Single family attached home (condos and townhouses) sales in the first quarter were down -22.4% from the 1st QT of 2008 485 to 256 homes sold. Charleston County led with 167 homes sold followed by Berkeley 50 and Dorchester Counties 39 respectively. Overall the homes sold were down -75% from 1st QT 2005 to 2009 or 1023 to 256. In summary the tri-county single family attached(condos and townhouses)homes had the following changes from the 1st QT 2008 to 1st QT 2009: Sales volume was $69,537,710 down -51.6, the average sales price was $271,364 down -40.9, median sold was $167,102 down -16.4%, home sold for 94.6% of the list price down -2.3%, the inventory of attached homes was 2,915 down -12.4% and the months inventory of available homes increased by +550%.
Charleston County led the tri-county area with 19 homes sold in Mount Peasant's Park West subdivision on Grey Marsh Rd, Bagley Dr, Basildon Rd, Queensgate Way, and Claremont St. The Crain Crossing subdivision in Charleston was the second largest with 16 townhouses sold on Benninington Dr.
