Real Estate Market Report - Stats - Single Family - Charleston, SC - March 2011

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Real Estate Agent with AgentOwned Realty, Charleston SC
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Real Estate Market Report - Stats - Single Family - Charleston, SC - March 2011

Broad St, Charleston, SC

Market stats just released by the Charleston Board of Realtors.  I think everyone is hoping for more activity during our historically busy April and May.  Last years stats include the effects of the Federal tax credit for homebuyers.  Two increases from last months numbers:  number of closed sales and Days on the Market (DOM).

Real Estate Market Report - Charleston County - Single Family                  Joye Ridgeway   843-270-8665

                                  March  COMPARISON

                YEAR TO DATE COMPARISON

 

2010 2011 Change 2010 2011 Change
New Listings 930 758 -18.5% 2306 1961 -15%
Closed Sales 304 330 +8.6% 721 760 +5.4%
Median Sales Price $260,450 $244,525 -6.1% $259,500 $246,000 -5.2%
Average Sales Price $375,095 $339,551 -9.5% $373,713 $329,923 -11%
Percent of Original List Price Received at Sale 89.6% 88.1% -1.8% $88.6% 88.1% -0.5%
Average Days on Market
Until Sale
111 125 +12.6% 126 120 -4.8%
Inventory of Homes for Sale at Month End 4089 3586 -12.3%

 

All data from the Charleston-Trident Association of REALTORS.  Deemed reliable but not guaranteed .

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Real Estate Market Report - Stats - Single Family - Charleston, SC - March 2011

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