2008 South Carolina Housing Market Statistics

By
Real Estate Agent with Carolina One Real Estate

 

Below is a general look at all the local areas in South Carolina. Please remember this is a broad view point and real estate is very localized so the numbers may not be truly accurate for your individual home. The key point I see here is that across the board, sales were down but the average price of the homes was just down a little. This shows that overall South Carolina has held up well so far during this economic period.

 

Charleston Trident

Sales: down 31.2%, 7933 sold

Median Price: down 4% to $202,000

Average Days on Market: up 26.6%, 118 days

 

Greater Columbia

Sales: down 20.6%, 8446 sold

Median Price: down 1.7% to $143,000

Average Days on Market: up 14.7%, 98 days

 

Greater Greenville

Sales: down 19.6%, 7529 sold

Median Price: up 2.5% to $152,000

Average Days on Market: up 6.7%, 94 days

 

Coastal - Myrtle Beach

Sales: down 28.1%, 5616 sold

Median Price: down 11.7% to $177,000

Average Days on Market: down 11%, 195 days

 

Piedmont - Rock Hill

Sales: down 27.4%, 2837 sold

Median Price: down 2.5% to $157,000

Average Days on Market: up 12.2%, 136 days

 

Statewide Numbers

Sales: down 24%, 46,914 sold

Median Price: down 3.5% to $154,000

Average Days on Market: up 5%, 145 days

 

If you would like numbers on your specific area or neighborhood please give me a call at 843-209-9667 or email me at rsandin@carolinaone.com

 

-Source: SC Realtors

 

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Rainer
29,656
Jay Williams
Greenville, NC - Greenville, NC
Mortgage Loan Officer - Getting You The Right Loan

Randall, no surprise in the stats, still sobering to view. The days on the market for Columbia and Green ville didn't seem too bad.

Encouragement is on the way.

Jay

Jan 31, 2009 05:34 AM #1
Rainmaker
83,622
Randall Sandin
Carolina One Real Estate - Charleston, SC
843-209-9667 - Search for Charleston SC Real Estate

thanks Jay - I think if a lot of agents leave the business in 09, we will be fine with similar sales numbers this year but I do think it is going to get better by the end of the year

Jan 31, 2009 07:12 AM #2
Rainmaker
444,181
Melissa Marro
Keller Williams First Coast Realty - The Marro Team - Orange Park, FL
Jacksonville Real Estate and Home Staging

I am surprised to see that Myrtle Beach has the lowest median price! 

Jan 31, 2009 09:32 AM #3
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Rainmaker
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Randall Sandin

843-209-9667 - Search for Charleston SC Real Estate
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