Market Statistics - It might be Friday the 13th but these numbers are not scary at all!
Buying activity was very busy for this time of year from 10/6/17-10/12/17 in the Charleston area! According to Charleston Real Estate Stats, 330 residential properties went under contract. All areas had great activity and great prices!
Mount Pleasant - 43 homes under contract - median $210 per square foot.
West Ashley - 25 homes under contract - median $149 per square foot.
James Island - 13 homes under contract - median $216 per square foot.
The Peninsula - 9 homes under contract - median $306 per square foot.
In automotive news, Volvo has announced it will double their initial $500 million investment and add an additional 1,900 to its original 2,000 employment estimate. The 1,600 acre Ridgeville plant will produce the company’s S60 sedan.
The Charleston market is looking awesome!
The Mike & Jeanne Team
Mike – 843-737-1690
Jeanne – 843-901-1850