Living and Working in Charleston SC

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

June 16, 2009 · Leave a Comment

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.

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