Whilst the number of homes sold in Charleston are down a little on April and May last year, home sales and home prices across most of the South Carolina regions have improved, according to a report from the S.C. Association of Realtors.

Charleston Regional Business Journal | Charleston, SC

“With the first-time homebuyer tax credit expected to boost sales, Realtors in South Carolina are already seeing summer activity heating up,” said Nick Kremydas, CEO of the association.

The Charleston area reported that 663 homes sold in May, down 19.1% from May 2008, but up 28% from the 518 sold in April. The median price is following suit, up 5.5% to $191,000 in May, compared with $181,000 in April.

For those people looking to sell a property in the SC lowcountry or charleston area this has got to be good news. Homes that are on the charleston housing market are averaging just 129 days which is comparable to this time last year.

For buyers entering the charleston housing market there are still bargains to be had, especially in the charleston condominium market. If you have been thinking about buying a charleston condo or an historic charleston property, now may be the perfect time to look.