Sunday, February 7, 2010

Charleston Area Median Prices - Goose Creek & Johns Island Increase in 2009

Here's a nice map showing the change in median price for various areas of Charleston (courtesy Charleston Trident Association of Realtors). Changes varied across the market.

Goose Creek and Johns Island saw year over year increases in their median prices. West Ashley was not far off the target with a lower decrease than many other areas.

Areas with a lot of second homes generally saw larger declines as activity in this market segment dropped off. Fewer people are interested in second homes during a down economy. Home sellers in these areas have significantly lowered their prices, so there are some tremendous values on the barrier islands. See the average price per square foot numbers in the charts for Kiawah Island and Seabrook Island, Sullivans Island and Isle of Palms, below.  The number of sales in these areas have improved as buyers are scooping up great values. Click on the figures below to see them in full size.



 
  
  
 

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