Market Report for the 5-month Period ended May 31, 2008.

The Charleston real estate market continued its downward slide through the spring.  Based on MLS data, the five-month period ended May 31, 2008 recorded the lowest number of transactions since the recessionary period of 2001.  Total transactions were down 35% from the same five-month period in 2007.  They were down 49% from the first five months of 2006.  Table 1 shows a year by year comparison of the number of transactions during the 5-month period from 2004-2008 for the Tri-County Region, Charleston County, and other selected areas.

Click here for the full report:  market-report-for-5-month-period-ended-may-31st-060408-_2_

 

Filed under: I'On Real Estate, I'On Village on June 6th, 2008