436 sales at a median price of $265,000. Last February, 371 homes sold at a median price of $239,500.
185 sales at a median price of $189,000. Last February, 171 homes sold at a median price of $160,000.
142 sales at a median price of $171,750. Last February, 158 homes sold at a median price of $154,250.
Source: Charleston Trident Association of Realtors
Winter's fury of frigid temperatures and ice put a slight chill on Lowcountry home sales in February, officials said Monday.
The Charleston Trident Association of Realtors reported that 791 homes sold last month, up nearly 10 percent from the same period last year. The median price increased 16 percent to $210,000.
While there was growth, February's increase in activity was off from the 15 percent growth between February 2013 and February 2012.
The group pinned the slower activity on the cold weather and storms, which produced ice and snow across the region.
The storms also triggered power outages and the closure of the Ravenel Bridge, a main artery that connects Charleston and the East Cooper housing market.
"Sales across the Lowcountry lagged a bit this month, but it's not surprising - it's tough for Realtors to get out and show property when you can't actually get to the property," said Corwyn Melette, the association's president.
He added that inland areas had some of the largest decreases.
"Where the weather was worst - Dorchester County - the impact was significant, with a 5 percent decline in sales," Melette said in a written statement. "Now that we're headed out of winter and into the spring, which is typically a very busy season, we'll likely see those sales figures rise and get back on pace."
Owen Tyler, broker associate at Carolina One Real Estate, said harsh winter weather in other parts of the country contributed to the slower activity in Charleston.
"Weather in other parts of the country directly affects our market here," he said, referring to buyers who have to sell homes elsewhere before purchasing in the Lowcountry.
"They can't sell it because it's too cold there and it's constant snow and it's hard for them to sell a home," Tyler said.
Aside from the weather, economists also have been cautioning that sales volume could pull back because of slower jobs growth.
Through the first two months of the year, 1,550 homes changed hands at a median price of $210,875. Volume is up about 14 percent from the same period of 2013, while the median price has climbed 16 percent.
Sales were up 19 percent for first two months of last year compared to 2012.
Also, the association revised its data for January slightly higher to reflect 759 transactions and a median price of $212,416.
Reach Tyrone Richardson at 937-5550.
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