There has been a Real Estate Market heatwave and it won't be cooling down any time soon. Month after month we are breaking records for sales in the Charleston area. Things are changing in our little town and prices are soaring. Here are June's market stats compared to June 2020.
Average Sales Price
MLS: up 23% ($355,000)
Daniel Island: up 52% ($1,290,000)
Mt P (South of IOP): up 34% ($620,000)
Sullivans: up 97% ($3,000,000)
Price Per Sq Ft
MLS: up 20% ($186)
Daniel Island: up 43% ($368)
Mt P (South of IOP): up 23% ($290)
Sullivans: up 4% ($1,038)
Dollar Volume Sold
MLS: up 41% ($1,135,299,524)
Daniel Island: up 24% ($63,386,300)
Mt P (South of IOP): up 56% ($113,802,176)
Sullivans: up 202% ($37,740,000)
Homes for Sale
MLS: down 68% (1512)
Daniel Island: down 75% (28)
Mt P (South of IOP): down 76% (77)
Sullivans: down 36% (12)
Median Days on Market
MLS: down 84% (3)
Daniel Island: down 91% (2)
Mt P (South of IOP): down 92% (2)
Sullivans: down 17% (5)
We feel fortunate to have been so successful securing homes for our buyers and helping our sellers maximize their investment. It has been a challenging year and the Real Estate market has not made it easy for many buyers. We appreciate you trusting us to help you through it!