| FUTURE PRICE PREDICTIONS | |||||||||
| The chart below is an attempt to look at where prices are going in the immediate future. | |||||||||
| It compares the last 2 months of sales to what is currently under contract(AC/P). | |||||||||
| What is currently under contract seems to represent roughly the next 2 months of sales. | |||||||||
| It assumes that those properties under contract will sell for 95% of their current LIST price. | |||||||||
| MLS | # solds | Median | Current | Median | 95% of | Probable | |||
| areas | 10/1/13-11/30/13 | Sales Price | # of AC/P | AC/P | Med AC/P | % change | |||
| 12/16/13 | LIST Price | LIST Price | in Sales Price | ||||||
| 11,12,13 | 246 | $200,000 | 267 | $208,000 | $197,600 | -1.2% | |||
| 21 | 97 | $230,000 | 129 | $250,000 | $237,500 | 3.3% | |||
| 31,32 | 168 | $134,500 | 252 | $142,000 | $134,900 | 0.3% | |||
| 41,42 | 324 | $355,000 | 408 | $388,000 | $368,600 | 3.8% | |||
| 51,52 | 88 | $370,000 | 112 | $425,000 | $403,750 | 9.1% | |||
| 61-64 | 334 | $165,000 | 439 | $181,300 | $172,235 | 4.4% | |||
| 71-76 | 371 | $160,700 | 478 | $170,000 | $161,500 | 0.5% | |||
| 77 | 43 | $610,000 | 66 | $591,000 | $561,450 | -8.0% | |||
| 11-78 | 1889 | $203,000 | 2363 | $221,000 | $209,950 | 3.4% | |||
| 11,12,13 | West Ashley | ||||||||
| 21 | James Island | ||||||||
| 31,32 | North Charleston | ||||||||
| 41,42 | Mt. Pleasant | ||||||||
| 51,52 | Peninsula Charleston | ||||||||
| 61-64 | Summerville/Ladson | ||||||||
| 71-76 | Hanahan/Goose Creek/Moncks Corner | ||||||||
| 77 | Daniel Island | ||||||||
| 11-78 | Tri-County | ||||||||