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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