Hamlin Plantation 1st Qtr. 2010 Home Sales Stats

In Hamlin Plantation, the number of sold homes and the number of homes on the market have remained relatively flat as buyers and sellers work out the right pricing for homes in this neighborhood. From November 2008 to February 2009, nine single family homes sold in Hamlin Plantation. From November 2009 to February 2010, eight homes sold in the neighborhood. In February 2009, there were 39 homes for sale, and in February 2010, there were 36 homes for sale in the neighborhood.

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Dunes West 1st Qtr. 2010 Market Update

In the November 2008 to February 2009 period, 18 homes sold in Dunes West, while 14 homes sold in the November 2009 to February 2010 period. Similarly, the number of homes on the market has remained fairly stable with 101 homes for sale in February 2009 as compared to 94 homes in February 2010. Pricing has also stabilized in the $150 to $160 per square foot range. With the inventory of available homes in the neighborhood, there are some good values for homebuyers.

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Charleston National 1st Qtr. 2010 Home Sales Stats

Sales in Charleston National have improved dramatically.  In the November 2008 to February 2009 period, only two homes sold in the neighborhood as compared to ten sold homes for the same time period a year later.  The supply of available homes has remained relatively flat with about 25 homes on the market in any given month.  As of February 2010, the inventory (supply) of homes for sale in Charleston National stood at seven months, very close to a balanced market.

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Charleston Peninsula 1st Qtr. 2010 Market Stats

On the Charleston Peninsula, there are about 950 homes for sale, close to the 972 homes that were on the market a year ago in February 2009. The number of homes sold has improved from 71 homes in the November 2008 to February 2009 period to 95 in November 2009 to February 2010. With so many available homes, the peninsula remains a solid buyer’s market.

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Belle Hall 1st Qtr Home Sales Market Stats 2010

Affordable, well-priced homes are selling in Belle Hall. In February three Belle Hall homes sold in an average of two months at a median price of $295,000. The number of homes for sale in the neighborhood increased to 42 in February as homeowners put their homes on the market early this year in hopes of buyers taking advantage of the Homebuyer Tax Credit while it is available. The supply of available homes remains near its lowest level in several years in this popular neighborhood.

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Mt. Pleasant, SC Market Stats for 1st Qtr of 2010

The real estate market continues to improve in Mount Pleasant. The supply of homes is down compared to a year ago while the demand for homes has increased. From November 2008 to February 2009 177 homes sold, while 255 homes sold from November 2009 to February 2010 9a 45% increase).  There were 1077 homes for sale in February 2009 and that figure dropped to 951 homes in February 2010 (better than a 10% decrease).  The average price per square foot of sold homes is very close to the same for both periods, indicating price stabilization in the area.

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Daniel Island 2010 1st Qtr Home Sales

The market on Daniel Island improved slightly.  From November 2008 to February 2009 28 single family homes sold on Daniel Island.  From November 2009 to February 2010, 31 homes sold. In February 2009, 137 homes were on the market, and in February 2010, 131 homes were on the market.  Sales are up slightly and inventory is down slightly.  For homebuyers, affordability is up as the Daniel Island homes sold thus far in 2010 have gone for under $200 per square foot, down from about $220/square foot a year ago.

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Summerville Sales 1st Qtr 2009 vs. 2010

The real estate market in Summerville is showing signs of improvement as the number of homes for sale has decreased year over year. The number of homes for sale stood at 1331 in February 2009 and dropped to 1200 in February 2010.  The number of homes for sale declined every month from February 2009 through January 2010.  In February 2010 the inventory took a slight bump from 1124 homes to 1198 homes.  This was not unexpected as people hoping to sell their homes in 2010 put them on the market early this year. The number of sales in Summerville declined slightly in the December to February period.  From December 2008 to February 2009, 296 homes sold while 272 homes sold from December 2009 to January 2010.  Homebuyers searching in Summerville will find some great buys as the average price per for homes has dropped under $90 per square foot in the area.

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Renovated Dock Street ready to go on stage in Charleston!

The city of Charleston has completed a three-year, $15.5 million renovation to the Dock Street Theater. The theater will be open for public tours following a ribbon-cutting ceremony at 7 p.m. Thursday and from 10 a.m. to 7 p.m. Friday.

The history of the performing arts venue, home to Charleston Stage Co. and a featured venue for Spoleto Festival USA, dates to 1736. The last major overhaul to the building was in 1936 with money from the Works Progress Administration. In the recent renovation, city officials said they sought to improve the theater’s structure while maintaining its historic features…Read More

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Sullivan’s Island Home Sales & Price Stats 2005-09

Sullivan’s Island

Sullivan’s Island also saw a nice jump in home sales in 2009.  Twenty-one homes sold in 2009 as compared to just 12 in 24, and 24 in 2007.  It took about nine months for Sullivans Island homes to sell in both 2008 and 2009, up from six months in 2007.  The average price per square foot of the 21 homes that sold last year was $519, the lowest it has been in the past five years.  The median price on the island dropped from about $1.5 million in 2008 to just under $1 million in 2008. 

Sullivan's Island, SC Home Sales Stats 2005-09

Sullivan's Island, SC Price Stats 2005-09

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