Charleston real estate market report, March 2008 unit sales
Unit sales continue to be soft although inventory has stabilized at elevated levels. Prices are showing a little slippage but most of the decline in price is due to weaker sales of Charleston luxury real estate.
Statistics compiled by Howard Arnoff using the Charleston MLS as the source of data, information deemed reliable but not guaranteed.
Monthly unit sales, single family homes
| Month | Sales 06 | Sales 07 | Sales 08 | 07 to 06 | 08 to 07 |
| under 600k | | | | | |
| Jan | 697 | 641 | 437 | -8.03% | -31.83% |
| Feb | 788 | 727 | 467 | -7.74% | -35.76% |
| Mar | 1056 | 918 | 541 | -13.07% | -41.07% |
| Apr | 862 | 714 | | -17.17% | |
| May | 1057 | 868 | | -17.88% | |
| June | 1198 | 922 | | -23.04% | |
| July | 929 | 783 | | -15.72% | |
| Aug | 932 | 810 | | -13.09% | |
| Sep | 1014 | 666 | | -34.32% | |
| Oct | 745 | 592 | | -20.54% | |
| Nov | 823 | 625 | | -24.06% | |
| Dec | 802 | 546 | | -31.92% | |
| over 600k | | | | | |
| Jan | 88 | 65 | 47 | -26.14% | -27.69% |
| Feb | 70 | 50 | 40 | -28.57% | -20.00% |
| Mar | 122 | 96 | 46 | -21.31% | -52.08% |
| Apr | 102 | 77 | | -24.51% | |
| May | 132 | 91 | | -31.06% | |
| June | 124 | 105 | | -15.32% | |
| July | 100 | 76 | | -24.00% | |
| Aug | 111 | 101 | | -9.01% | |
| Sep | 88 | 52 | | -40.91% | |
| Oct | 93 | 45 | | -51.61% | |
| Nov | 67 | 48 | | -28.36% | |
| Dec | 64 | 48 | | -25.00% | |
Monthly unit sales, condos and townhomes
| Month | Sales 06 | Sales 07 | Sales 08 | 07 to 06 | 08 to 07 |
| under 600k | | | | | |
| Jan | 304 | 146 | 87 | -51.97% | -40.41% |
| Feb | 253 | 159 | 129 | -37.15% | -18.87% |
| Mar | 352 | 232 | 154 | -34.09% | -33.62% |
| Apr | 413 | 239 | | -42.13% | |
| May | 376 | 308 | | -18.09% | |
| June | 307 | 292 | | -4.89% | |
| July | 334 | 253 | | -24.25% | |
| Aug | 297 | 208 | | -29.97% | |
| Sep | 275 | 186 | | -32.36% | |
| Oct | 247 | 206 | | -16.60% | |
| Nov | 201 | 175 | | -12.94% | |
| Dec | 233 | 126 | | -45.92% | |
| over 600k | | | | | |
| Jan | 27 | 11 | 14 | -59.26% | 27.27% |
| Feb | 23 | 8 | 15 | -65.22% | 87.50% |
| Mar | 23 | 18 | 13 | -21.74% | -27.78% |
| Apr | 22 | 11 | | -50.00% | |
| May | 28 | 11 | | -60.71% | |
| June | 22 | 15 | | -31.82% | |
| July | 11 | 21 | | 90.91% | |
| Aug | 16 | 14 | | -12.50% | |
| Sep | 9 | 29 | | 222.22% | |
| Oct | 21 | 21 | | 0.00% | |
| Nov | 8 | 11 | | 37.50% | |
| Dec | 12 | 11 | | -8.33% | |