Category Archives: Market Reports

This week in Charleston real estate

this week in Charleston real estate

The only bad thing about a vacation is that it inevitably ends and it’s time to get back to work so let’s take a look at what happened in the Charleston real estate market during the past week. Not much has changed. New listings continue to come on the market at a pretty good pace but…

This week in Charleston real estate

this week in Charleston real estate

This is our annual summer vacation at the beach edition and this year we’re enjoying ourselves in beautiful Amelia Island and historic Fernandina Beach. Of course Charleston has beautiful beaches too but we enjoy getting away as I’m sure you do too. And now, back to Charleston real estate with a quick report of what…

Charleston Real Estate Market Report, June 2014

14 june monthly home sales

June home sales soar and top 1400 for the month for the first time since the summer of 2006! While sales were only 3.5 percent higher than last year, it marks a turnaround from May when sales were down slightly. Statistics compiled by Howard Arnoff using the Charleston MLS as the source of data, information deemed reliable…

This week in Charleston real estate

this week in Charleston real estate

How about that! The big finish that we predicted for June came through and monthly sales topped 1400, a 3 percent gain over June of last year. You might think that the long holiday weekend might have slowed activity in the Charleston real estate market but surprisingly it didn’t. Of course with the last day…

Charleston mid year housing market update

Charleston median home price

Charleston home prices are the big news in 2014 with the median price for the first 6 months of this year 8.5 percent higher than during the first 6 months of last year. The median price climbed from $200,000 last year to $217,000 this year. Inventory is slightly higher and that has been a good…

This week in Charleston real estate

this week in Charleston real estate

June is traditionally the busiest month in the Charleston real estate year for home sales and I wouldn’t expect to see anything different this year. And today just might be the busiest day for closings that get reported to the Charleston MLS with a combination of some from last Friday along with today’s last day…

This week in Charleston real estate

this week in Charleston real estate

With temperatures soaring and afternoon pop up thunderstorms around, this feels like summer and the Charleston real estate market is right in line with a hot forecast. The number of new listings eased off a little bit this week but homes going under contract and closings were both solidly higher. Just like last month, it’s…

This week in Charleston real estate

this week in Charleston real estate

June has been busy! The month has started strong with over 500 Charleston home sales already entered in the Charleston MLS and regular readers know that the action always picks up at the end of the month. Having said that, we have a long way to go toward topping last year when there were 1369…

Charleston Real Estate Market Report, May 2014

14 may monthly home sales

May home sales were down slightly from last year marking the first month in over 3 years that happened so the long streak of consecutive months of higher year over year sales finally comes to an end. Statistics compiled by Howard Arnoff using the Charleston MLS as the source of data, information deemed reliable but not…

This week in Charleston real estate

this week in Charleston real estate

As expected, May sales were slightly down compared to last year but down certainly does not mean out when you consider that the current 1296 home sales reported so far in the Charleston MLS is the 5th highest total for a month in many years. The fact of the matter is that last year was a…