3/16/2009
Number of Homes Sold:
In the first 2.5 months of 2006 (237) single family detached homes sold in Mt Pleasant SC, in 07 (218) sold, in 08 (164) sold, and in 09 only(103) sold. From 2006 to 2009 that is a 57% decline in the number of homes sold in the first 2.5 months.
Average Price Per Square Foot:
In the first 2.5 months of 2006, the average price per square foot for a detached single family home in Mt Pleasant SC was $195.93, in 07 that number was up slightly to $198.37, in 08 the figure was $191.83, in 09 the average price was down to $165.91 per square foot. From 2006 to 2009 that is a 15% decline in the average price per square foot for a single family detached home in Mt Pleasant.
Average Sales Price:
The average sales price for a single family detached home in Mt Pleasant in the first 2.5 months of 2006 was $497,907, in 07 that figure was up to $517,017, in 08 the average was $499,205, and in 09 the figure was down to $415,274. From 2006 to 2009 that is a 17% decline in the average sales price for a single family detached home in Mt Pleasant.
Median Sales Price:
During the first 2.5 months of 2006 the median sales price for a single family detached home in Mt Pleasant SC was $417,500, in 07 that number was $431,000, in 06 that figure was $392,500, and in 2009 the median sales price was $342,500. From 2006 to 2009 that is an 18% decline in the median sales price for a single family detached home in Mt Pleasant.
Days on the Market:
Single family detached homes in Mt Pleasant SC spent only 53 days on the market in the beginning of 2006, in 07 they spent 106 days on the market, in 08 that figure was 137, and in the beginning of 09 that figure was 135. From 2006 to 2009 that is an 61% increase in the number of days on the market for a single family detached home in Mt Pleasant.
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