Charleston Home Sales Data
November 2009

The Charleston Trident Association of Realtors Multiple Listing Service reported 650 residential single family detached home sales in November. This was a 5.6% increase over October sales. Both the average sales price of $232,892 and the median price of $178,480 were less than October numbers. The average days on market (DOM) was 90 which was a slight improvement over October DOM of 99. On average, homes sold for 96% of the list price. For every home sold, 1.36 homes were newly listed for sale.

The increase in home sales over the past two months is attributed to the First Time Home Buyers Tax Credit. 

	# Sold	Median Price	Average Days on Market
Area	# Active	Average Price	Month’s Inventory
	14 ☺	$299,000	184
Charleston Peninsula	399	$452,913	32.43
	7	$400,001	98
Daniel Island	124	$508,285	21.14
	60	$154,750 ☺	60
Goose Creek	322	$158,205	6.67
	18	$162,612	41 ☺
Hanahan	131	$168,483	9.11
	8	$516,250	199
Isle of Palms	288	$654,000	40
	27 ☺	$235,000 ☺	147
James Island	303	$255,016 ☺	13.41
	3	$397,640 ☺	207 ☺
Meggett - Hollywood - Ravenel	118	$280,880	45
	75	$350,000 ☺	123
Mt. Pleasant	878	$430,704 ☺	14.57
	36 ☺	$174,500 ☺	74
Moncks Corner	269	$179,037 ☺	9.56
	88 ☺	$147,600 ☺	72 ☺
North Charleston	561	$151,769	7.85
	0	-	-
Sullivans Island	41	-	-
	153 ☺	$162,915	84
Summerville	931	$174,175	8
	56 ☺	$200,000	63 ☺
West Ashley	439	$210,358	8.08

Statistics from Charleston Trident Association of Realtors MLS and are deemed reliable but not guaranteed. Numbers represent SINGLE FAMILY DETACHED HOMES sold in November. Median price indicates the point at which half the homes sold for more and half the homes sold for less. The ☺ represents an improvement over the previous month. Month’s inventory reflects the amount of time it would take to sell out of the current inventory of active, contingent, and pending property listings at the current month’s rate of sale. 

Statistics were compiled 12/14/09.

Daniel Island Homes for Sale	Isle of Palms Homes for Sale	Mt. Pleasant Homes for Sale
Charleston Peninsula Homes for Sale	James Island Homes for Sale	West Ashley Homes for Sale