Good Morning from The Cobb Group!
The storyline this week is the excellent overall health of Moss Creek. We are perfectly positioned between Bluffton & Hilton Head and with spring on it’s way, nature abounds. Bar none we have the best combination of any gated community on or off the island with first class amenities and a relatively low fee. The future is bright in Moss Creek! The best judge of a popular or successful neighborhood, real estate-wise, is the relationship of its inventory and its pipeline of homes under contract.
If you are thinking about selling your home, now is a great time to call us and get together on the details. We have a popular neighborhood, a very low number of single family homes for sale (27), and an exceptional pipeline of homes under contract (10). We have sold (10) homes to date in 2017. A community with a strong balance of supply and demand of single family homes has an average of 180 days of “Days Outstanding” - if your home hasn’t sold in 180 days you are entering a stale period where either price or marketing needs assistance - normally in today’s world it is a price problem. Many of our competitive neighborhoods have “Days Outstanding” above 300-350 days!
In Moss Creek the “Days Outstanding” supply/demand ratio is 81 days which means many properties coming on the market are selling in a relatively short amount of time if priced at market value. We actually could use a dozen or so new listings because buyers are having trouble finding the home of their choice in Moss Creek.
Based on historical data, we always sell more properties between now and the last day of the Heritage than at any other time of the year. There are 10 times more buyers in the Lowcountry with 10 times more income than any other time of the year. What you don’t want to be is a seller without a contract on “Blue Monday” - the Monday after Heritage. By then most of the spring break visitors and golfing fans are headed home until summer.
Call us today for a confidential consultation about the value of your home! We take you from listing to closing. We would love to partner with you on the sale of your home.
Enjoy this burst of chilly weather and have a great weekend!