The Charleston, South Carolina area is a great place to live or have a vacation home. The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country. It is because of these reasons that I believe Charleston SC Real Estate is truly unique. I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:
Charleston SC Real Estate Blog: April 2012 Charleston Housing Supply Outlook
Headline numbers can often mask important variations across different areas and property types, rendering segment-specific statistics that much more important. For the 12-month period spanning May 2011 through April 2012, Pending Sales in the Charleston region were up 22.3 percent overall. The price range with the largest gain in sales was the $100,000 and Below range, where they increased 31.7 percent.
The overall Median Sales Price remained flat at $184,000.The property type with the largest price gain was the Single-Family segment, where prices increased 0.5 percent to $195,000. The price range that tended to sell the quickest was the $150,001 to $200,000 range at 97 days; the price range that tended to sell the slowest was the $350,001 and Above range at 156 days.
Market-wide, inventory levels were down 27.0 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 25.8 percent. That amounts to 7.4 months supply for Single- Family homes and 8.4 months supply for Condos. SEE ADDITIONAL INFORMATION HERE.
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Sincerely,
"Carolina Joe" Idleman
http://www.charlestonscrealestateforsale.com
