Charleston Peninsula Home Sellers Finally Get It
For the past couple years we’ve been watching and waiting as real estate sales plummeted, yet home sellers held firm on their asking prices. Call it stubbornness, pride or disbelief, but people weren’t budging. Well, they are now – whether by force, generosity or pure exhaustion. If you are in the market for a new home in Charleston, or if you have been eyeing a home for awhile but thought the asking price was too high (it probably was), the tides have definitely turned in your favor.
I pulled a selection of homes and condos sold on the Charleston Peninsula since April 1, 2009. You can see that even homes that haven’t been on the market for that long (4 days!), have sold for significantly less. So if you are ready, or just think you might want to try, make an offer. You might just get the home of your dreams, at a price you love.
| Address | Original Asking Price | Sold Price | Days on Market | % Sold For from Asking Price |
| 23 Elliot St | $2,995,000 | $2,300,000 | 847 | 77% |
| 27 Smith St | $1,495,000 | $675,000 | 777 | 45% |
| 85 Nunan St | $149,710 | $63,000 | 675 | 42% |
| 109 East Bay St | $795,000 | $592,000 | 600 | 74% |
| 14 Alberta Ave | $376,000 | $240,000 | 407 | 64% |
| 69 Morris St | $559,000 | $440,000 | 346 | 79% |
| 7 Smith St | $1,150,000 | $887,500 | 338 | 77% |
| 1 Bee St | $699,900 | $580,000 | 308 | 83% |
| 377 King St | $490,000 | $325,000 | 288 | 66% |
| 11-C West St | $289,000 | $225,000 | 276 | 78% |
| 6 Franklin St | $995,000 | $627,000 | 263 | 63% |
| 19 East Battery | $7,300,000 | $5,400,000 | 161 | 74% |
| 806 Rutledge Ave | $459,000 | $345,000 | 149 | 75% |
| 27 Wentworth St | $795,000 | $595,000 | 140 | 75% |
| 33 Calhoun St | $499,000 | $435,000 | 59 | 87% |
| 101 St Margaret St | $330,000 | $275,000 | 4 | 83% |
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[…] Charleston, Real Estate | No Comments Some of the numbers in my previous post “Home Sellers Finally Get It” looked downright scary. Homes on the market for over 700 days. 700! And these are just […]