Charleston SC Metro Real Estate: Real Estate in Charleston SC

Real Estate in Charleston SC

The metropolitan of Charleston SC is primarily made up of three counties:  Charleston County, Berkeley County, and Dorchester County.  All come together to form a cohesive mass of down home, fun-loving, beach-going, and just plain friendly population of people. 

Most from other parts of the country that move to Charleston testify that they love the beaches and the history of the area, but most of all new-comers seem to like the slower paced life they find here.  Like most real estate markets throughout the country, the Charleston market has slowed a bit in the last year or so, but overall our market is still doing well.  Here are some statistics of the Charleston metropolitan real estate market in 2009:

For buyers, this is fantastic news as this means there is more inventory (shown in the green) to choose from. But, don't depending on your price range these numbers may look a little different.  For example, the most popular price range for those buying homes right now is everything under $200,000. In nearly every month this year more than half of the homes sold have been under $200K.  This means that there is often more competition from other buyers for homes under $200K

For sellers,  the inventory greatly outweighs the number of homes sold.  This means that at best this year you had about an 8% chance of selling your home once on the market in Charleston (from first graph).  The numbers do get a little better when you narrow the stats down to city and/or neighborhood.  But, the message is still very clear - you must have your home in the right condition and have it priced right if you want to get the house sold.  Then, your home must be marketed to the masses.  The best way to do that is to hire the right Realtor with the proper skill, integrity, and marketing plan to get the job done with you.

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