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Mt. Pleasant Home Sales May 2010
Mt. Pleasant had 108 single family detached homes sell during May with an average sales price of $384,653 and median price of $320,500. This was an increase over April sales with a 8% increase in average sales price and a 9% increase in median price. The average number of days on market (DOM) was 107, increasing over April's DOM of 103. On average, homes sold for 95% of the list price. For every home sold, 1.56 homes were newly listed for sale. At the current rate of sale, it would take approximately 11.19 months to deplete home inventory; six months inventory is considered a balanced market.
Dunes West had the most sales of any Mt. Pleasant neighborhood with 19 sales. Overall, Mt. Pleasant home sales for 2010 were up 34.40% over sales for 2009. There are currently 931 single family detached homes listed for sale in Mt. Pleasant.
Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 6/29/10. Numbers represent SINGLE FAMILY DETACHED HOMES sold in May 2010 and are deemed reliable but not guaranteed. Median price indicates the point at which half the homes sold for more and half the homes sold for less.
For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.
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Today's Rates:
| 30-yr Fixed | 3.83% | 3.96% | | 15-yr Fixed | 3.05% | 3.21% | | 1-yr Adj | 2.73% | 3.39% |
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