[The research for this quarterly market report is provided by Brad Rundbaken, a real estate appraiser and investor with a stock brokerage background. He analyzes the Charleston real estate market using the Charleston-Trident MLS. Here are the areas he covers and his methodology
This type of analysis has not been done in Charleston before and I am glad to have this on Matrix.] -Jonathan Miller
The overall Charleston real estate market showed modest price growth in the 2nd quarter but the number of sales fell sharply.
Prices are up an average of 5.9% over last year.
Marketing time contracted slightly to 43 days from 46 days in the prior year quarter.
The number of listings expanded 28.5% over the past year while the number of sales fell 29.9%.
Review the report for more details on the tri-county market area as well as 16 other market areas. Its good stuff.
Tags: Brad Rundbaken