The Latest Charleston Real Estate Statistics from January to August 2010Posted by Mike Ciucci on
I've linked the latest stats below. All areas from:
- January-August '09 vs. January-August '10
The good news is that overall number of transactions has increased by 15.2% year to date and median sales price has increased 1.9% year to date. The bad news is the year to date number of transactions was up 30% at the end of June and 20% at the end of July. It is still up 15.2% but seems to be dropping and likely headed for a 10% gain by the end of the year. We had 8100 closed transactions in 2009 and will likely have between 8800-8900 transactions in 2010. Overall inventory has dropped, but not significantly. We still have over 12 months of inventory.
More good news is that some specific MLS areas have significantly out-performed the overall market. …
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