Residential Real Estate Sales Increase Again, Median Prices Remain Stable
Preliminary data from the Charleston Trident Association of REALTORS® (CTAR) shows 509 homes sold in the Charleston region in February, at a median price of $179,900. This reflects a 22% increase in sales and essentially no change in median sale price from preliminary numbers reported on March 10, 2009, which showed 417 sales at a median sale price of $179,450.
As of March 10, 2009, CTAR year-to-date data showed 851 sales at an average median sale price of $177,052. This year, CTAR has recorded 940 sales at an average median sale price of $185,500. Year-to-date numbers show a 10% increase in sales and median sale prices are a slight 5% higher than this time last year.
At the close of the month, there were 9,532 homes actively listed for sale with the Charleston Trident Multiple Listing Service, a 4% increase from last month, when there were 9,171 homes on the market
Preliminary data from the Charleston Trident Association of REALTORS® (CTAR) shows 509 homes sold in the Charleston region in February, at a median price of $179,900. This reflects a 22% increase in sales and essentially no change in median sale price from preliminary numbers reported on March 10, 2009, which showed 417 sales at a median sale price of $179,450.
As of March 10, 2009, CTAR year-to-date data showed 851 sales at an average median sale price of $177,052. This year, CTAR has recorded 940 sales at an average median sale price of $185,500. Year-to-date numbers show a 10% increase in sales and median sale prices are a slight 5% higher than this time last year.
At the close of the month, there were 9,532 homes actively listed for sale with the Charleston Trident Multiple Listing Service, a 4% increase from last month, when there were 9,171 homes on the market
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