Charleston Market Stats through November 2020

“November saw the Dow Jones Industrial Average top 30,000 for the first time, while mortgage rates reached new record lows again. These new records have provided encouragement for buyers to move forward on home purchases, which continued to remain strong overall for the month. Showing activity remains higher than the same period a year ago across most of the country, suggesting that strong buyer demand is likely to continue into what is typically the slowest time of year. With inventory remaining constrained in most market segments, sellers continue to benefit from the tight market conditions.”

~ Charleston Trident Association of Realtors® (CTAR)

Market Statistics by Area:

Closed Sales +34.5% | Median Sales Price +18.4% |  Months Supply -61.5%

Downtown Charleston

Upper Charleston Peninsula

Upper Mount Pleasant

Lower Mount Pleasant

Daniel Island

Folly Beach

Isle of Palms/Wild Dunes

Sullivan’s Island

Kiawah Island

Seabrook Island

James Island

West Ashley

Johns Island

North Charleston

Summerville

Goose Creek

 

Featured Listing

1509 ocean club

1509 Ocean Club, Wild Dunes
4 bedrooms, 4.5 baths | 2,810 sq ft | Offered at $1,599,000
Welcome to 1509 Ocean Club, a premier oceanfront penthouse villa with spectacular 180 degree views from the Intracoastal Waterway to the Atlantic Ocean. This 4 bedroom, 4.5 bath villa is a rare find with the desirable ”B” floor plan, offering additional square footage, a breakfast room, private powder room for guests, and 3 of the 4 bedrooms facing the stunning view! For more information or to schedule a private showing, visit bit.ly/1509OceanClub.

1509 ocean club villa

Top 9 of 2020

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