Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Oct. 11, 2018

The Real Estate Market in a minute

Tri-County shows that Closed Homes are  DOWN 1%  over last year to  13,533 YTD  and  UP 3%  over 2016.  This also indicates that the Median Sales Price is  UP 7%  over last year to $270,780  and the Average Sales Price is  UP 7%  to  $367,559 .  Want info on specific neighborhoods or how this affects you?  Im happy to give you personalized info!  

Posted in Market Updates
June 12, 2018

May Market Stats

May 2018 Home Sales Stats

The sales pace slowed down a tad in May but that's primarily due to lack of inventory (few homes for sale) for the entry level home buyer.  

Overall, we are looking at a median sales price of 273,000 for the Charleston Tricounty area (Berkeley, Charleston & Dorchester Counties), that's up over 13K since May of 2017!

 

Berkeley County:

445 homes sold at a median price of $198,110 

Median home price has increased by 4%, to $239,515

There are 1,065 residential properties for sale in Berkeley County

 

Charleston County

941 homes sold at a median price of $300,000 

Median home price has increased by about 5% so far this year, to $375,000. 

There are 2,950 residential properties for sale in Charleston County

 

Dorchester County

319 homes sold at a median price of $198,725 in Dorchester County 

Median home price has increased by about 5% so far this year, to $233,685. 

There are currently 723 residential properties for sale in Dorchester County

 

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates