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Unfortunately, January 2010 did not follow the trend of the previous 3 months.  October, November and December 2009 all showed substantial improvements of the same month in 2008.  January 2010 sales are slightly below January 2009 sales, 405 vs 434.   This information is read directly from MLS statistics.  There are usually some late postings by agents that don't change the status in the MLS, but it isn't going to be more than 10 or 20.  In other words, not enough to exceed last year. 

There is some good news.  Average $ per square foot have remained steady at $133. This measure had dipped as low as $123 in August of '09.  It could also be considered good news that the January sales are ...

Cara and I have lived in Kings Grant for about 5 years now.  We purchased a classic "fixer upper" that needed a lot of cosmetic work as well as a new roof, new siding, and some new exterior trim.  King's Grant was built in the 70's and there is a wide selection of homes, from custom built homes on the Ashley River, to the more typical homes in the neighborhood, most of which I believe were built by Centex. 

It's important to note that neither Cara nor I commute in the morning.  If you catch Dorchester Rd at the wrong time, as in, when everyone is taking their kids to school during the school year, you can be in for a long wait.  We live on the border of Dorchester County North Charleston...

December 2009 was the 3rd month in a row in Charleston with monthly residential real estate sales up over previous year.  The "bounce" in December was not as high as October and November, BUT, this report comes on January 11.  Many agents procrastinate when listings are sold in changing the status, so all the sales may not have been recorded yet in the MLS. 

Another piece of good news is the average cost per square foot.  It had dipped as low as $122 in November 2009 and was $132 in December 2009.  This number tends to shimmy around, so I'll be looking for a three month trend before getting too excited.   

These trends are very significant due to the fact that buyers are understandabl...

Some people are looking for a place to retire.  Others have professions which enable them to choose the city in which they live.  Some are simply dreamers that are asking, "If I could live anyplace in the country, where would it be?" 

There are 3 major attractions to Charleston SC.  First is the weather.  While the summers can be tough, many months of the year are very temperate.  Charleston is subject to tropical storms and hurricanes, but it doesn't get blasted as often as Florida or even Wilmington and the Outer Banks.  Next would have to be the historic district, although this would certainly be based on personal preferance.  Until I started trying to learn how to surf, I wasn't muc...

Thanks to my wife for pointing out to me as we were driving by the Coliseum in North Charleston that Bela Fleck and the Flecktones were coming back to town.  I've wanted to see them for years, and it just never came together until this last December 5th at the North Charleston Performing Arts Center.  First, allow me to fill in those unfamiliar with the group.  Bela Fleck is featured on Banjo.  Yes, that's right; Banjo.  You may find it hard to believe that jazz could be impressive played on a banjo.  Judge for yourself.  Fleck is an amazing song writer and performer.  The things he does on Banjo are truly amazing.  The same can be said for Bassist, Victor Wooten.  One of my favorite part...

We are switching our blog posts for market updates from www.allthingscharleston.com to www.move2charleston.com.  In an earlier post, I had commented that October was the 1st month where sales topped the previous year. 

November, 2009 sales are 62% higher vs November 2008. 

823 vs 508 to be exact.  Two months isn't completely solid, but it's a heck of a lot better than watching sales go down, down, down.  Hopefully, we'll see the trend continue into 2010, particularly when the effect of the new Boeing plant kicks in. 

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