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Daniel Island (Charleston, SC) had 15 single family detached homes sell during August with an average sales price of $525,000 and median price of $650,645. The number of homes sold in August decreased over July sales with a 31% increase in average sales price and a 18% increase in median price. The average number of days on market (DOM) increased to 118 over July DOM of 102. On average, homes sold for 90% of the list price. For every home sold, 1.3 homes were newly listed for sale. At the current rate of sale, it would take 10 months to deplete the inventory of homes; six months inventory is considered a balanced market.
Daniel Island currently has 127 single family detached homes listed for sale with an average list price of $1,198,412 and median list price of $849,000. There are 12 homes under contract and an additional 11 homes currently pending sale. There are an additional 113 attached homes listed for sale on Daniel Island.
Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 9/17/2010. Numbers represent SINGLE FAMILY DETACHED HOMES sold in August 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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Take the frustration out of selling in today's challenging market by choosing an agent with a straightforward approach who gets results. 
