How is The Real Estate Market Faring from 2011 to 2012 So Far?

Posted by Mike Ciucci on Monday, April 30th, 2012 at 6:28am.

This is a quick quarterly report with year to date Spring totals for 2012 compared to 2011 by area.

Worth noting:  the REO (Real Estate Owned, aka Foreclosure) closings are down from last year this same time by 30%. Closings are up 10% in Charleston county YTD while down 5% in Dorchester and flat in Berkeley County.  With the pendings up 30%, closings will catch up and with inventory falling, our local Charleston real estate market looks to be in recovery mode.

 

Market Statistics Spring 2011 vs 2012 

Let us know if you'd like a customized report for any particular area or Charleston neighborhood

 

  Mike Ciucci Realtor

Mike Ciucci specializes in the Charleston SC real estate market.  He has been a Charleston realtor for over 15 years, focusing on quality and attention to detail his clients have come to expect.

Mike Ciucci
Carolina One Real Estate

Phone: 843.608.8378
Email: mike@buyingcharlestonrealestate.com

www.BuyingCharlestonRealEstate.com

1 Response to "How is The Real Estate Market Faring from 2011 to 2012 So Far?"

Hilton Head Real Estate wrote: The Hilton Head & Bluffton market is looking pretty similar. Pending and closing numbers are up, inventory is down significantly compared to a couple years back. Still very much a buyers market and we're seeing those buyers taking action much more quickly than even a year ago. Good to hear things are looking good up your way as well.

Posted on Saturday, May 12th, 2012 at 10:02am.

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