Below are the stats for sales of single family homes for different areas of Charleston. The first line for each area is for the period 1/1/07-8/6/07 and the second line is for the period 1/1/08-8/6/08 with the percentage change from the first line. Notice that these are average sales prices. I usually use median sales prices, but since I'm looking at a comparison from year to year, average sales price should show about the same percentage change. I was using the 'Sales by Area' chart on the MLS and that chart only shows average sales price.
Area # of sales AVG Sales Price
West Ashley 631 $279k
433 -31.4% $267k -4.3%
James Island 364 $344,845
216 -40.7% $310,306 -10%
Folly Beach 31 $796,833
16 -48.4% $861,148 +8.1%
Johns Island 112 $329,102
76 -32.1% $335,354 +1%
N. Charleston 504 $159k
375 -25.6% $166k +4.4%
Mt. Pleasant 784 $501k
646 -17.6% $493k -1.6%
Peninsula 206 $883k
120 -41.7% $805k -8.8%
Summerville/Ladson 1502 $226k
956 -36.4% $214k -5.3%
Hanahan/G. Creek 1186 $190k
865 -27.1% $179k -5.8%
Daniel Island 90 $831,286
68 -24.4% $824,780 -1%
Cainhoy 90 $450,025
49 -45.6% $345,974 -23.1%
Colleton 126 $147,924
69 -45.2% $184,687 +24.9%
Friday, August 8, 2008
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