Joint Base Charleston Real Estate

September 2013 - JointBase Charleston Real Estate Market Update

October 2nd, 2013 8:27 PM by

CHARLESTON, SC Market Update – September 2013

















According to the Charleston Trident Association of REALTORS®, 1,278 homes sold at a median price of $217,462 in August. Last August, 1,034 homes sold at a median price of $199,414 in the region.

Year-to-date, 8,706 homes have sold at a median price of $205,417 and in an average of 87 days. Compared to this point in 2012, sales have increased by 24% and median price by 7.6%. Days on market have declined by an average of 27 days, meaning homes are selling nearly a month faster than they were a year ago.

In August 2012, year-to-date figures showed 7,030 sales at a median price of $190,907.

Charleston County
Charleston County sales and median price increased in August, with 731 sales at a median price of $270,000. Homes in the county are spending an average of 77 days on market, the lowest average recorded this year. Outside of Mount Pleasant, where 250 homes sold at a median price of $381,125, the county’s most active area was James Island, with 83 sales at a median price of $245,000.

Additional reports on Charleston County:
Downtown (historic)Downtown (above Crosstown) - James Island
Johns Island - West AshleyNorth Charleston - Mount Pleasant (N of Hwy 41)  Mount Pleasant (S of Hwy 41) - Folly BeachIsle of PalmsSullivan’s Island

Berkeley County
257 homes sold at a median price of $180,000 in Berkeley County in August. The most active area in the county was the area bordered by Jedburg Road, Highway 17A and College Park, with 66 sales at a median price of $175,045.

Additional reports on Berkeley County:
Daniel IslandHanahanGoose Creek/Moncks Corner - Wando/Cainhoy


Dorchester County

253 homes sold at a median price of $165,000 in August in Dorchester County. The most active area of the county was Summerville/Ridgeville, where 101 homes sold at a median price of $184,990.

Additional reports on Dorchester County:
SummervilleDorchester Road CorridorHollywood/Ravenel/Meggett

 

Military Homes Charleston
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Posted by on October 2nd, 2013 8:27 PM

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