What's Up?
It’s been a little while since we last connected, and I wanted to check in to see how things are going. Whether you’ve been thinking about making a move or just want to catch up, I’d love to hear from you! Right now, Charleston is seeing some amazing opportunities in the market—it’s truly a buyer's market!
Still dreaming about a beach house? Rental property? Now might be the time!
Why Now?
- Interest rates are DOWN!
- Inventory is HOT HOT HOT!
- Room for negotiation!
Market Trends:
In August, single-family detached homes saw a 14.9% increase in median sales price to $737,500, and a 13.8% rise in average sales price to $987,552. The percent of original list price received dropped by 1.9% to 96.1%, and the days on market increased by 19.2% to an average of 31 days. Inventory grew by 39%.
For townhouse-condo properties, the median sales price rose by 0.9% in August, with a 6.6% increase in average sales price. Days on market jumped 40.9%, averaging 31 days, and inventory grew by 36.5%.
- Price Growth
- Increased Inventory
- Year-to-date Price Increase
