March market stats

March is behind us and the stats are in.

Median Sales Price

Entire Charleston Area: $339,265 - UP 18.2%

Daniel Island: $900,000 - UP 36.4%

Sold Price Per Square Foot

Entire Charleston Area: $175 - UP 14.4%

Daniel Island: $301 UP - 14.4%

Months Supply/Inventory

Entire Charleston Area: .7 - DOWN 80%

Daniel Island: .6 - DOWN 85%

Available Homes

Entire Charleston Area: 1471 - DOWN 75.8%

Daniel Island: 27 - DOWN 77.9%

Dollar Volume Sold

Entire Charleston Area: $930,612,284 - UP 41%

Daniel Island: $47,843,029 - UP 35%

Closed Sales

Entire Charleston Area: 2009 - UP 18.9%

Daniel Island: 39 - DOWN 9.3%

As we enter into Spring market, the big question is if we will see a huge influx of new listings. We foresee more homes coming on the market as they are now but definitely not much of an increase. As prices are continuing to rise month over month, we have many clients that would consider selling but don't want to leave the area they currently live in. We are working hard to make these back to back transactions happen and have been successful with some creativity and a lot of patience.

If you are thinking of buying or selling, give us a call!