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We've begun see real estate market locate here in Charleston, SC over prior 3 or 4 months time. Almost 700 of the 9,300 or so homes in MLS closed in the month of March only. That is 7.5 percent within the total homes listed onto the MLS closing in one month, this is a pretty staggering percentage. This clearing out of inventory at such a brief rate is strong evidence that the actual Charleston housing market is reading.

If you hone in on only Mount Pleasant real estate market, seek it . see this particular area has performed a whole lot better than standard Charleston territory. A total of 265 properties in Mount Pleasant closed previously first with 3 months of in 2010. Since there was an entire of 1,391 active listings for sale during this period of time, this demonstrates that about 19 percent in the total homes listed in Mt. Pleasant closed in the current three weeks. The average days on market (DOM) were 136. The median price of those homes that sold was $325,000. (This sales prices are considerably compared to the median price of $188,200 for the entire Charleston MLS.) The sales price to deliniate price ratio is.94 (meaning that sellers were in a position get 94% of their asking price).

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