April 2009 Stono Ferry
Homes Sold
Address List Price Sold Price Sold/List Ratio
5193 Timber Race $675,000 $525,000 77.78%
For
Stono Ferry Homes, Townhomes and Lots
* Stono Ferry Homes For Sale: 15 (-6)
* Stono Ferry Homes Under Contract: 2
* Stono Ferry Homes Sold: 1
* Stono Ferry Ironwood Townhomes For Sale: 13(+3)
* Stono Ferry Ironwood Townhomes Under Contract: 0
* Stono Ferry Ironwood Townhomes Sold: 0
* Stono Ferry Lots For Sale: 22 (+1)
* Stono Ferry Lots Under Contract: 0
* Stono Ferry Lots Sold: 0
(Source: CTAR Statistics.. Reliable but Guaranteed)
For the month of April 2009 Stono Ferry homes sales saw some very positive news. One home sold and 2 more went under contract in Stono Ferry in April. The inventory of Stono Ferry active homes dropped from 21 units to 15 and for the first time in over 2 years a home sold for above $500,000.
Land sales remain dormant with the last lot selling in Stono Ferry over 15 months ago. One more lot came of the market increasing the inventory to 22 lots for sale in Stono Ferry. Stono Ferry land sales mirrors the Charleston market for land, with no building going on there is low demand for lots.
Ironwood townhomes had 3 more units come on the market increasing inventory to 13 units. None of the Ironwood townhomes went under contract or sold during April.
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