Charleston Area Market Stats through June (and other news)
“School’s out, and as vaccination rates rise and America enters a new normal, the U.S. housing market continues along at a frenzied pace, with low interest rates and limited inventory fueling record high sales prices. May saw the median existing home sales price exceed $350,000, a 24% increase and the largest year-over-year increase since 1999, according to the National Association of REALTORS®. Eager buyers are making multiple offers, some for well over asking price, while others are making offers on homes sight unseen…As we ease into new routines and look forward to a post-pandemic future, one thing remains certain: America desperately needs more homes.”
~ Charleston Trident Association of REALTORS® (CTAR)
Market Statistics by Area:
Closed Sales +19.0% | Median Sales Price +22.8% | Months Supply -72.4%
14 Saturday Road, I’On
5 beds, 4.5 baths, 4400 sq ft | Offered for $2,300,000
Nestled in highly sought after I’On, this exquisite marsh front home was custom built by Structures Building Company and designed by architect Neal van Dalen. The home boasts beautiful sunset views of Hobcaw Creek from the kitchen, sunroom, family room, master bedroom and additional bedrooms, while the outdoor area is equally impressive with double back porches and an additional screened porch providing outdoor living spaces to enjoy the view and nature. There is also a lovely carriage house with over 600 square feet complete with indoor staircase, kitchenette, large living space/bedroom and full bath which can comfortably house your guests or provide a great home office. For more information on this stunning home, visit bit.ly/14SaturdayRd.
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