Here is a brief overview of some different areas in Charleston and how many homes sold, how long they were on the market and how many homes are currently on the market as of 12/31/08.
Yes, home sales were way down from the previous two years but lots and lots of homes sold so there are buyers in the market and there will be more buyers in 2008 with more realistic homes prices and low interest rates.
Area #/ of Sales /Days on Market /Current active listings
James Island/ 456 /104/ 489
West Ashley /907/ 110 /776
Folly Beach /72/ 175 /250
Johns Island /194/ 112 /264
Downtown /344 /197 /842
Mt. Pleasant /1353/ 135/ 1519
If you would like specific numbers for your price range or your neighborhood, please email me at rsandin@carolinaone.com and I will be happy to pull the stats for you and send them over.
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