Jun
30

Charleston Residential Market Leads Most of State

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The tri-county residential real estate market continues to hold its own compared to its peers throughout the Palmetto State.

A recent statewide report by South Carolina Realtors, a Columbia-based trade group, shows the Charleston region leads the state in volume of sales and fewest number of days for a home to sell. This has been a recurring theme for the last several months.

The trade group’s report shows that through the first five months of the year, the tri-county region had 5,042 home sales. That compared to 3,896 transactions in the Coastal Carolina region and 3,645 for Greater Greenville.

The report says the average home in the Charleston area was on the market 78 days from the time it was listed to the point of sale for the January-May period, seven fewer days from the year-earlier period. The figure for Greenville was 90 days, down from 96 days last year.

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