Mount Pleasant has seen a huge increase in the sales price over the past few years. With little homes available sellers are getting a lot closer to their asking price.
If you are working with buyers, it is important to educate them on this because some homes are here today gone today! 71 days on market is still under our 3 months of inventory which gives us a tradional sellers market.
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
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$514,780
Median Listing Price
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79
Median Days on Market
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314
Active Listings
|
2.2%
Distressed Listings
(foreclosures and short sales)
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