The stats for the month of March look pretty impressive when comparing 2020 to 2019.
According to the Charleston Trident Association Of REALTORS, home sales in Lower Mt. Pleasant (South of the IOP Connector) held steady in March of 2020 with 70 single family homes sold vs 73 homes sold in March of 2019. The median sales price was $592,000, up about 10% from 2019. Home sales took slightly longer, with the days on the market averaging 75 days in 2020, vs. 59 days in 2019.
And home sales in Upper Mt. Pleasant looked even stronger! In March of 2020, there were 100 single family homes sold vs 79 homes sold in March of 2019. The median sales price was $545,000, up about 7% from 2019. Days on the market averaged 69 days in 2020, vs. 75 days in 2019.
People are still buying and inventory is still low. If you would like to explore the real estate market, please let me know. I am happy to help!