February Market Stats

If you read our February newsletter, we predicted January was the time to pounce on purchasing a home with the first dip in this perpetually rising market but it was very short lived. February prices showed a trajectory straight up, rebounding prices and price per sq foot to record highs.


AVERAGE SALES PRICE

Entire MLS $525,779 | +16.9%

77 - Daniel Island $1,283,950 | +46.1%

Mount Pleasant $857,374 | +36.1%

51 - Peninsula Charleston Inside of Crosstown $1,206,490 | +17.5%




AVERAGE PRICE PER SQ FT Entire MLS $257 | +25.4%

77 - Daniel Island $432 | +47.4%

Mount Pleasant $346 | +30.6%

51 - Peninsula Charleston Inside of Crosstown $597 | +26.5%



HOMES FOR SALE

Entire MLS 1,246 | -43.2%

77 - Daniel Island 16 | -40.7%

Mount Pleasant 86 | -57.2%

51 - Peninsula Charleston Inside of Crosstown 85 | -71.0%


Several projections show there is no signs of this market slowing down any time soon, call us to discuss your buying and selling options!