Charleston Real Estate Market Stats & Facts: According to the local paper
November 7, 2009 by Steve deGuzman · Leave a Comment
An article came out in todays Post & Courier newspaper with an optimistic tone to it. The fact that BOEING IS coming to Charleston, SC certainly makes a significant impact and continues to drive future real estate market growth for sure. The local residential absorption rates will likely begin to decline (we hope). The market data as reported in todays paper:
Markets Facts and Stats
Awendaw-McClellanville:
Median home sales price: $186,389
Number of sales: 8
Average days on market: 75
Charleston:
Median home sales price: $531,333
Number of sales: 156
Average days on market: 196
Daniel Island
Median home sales price: $430,749
Number of sales: 89
Average days on market: 254
Edisto Island
Median home sales price: $380,583
Number of sales: 54
Average days on market: 180
Folly Beach
Median home sales price: $406,056
Number of sales: 35
Average days on market: 199
Goose Creek
Median home sales price: $153,246
Number of sales: 372
Average days on market: 91
Isle of Palms
Median home sales price: $903,257
Number of sales: 48
Average days on market: 208
James Island
Median home sales price: $222,250
Number of sales: 327
Average days on market: 116
Johns Island
Median home sales price: $231,203
Number of sales: 111
Average days on market: 141
Kiawah-Seabrook islands
Median home sales price: $449,754
Number of sales: 69
Average days on market: 211
Moncks Corner
Median home sales price: $166,489
Number of sales: 43
Average days on market: 94
Mount Pleasant
Median home sales price: $314,766
Number of sales: 830
Average days on market: 138
North Charleston
Median home sales price: $133,398
Number of sales: 467
Average days on market: 105
Sullivan’s Island
Median home sales price: $994,522
Number of sales: 17
Average days on market: 132
Summerville
Median home sales price: $160,625
Number of sales: 488
Average days on market: 113
West Ashley
Median home sales price: $203,895
Number of sales: 683
Average days on market: 100
Western Charleston County
Median home sales price: $185,861
Number of sales: 47
Average days on market: 144
EDITOR’S NOTE: Area figures are based on the “median”, or midpoint, price. That’s a typical market price where half of the homes sold for more and half sold for less. All market and median prices configured by the Charleston Trident Association of Realtors Multiple Listing Service. Totals are year-to-date through September 2009. Isle of Palms numbers exclude Wild Dunes.
