Charleston real estate market report, February 2008 home prices
Charleston home prices have remained consistently stable on both an average and median basis in all housing classifications despite high inventory levels and declining unit sales.
Statistics compiled by Howard Arnoff using the Charleston MLS as the source of data, information deemed reliable but not guaranteed.
| Single Family Homes | | | | |
| Under 600k | | | | |
| Dates | Sales | Avg Sale | Median Sale | DOM |
| 3/1/2006-2/28/2007 | 10,786 | $230,705 | $205,000 | 67 |
| 3/1/2007-2/29/2008 | 8,428 | $232,348 | $205,528 | 89 |
| Change | -21.86% | 0.71% | 0.26% | 32.84% |
| Over 600k | | | | |
| Dates | Sales | Avg Sale | Median Sale | DOM |
| 3/1/2006-2/28/2007 | 1,118 | $1,120,863 | $872,288 | 111 |
| 3/1/2007-2/29/2008 | 828 | $1,143,116 | $850,000 | 156 |
| Change | -25.94% | 1.99% | -2.56% | 40.54% |
| Condos and Townhomes | | | | |
| Under 600k | | | | |
| Dates | Sales | Avg Sale | Median Sale | DOM |
| 3/1/2006-2/28/2007 | 3,341 | $193,795 | $178,000 | 69 |
| 3/1/2007-2/29/2008 | 2,459 | $208,808 | $179,900 | 108 |
| Change | -26.40% | 7.75% | 1.07% | 56.52% |
| Over 600k | | | | |
| Dates | Sales | Avg Sale | Median Sale | DOM |
| 3/1/2006-2/28/2007 | 191 | $935,525 | $799,100 | 118 |
| 3/1/2007-2/29/2008 | 191 | $909,597 | $870,000 | 138 |
| Change | 0.00% | -2.77% | 8.87% | 16.95% |