Here are some of the most current real estate market stats for downtown Charleston.
Inside the Crosstown:
October 2010: 22 residential closings for $14.2 million
October 2009: 12 residential closings for $19.5 million
Year to Date:
2010: 225 closings for $174 million
2009: 173 closings for $153 million
Average Sale 2010: $775,320
Average Sale 2009: $886,181 (12.5% more)
This is still a good time to buy real estate. There is a good supply of inventory, sellers are motivated, and interest rates are at their lowest.
Please contact Dave Landry for more information or assistance.