Clearly the Charleston peninsula retail market inside the Crosstown is much stronger than the national market we have been reading about.

By the end of October, there were 244 residential closings versus 341 at this time last year.

Importantly, according to MLS data, this year the average price of a residential sale below the Crosstown was $850,582 versus $851,524 for the same period last year, down just about $1,000.  These are macro numbers dependent on the products sold.

-Dave Landry