Thursday, April 10, 2014
Berkeley County home sales and home listings in March have increased over last year, according to numbers released by the Charleston region’s real estate association.
Charleston Trident Association of Realtors released the numbers April 10 and predicted a continued upward trend.
“As the spring buying season begins, the expected trend has continued — a small but sustainable increase in sales,” CTAR President Corwyn Melette said in a statement.
According to the report, 248 homes sold at a median price of $176,601 in Berkeley County in March. In March 2013, 201 homes sold at a median price of $168,000. The most active area in the county was in the North area bordered by Jedburg Road, Highway 17A and College Park, with 59 sales at a median price of $171,500.
Melette said Cane Bay Plantation and Daniel Island contributed to the county’s sales.
Berkeley County outpaced neighboring Dorchester, which sold 191 homes at a median price of $159,000 in March. Charleston County sold 626 homes at a median price of $280,000 in March. Only Charleston County showed a decrease in homes sold over the previous year’s timeframe.
Overall, preliminary data showed 1,110 homes sold at a median price of $219,316 in March. Last March, 1,075 homes sold at a median price of $200,789 in the region.
Inventory also increased around the region in March. There are currently 5,873 homes actively listed for sale in the Charleston Trident Multiple Listing Service. Last March, there were 5,745 homes available.
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