Charleston Real Estate Market - October 4, 2017
Buying activity was very strong from 9/22/17-9/28/17 in the Charleston area! According to Charleston Real Estate Stats, 310 residential properties went under contract.
Mount Pleasant had 37 homes go under contract with a median of $211 per square foot.
The Peninsula had 8 homes go under contract with a median of $402 per square foot.
Daniel Island did very well having 7 homes go under contract with a median of $302 per square foot.
James Island also did great with having 14 homes go under contract with a median of $211 per square foot.
Our real estate market is very, very strong. It is projected that there will be over 18k homes sold this year for an all-time record. New construction abounds all over the tri-county area, but especially in the area near the new Volvo plant. Lots of investors are buying up rental properties and the rental market is very strong as well!
Interested in buying or selling? We would love to help!
The Mike & Jeanne Team
Mike – 843-737-1690
Jeanne – 843-901-1850