553 |
5104 Cercial Court |
Summerville |
$269,900 |
3000 |
$89.97 |
| 2927037 |
5003 W Liberty Meadows |
Summerville |
$278,485 |
3013 |
$92.43 |
| 2926705 |
111 Catbriar Ct |
Summerville |
$328,000 |
3543 |
$92.58 |
| 2927142 |
225 Stallsville Loop |
Summerville |
$279,000 |
3000 |
$93.00 |
| 2926410 |
5504 Indigo Fields |
N. Charleston |
$350,000 |
3700 |
$94.59 |
| 2926847 |
187 Carolinian Dr |
Summerville |
$277,900 |
2800 |
$99.25 |
| 2927416 |
724 Beverly |
Summerville |
$263,000 |
2608 |
$100.84 |
| 2926423 |
5258 Mulholland |
Summerville |
$299,000 |
2900 |
$103.10 |
| 2927203 |
433 Chemistry Cir |
Summerville |
$278,000 |
2685 |
$103.54 |
| 2926989 |
1049 Trotters Blvd |
Summerville |
$259,000 |
2350 |
$110.21 |
| 2926933 |
105 Old Postern |
Summerville |
$365,000 |
3309 |
$110.31 |
| 2926211 |
101 Squire Ct |
Summerville |
$340,000 |
2975 |
$114.29 |
| 2926253 |
109 Oolong Ln. |
Summerville |
$269,900 |
2800 |
$115.32 |
| 2927553 |
5104 Cercial Court |
Summerville |
$269,900 |
3000 |
$89.97 |
| 2927803 |
506 Fairington |
N. Charleston |
$284,950 |
2750 |
$103.62 |
| 2926516 |
128 Heart Pine |
Summerville |
$399,900 |
3800 |
$105.24 |
| 2927538 |
323 Amaryllis |
Summerville |
$329,900 |
3106 |
$106.21 |
| 2926352 |
5300 Mulholland |
Summerville |
$274,900 |
2519 |
$109.13 |
Foster@HomesofSummerville.com or call 1-843-974-6029.
Posted in Summerville Real Estate | Leave a Comment »
October 20, 2009 by J. Foster Smith
These are the top buys in the Summerville, SC area ranging from $150,000-$250,000. To see the best buys under $150,000, Click Here. To see the best buys over$250,000, Click Here. Some of these are short sales, some foreclosures, some going to auction. If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly. These go fast.
-Click on each address for more details on each listing.-
| MLS Number |
Address |
City |
Price |
Square Feet |
Price/Sq.Ft. |
| 2926948 |
1036 Waterside Landing |
Summerville |
$196,790 |
2641 |
$74.51 |
| 2926843 |
8105 Bankshire Trail |
N. Charleston |
$155,000 |
1992 |
$77.81 |
| 2927333 |
5209 Carlisle Ct |
Summerville |
$170,000 |
2150 |
$79.07 |
| 2926673 |
5555 Indigo Fields |
N. Charleston |
$214,900 |
2700 |
$79.59 |
| 2926638 |
6004 Snead Ln |
Summerville |
$211,000 |
2626 |
$80.35 |
| 2926345 |
3030 Ellington |
Summerville |
$212,500 |
2641 |
$80.46 |
| 2927747 |
111 Apache |
Summerville |
$150,000 |
1780 |
$84.27 |
| 2927042 |
4800 Newkirk St |
Ladson |
$199,490 |
2354 |
$84.75 |
| 2927064 |
1013 Bridlewood Farms |
Ridgeville |
$165,690 |
1926 |
$86.03 |
| 2926328 |
121 Garden Grove |
Summerville |
$170,000 |
1950 |
$87.18 |
| 2926966 |
1026 Waterside Landing |
Summerville |
$191,820 |
2182 |
$87.91 |
| 2927581 |
8623 Aurora |
N. Charleston |
$185,000 |
2050 |
$90.24 |
| 2927514 |
8478 Signal Island |
Summerville |
$213,000 |
2348 |
$90.72 |
| 2926210 |
9004 Hema |
Summerville |
$199,000 |
2160 |
$92.13 |
| 2927743 |
2003 Culloden |
Summerville |
$174,750 |
1855 |
$94.20 |
| 2927673 |
1016 Bridlewood Farms |
Ridgeville |
$169,500 |
1740 |
$97.41 |
| 2926142 |
112 Foxglove |
Summerville |
$179,900 |
1837 |
$97.93 |
Foster@HomesofSummerville.com or call 1-843-974-6029.
