Is This a Good Time to Buy? Have We Seen The Bottom in Charleston?

There’s a new leading indicator in the MLS stats that is an equalizer.  It’s the average price per square foot.  It was tricky trying to base home prices based on the average or median price because, what if most buyers are spending their bugdet and getting more home for their dollar?  In May, the average price per square foot was $128 vs $159 May last year, and $130 in April.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s