Share One of the most interesting statistics in the Charleston real estate market report is the sold to list price percentage. It’s especially true today because there seems to be so much misinformation about how good a deal you can buy a home for. The only problem with that thinking is that the discount from list price…
Category Archives: Statistics
Charleston market report, July 2011
Share With easy comparisons to last year, Charleston home sales increased over 23 percent from July of last year. You may remember (as if you could forget) that July 2010 sales plummeted from June due to the end of the home buyer tax credit. The fact of the matter is while the naysayers were predicting the…
What’s under contract, contingent and pending
Share Let’s take a look inside the numbers at what’s under contract in Charleston real estate today. There are currently 8297 active properties listed for sale in the Charleston MLS. A total of 2143 homes are under contract, 1591 homes are contingent and 552 homes are pending. A quick note: when the Charleston market report…
Charleston market report, June 2011
Share All in all, June was a very good month for the Charleston real estate market. Despite home sales being down almost 20 percent from June of last year, don’t forget that last year was impacted by the home buyer tax credit so comparisons of course would be difficult if not impossible to beat. The…
Absorption rate by price range and area
Share The absorption rate is one of the most interesting aspects of real estate. Everyone seems to focus on where prices are and where they are headed but the absorption rate is one of the key indicators in determining which way prices will go because it analyzes supply and demand. It shouldn’t surprise anyone that…
Charleston real estate market report May 2011
Share Each month around mid month, look for the Charleston real estate market report where you’ll find charts of monthly home sales, inventory of homes for sale and home prices in the Charleston area. You’ll find a year to year comparison of home sales, inventory, absorption rate, median and average sales prices, sales price to list price…
