|
|
The Charleston Trident Association of Realtors Multiple Listing Service reported 613 residential single family detached home sales in October. This was a 13.4% increase over September sales. Both the average sales price of $256,170 and the median price of $181,500 were consistent with September numbers. The average days on market (DOM) was 99 which was a slight improvement over September DOM of 106. On average, homes sold for 95% of the list price. For every home sold, approximately 1.8 homes were newly listed for sale. At the current rate of sale, it would take 14.29 months to deplete the inventory; six months inventory is considered a balanced market.
As of November 17, sales of detached homes are down 11.49% over the same time period last year.
|
|
# Sold |
Median Price |
Average Days on Market |
|
Area |
# Active |
Average Price |
Month’s Inventory |
|
|
|
|
|
|
|
13 ☺ |
$360,000 ☺ |
91 |
|
Charleston Peninsula |
413 |
$1,374,961 ☺ |
31.77 |
|
|
|
|
|
|
|
12 ☺ |
$539,584 ☺ |
127 |
|
Daniel Island
|
123 |
$582,744 ☺ |
10.25 |
|
|
|
|
|
|
|
64 ☺ |
$154,500 ☺ |
60 ☺ |
|
Goose Creek |
340 |
$161,562 ☺ |
5.3 |
|
|
|
|
|
|
|
22 ☺ |
$175,185 |
103 |
|
Hanahan |
123 |
$204,302 ☺ |
5.59 |
|
|
|
|
|
|
|
9 ☺ |
$725,000 ☺ |
208 |
|
Isle of Palms
|
299 |
$929,557 ☺ |
33.22 |
|
|
|
|
|
|
|
22 |
$192,500 |
63 ☺ |
|
James Island |
315 |
$213,925 |
14.32 |
|
|
|
|
|
|
|
3 ☺ |
$192,500 |
343 |
|
Meggett - Hollywood - Ravenel |
119 |
$361,666 ☺ |
39.67 |
|
|
|
|
|
|
|
76 |
$281,000 |
126 ☺ |
|
Mt. Pleasant
|
884 |
$335,023 |
11.63 |
|
|
|
|
|
|
|
27☺ |
$150,000 |
69 ☺ |
|
Moncks Corner |
264 |
$158,500 ☺ |
9.78 |
|
|
|
|
|
|
|
57 |
$145,626 |
98 ☺ |
|
North Charleston |
551 |
$169,272 ☺ |
9.67 |
|
|
|
|
|
|
|
2 ☺ |
$775,000 |
274 |
|
Sullivans Island |
43 |
$775,000 |
21.5 |
|
|
|
|
|
|
|
139 ☺ |
$165,900 ☺ |
83 ☺ |
|
Summerville |
939 |
$186,548 ☺ |
6.75 |
|
|
|
|
|
|
|
50 |
$215,000 |
131 |
|
West Ashley |
460 |
$239,281 ☺ |
9.2 |
|
|
|
|
|
Statistics from Charleston Trident Association of Realtors MLS and are deemed reliable but not guaranteed. Numbers represent SINGLE FAMILY DETACHED HOMES sold in October. 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 listings at the current month’s rate of sale and does not include contingent or pending properties.
Statistics were compiled 11/16 and 11/17. Updated 1/12/10.
|
|
Take the frustration out of selling in today's challenging market by choosing an agent with a straightforward approach who gets results. 
