Charleston real estate market sees most active month of year - Charleston Regional Business

The Realtors association reported that 904 homes sold at a median price of $185,000 in August, marking the most active month of sales and second-highest median price recorded so far this year. Realtors In August 2010, 681 homes sold at a median price of $199,055, 7% higher than this year. Compared with the same month last year, 33% more sales closed in August than in August of 2010, CTAR reported. When we look at year-to-date figures, sales volume is outpacing last year by 3%. The regionwide median sale price is 4% lower, year-to-date. He emphasized that locality was key to understanding the Charleston market and how it's changing in the post-recession months. For example, in Dorchester County, the increase in sales volume has been coupled with pricing stability, or even slight increases, since May," Woodul said. Conversely, prices in Berkeley and Charleston counties have been making corrections this summer, the Realtors group reported.