Market Statistics through August, 2016

Charleston-area home sales increased in August after dipping for the first time in five years in July. Conventional wisdom indicates that year-over-year declines may be present for the remainder of the year, given the low inventory situation in most markets. Demand is...

Market Statistics Through July 2016

According to preliminary data released by the Charleston Trident Association of Realtors®, there has been a  2.8% decrease in sales volume and 1.5% growth in median price, comparing last July to this July.  Inventory has declined by 22% over the last 12-month period,...

Charleston Area Market Statistics Through June 2016

Halfway through 2016, residential real estate markets are performing as predicted at the beginning of the year. Sales and prices have been going up in most areas, while the number of homes for sale and total months’ supply of inventory have been going down....

Charleston Area Market Statistics Through May 2016

We are in the thick of an exciting period of home buying and selling, often with quick multiple offers that are near, at or even above asking price, depending on the factors of the home and submarket in question. It was widely predicted that we would see healthy sales...

Charleston Area Market Statistics Through March 2016

National housing trends, like the steady rise in home prices and decline in inventory, should certainly be observed with care, but tracking wider economic conditions is also necessary. Employment figures are positive, wages are going up and employers are hiring. ...