Category Archives: Market Reports

This week in Charleston real estate

This week in Charleston real estate

It really doesn’t seem to matter how many homes get listed for sale in the Charleston MLS every week because homes are going under contract at just about the same pace. The net result is that inventory remains subdued at slightly less than 6000 available homes for sale, a number we’ve seen pretty much all…

Charleston real estate market report, April 2013

13 may sales

For the second consecutive month, April home sales topped 1000 so as far as the Charleston real estate market is concerned, spring came early and only just recently has our weather followed suit but it’s certainly better to have great business than great weather. April Highlights: It should be obvious that 1000 home sales for…

This week in Charleston real estate

This week in Charleston real estate

Solid and steady are the words this week for the Charleston real estate market. Just about the same number of homes went under contract as new listings came on the market and sales were steady and typical for the earlier part of the month. The future looks bright with a backlog of almost 3500 homes…

This week in Charleston real estate

This week in Charleston real estate

Even though spring weather has not cooperated, the spring selling season in the Charleston real estate is acting like it’s summer, in other words, the market has been sizzling hot. Home sales in April topped 1000 for the second consecutive month and were over 21 percent higher than April of last year. The future looks…

Charleston home sales up 18% YTD

ytd sales 2013

Talk about a strong start to the year, Charleston home sales are 18 percent higher year to date over last year which was a very good year. So as we enter the historically strongest months of the year, I’m optimistic that these trends will continue and 2013 just might go down as one of the…

This week in Charleston real estate

This week in Charleston real estate

Non-believers take note, the Charleston real estate market is red-hot! Depending on the area of Charleston you might be looking at, homes are going under contract before you even have a chance to view them. That’s exactly what happened last week when an out of town client sent a list of a dozen homes they…

This week in Charleston real estate

This week in Charleston real estate

Happy Earth Day 2013 and while we’re on the subject of the earth, did you know that “real property” in real estate refers to the land that the property sits on and not the home itself. Maybe that’s one more reason that real estate is all about location, location, location. Charleston has been one of…

Charleston Real Estate Market Report, March 2013

13 apr sales

First and foremost, our thoughts and prayers go out to the victims in Boston. March home sales topped 1000 and were almost 15 percent higher than March of last year kicking off the spring selling season a little early this year. Now if only our weather would cooperate this year but we’ll probably head right…

This week in Charleston real estate

This week in Charleston real estate

Before we get started with this week in Charleston real estate, how about that exciting finish to The Masters and congratulations to Adam Scott on finally breaking through. And I would be remiss if I didn’t mention a truly class act and one of the most fun golfers in the world to watch, Angel Cabrera….

This week in Charleston real estate

This week in Charleston real estate

Here’s something I don’t think I’ve seen before (or at least in quite a while). The average prices of new listings, homes that went under contract and homes that closed all had an average price over $300,000 and what that shows is that prices are getting stronger. As expected, lots of closed sales were entered…