Tag: single family homes
Reading the national news about real estate can cause buyers to wait for the market to bottom out before buying. The problem is that like the stock market, when the bottom is identified, prices are already going up! The national picture does NOT hold true for local markets. In fact, in the Charleston real estate market sales vary from North Charleston to Summerville to West Ashley to Mt. Pleasant! The December 2009 results show that in Charleston County the number of transaction increased by 31% and the average sales price increased by 6% over December 2008.
If you are looking for a single family detached home in Mt. Pleasant, now might be a great time to buy. Interest rates are low, prices are still moderate and inventory is good. Buyers are looking for homes that have at least 1800 square feet of living space with no more than 4 bedrooms and 3 baths. If that meets your overall specifications you have approximately 366 homes below $800,000. That’s a lot of homes to consider!
From one end of Mt. Pleasant to the other, there are great homes that can be yours. Your real estate professional can help you find the right home for you. Location, price and condition are important. Having a professional representing you is critical.
Contact Dunes Properties.
South of Broad: There were 32 closings in 2008 vs. 63 in 2007. The price of the average sale was up 3% from 2007.
Harleston Village: There were 9 closings in 2008 vs. 33 in 2007. The price of the average sale ($1.658 million) was up 81% from 2007.
Ansonborough: There were 4 closings in 2008 vs. 9 in 2007. The price of the average sale was up 1% from 2007.
The French Quarter: There were 2 closings in 2008 vs. 2 in 2007. The price of the average sale ($2.23 million) was up 57% from 2007.