Friday, August 8, 2008

Charleston Single Family Home Statistics

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%

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