
The answer is C: The jetties are much older than1978, they were actually built in 1878-1886. But I bet you knew that!
*This data represents single family homes sold during the months of Jan and Feb in The Old Village and Old Mt. Pleasant over the past 5 years.
Prices are holding steady, especially in certain local markets and the Old Village/ Old Mt. Pleasant neighborhood is no exception. Buyers are plenty and inventory is still low, with only 20 homes on the market, visit SearchOldVillage.com to see what’s currently for sale.
Prices are up slightly from this time last year, with the AVERAGE SALES PRICE (during Jan and Feb) inching from approximately $1.4 million to $1.5 million, up significantly from 2019’s average sales price of $1 million.
THE NUMBER OF HOMES SOLD (during Jan and Feb) however, were down from 42 in 2019 to only 9 homes sold in 2023.
Another interesting market shift is The AVERAGE DAYS ON MARKET (during Jan and Feb) was approximately 60 days in 2019 vs. an 14 days in 2023.
Real Estate is local, down to your neighborhood, down to your street. If you are looking to buy or sell, it has never been more important to team up with a full-time, professional REALTOR who knows your market. I have been selling in this area for over 20 years. If I can help, please contact me today. Jackie@TheCassinaGroup.com
All data is provided by the Charleston Trident MLS **Note: 101 New Street closed for $7.8 million on 2/23/22 and was removed from this data as an outlier. Data reflects single family homes for the months of Jan and Feb.
Nationwide, the number of homes available for sale is up from the past two years, however, inventory is still very low when compared to the inventory levels leading up to 2020. And our local market still needs more homes for sale to meet the demand of today’s buyers. If you are considering selling, now is the time to reach out to a professional for guidance. Please let me know if I can help, Jackie@TheCassinaGroup.com and click here to read more from Keeping Current Matters.
If you know me, you know I have two speeds… I am either “running” or “injured.” So I recently started acupuncture as a drug-free approach to wellness, and I must say that I really like it! True, needles are involved (I close my eyes) but it’s very relaxing and my tight back feels great afterwards!
If you have been considering acupuncture treatment, please meet Sarah Stowers and Treayor Smith with Charleston Acupuncture! Specializing in pain management and sports medicine (a good fit for athletes), they have both dedicated their lives to serving the Charleston area by not only providing acupuncture, but other natural solutions such as herbal medicine, physical therapy, exercise/breathing therapy and more.
Click here for their website and I hope this leads you to some happy healing!
Two locations:
*222 West Coleman Blvd, Mt. Pleasant, SC 29464 phone 843-697-7776
*One Unity Alley, Charleston, SC 29401 phone 843-806-9402
Or reach out by Email: chsacupuncture@gmail.com
The 2023 January stats for Lower Mt. Pleasant show a decrease in the amount of homes sold, but an increase in pricing over this time last year (Average sales price of $887,799 in 2022 vs. 1,076,941 in January, 2023) Homes are taking a bit longer to go under contract, with an average of 21 days on the market vs. 16 days in 2022. But really… 21 days? That doesn’t sound too bad!
Local experts agree that the market will continue to normalize in 2023, however, January stats for Lower Mt. Pleasant emphasize that the market is still strong with low inventory, which allows pricing to continue to rise.
The Real Estate market is local, down to your neighborhood, down to your street. I specialize in this market and I’m happy to provide expert knowledge based on data and years of experience. Please contact me at Jackie@TheCassinaGroup.com if I can help!