Posted in Summerville Real Estate | 1 Comment »
October 20, 2009 by J. Foster Smith
These are the top buys in the Summerville, SC area listed under$150,000 that are currently active on the market.. (Best Buys over $150,000, Best Buys over $250,000) Some of these are short sales, some foreclosures, some going to auction. If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly. These go fast.
| MLS Number |
Address |
City |
Price |
Square Feet |
Price/Sq.Ft. |
| 2909848 |
209 Bramblewood |
Summerville |
$87,900 |
2200 |
$39.95 |
| 2736066 |
193 Dorchester Manor |
Summerville |
$90,000 |
2000 |
$45.00 |
| 2923861 |
106 Kings Way |
Summerville |
$83,900 |
1750 |
$47.95 |
| 2911467 |
309 Regent St |
Summerville |
$76,800 |
1973 |
$38.93 |
| 2921665 |
108 Jackson |
Summerville |
$130,000 |
1735 |
$74.93 |
| 2925665 |
108 Sandlewood |
Summerville |
$69,900 |
1420 |
$49.23 |
| 2924025 |
100 Candlewood |
Summerville |
$119,000 |
2400 |
$49.58 |
| 2912588 |
8207 Quail Hollow Ct |
N. Charleston |
$85,410 |
1632 |
$52.33 |
| 2923096 |
170 Hummingbird Ln |
Summerville |
$119,000 |
2000 |
$59.50 |
| 2903669 |
106 Quail Drive |
Summerville |
$85,000 |
1375 |
$61.82 |
| 2924380 |
130 Heart Pine Circle |
Summerville |
$150,000 |
2350 |
$63.83 |
| 2921708 |
127 Dunbury Dr |
Summerville |
$124,900 |
1934 |
$64.58 |
| 2926184 |
102 Chestnut Oaks |
Summerville |
$109,900 |
1685 |
$65.22 |
| 2926514 |
102 Lionel |
Summerville |
$109,109 |
1650 |
$66.13 |
| 2924469 |
5 Claybourne |
Summerville |
$144,990 |
2146 |
$67.56 |
| 2907450 |
8735 Water Ash Way |
N. Charleston |
$106,830 |
1568 |
$68.13 |
| 2915880 |
4819 Shady Tree Ln |
Summerville |
$110,000 |
1583 |
$69.49 |
| 2910713 |
9019 Maple Grove Dr |
Summerville |
$119,900 |
1708 |
$70.20 |
| 2915203 |
169 Sweet Alyssum |
Summerville |
$150,000 |
2114 |
$70.96 |
| 2925565 |
5079 Ballantine Dr |
Summerville |
$150,000 |
2099 |
$71.46 |
| 2924650 |
120 Lancer Drive |
Summerville |
$139,900 |
1852 |
$75.54 |
| 2921985 |
711 Hemingway Cir #10 |
Summerville |
$105,900 |
1395 |
$75.91 |
| 2924365 |
715 Hemingway Cir #12 |
Summerville |
$105,900 |
1395 |
$75.91 |
| 2924465 |
4 Claybourne Ct |
Summerville |
$137,900 |
1814 |
$76.06 |
| 2921517 |
161 Black River |
Summerville |
$119,900 |
1552 |
$77.26 |
| 2924156 |
128 Sawmill Dr |
Summerville |
$139,900 |
1806 |
$77.46 |
| 2927291 |
134 Destin St |
Summerville |
$130,000 |
1665 |
$78.08 |
| 2925346 |
9164 Maple Grove |
Summerville |
$125,000 |
1600 |
$78.13 |
| 2908779 |
207 N Palmetto |
Summerville |
$123,750 |
1673 |
$73.97 |
| 2914180 |
231 Grand Oaks #2303 |
Summerville |
$126,960 |
1685 |
$75.35 |
| 2832843 |
219 Grand Oaks #2202 |
Summerville |
$126,960 |
1685 |
$75.35 |
Foster@HomesofSummerville.com or call 1-843-974-6029.
Posted in Summerville Real Estate | 2 Comments »
October 13, 2009 by J. Foster Smith
As 2009 moves into the fourth quarter, many are analyzing if we are moving out of the recession and where the state of the economy is now located. I received an article from Edward Jones last week that made some good points that I thought I would share some of them with you. Of course, I don’t agree with everything but their stats are interesting and do show that positive movement in our economy has occurred and is continuing.
- Economic Indicators are Positive. Stock Market, measured by the S&P 500 had risen 50% from March lows.
- Global Economies are recovering. The OECD (Organization for Economic Cooperation and Development) leading indicators for its 33 member countries recorded the largest increase since records begain in 1962.
- Federal Reserve’s Efforts to stablilize the Financial System are working. Slashing interest rates and pumping trillions into the financial system restored money and corporate credit markets. Corporate America has taken advantage of attractive rates, issuing more than 800 billion in new bonds during the first 7 months of 2009.
- Bank Lending is Increasing. While standards are expected to reamin tight compared to historical standards, the improvement that has occurred should be enough to support economic recovery.
- Expectations for 2010 Economic Growth continue to improve. Wall Street Journal surveyed economists and 80% said they believed the recession either had already ended or would by September.
