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Charleston Real Estate Update From Dan Lorentz Team
Sales Remain Strong During the Holiday SeasonCHARLESTON, SC—(December 11, 2014) According to preliminary data released today by the Charleston Trident Association of REALTORS® (CTAR), 962 homes sold at a median price of $222,283 in November. Last November, 918 homes sold at a median price of $203,405 in the region.As expected during the holiday season, sales have slowed, but only by a small margin. Inventory remains strong with 5,739 homes listed as “active” for sale in the Charleston Trident Multiple Listing Service (CTMLS).“During the holidays it is typical to see a slight dip in sales but we expect a final upswing to end the year. The region remains on track to close 2014 with sales that reflect what the trend has been all year – a growing, sustainable market,”
In Charleston County in November, 484 homes sold at a median price of $281,117. Outside of Mount Pleasant, where 166 homes sold at a median price of $386,250, West Ashley outside I-526 was the most active area during the month with 66 sales at a median price of $245,468, followed by James Island with 54 sales at a median price $261,000. Year-to-date 6,969 homes have sold in the county.
About Dan Lorentz, ABR, CRS, Founder & Team Leader of Greater Charleston Properties: Founder and Team Leader of the Greater Charleston Properties Team, Dan Lorentz, has lived in the Charleston, SC ....
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