If you read my blog on Mt. Pleasant you noticed that it is a fairly hot sellers market. James Island is in a more healthy balance for both sellers and buyers. The average home taking just around 5.5 months to sell, so there is a healthy amount of buyers and sellers for the market, a good win win for all!
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.
|
$890,770
Median Listing Price
|
165
Median Days on Market
|
213
Active Listings
|
0.5%
Distressed Listings
(foreclosures and short sales) |
Jon Crompton
Keller Williams
843.296.8337
www.CharlestonHomeSearches.com
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