Mount Pleasant Home Buying Activity is Strong

Mount Pleasant Home Buying Activity is Strong

For this time of year, we are seeing strong home buying figures from our Charleston market, but particularly in the Mount Pleasant area. Charleston Real Estate stats provides weekly analysis, and here’s what they are reporting for the week 10/4-10/10:

  • A total of 231 total residential homes under contract; 180 of these were single family with a median list price of $215K and $112/sqft.
  • Mount Pleasant alone had 43 single family homes under contract ranging from $125K-$829K. The hot neighborhood right now? Looks like Darrell Creek with four homes under contract in one week.
  • Mount Pleasant median sales price is $449K and $181/sqft. Only two bank owned foreclosures or short sales, but we saw six new construction.
  • Not in the single family market? There were 51 condos or townhomes under contract in the Charleston market. List prices ranged from under $100K – $1.2M. Once again, 11 of these were in Mount Pleasant, so it’s a hot buying market there. Looking for a great deal? There were 14 bank owned foreclosures or short sales. Want something new? 10 were new construction.

I’m constantly monitoring the real estate pulse of Charleston and especially Mount Pleasant where I reside. So, if you are looking to buy, please see me immediately. I can help you find the right neighborhood and investment opportunity. Call me if you have specific statistical questions! Happy to help answer them.

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