Downtown Charleston, SC Area 52 Market Update Dec. 2010

Downtown Charleston Area 52 Market Statistics Dec. 2010

Area 52 in the Charleston Multiple Listing Service refers to the Charleston peninsula outside of the crosstown. There was a 77.4% increase in single-family detached homes sold in 2010 (110 homes) compared to 2009 with 62 homes sold. The townhouse-condo market in this area did not have the same kind of change.  The townhouse-condo closed sales went from 25 units sold in 2009 down to 22 units sold in 2010.  The median and average sales price for single-family homes from 2009 to 2010 remained close to the same price.  It certainly continues to be a buyer's market and the interest rates remain low.

Data compiled by the Charleston Multiple Listing Service deemed reliable but not guaranteed.

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