Charleston-area Home Showings Drop for 11th Straight Month

jk sold

Interesting information from the Post and Courier, and while I must agree with the stats, I will say that working with a seasoned Realtor, who knows your market, is the key to going under contract quickly.  As an example, my most recent Old Village Listing 209 Greenwich Street, went under contract in 7 days. 

From Warren L. Wise, Post and Courier

While Charleston-area home sales are just slightly off last year’s pace through the first half of the year, home showings continue to lag.

For the 11th consecutive month, the number of people walking through doors to check out a house dipped across the Lowcountry in June.

The ShowingTime Showing Index for the Charleston region reported the number of doors being opened for prospective buyers dropped 6 percent in June. Showings have been down every month since last August and are off an average 9.4 percent over 12 months through June.

The good news is the negative showing rate has moderated in recent months from the double digits last fall and earlier this winter.

Sales are down for the year through July a scant 0.6 percent, but if more homes were available at price points people could afford, sales would be higher, according to Wil Riley of the Charleston Trident Association of Realtors.

“The rise in home prices is outpacing income growth,” he said. “In our region, the $53,000 median household income does not align with a median home price that’s climbing toward $300,000.”

Nationally, showings dipped 1.8 percent, and an official with the Showing Index said declines have moderated across much of the nation.

“Activity in the South and Midwest remains slightly slower than in 2018, though there is more buyer activity in the lower price quartiles of the market,” said ShowingTime Chief Analytics Officer Daniil Cherkasskiy. “Pricier homes continue to see less traffic compared to the same time last year.”

It has never been more important to work with a full time, professional Realtor who knows your market.  If I can help, please contact me at Jackie@TheCassinaGroup.com

 

Advertisements

Old Village/Old Mt. Pleasant Trivia Night at Red Drum- Oct 1st!

It’s back!  And I a so excited for this exciting event!

Grab your friends and test your local knowledge, as I host Old Village/Old Mt. Pleasant Trivia Night at Red Drum Restaurant!

 Oct 1st from 5-6:60pm at Red Drum Restaurant!  Super fun trivia all about our neighborhood and surrounding areas.

trivia-night-temple-solel

Red Drum

FOR SALE: 210 Bennett Street, One Of My Favorite Old Village Homes!

Built in 1834, 210 Bennett Street is one of the oldest homes in all of Mount Pleasant. Meticulously maintained, located in the heart of the Old Village Historic District and within walking or biking distance to neighborhood parks, Shem Creek, the  Farmers Market and Pitt Street shops and restaurants. Sullivan’s Island and downtown Charleston are only minutes away adding to its appeal.   Click here to read more.  Listed by Jimmy Dye with The Cassina Group for $1,765,000.  Contact me for your appointment today!  Jackie@TheCassinaGroup.com

Save The Date For The OV Home, Garden And Art Tour, April 13, 2014

The American Red Cross and the Old Village Home, Garden and Art Tour- Save the Date! On the evening of Friday, April 11 at Alhambra Hall, The Red Cross Preview Party will feature live music, bars up and downstairs. The charismatic auctioneer, Doug Warner, will entertain the crowd with fabulous trips to Belize, Paris, New York, during fashion week, and Montana. The ranch, near Yellowstone, in Montana comes with a main house and two guest houses and a day of fly fishing and a day of trail riding. On Sunday, April 13, you will be able to tour many beautiful homes some dating back to the post civil war era. The Old Village originally served as wealthy Charlestonians’ summer residence. These homes have been restored and are absolutely over the top featuring beautiful décor and architecture. For more information, please call Roberta Freer, Philanthropy Manager at Carolina Lowcountry Chapter of the American Red Cross  (843) 764-2323 Ext. 386

What’s For Sale In Old Mt. Pleasant/ Old Village?

The inventory is still relatively low in the neighborhood, with only 40 homes on the market as of today (11/26).  The current inventory ranges in price from $310,000 to $6,750,000.  Yes, you read that correctly, $6,750,000.  I know you are interested, so here is the scoop… check out this amazing home which is listed by Champ Smith of Places, LLC:

205 Ferry St. Available for $6,750,000.

A fantastic home on one of the best harbor front lots in the area!  Features 5200 sq feet, 3 bedrooms and 4.5 baths.

Click here to learn more.

1309159_0119334[1] 1309159_0432521[1]

I would imagine we will see a new crop of inventory this Spring all over the Charleston area.  But for now, it is what it is, so if you are someone you know is considering purchasing a home here, feel free to share this list…Click here for a complete list of homes that are on the market in the Old Mt. Pleasant/ Old Village.  Please let me know if I can help!  For all Charleston Real Estate, check out www.JackieKellyRealEstate.com

Would You Like To Be Part Of This Year’s Old Village Home, Garden & Art Tour?

We are gearing up for the 2013 Old Village Home, Garden & Art Tour on Sunday, April 21 and would love to have you on our committee!  If you have interest, please email me, jackie@thecassinagroup.com.  As you know, all proceeds benefit the local chapter of the Red Cross which provides vital services and programs to those in our community. Since the start of our new fiscal year July 1, they have assisted 248 individuals who lost their home to a fire.  Very important stuff here, so if you would like to help, contact me today!  Click here to learn more about the American Red Cross.