Inventory in Berkely and Dorchester Counties is Getting Back to Normal

It’s not there yet, but it’s going in the right direction.  For those of you that don’t know, Berkeley and Dorchester County has always had the most affordable housing for middle income families, particularly those with school age children where quality of education is a primary concern.  Mt. Pleasant, West Ashley, and James Island on the other hand are more expensive primarily due to their proximity to downtown and to the beaches. 

Stay tuned for the raw numbers.  August stats aren’t completely in yet thanks to those procrastinating agents that haven’t changed their listings in the MLS to “Sold” status.

Advertisements

2 responses to “Inventory in Berkely and Dorchester Counties is Getting Back to Normal

  1. Is there any information on square footage price on Daniel Island?

    • Yes, the square footage price on Daniel Island is WAY down relative to the other areas of Charleston when compared to the height in 2006.
      Sqft price has dropped from $246 in October of 2006 to $194 in October of 2009. Daniel Island prices, like Mt. Pleasant were pretty insane in 2006. I mean, Daniel Island is nice, but $246/sqft is ridiculous unless you’re on deep water, or have an incredible view. There was a huge demand for historic style homes, and it really took off. Now, there is more competition in West Ashley and Summerville. You can buy a new Charleston Style home in several different communities around Charleston now, without the ridiculous price tag.

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