Statewide year-over-year home sales up 15% in January
Wednesday, February 24th, 2010Charleston Regional Business Journal Staff Report
Published Feb. 24, 2010
While statewide home sales in January increased 15% over sales in January 2009, Charleston area home sales increased 11.8%, according to numbers released by the S.C. Realtors Association Tuesday.
Sales in the Greater Columbia region dropped 3.7% to 362 homes sold in 2010 from 376 in 2009.
However, the total number of statewide homes sold in January was 2,487 up from last January’s total of 2,159. Several markets reported large increases in year-over-year home sales, including a 103.6% increase in the Hilton Head area, a 50.4% increase in the Grand Strand and a 42.6% increase in the Aiken area.
However, not all the news is good. Statewide home sales dropped 29% from December to January, the association reported.
Statewide, the median home price dropped slightly from $140,500 in December to $140,000 in January and the number of days a home sat on the market increased from 153 to 155.
MLS Stats January 2010
| Market | Jan. 09 | Jan. 10 | % change |
| Aiken | 54 | 77 | 42.60% |
| Beaufort | 41 | 43 | 4.90% |
| Charleston Trident | 372 | 416 | 11.80% |
| Cherokee County | 12 | 13 | 8.30% |
| Coastal Carolinas | 268 | 403 | 50.40% |
| Greater Columbia | 376 | 362 | -3.70% |
| Greater Greenville | 331 | 365 | 10.30% |
| Greenwood | 32 | 24 | -25.00% |
| Hilton Head Area | 83 | 169 | 103.60% |
| Piedmont Regional Association | 136 | 140 | 2.90% |
| Greater Pee Dee | 87 | 91 | 4.60% |
| Southern Midlands Association | 20 | 28 | 40.00% |
| Spartanburg | 142 | 148 | 4.20% |
| Sumter/Clarendon County | 74 | 50 | -32.40% |
| Western Upstate MLS | 131 | 158 | 20.60% |
| State totals | 2159 | 2487 | 15.20% |
| Source: SC Realtors |