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Daniel Island (Charleston, SC) had 16 single family detached homes sell during May with an average sales price of $876,095 and median price of $602,500. The number of homes sold in May increased over April sales with a 9% decrease in average sales price and a 10% decrease in median price. The average number of days on market (DOM) increased to 229 over April DOM of 143. On average, homes sold for 87% of the list price. For every home sold, 1.2 homes were newly listed for sale. At the current rate of sale, it would take 9.875 months to deplete the inventory of homes; six months inventory is considered a balanced market.
Daniel Island currently has 125 single family detached homes listed for sale with an average list price of $1,187,531 and median list price of $850,000. There are 21 homes under contract and an additional 12 homes currently pending sale. There are an additional 142 attached homes listed for sale on Daniel Island.
Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 6/29/2010. Numbers represent SINGLE FAMILY DETACHED HOMES sold in May 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. 
