Mount Pleasant Residential Home Market
Mount Pleasant Residential Home Market Analysis -
Back in September, I pulled some data from the MLS and posted it on my Facebook Page:
Are prices rising, falling, or staying steady in Mount Pleasant?
Here is the data from our local MLS system(Data pulled 9/28/17).
JAN-APR: (810 Closed Home Sales)
Median price - $428,000
Median price/sqft - $194.62
MAY-AUG: (1103 Closed Home Sales)
Median price - $440,000
Median price/sqft - $210.23
September: (212 Closed Home Sales)
Median price - $449,058
Median price/sqft - $202.35
What will we see for the remainder of the year? Will median price per square foot continue to drop like it did in September or bounce back up?
**A $10.00/per square foot drop on a 2,500 square foot home is a reduction of $25,000!
Update with October data (Data pulled 11/1/17):
October: (152 Closed Home Sales)
Median price - $467,450
Median price/sqft - $200.62
We are still seeing Median price/sqft sitting closer to the $200 in the Mount Pleasant area.
If you are considering buying in the Mount Pleasant area, this is a great time to find a new construction or preowned home at a great price!
If you are considering selling in the Mount Pleasant area, please contact me and I can pull some recent comps in your area and see where your home is currently valued.
AgentOwned Realty - Preferred Group
824 Johnnie Dodds Blvd
Mt Pleasant SC 29464
(843) 324-8845 cell
(843) 725-6512 fax