Charleston SC Real Estate Blog

Are We in A Sellers Market in Charleston?

Let's take a look at the recent statistics that have come out regarding the Charleston real estate market.  A few notes to consider and look at:

The "Sellers Market" areas are highlighted in yellow and have increased in the below $250,000 ranges, indicating an average of 4month absorption rate and the $250,000-$500,000 ranges indicate an average of 5month absorption rate, based on the recent past sales history.  See below:

Recent Charleston Home Sales Click Here to download the PDF for better viewing.

 

The following is the latest Quarterly Report for Charleston shows the latest residential statistics for the Tri-County area of Charleston:

Residential Housing Charleston Market

 

The Supply and Demand - shows below the $450,000 price range there is more

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Search Charleston SC Real Estate via Our Mobile Website

Charleston Mobile Real Estate WebsiteWe are proud and excited to introduce our mobile platform for Android phones, IPhones, and BlackBerry devices, too!  Not only is our normal site a "responsive design" which adapts to any mobile platform, tablet, Ipad, or phone- but our Charleston real estate mobile website is specifically made for users on the go.

Here are a few unique and great features of our Charleston mobile real estate website:

  • You can view any home within a 5 mile radius from you, in an overhead map view.  Search any home on the street you're on!  This is a great means of going out and house-hunting yourself, and finding prices, statistics, and how long a house has been on the market- without contacting a realtor!
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We Have a New Look!


Our Website Has Had a New Makeover

We've enjoyed providing a great website for buyers to view new home listings for the Charleston real estate market for many years now, and now we're even more excited to unveil our new look!  With how quickly technology catches up to you- before you know it, it's time to update- and so we did.

The new website has the latest technology for buyers and sellers alike, with great features such as:

  • A completely separate mobile platform.  While this website is a "responsive design" and will automatically resize to the device you're using- we also have a separate mobile site for phone users on the go.  It'll actually pull up the houses nearest you, wherever you are, right on your street (with interactive Google
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These are the top 10 most expensive homes sold in Charleston, SC for 2013. Every year I make these Top 10 lists, the houses continue to climb in price. There's a reason for that- Charleston is a wonderful destination for many with our city deeply rooted in history, our picturesque skyline, our wonderful Charleston Harbor, and our surrounding beaches and fantastic climate. There's no wonder why Charleston continues to attract attention from around the world!

So without further adieu, here is your Top 10 most expensive homes sold in Charleston, South Carolina for 2013!



#10.  1009 Middle Street, Sullivans Island. This beautiful historic home was constructed in the 1850's, and has oceanfront views along with views of the Charleston Harbor and Ft.

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Charleston, SC Does it Again

Great job, Charleston! Voted #1 US City by Conde Nast Traveler readers! The secret is out, you are definitely no longer the East Coast's best kept secret!  Elise- Charleston loves your local voice, too- glad to have you!

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Mount Pleasant Towne Centre near neighborhoodsSo if you had to choose the best Mount Pleasant neighborhood to live in, where would you choose?  First of all, I already know that we’d all like to be as close to downtown Charleston as possible, and either live on the water, or have water or marsh views, correct?  Or how about finding that perfect charming house in The Old Village at a reasonable price or even a steal?  I’ve been living here for over 30 years and I can tell you that the secret is out about Mount Pleasant, and there are no “steals” for Mount Pleasant neighborhoods close to town.  Good deals, yes- but steals are hard to come by.

If you’re not from the area, say from out of town- it might be somewhat frustrating with all of the choices.  Especially if you are relocating to Charleston and

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Home sales in Charleston, South Carolina are up from 2012, which means great news to buyers and sellers alike! For those sellers looking to sell their house in Charleston, the market proves a shorter time on the market, and sellers are fetching a higher contract price.

Buyers are excited to see these results as well, since they are looking at purchasing what might be their most important investment. The real estate market for Charleston looks great for the immediate future.

2013 vs 2013 Charleston home statistics

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Husk in Downtown Charleston is a great place to dine Charleston Restaurant Week continues this week through September the 15th! If you haven't taken advantage of this in the past and you enjoy going out to eat as much as we do, then you really should consider the great restaurant deals surrounding the Charleston, SC area.

They've separated the current deals into 3 categories: 3 for $20, 3 for $30, and 3 for $40. This includes a mixture of soups, salads, appetizers, entrees, and desserts.

Visit the Charleston Restaurant Association for more details on the participating restaurants and what's available! 

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Mariners Cay ViewsI was showing more condos for sale at Folly Beach again and I keep "re-discovering" the attraction that Mariners Cay has at the beach.  What a great place to live, or to purchase as an investment property.  Here are a few reasons why, from a Realtor's perspective.

#1: Location.  Yes, you guessed it.  'They' always say the three most important things to consider when purchasing real estate is location, location, location.  Well for Mariners Cay, this condo community sits right along the Folly River.  It has gorgeous views from the family rooms and screened-in porches of the bottle nosed dolphin that play here, of the sailboats going by, the beautiful wildlife, birds, and sunrise/sunsets. Not to mention, with this location so close to the beach- it's an

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Here are some quick stats for the Charleston real estate market for the mid-year point of 2013:

  • The market is up compared to 2012 across the board (with a few exceptions) - # of homes sold, median sales price and $$ per sq ft. 
  • Closed Sales are up 23% over last year and up 35% over 2011.  Closed Volume is up 32% over 2012 and up 52% over 2011.  Median Sales Price is up 8% over 2012 and up 13.5% over 2011.
  • For the Tri-County area, below $350,000 there is more demand than supply, with generally a 3-4 month absorption rate.
  • Foreclosures for Charleston are down 24% from Jan through June vs. last year at the same time!

Year to Date 2013 Housing Market Data
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