Mount Pleasant's Home Port

Blog by Mike Terry

Mount Pleasant, South Carolina

Mount Pleasant, SC - Life is laid back here. The Atlantic ocean is near by as well as the historic Charleston, SC. We discuss a little bit of everything - here you'll find some of our notes, musings, ideas, and recommendations with particular emphasis on real estate and projects in and around Mount Pleasant SC. COMMENTS ARE WELCOME and ENCOURAGED. Please notice the Post A Comment link at the bottom of each posting.

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City of Charleston, SC - Local Market Update

Posted at Mount Pleasant's Home Port by Mike Terry

Mar. 19, 2007

Categorized in: Local Housing Market Updates

Tagged with: charleston, local market updates, real estate, sc, south carolina

City of Charleston, SC - Local Market Update - March 19, 2007

Charleston, SC (city) is one of the most popular cities in America. As one of the top tourist destinations in the country Charleston, SC is truly a gem! When visitors come and see the Charleston, SC area - most dream of coming back to stay, and many do! Charleston, SC truly has it ALL - Histroy, Arts, Sports, Good Weather, Fabulous Resturants, Great Beaches, Good Schools on all levels, Local Scenery that's second to none. Charleston, SC has been voted the most "Polite" city in America for several years running. Come SEE CHARLESTON...and then give me a call to make your dreams come true!

The City of Charleston, SC Real Estate market is as strong as ever. The revitilization of the downtown area continues to improve local home vaules. The Charleston Upper East Side, Upper King Street and Upper Meeting Street districts are in the midst of great improvements with much new commerical activity going on. (136) Houses sold in Feb. 2007 for 95.54% of list price with an average sales price of $383,368 with the average days on the market at 101 days. Charleston, SC is truly one of the premiere places to live and visit in the World.

City of Charleston, SC Housing Trends
Month	Year	Monthly Sales	Avg ListPrice	Avg Sale Price	% Diff Sell/list	Avg DOM	Curr Inventory	Months Inventory
March	2006	267	$367,428	$360,349	98.07%	27	1055	3.95
April	2006	273	$369,490	$360,493	97.57%	27	1046	3.83
May	2006	294	$438,665	$425,395	96.97%	41	1200	4.08
June	2006	226	$406,291	$395,477	97.34%	12	1351	5.98
July	2006	184	$441,708	$427,457	96.77%	67	1508	8.2
August	2006	190	$419,810	$406,666	96.87%	62	1545	8.13
September	2006	192	$421,451	$404,316	95.93%	64	1644	8.56
October	2006	151	$468,323	$442,647	94.52%	64	1814	12.01
November	2006	157	$477,052	$459,783	96.38%	71	1794	11.43
December	2006	139	$471,673	$449,137	95.22%	87	1701	12.24

January	2007	110	$471,239	$450,359	95.57%	92	1642	14.93
February	2007	136	$401,256	$383,368	95.54%	58	1676	12.32
Current	2007	70	$471,555	$450,315	95.50%	87	1810	25.86