Charleston SC Metro Real Estate: South Carolina: Moncks Corner

My favorite time of year is fastly approaching.  I love the fall because of the great weather but also because of the vast array of football - High School, College and the NFL. 

Below is the 2009 football schedule for Berkeley High located in Moncks Corner SC.

Foxbank Plantation is located off of Hwy 54 between Goose Creek and Moncks Corner South Carolina.  The neighborhood has several builders to include KB Homes, Lennar, Sable Homes, David Weekley Homes, Palmetto Classic Homes, Truepenny Homes, and Southlund.  The new home community offers a wide variety of home prices ranging from 150's to the 300's as well as a wide variety of home styles.

Below are the statistic for homes sold this year up to April 2009:

The average list price this year so far is around 192K while that average sold price is around 189K.  The average days on market is 98 days and the current inventory of homes for sale in Foxbank Plantation is 33. 

If you are interested in buying a home in Foxbank Plantation or anywhere else in the Charleston area real estate market, please give me a call.  I will show you how I can help you get the most for your money and best of all, my services are at no cost to you.  You have nothing to loose.

Michael J. Johnson, Realtor

843-817-5299

michaeljohnson@carolinaone.com

www.providingthelight.com

www.metrocharlestonhomes.com

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Below are the most recent statistics for Foxbank Plantation located in Moncks Corner SC. Note that this does not reflect the whole month of December 2008.  Sales picked up tremendously in November which may be attributed to a string of new homes which were recently completed and then bought. 

This graph can help tremendously with finding out the neighborhood absorption rate.  Absorption Rate is the ablitiy of the real estate market to sell off its inventory of homes.  Take the number of homes sold in the last 11 months (80) (note that I am not counting December) and divided that by 11 (number of months).  That gives you a 7.27 absorption rate for Foxbank. 

The graph also shows that there are 38 homes currently on the market in that neighborhood.  Divide 38 by the absorption rate of 7.27 and that gives you the total months of inventory which in this case is 5.22 months.  This general rule is that 6 months of inventory is a balanced market.  Less than 6 months is a sellers market and more than six month inventory is a buyers market. 

Michael J. Johnson

843-817-5299

www.providingthelight.com

      $225,000

This is your chance to own a wonderful home just steps away from the Cooper River in the highly desirable neighborhood of Pimlico Plantation. The neighborhood has a public boat ramp and dock which gives you access to the river that leads to the Charleston Harbor and the Atlantic Ocean. The large home is on a spacious corner lot that is just over a quarter of an acre. Note that the lot behind and to the side are empty and owned by neighbors.

Enter the home and you will notice a sizeable formal living room perfect for entertaining guests. From here enter the fully equipped kitchen that features an electric range, refrigerator, and dishwasher (all which convey with the property). The kitchen also features an abundance of cabinet space and a pantry. There is an allotted space for a dinning room table in the eat-in-kitchen area. From here stroll to the family room/den and notice the beautiful real wood bead-board paneling. This would be a great reading room or TV room for the family. On to the master suite located downstairs. The master suite is a generous size and has a full bathroom attached. 

Head upstairs to the three remaining bedrooms. All three extra bedrooms have an abundance of space and character, especially when compared to newer homes being built today. There is also a full bathroom upstairs. Note: The fourth bedroom is over the garage (FROG). The only access to the room is by walking through one of the extra bedrooms, but the room is enclosed and has a closet. 

Other property features include a huge two car garage, two workshops/storage buildings (one of which has a huge sink and running water - good for cleaning the fish you catch in the river), an above ground pool, and two covered sheds for large boats, RV's, or Campers. The owners speak very highly of the neighborhood and love their neighbors. Stop by and sit on the old country style swing in the front yard. Feel the breeze and experience the quiet joys of living in Pimlico Plantation.

Michael Johnson

843-817-5299

www.providingthelight.com

www.metrocharlestonhomes.com

Foxbank Planation is a new home community with builders such as DR Horton, Sabal Homes, and KB Homes currently building homes in the neighborhood.  There is also an opportunity to buy a lot in the area and build a custom built home. 

A town center is in the planning stages to serve the community and there is hopes that in time it will increase home values.  Foxbank Plantation is conveniently located off of HWY 52 between Goose Creek & Moncks Corner.  Below is the Sales and Inventory Report for the neighborhood.  If you have any questions, or if you are interested in buying or selling a home in Foxbank Plantation, give me, Michael Johnson, a call at 843-817-5299.  My email is michaeljohnson@carolinaone.com.  You can also visit my website at www.providingthelight.com

Pimlico is a highly desirable neighborhood in the southern portion of Moncks Corner South Carolina.  What makes the neighborhood so desirable is that the homes are either on or have direct access to the Cooper River, most of which classifies as "deep water" property.   Below are market statistics for the neighborhood of Pimlico from Jan 08 thru 23 Sep 08.  If you are interested in information about homes in Pimlico or any other subdivision within the Charleston Tri-county area, please give me call.

