Statistics Archives | Kristin B. Walker

More stats than you can shake a stick at – Charleston 2016 Market Review

I’m not kidding. Try shaking a stick at all these stats I’m about to throw your way. As you know, I mostly like to write about the areas I love and with which I am intimately acquainted – namely, the Charleston Peninsula, parts of Mount Pleasant, and the Islands too. But every now and then it’s good for me to...

Solving the Mystery of Charleston Median Home Prices

Zillow says Charleston Median Home Prices are $234,700. BestPlaces says it is $212,000. Even Forbes is claiming it to be $219,800. So, who would blame you for thinking Charleston is quite affordable when you are envisioning your future move here? Close to the historic center, close to the beaches, for under $250,000….you can’t get better living than that. Unfortunately, those...

The Charleston Area Real Estate Market 2005-2011: The good, the bad, and the truly horrifying…

As you know dear readers, every once in a while I like to run some numbers, because just like photos or videos, they can tell you an interesting story. For this look back at the Charleston real estate market over the past 7 years, I looked at 6 different areas, and tracked the sales volume, the number of sales, and...

Why the Wall Street Journal and Zillow are Dead Wrong about Charleston

An article in the Wall Street Journal came out recently entitled Linkage in Income, Home Prices Shift, outlining the correlation between home prices and annual incomes in partnership with Zillow. They determined which real estate markets were currently undervalued and which were overvalued based on comparing current price-to-income ratios to the average of the time period of 1985-2000. Deep inside...

Charleston Inventory Levels – Oh, the Stories They Tell.

Alright so the title of this post is a little dramatic but I always enjoy looking inside statistics and numbers to see what they can reveal. Firstly, inventory levels means months of housing supply compared to absorption rates. In plain English – how many people are buying homes vs how many are on the market. 6-8 months of inventory is...

Proof the Real Estate Market is Local (er…Hyperlocal) – Longborough Screams into 2011

The Longborough neighborhood on the Charleston Peninsula is scorching hot - proof that all real estate is hyper local.

Home Prices Falling Further in 2010 – But not in Charleston?

I saw this article on CNN Money today entitled “Homes About to Get Much Cheaper” with drastic falls in prices predicted for the majority of 381 Metro Areas. My heart sank for home sellers. I know so many people who absolutely need to sell their homes and if prices were slated to fall much further, buyers would wait on the...

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