If 2020 can be remembered for anything positive, it will be the record breaking Real Estate market.
Available homes dropped to a 1.8 month supply, down 56%. The average days on market down 46% to an all time low of 11.
There are 3,306 active homes, a drop of 48%.
Homes on average are getting 98.9% of list price, up 1.8% and sales price is up 9%.
Total closed sales for September was $894,534,354, up 77%.
Homes are selling faster and for higher amounts as the inventory continues to shrink in the Charleston area. We are seeing showings on a daily basis from clients moving from larger cities and colder climates. People are looking to enjoy our lives and what better place to be than Charleston??
If you are thinking about listing your home, we need you! If you are considering moving to Charleston, call us! Now more than ever you need a trusted advisor to help FIND YOUR ISLAND!
stats courtesy of the CTARMLS Showing Time.