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August Home Sales up 25%- Inventories shrink

Posted By steve smith @ Sep 13th 2016 3:13pm In: Charleston Housing Market

Sales as reported by the Charleston Trident Association of Realtors were up 25% over August of last year and prices were up by 11%.  Year to date, homes-soldsales of real estate in the tri-county area are up 9 percent and prices by 6%.  

Inventories at the end of August were down by 20% as compared to the same month last year furthering the shortage of inventory and limiting buyer's choices.  To read the full market report from the association click here.



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