2012 was an incredibly strong year for real estate throughout Charleston. According to the Charleston Trident Association of Realtors, several market key market indicators such as sales price and closed sales were significantly higher than in recent years past. Both the median sales price and the average sales price rose by 4.4% to $190,000 and $263,014 respectively, while price per square foot increased by 5.2%. One of the largest indicators of market strength, the number of closed sales, increased a staggering 13.2% to 10,496 units sold between January and December 2012. We are expecting these strong trends to continue well into 2013.
The Cassina Group also experienced a productive and profitable 2012. In addition to adding several new agents and relocating to Mount Pleasant, the company also experienced their biggest year yet in terms of sales volume. The company’s agents handled 233 transactions with a total sales volume of over $96 million.
We look forward to our continued growth in the year to come and thank all of our clients for making 2012 such a banner year for our company!
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