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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.