Stats are in for the first quarter of 2011 versus 2010 in the Charleston, SC tri-county area. As expected, the number of [closed] sales is up by about 9% but the median price is down by about 8%*.
First quarter 2011 buying activity is the strongest it has been since 2007. And listing activity for the same period for most of the weeks of February, March, and April 2011 have seen well over 200 properties per week go under contract.
If you're thinking about getting in the market - either as a buyer or a seller - call me or get advice from your Carolina One Realtor.
Connie Dittrich, Realtor
Carolina One Real Estate
*Statistics Available upon request