Feb
12

Charleston Home Prices Plunge In January

By

– Charleston Regional Business Journal

The median home price in the Charleston region took a significant dip in January.

According to figures released Tuesday by the Charleston Trident Association of Realtors, homes sold for a median price of $176,750, down 7.8% from December’s median of $191,600 and down 16.6% from $211,970 in January 2008.

The last time the region recorded prices at this level was in the early part of 2005. As it turns out, Charleston’s housing bubble reached its peak later that year as more than 18,000 properties changed hands.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.charlestonbusiness.com/news/26474-local-home-prices-plunge-in-january?rss=0

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