Home Sales Up 23%; Inventory Down 18%
According to the Charleston Trident Association of Realtors, 1,420 homes sold in March in the Charleston tri-county area. Median price is over $221,000. Year to date sold numbers are very impressive at 3,330 - a 23% increase from this time last year! The median price has grown 1% and is currently $215,000.
Adversely, the tri-county area available home inventory is down about 18% from March of 2014 with just under 5,500 homes on the market.
During March in Charleston County, 732 homes sold at a median price of $285,000. North Mt. Pleasant is Charleston’s most active area with a median price of $409,900 for 127 home sold. Next in line is North Charleston/Summerville where 92 homes sold with a median price just over $150,000. James Island is a close third with 91 sales at a median of $279,900.
With such an active market but a lack of inventory, if you have ever thought of selling your Charleston home there truly is no time like the present! The Hunnicutt Team will help perfectly price and position your home for a quick sale. We are experts in the sought after Charleston area and have over 22 years of experience to prove it. Read more about our team and contact us to make selling your home a pleasurable experience.