January 11, 2013

Charleston Area Real Estate Market Finishes Strong in 2012

According to preliminary data released today by the Charleston Trident Association of REALTORS® (CTAR), 894 homes sold at a median price of $200,000 in December. The Charleston real estate market closes out the year with more than 10,000 sales for the first time since 2007.

Preliminary figures show 10,574 homes sold at a median price of $190,065 in 2012. These figures, which represent all homes sold through the Charleston Trident Multiple Listing Service (CTMLS), show 11.6% growth in sales volume and a healthy, sustainable 4.6% increase in median price for the region over last year at this time, when 9,312 homes sold at a median price of $181,600.

Get the entire market report here.

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