Property Values On The Rise In The Old Village/ Old Mt. Pleasant

QUARTER 1
OLD VILLAGE/ OLD MT PLEASANT

With demand for housing still exceeding the supply of homes for sale, prices take a sharp increase in Q1 of 2022. Here is a review of homes sold in Quarter 1 from 2019- 2022, This data reflects homes sold in The Old Village and Old Mt. Pleasant.

The AVERAGE PRICE PER SQUARE FOOT increased from $447/ square foot in Q1 2021 to $655/ square foot in Q1 2022.

The AVERAGE SALES PRICE jumped from $1 million in Q1 in 2021 to $1.57 million in Q2 of 2022. **Note: 101 New Street closed for $7.8 million on 2/23/22 and was removed from this data as an outlier.

The AVERAGE DAYS ON MARKET dropped from 137 days in Q1 of 2020 to 23 days in Q1 of 2022.

QUARTER 1
OLD VILLAGE/ OLD MT PLEASANT

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. If I can help, please contact me today. Jackie@TheCassinaGroup.com

**INFORMATION PROVIDED BY THE CHARLESTON TRIDENT MLS

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