Michael J. Johnson

843-817-5299

michaeljohnson@carolinaone.com

www.providingthelight.com

Below is a report that compares the number of homes in each major price bracket that were sold from Jan-Aug of 2007 and 2008 in Moncks Corner SC.  As you can see most price brackets have dropped in the number of homes sold from last year.

If you are a home owner in Moncks Corner and are considering selling, the most important decision you will make is determining the right Realtor and the right company to get your home sold in this very competitive buyer's market.  My job is to help people make good decisions in real estate.  Contact Michael Johnson at 843-817-5299 for a free personalized home consultation.

If you are a buyer looking for a home in Moncks Corner you can visit my website to perform a free home search.  Visit www.providingthelight.com or give me a call and we can schedule a time to view some homes that you may be interested in seeing in Moncks Corner or anywhere in the Charleston Metropolitan area.

WWW.563EnglishOak.com

563 English Oak Circle, Moncks Corner SC

Price Reduction - $200,000

4 Bedrooms / 2.5 Baths / 2684 Square Feet

WOW! MOVE-IN-READY!!  What a great deal in flourishing neighborhood equipped with several amenities including a neighborhood pool and playground. Seller is offering a home warranty.

This large home is move-in ready with many upgrades throughout. It sits on a great lot that backs up to a pond and woodlands. Enter the home and the open floor plan becomes immediately evident as you walk into the formal living room. Stylish columns separate the formal dining room and a tray ceiling accents the area. The spacious kitchen is equipped with an electric range, dishwasher, garbage disposal, extra large cabinets with under cabinet lighting, and an ample pantry. The eat-in kitchen area sits in a perfect location in front of the sliding glass door for mornings when you would like to have breakfast and take in the fantastic view of the pond. The family room is equipped with a gas fireplace that can be turned on with the flick of a switch. This room is a nice place to entertain guests and is adequately distanced from the formal living room.

Next, head up the stairs and behold the grand loft. This area is great as a second living room where a kids TV, toys, and games can be kept. The 3 extra bedrooms are all a generous size and two of them have a walk-in closet. There is a full bath in close proximity to all of the bedrooms. The laundry room is also conveniently located upstairs. The master bedroom is extensive in size and features a cathedral/vaulted ceiling and a decorative ledge that can be used for plants and other ornaments. The master bathroom features dual sinks, a garden tub, and a separate shower. There is also a substantial master closet attached to the master bathroom.

Click Here for More Pictures

On the outer edge of the Charleston metropolitan is the town of Moncks Corner SC.  The steady increase in growth to Moncks Corner over the years is primarily due to Lake Moultrie and its surrounding sportsman's paradise.  Lake Moultrie is a 60,300 acre man made lake. Its perimeter stretches 135 miles and it is known for its wildlife to include its abundantly large fish which have produced several world records. The lakes are maintained by Santee Cooper, a state run organization.

The lakes were originally used as far back as 1800 to transport goods from Columbia to Charleston.  But, more recently in the 1930s & 1940s, the Santee Cooper project (federally funded and state owned) was started as a way of building dams in the lakes for hydroelectric power.  Before the project 93% of the South Carolina population were without electricity but after its completion in 1942 people throughout South Carolina began to benefit from hydroelectic power, which today serves all 46 counties in one capacity or another.

There are several public boat ramps surrouning the lake for access as well as a diversion canal on the north side of the lake into Lake Marion (an additional 96,400 acre lake).  The Pinopolis Lock system on the south side of the lake near Moncks Corner gives entry to the Trail Race Canal, which in turn leads to the Cooper River and out to Charleston Harbor, as well as the Atlantic Ocean.  

If you are interested in more information about real estate in Monkcs Corner or around Lake Marion, please contact Michael Johnson at Carolina One Real Estate:

Phone:843-817-5299

Email: michaeljohnson@carolinaone.com

Website:  www.providingthelight.com

Moncks Corner is a quaint little town on the outer edge of the Charleston SC metropolitan limits.  It is about an hours drive to downtown Charleston and the beaches.  But, most people who live here will tell you that they are not interested in downtown Charleston and its area beaches as much as they are the quite neighborhoods, lower priced houses, the sportsman's nirvana of hunting and fishing on and around Lake Moultrie.  Below are the housing market statistics for Moncks Corner in 2008. 

Note:  the August sales are only up to the 10th day of the month.

If you are interested in more information about buying or selling a home in or around Moncks Corner, please contact Michael Johnson at 843-817-5299 or visit my website at www.providingthelight.com.