I was having a quick look around Trulia this morning, just checking my listings and I noticed some interesting statistics on the Charleston and Mount Pleasant markets. It was showing signs of recovery, not that our market has suffered at all as bad as other places across the USA.

I am now waiting to see if potential buyers and investors who have been sitting on the fence waiting to see what the market was doing should start seriously looking or they may miss their opportunity.

Charleston Statistics 

Average listing price in Charleston, SC remained unchanged at $584,970 from prior week

Median sales price in Charleston, SC went up 0.70% to $216,000 from prior quarter

Average price per sqft in Charleston, SC went up 2.44% to $168/sqft from prior quarter

Mount Pleasant Statistics

Average Sales Price of $440,334 was up on the last quarter (Feb-Apr08) by +8.3% and +20.8% on May-Jul 07 quarter and up +79.8% on May-Jul 03 quarter.

Median Sales Price of $345,500 was up on the last quarter (Feb-Apr08) by +4.9% and +13.3% on May-Jul 07 quarter and up +64.5% on May-Jul 03 quarter.

Average Price per SQFT (3 bed home) of $189 was up on the last quarter (Feb-Apr08) by +3.8% and +4.4% on May-Jul 07 quarter and up +64.8% on May-Jul 03 quarter.

Average Price per SQFT (All homes) of $189 was up on the last quarter (Feb-Apr08) by +1.6% and +0.5% on May-Jul 07 quarter and up +73.4% on May-Jul 03 quarter.

I shall check back on Trulia to see if the trend continues.

Alan Langstone Real Estate Agent Langstone Team Carolina One Real Estate 1951 Clements Ferry Road Charleston, South Carolina, 29492	Work: 843-284-1932 Mobile: 843-709-8123 Fax: 843-202-8675 alan@carolinaone.com www.langstoneteam.com
"Trust, Integrity & Service"
Visit MyBlogLog and get a signature like this!