CHARLESTON, SC—(November 13, 2018) 1,368 homes sold in October in the Charleston region at a median price of $259,835 according to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR). Last October, 1,329 homes sold at a median price of $249,945.
Year-to-date sales data shows an increase of 0.5%, with 15,561 sales thus far in 2018 compared to 15,485 at this time last year. Median price has increased by 6% in the region, at $265,236 in comparison to last year’s $250,000.
Inventory data shows about 5% fewer homes for sale over the last 12-month period, with 5,666 homes listed as “active” for sale in the Charleston Trident Multiple Listing Service (CTMLS) at the end of October.
“As expected, we recouped the losses in September from hurricane-delayed closings with some sales gains in October” said 2018 CTAR President. “As we head into what is usually the slowest season for sales, we’re nearly at a balanced market in terms of sales, looking at 1% growth from 2017. Prices are still rising, but at a somewhat slower, more sustainable pace and we’re beginning to see inventory tick up in some areas, ever so slightly, which will help balance the market overall” said Lease.
623 homes sold at a median price of $303,363 in Charleston County in October, 471 single-family homes and 152 Condos/townhomes. Single-family home sales have declined by about 2% in the County this year, as median home price has increased 5% to $375,000. Condo and townhome sales declined by 6% as median price increased about 1% to $227,338.
There are currently 3,297 residential properties for sale in Charleston County—2,482 single-family homes and 815 condos/townhomes
370 homes sold at a median price of $195,233 in Berkeley County in October, 333 single-family homes and 37 Condos/townhomes. Year-to-date, single-family home sales have increased by almost 4% in the County, as median home price has increased by 7%, to $245,000. Condo and townhome sales are down 8% as median price rose less than 1% to $163,000 so far this year.
There are currently 1,039 residential properties for sale in Berkeley County 923 single-family homes and 116 condos/townhomes
285 homes sold at a median price of $196,880 in Dorchester County in October, 258 single-family homes and 27 Condos/townhomes. Single-family home sales have increased by about 3% in the County, as median home price has increased 5.5% so far this year, to $237,500. Condo and townhome sales increased by 1% as median price increased nearly 12% to $155,250.
There are currently 754 residential properties for sale in Dorchester County—671 single-family homes and 83 condos/townhomes.
Author:Jerod Coulter Phone: 843-513-3741 Dated: November 15th 2018 Views: 149 About Jerod: ...
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Working full-time in real estate allows Jerod to be accessible night or day for his clients. Both buyers and sellers have an acute appreciation for the time, energy, and complex marketing strategies he provides through an extensive network of personal contacts, media outlets, and dedicated professional marketing department. His strenuous work ethic and aggressive negotiating strategies are unparalleled. Holding a Bachelor of Science Degree in Finance & Economics with combined work experience in the investment banking industry, Jerod helps his clients accomplish their personal goals as well as financial expectations in real estate. Jerod takes great pride in his work and has a genuine interest in helping people. Whether you are buying your first home, purchasing a second home closer to the beach, investing in numerous income properties, or getting ready to sell the home of your dreams, he excels at assisting clients with goal setting, analyzing the data, and educating you to make the most informed decision possible.
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CHARLESTON, SC—(August 10, 2018) 1,685 homes sold in July in the Cha
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I am extremely pleased with the whole process and found Jerod Coulter to be a very good agent to work with, especially since I was out of state! Jerod Coulter has given me the ability to trust a Realtor who knows what he is doing. I appreciate everything he has done for me! Keep up the GREAT work!