New construction on a large lot with 5 bedrooms, 3 baths & 3482 square feet. Offered at $1,365,000. For more information, click here.
*Lovely brick-lined walkway leading to a charming front porch with elegant mahogany exterior doors
*10-foot ceilings, 4-inch oak flooring, wood-planked/Shiplap walls, custom light fixtures, and solid core 5 panel doors
*Gourmet kitchen with stunning, oversized marble island (12 feet)
*Living room with gas fireplace and reclaimed mantle and large windows that offer tons of natural light
*Large, private back yard, fully fenced and surrounds a beautiful oak tree
For more information and/or to schedule a showing, contact Jackie Kelly at 843.991.9111 or Jackie@thecassinagroup.com.
I’m so appreciative to those who voted for me again this year! It is simply an honor and I am so fortunate to be able to help families find their homes in this very special town! xo
Did you know Red Drum Restaurant and Bar offers Happy Hour Monday -Friday from 4-7pm with a tasty bar menu, local seafood, drink specials, craft beers and wines?
Mondays are Taco Night.
On Tuesdays, you can enjoy 1/2 priced bottled wine.
Wednesdays are Burger Night.
On Thursday, Red Drum features wine by the glass for $3.
Locally owned and operated, you will love the staff and their “neighborhood bar” atmosphere. Be sure to pop in or check them out at RedDrumRestaurant.com or follow along on Facebook, Instagram and Twitter.
AVERAGE SALES PRICE IN THE OLD VILLAGE/ OLD MT PLEASANT, FROM 2001-2016, PER THE CHARLESTON MULTIPLE LISTING SERVICE
The US housing market seems unstoppable, and our neighborhood is no exception. Prices continue to rise, demand is strong, inventory is tight, interest rates are low and new construction is in full force.
Sales prices in the Old Village/ Old Mt. Pleasant are at an all time high, with the average sales price reaching $685,000 in 2015 and a staggering $743,000 in 2016. That is a considerable jump from $455,000 in 2014. Not to mention that price has more than doubled from the 2001 average of $370,000. These stats show a solid investment market based on a steady increase over a long period of time.
So what does it all mean?
For sellers, it all sounds good, right? But pricing your home accurately is still the key. The average “Days On Market” for homes sold in the OV/ Old Mt. P was 64 in 2016 and 65 in 2015. When a home is priced under market value, multiple offers typically happen and can drive the sales price up. And if priced over market value, the home will sit on the market with little to no activity after about 120 days.
For Buyers? According to Chief Economist Jonathan Smoke, of Realtor.com, “Buyers who are able to land the home of their dreams can reassure themselves that their investment is likely to be a solid one—especially in our hottest markets, where homes are selling fastest and there’s the most demand.”
I always say it’s best to watch the market on a local level, and watch the prices over a long period of time. And when you are ready to buy or sell, it’s imperative to team up with a savvy REALTOR® who understands your market. If I can help you, please let me know. To see all homes for sale, visit http://www.SearchOldVillage.
The 2017 market starts off strong, as home sales in the Charleston Region continue to rise. In a market of low interest rates, a surplus of buyers and low inventory, sales prices continue to rise as well as the number of homes sold. Here is the latest Market Update, provided by the Charleston Trident Association Of Realtors®.
CHARLESTON, SC—(February 10, 2017) According to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR) 1,029 homes sold in January in the region at a median price of $238,900. Last January, 972 homes sold at a median price of $218,020. This marks the twelfth consecutive month that sales in the region have surpassed 1,000 homes and the first time in a decade that January sales have exceeded that benchmark.
Comparing the first month of 2017 to last year, sales volume has increased 6% and buyers are paying 9.5% more for homes in the region than they did last year.
Inventory has declined about 20% over the last 12-month period, with 4,746 homes listed as “active” for sale in the Charleston Trident Multiple Listing Service (CTMLS) as of January 31. We expect that inventory will begin increasing slightly in the coming months.
“We are pleased to see the residential market starting on such solid ground in 2017” said 2017 CTAR President Dave Sansom. “Last year was a strong year of growth in our market and starting the year with such substantial increases bodes well for both buyers and sellers. We’re poised to see another year of consistent growth in our market, supported by the flourishing local economy” he concluded.
500 homes sold at a median price of $308,750 in January in Charleston County. There are currently 2,545 residential properties for sale in Charleston County—1,920 single-family homes and 625 condos/townhomes.
For Stats specific to Mt. Pleasant, South of the Isle Of Palms Connector, Click here