Sales Volume Increases But Median Price Declines for Charleston SC Residential Real Estate

According to the Charleston Trident Association of REALTORS® Residential Real Estate Sales Volume Increases, Median Price Declines In January

CHARLESTON, SC-(February 10, 2011) According to preliminary data released by the Charleston Trident Association of REALTORS® 484 homes sold at a median price of $174,495 in January. Revised data for January 2010 shows that 450 homes sold at a median price of $193,000.

"We anticipated the decline in prices and expect to see prices trend downward somewhat in the first part of this year-our foreclosure-heavy inventory isn't going to support upward movement of prices, but it is encouraging to see another uptick in sales volume" said 2011 CTAR President Rob Woodul.

There were 8,428 homes listed as actively for sale with the Charleston Trident Multiple Listing Service as of January 31, 2011.

Click here to download the full MLS area report for January.

BERKELEY COUNTY
Preliminary figures show that 104 homes sold in Berkeley County at a median price of $151,775 in January. 89 Single-Family Detached homes sold at a median price of $160,000, while 14 Townhomes/Condos sold at a median price of $90,505.

Click here for a full report on Berkeley County.

Local Reports for Berkeley CountyDaniel Island - Hanahan - Goose Creek/Moncks Corner

Wando/Cainhoy - Rural Berkeley County

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CHARLESTON COUNTY
Preliminary figures show that 278 properties changed hands in Charleston County in January, at a median price of $219,949.

204 Single-Family Detached homes sold at a median price of $259,750 and 74 Townhomes/Condos changed hands at a median price of $135,000.

Click here for a full report on Charleston County.

Local Reports for Charleston County
Downtown (Historic) - Downtown (Above Crosstown) - Edisto Area

James Island - Johns Island - West Ashley - North Charleston

Mount Pleasant (N of 41) - Mount Pleasant (S of 41)

Folly Beach - Isle of Palms - Sullivan's Island

Kiawah and Seabook Islands

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DORCHESTER COUNTY
Preliminary figures show that 87 homes sold at a median price of $137,500 in Dorchester County in January.

76 Single-Family Detached homes sold at a median price of $144,000, while 11 Townhouses/Condos sold at a median price of $104,335.

Click here for a full report on Dorchester County.

Local Reports for Dorchester County
Summerville - Dorchester Road Corridor - Hollywood/Ravenel/Meggett

St. George/Rural Dorchester County

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