March Market Stats

This is where we reflect on what happened last month compared to March, 2021.... ready? From our perspective it appears buyers have become a little more scared off by inflating prices and homes that are significantly overpriced are sitting on the market longer, but the stats show differently. Days on Market is still down, for the entire MLS area by over 25% compared to March 2021. Here are some details about how the month end looked:



MEDIAN SALES PRICE:

Entire MLS $385,000 | +14.2% 77 - Daniel Island $1,200,000 | +19.4% Mount Pleasant $716,000 | +32.6% 51 - Peninsula Charleston Inside of Crosstown $850,000 | +25.0%


AVERAGE PRICE PER SQUARE FOOT:

Entire MLS $259 | +20.5% 77 - Daniel Island $424 | +20.5% Mount Pleasant $354 | +36.2% 51 - Peninsula Charleston Inside of Crosstown $596 | +26.3%



DOLLAR VOLUME SOLD:


Entire MLS $1,150,821,194 | +13.4% 77 - Daniel Island $47,581,769 | -6.8% Mount Pleasant $189,977,206 | -1.2% 51 - Peninsula Charleston Inside of Crosstown $93,976,900 | +26.1%


CLOSED SALES:

Entire MLS 2,106 | -4.1% 77 - Daniel Island 38 | 0.0% Mount Pleasant 223 | -29.9% 51 - Peninsula Charleston Inside of Crosstown 73 | -7.6%



Interested in what's going on in your area? Give us a call!