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Charleston, Berkeley & Dorchester County, SC - Condominium & Townhouses - Market Statistics

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Charleston County - Condominium & Townhouses

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
June 2007 225 $261,630 $252,166 67.08 3.75% 2451 10.89
July 2007 208 $272,837 $265,548 74.35 2.74% 2452 11.78
August 2007 159 $263,823 $258,515 89.72 2.05% 2425 15.25
September 2007 157 $399,360 $395,088 77.75 1.08% 2526 16.08
October 2007 163 $353,866 $349,621 84.85 1.21% 2460 15.09
November 2007 135 $261,220 $253,570 105.56 3.01% 2411 17.85
December 2007 100 $332,676 $322,070 98.62 3.29% 2315 23.15
January 2008 86 $422,516 $401,691 93.11 5.18% 2173 25.26
February 2008 118 $398,291 $384,933 123.82 3.47% 2192 18.57
March 2008 158 $446,318 $436,350 106.89 2.28% 2191 13.86
April 2008 136 $439,507 $426,608 94.61 3.02% 2239 16.46
May 2008 125 $380,026 $359,819 158.95 5.61% 2219 17.75
Annual:   1770 $343,280 $333,581 94 3.05% 2337 16.83

Berkeley County - Condominium & Townhouses

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
June 2007 15 $160,526 $155,958 61.40 2.92% 264 17.60
July 2007 19 $152,924 $152,681 112.26 0.15% 294 15.47
August 2007 16 $163,145 $163,306 69.00 -0.09% 280 17.50
September 2007 16 $189,422 $188,682 78.75 0.39% 307 19.18
October 2007 22 $149,366 $149,197 95.04 0.11% 321 14.59
November 2007 17 $140,873 $139,952 104.47 0.65% 320 18.82
December 2007 9 $151,324 $147,950 152.00 2.28% 302 33.55
January 2008 8 $159,107 $158,182 99.87 0.58% 290 36.25
February 2008 12 $145,070 $145,078 94.25 -0.00% 297 24.75
March 2008 11 $135,747 $133,166 124.90 1.93% 314 28.54
April 2008 16 $155,259 $154,993 141.56 0.17% 280 17.50
May 2008 12 $126,459 $121,545 82.08 4.04% 317 26.41
Annual:   173 $153,213 $151,877 99 1.09% 298 22.51

Dorchester County - Condominium & Townhouses

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOMDiscountCurrent InventoryMonths Inventory
June 2007 63 $323,923 $323,650 82.66 0.08% 438 6.95
July 2007 44 $256,667 $253,782 108.11 1.13% 450 10.22
August 2007 44 $220,825 $218,383 131.68 1.11% 464 10.54
September 2007 39 $193,761 $192,176 82.58 0.82% 444 11.38
October 2007 40 $287,471 $287,860 66.85 -0.13% 480 12.00
November 2007 29 $347,624 $340,853 88.79 1.98% 492 16.96
December 2007 28 $166,207 $164,958 76.35 0.75% 488 17.42
January 2008 21 $267,573 $259,631 95.52 3.05% 480 22.85
February 2008 36 $244,439 $237,836 124.41 2.77% 458 12.72
March 2008 39 $226,069 $220,612 118.41 2.47% 459 11.76
April 2008 26 $173,663 $170,004 156.00 2.15% 466 17.92
May 2008 25 $199,720 $194,953 107.40 2.44% 456 18.24
Annual:   434 $248,735 $245,599 101 1.55% 464 14.08

Melissa Marro
Keller Williams First Coast Realty - The Marro Team - Orange Park, FL
Jacksonville Real Estate and Home Staging

It seems frightening that there are nearly 2 years worth of inventory in Berkeley County when we know how much they are building there.... Thankfully we have been finding that most of our condos are moving within the average DOM or quicker!  It just shows that condition is a big part of the equation!

Jun 30, 2008 01:35 PM