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.
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