- Manufacturing is on the Rebound. The Fed said industrial production rose .8% in August comparted to july. This was the largest back to back gain since 2005 and followed nine consecutive monthly declines. European industrail orders increased 2.6% in July compared to June, the second consecutive increase.
(Points adapted and summarized from Edward Jones)
Posted in Charleston Real Estate, Charleston SC, Market Conditions, Summerville Real Estate, Summerville, SC | Leave a Comment »
October 1, 2009 by J. Foster Smith
Here is a wrap up of Charleston Real Estate sales activity for September. ( Previous Market Reports for Charleston SC & Summerville SC)


Summerville: (More Info)
- Houses Sold: 129
- Average Sale Price: $167,857
- Average Days on Market: 84
- Average List Price: $172,995

Moncks Corner & Goose Creek: (More Info)
- Houses Sold: 57
- Average Sale Price: $148,419
- Average Days on Market: 79
- Average List Price: $150,911
Hanahan: (More Info)
- Houses Sold: 12
- Average Sale Price: $161,739
- Average Days on Market: 95
- Average List Price: $164,578
North Charleston: (More Info)
- Houses Sold: 43
- Average Sale Price: $127,678
- Average Days on Market: 90
- Average List Price: $133,575
Charleston (The Peninsula): (More Info)
- Houses Sold: 12
- Average Sale Price: $821,991
- Average Days on Market: 144
- Average List Price: $880,991
Mt. Pleasant: (More Info)
- Houses Sold: 82
- Average Sale Price: $352,753
- Average Days on Market: 142
- Average List Price: $379,068
To discuss selling your home or buying a new home please contact me at Foster@HomesofSummerville.com or www.HomesofSummerville.com.
Posted in Summerville Real Estate | Leave a Comment »
September 28, 2009 by J. Foster Smith
These are the top buys in the Summerville, SC area listed under$150,000 that are currently active on the market.. To see the best buys over $150,000, Click Here. To see the best buys over $250,000, Click Here. Some of these are short sales, some foreclosures, some going to auction. If you have any questions on these homes, give me a call at 1-800-942-1828 x6029 or e-mail me at Foster@HomesofSummerville.com. Quickly. These go fast.
| MLS Number |
Address |
City |
Price |
Square Feet |
Price/Sq.Ft. |
| 2912514 |
102 Doris Court |
Summerville |
$49,800 |
1792 |
$27.79 |
| 2907623 |
212 Warington St |
Summerville |
$74,900 |
1866 |
$40.14 |
| 2918627 |
401 Twin Lakes |
Summerville |
$69,500 |
1694 |
$41.03 |
| 2911467 |
309 Regent St |
Summerville |
$86,400 |
1973 |
$43.79 |
| 2921665 |
108 Jackson |
Summerville |
$130,000 |
1735 |
$74.93 |
| 2924017 |
108 Roberta Dr |
Summerville |
$97,000 |
1960 |
$49.49 |
| 2924025 |
100 Candlewood |
Summerville |
$119,000 |
2400 |
$49.58 |
| 2912588 |
8207 Quail Hollow Ct |
N. Charleston |
$85,410 |
1632 |
$52.33 |
| 2919596 |
115 Canvaback |
Summerville |
$113,500 |
2100 |
$54.05 |
| 2815292 |
222 Barshay |
Summerville |
$89,000 |
1600 |
$55.63 |
| 2921492 |
198 Tupalo |
Summerville |
$85,000 |
1501 |
$56.63 |
| 2923096 |
170 Hummingbird |
Summerville |
$119,000 |
2000 |
$59.50 |
| 2723298 |
113 Malori |
Summerville |
$125,000 |
2027 |
$61.67 |
| 2909484 |
110 Pamela |
Summerville |
$64,900 |
1050 |
$61.81 |
| 2925218 |
2037 Azalee |
Summerville |
$132,000 |
2097 |
$62.95 |
| |
|
|
|
|
|
| 2907582 |
216 Bramblewood |
Summerville |
$125,000 |
1950 |
$64.10 |
| 2918813 |
114 Cedar Grove |
N. Charleston |
$125,000 |
1940 |
$64.43 |
| 2921708 |
127 Dunbury |
Summerville |
$124,900 |
1934 |
$64.58 |
| 2917383 |
110 Beverly Dr |
Summerville |
$103,700 |
1600 |
$64.81 |
| 2925415 |
107 Rosario |
Summerville |
$139,000 |
2096 |
$66.32 |
| 2908779 |
821 W 3rd St |
Summerville |
$59,900 |
900 |
$66.56 |
| 2921914 |
110 Pintail |
Summerville |
$135,000 |
2026 |
$66.63 |
| 2910713 |
9019 Maple Grove |
Summerville |
$120,000 |
1708 |
$70.26 |
Foster@HomesofSummerville.com or call 1-843-974-6029.
Posted in Summerville Real Estate | Leave a Comment »