2020 was a wild year in many respects. As we move into the new year filled with hope the housing market remains strong. 2020 left us with a pandemic, an election and record low mortgage rates.
Charleston Real Estate Update From Dan Lorentz Team
Dated: December 17 2014
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 ....