Charleston Statistics – August 2011
For the 12-month period spanning September
2010 through August 2011, Pending Sales in the Charleston region were
up 2.3 percent from the same period a year prior. However, the largest
gain occurred in the $350,001 and above range, where they increased 3.1
percent to 1,808 units.
The overall Median Sales Price was down 0.9 percent to $181,529. But
the property type with the largest price gain was the Single-Family
segment, where prices increased 2.5 percent to $194,700. The price
range that tended to sell the quickest was the $150,001 to $200,000 range
at 96 days; the price range that tended to sell the slowest was the
$300,001 and Above range at 152 days.
Market-wide, inventory levels were down 18.4 percent. The property type
that lost the least inventory was the Single-Family segment, where it
decreased 14.7 percent. That amounts to 10.1 months supply for Single-
Family homes and 12.2 months supply for Condos. –CTAR– See details by area in link…
http://www.pressomatic.com/ctar/upload/August%202011%20Statistics%20Portfolio.pdf
Real Estate Matters in Charleston SC - Gena Glaze 