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The Charleston Trident Association of Realtors Multiple Listing Service reported 533 single family detached home sales in September. This was almost a 3% decrease over August sales.
The average sales price showed a slight decrease over August at $289,094 and the median price decreased about 9.5% to $199,000. The average days on market (DOM) decreased to 103 from 106 in August. On average, homes sold for 93% of the list price. For every home sold, 2.06 homes were newly listed.
There are currently 6,551 single family DETACHED homes listed for sale in the Charleston MLS and an additional 2,207 condos and townhomes available. As of October 22, detached homes sales improved about 11.77% over sales for the same time period in 2009.
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# Sold |
Median Price |
Average Days on Market |
|
Area |
# Active |
Average Price |
Month’s Inventory |
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|
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12 |
$705,000☺ |
215 |
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Charleston Peninsula |
397 |
$749,661☺ |
38.67 |
|
|
|
|
|
8 |
$677,335 ☺ |
110 |
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Daniel Island |
114 |
$1,009,333 ☺ |
18.75 |
|
|
|
|
|
46 ☺ |
$148,070 ☺ |
88 |
|
Goose Creek |
319 |
$143,976 |
9.26 |
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|
|
|
16 |
$225,787 ☺ |
63 |
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Hanahan |
136 |
$252,068 ☺ |
11.25 |
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|
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7 |
$585,000 |
311 |
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Isle of Palms |
151 |
$581,428 |
24.14 |
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|
|
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28 |
$232,500 |
124 |
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James Island |
325 |
$258,332 |
15.21 |
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4 ☺ |
$207,000 |
131 |
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Meggett - Hollywood - Ravenel |
132 |
$216,375 |
26.75 |
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88 |
$383,750 |
91 |
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Mt. Pleasant |
832 |
$436,340 |
12.63 |
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32 |
$178,782 ☺ |
90 |
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Moncks Corner |
237 |
$182,651 ☺ |
9.81 |
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|
59 |
$144,990 |
104 |
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North Charleston |
517 |
$155,981 |
12.20 |
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1 |
$1,950,000 ☺ |
208 |
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Sullivans Island |
48 |
$1,950,000 ☺ |
61 |
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102 |
$167,500 |
74 |
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Summerville |
1050 |
$164,526 |
13.57 |
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47 ☺ |
$202,000 |
61 |
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West Ashley |
545 |
$216,354 |
14.32 |
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Statistics from Charleston Trident Association of Realtors MLS and are deemed reliable but not guaranteed. Numbers represent SINGLE FAMILY DETACHED HOMES sold in September. 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 10/22/2010.
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