Tagged : Charleston Real Estate Statistics 
There are currently 10 blog entries matching this tag.
More Great Charleston Real Estate Statistics for the Past Few Years
Wednesday, January 18th, 2012 at 9:44am. 139 Views, 1 Comments.
Here is the Statistical Summary for 2011 MLS Tri-County Residential data. The Tri-County report shows that the number of Closed Homes (8,953) increased 5.3% in 2011 compared to 2010, and increased by 11.7% compared to 2009. At the same time, New Listings Taken has decreased by 16.3% over 2010.
The Median Sales Price dropped from $189,215 in 2010, to the 2011 level of $183,000, or a 3.3% decrease. The Median Sales Price, just 10 years ago in 2002, was $156,000 or a 17% increase in that time period.
I am also attaching the Housing Appreciation Supply & Demand for the past 10 years, which shows the number of New Listings Taken for each year as compared to the number of Homes Closed each year. The graph shows, visually, when area real estate was a Buyer's…
Recent Sales in The Charleston Real Estate Market Are Up
Thursday, January 12th, 2012 at 11:34am. 130 Views, 0 Comments.
Charleston Home Sales Up in Last 4 of 5 Months
Homes sales have increased vs last year in the latest Charleston statistical data. This is great news for homeowners as this obviously means more buyer activity. Not only that, but the existing number of active homes on the market have decreased once again- making for an even more healthy overall real estate market in Charleston.
The results could potentially be even better. Don't forget that the Home Buyers Tax Credit expired last year in June, making for an abnormally high amount of sales for those number of months in 2010.
Number of active homes on the market are down (great), number of buyers purchasing in Charleston are up (great), but also keep an eye on home values. I'm seeing some pockets in…
Charleston Real Estate Statistics: '09 vs '10 vs '11
Tuesday, November 8th, 2011 at 9:34am. 197 Views, 0 Comments.
Here is a snapshot of the Charleston real estate statistics for Charleston County. These stats compare the years 2009, 2010, and 2011.
Please note that the listings taken are down. This is great news, since we want the extraordinary high number of active homes on the market to come down. In any healthy real estate market, we want the active listing inventory to be around 6 months. This means that if no other new homes came on the market- it would take 6 months to sell the active homes at the current rate they are selling. Thus, these results show that we are trending in the right direction.
Also note that while the average sales price is again down, the number of closings are up. In other words, activity is up.
Charleston Real Estate Market Update
Tuesday, October 18th, 2011 at 7:41am. 161 Views, 0 Comments.
Random Thoughts and Statistics for this Charleston Real Estate Market
Here are some statistics for you regarding the different areas surrounding Charleston. Remember- every market is different, and every market in each area surrounding Charleston is also different.
Random stats from last week:
- 165 residential properties under contract past wk. Great buying activity for time of year. But prices continue to fall (like the rest of the real estate markets around the country).
- 136 single family homes under contract past wk. Median LIST price $180k(low), $94/sqft. 25 under $100k. 7 over $1M.
- 37(27%) of 136 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
- 17 island single family homes under contract past wk:…
When is the Real Estate Bottom Going to Arrive in Charleston SC?
Friday, June 17th, 2011 at 11:31am. 528 Views, 3 Comments.
I get a lot of real estate questions during work, at dinner parties, at kid’s birthday parties, from friends, from family- about the current real estate market here in Charleston. The number 1 question that I’ve been getting lately is:
When are we going to see the bottom?
Well, if I had a dollar for every time I’ve heard that question. The short answer is: I don’t know, but it could be now, depending on other factors, or your current situation. I want to put something out there that I hope you buyers will take into account when considering purchasing at “the bottom”. Know that every person’s situation is different when timing the market- but let’s look at one factor. Do not only think in terms of home values when determining “the bottom”, but…
First Quarter 2011 Charleston SC Real Estate Statistics
Tuesday, April 26th, 2011 at 11:38am. 485 Views, 1 Comments.
Charleston Real Estate Statistics for 2011 (Video Blog)
The Bottom of the Charleston Real Estate Market Just Passed You By...
Monday, November 8th, 2010 at 8:57am. 458 Views, 0 Comments.
If you're waiting to pull the trigger on purchasing real estate as a buyer here in Charleston SC, should you consider buying now instead of later? I've found some interesting numbers this morning from the Charleston MLS. The numbers speak for themselves. We have a surplus in sold properties in almost every price range for this year, compared to last year.
But now? In this economy? Yes.
But lets not forget, the tax credit certainly helped boost along what
would otherwise be a dreary first quarter (and last year's November and
December were strong, which are not represented in this report). But
this is certainly interesting, and we'll have to see how the rest of the
year plays out. I'll do another report at the end of the year for a
look at…
February Home Sales up 22% for the Charleston Region
Tuesday, March 23rd, 2010 at 7:10am. 351 Views, 0 Comments.
According to new data from the Charleston Trident Association of Realtors, homes sales were up 22% in February over last year for the Charleston, SC region. A total of 509 homes sold in the Charleston area, and this was up from last year’s number at 417 in February of ’09. The Tax Credit seems to be pushing these numbers.
The median home sales priced did not change much, it was at $179,900 for this February and last year’s was $179,450. Since the beginning of the year, 851 homes have sold in the Charleston area, while 789 sold last year in the same timeframe. That’s an increase of 10%. The median sales price since January is up 5% over what it was last year.
Among the Tri-County area, Charleston County led in price increases and volume for…
Video Blog on the Latest Charleston Market Info
Friday, December 18th, 2009 at 9:28am. 594 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. 538 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:
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