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Summary of Greater Charleston Real Estate Market
The short story about our current market conditions in 2008 (Avg. % Change Jan-Sept) compared to 2007:
• Units Sold: Decreased (-31.08%)
• Sales Dollar Volume: Decreased (-31.66%)
• Inventory Levels: Increased (+3.48%)
• Months Inventory: Increased (+49.55%)
• Day’s on Market (DOM): Increased (+34.91%)
• Average List Price: Increased (+0.45%)
• Average Sold Price: Decreased (-0.83%)
• Average Median Price: Decreased (-2 .26%)
• Average Discount from List Price: Increased (-1.28%)
The most striking data in 2008 compared to last year is the drop in units of 31% while the Average and Median Sold Price has changed less than 2.5% compared to huge price drops around the nation. This demonstrates the strength of investing in the Greater Charleston market. (See charts below)

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