Charleston median sales price trend 2000 - 2008
Before you get alarmed looking at the above chart of Charleston median sales prices from 2000 through 2008, it's important to notice the chart has one value on the left axis and a second value on the right axis. The left axis and red line represents the median sales price each year while the right axis and blue line represents the percentage increase or decrease in the median sales price.
In the past 2 years, the median price increased by only 2.73% in 2007 while decreasing by just 1.69% this year to date interrupting the more consistent price appreciation of the previous years.
| Year | Median Price | Percentage |
| 2000 | $140,000 | gain or loss |
| 2001 | $147,000 | 5.00% |
| 2002 | $155,978 | 6.11% |
| 2003 | $163,000 | 4.50% |
| 2004 | $174,400 | 6.99% |
| 2005 | $187,500 | 7.51% |
| 2006 | $201,990 | 7.73% |
| 2007 | $207,500 | 2.73% |
| 2008 | $204,000 | -1.69% |
So despite the media reports of dramatic declines in home prices nationwide, they are not exactly "crashing" in the Charleston real estate market.