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Office Location Carolina One Real Estate
1265 Folly Rd
Charleston, SC 29412
Phone: (843) 608-8378
Fax: (843) 746-4729

Tagged : Charleston Real Estate Statistics

There are currently 2 blog entries matching this tag.

Video Blog on the Latest Charleston Market Info

Friday, December 18th, 2009 at 9:28am. 126 Views, 1 Comments.

Updates on the Charleston Real Estate Market

Here is some updated information on the extended Home Buyers Tax Credit, as well as some statistics on how the Charleston real estate market performed as a whole for the end of 2009.  Don't forget, the First Time Home Buyers Tax Credit has been extended until April 30th, 2010.

Play the video to take a look at what the Tax Credit did for home sales in October.  Pretty staggering, really.  Signed purchase agreements were up 67.8% in October from a year ago.


 

Video provided by the Charleston Trident Association of Realtors.


Market Update for Charleston, SC Real Estate

Tuesday, September 29th, 2009 at 12:07pm. 229 Views, 2 Comments.

The expiration of the federal tax credit for first-time homebuyers still seems to be spurring activity in the Charleston market.  Pending sales were up 23.8% in August, which marked the largest increase in pending sales since 2005.

There are fewer new listings on the market, with 1,583 new listings in August, which is a 6.8% decrease from last August 2008.  This is great news, which means less housing inventory to absorb.

Prices are still in decline, showing a 5.2% drop from last August 2008.  However; this is a smaller decline than seen in prior months, indicating that prices may be a little stronger...slightly.

Here are some visual market stats for you, taken from the Charleston MLS:


New Listings for Charleston

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