2015 CHS Housing Market: Sales up 14%; Median Price Up 7%
We all knew it was strong, but wow – the final figures are in from the Charlestson Trident Association of Realtors and an article from Warren Wise of The Post and Courier: total sales for 2015 were 16,202 and a median price of $229,000, up 13.7% and 6.5%, respectively. In December alone, sales were up 9%. Expert’s biggest concern – less than 5k homes are available for sale, down from 9,100 in 2010, and pricing beyond what a lot of people can afford.
CharlestonCREblog comment: This is all good news for apartment owners as the jobs growth continues, and this all means more renters.
Posted on January 16, 2016, in CHS, CHS Jobs/Economy, CHS Multi-Family, CHS SFR Residential Market, Market Reports, The Post and Courier and tagged Charleston Trident Association of Realtors, houing, statistics, Warren Wise. Bookmark the permalink. Leave a comment.