Charleston Market Stats Through January 2024
“Despite tepid sales activity, the persistent shortage of housing supply has helped prop up home values nationwide, with the median existing-home price rising 4.4% year-over-year to $382,600, according to NAR. Total unsold inventory was at 1 million units heading into January, an 11.5% decline from the previous month, for a 3.2 months’ supply at the current sales pace. Nationally, listing activity has started to pick up, and with mortgage rates stabilizing and housing completions on the rise, inventory is expected to improve in the coming months…”
~ Charleston Trident Association of REALTORS® (CTAR)
Median Sales Price
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8 Frank Sottile Lane, Isle of Palms
5 beds, 4 baths | 2,709 sq ft | Offered for $2,800,000
You will love this freshly restored home from top to bottom. Indulge in live oaks, back porch lounging, and sunrise views overlooking a par three hole on the Wild Dunes Harbor Course. Enjoy cooking in the new gourmet kitchen with stunning views and a butler pantry. Main floor primary bedroom and bath is stunning and spacious with 2 walk-In closets. The upstairs primary bedroom and bath has a double vanity, sitting area, and walk-in closet with washer/dryer hook up. Each floor offers optional flex spaces perfect for entertaining. This home is located right outside the gates of Wild Dunes Resort and is just steps to the Isle of Palms Marina and beaches. For more photos and information, visit bit.ly/8FrankSottile.
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[From left to right] Vannessa Carter, Silver Circle; Ginn Maiers, Platinum Circle; Brandy McMahon, Gold Circle; Jennifer O’Brien, Gold Circle; Sarah Sass, Gold Circle; Joy Millar, Silver Circle.
Charleston Coast Vacations
Welcome to 2400 Palm Boulevard, a luxurious 7,000 square foot home located on the stunning Isle of Palms. Enjoy the beautiful Gunite swimming pool, hot tub, a complete outdoor living area with kitchen, the third-level game room, a private boardwalk to the beach, and breathtaking oceanfront views. Wake up to the serene sounds of the ocean and indulge in a day filled with amenities and exciting activities at 2400 Palm Boulevard. Designed and constructed by one of the best teams in Charleston, this home truly stands out as one of the finest along the South Carolina Coast.
Click here for more information, and to book your stay today!