Since the Mount Pleasant real estate market peaked in 2005, sellers starting to receive a lower percentage of their original asking price for their Mount Pleasant homes. In May, 2005, sellers were receiving 99.1% of their original asking price at closing. This percentage steadily began to drop and bottomed out at an average of 88.2% in September, 2009….
As you can see from the chart above, the trend started to reverse in early 2010 and sellers are now receiving an average of 92.4% of their original asking price at closing.
So what is next for our market? Stay tuned to this page for regular updates on the trends in the Mount Pleasant real estate market.
Please give us a call if you have any questions about this post or need other specifics about the Mount Pleasant real estate market. If you are thinking of selling, please contact us to get a market analysis for your home and to learn more about our marketing programs.