What does the Spring 2023 Charleston real estate market hold for us?
Posted by Mike Ciucci on
Hello clients and friends,
Over the last week Dave Samson (CFO within Carolina One) has looked at what is happening with Charleston home sales levels (surprisingly strong relative to our expectations) and what is happening with house inventory (inventory is low and declining as is normal seasonally before it starts to climb some in the spring).
Today I plan to address pricing and the direction that prices are moving.
What is worth knowing in this estimation:
(1) Prices are holding up very well in Charleston.
Median sales prices market wide have held steady inside of a very narrow band since last February (12 months) and appear to be poised to hold this trend.
(2) The rate of price increase, measured year over year, has slowed…
1145 Views, 0 Comments
After our first website launch in 2009 here at BuyingCharlestonRealEstate, we've had many different websites/looks over the years. I'm proud to say I believe this one should be the best for all of those looking to buy or sell a house here in Charleston.
When I pull into my neighborhood, I feel at home. As I drive in, I see my neighbors walking their dog, walking with their kids, and kids riding their bikes with friends. I know these people, they are my neighbors. I make it a point to wave to them, to talk to them, and to engage with them.
Take a look at this prized home on 7 King Street, in the heart of Charleston, South Carolina. This home was built in 1905, but don’t let it’s age fool you- the current owners have undergone extensive renovations to the home, and it shows. Wonderfully appointed rooms and plenty of the modern fixtures and amenities that we love, but fine touches that also tie in with the historic charm that Charleston so tastefully boasts.