Daniel Island (Charleston, SC) had 6 single family detached homes sell during August with an average sales price of $587,218 and median price of $561,205. This was a 33.3% decrease from sales in July with a 12% decrease in median price. The average number of days on market was 150 with a 96% sale to list price ratio. For every home sold in August, 4 homes were newly listed for sale. At the end of August, there was 25.5 months of home inventory; six months inventory is considered a balanced market.
As of September 22, 2009, there has been a 37.9% decrease in sales over the same time period from last year. Daniel Island currently has 133 single family detached homes actively listed for sale with an average list price of $1,176,201 and median list price of $874,980.
Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 9/22/09. Numbers represent SINGLE FAMILY HOMES sold in August and are deemed reliable but not guaranteed. Median price indicates the point at which half the homes sold for more and half the homes sold for less.
For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.
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