CHARLESTON, S.C. (AP) – Home sales in the Charleston area were dampened by last month’s historic rains although 2015 is still expected to be a record year.
Residential sales in Charleston, Berkeley and Dorchester counties were up only about 2 percent in October compared with October of last year.
Despite a slowdown, sales volume for the year is up about 15 percent over the first 10 months of last year. And 2015 is expected to set a record by year’s end.
Real estate agents say that flooding and rains in early October affected home showings and sales.
Figures from the Charleston Trident Association of Realtors show the median sales price for a home in October was $225,000, up about $10,000 from a year ago.