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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Tavern & Table on Shem Creek!

Tavern & Table on Shem Creek is my “go-to” with friends and family! Their menu features a variety of Lowcountry flavors and I love that they support local vendors, fisherman and farmers. Their rustic atmosphere is elegant and comfortable, not to mention the spectacular view of the creek!

Pro-Tip: Be sure to visit the outdoor bar during sunset! You will likely get to see the dolphins frolicking as the fishing charters are returning to the docks with some left over treats. And did I mention their amazing handcrafted cocktails???

Click here for menu, hours and more, located at 100 Church Street, Mt. Pleasant.

Photo courtesy of T&T on Facebook, click to follow!

CTAR Real Estate Market Recap for January 2022

Quote from 2022 CTAR President Jon Stroud regarding January, 2022

Information provided by Charleston Trident Association of Realtors
Median Home Price Continues to Climb, Sales Slowed by Lack of Inventory

1,398 homes sold in January in the Charleston region at a median price of $360,000 according to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR).

Sales volume declined slightly, by 3% when compared to last January’s sales of 1,447 homes. Median price increased by 14% from the January 2021 figure of 315,000.

Inventory data shows 53% fewer homes, with 1,203 homes listed as “active” for sale in the CHS Regional MLS database at the end of the month—representing just under one month’s worth of available inventory.

If you are interested in learning more details about your specific market, please contact me at Jackie@TheCassinaGroup.com

Red Drum’s New Food Truck- ROCKET BURGER!

If you live in the Old Village, you already know and love Red Drum for their quaint, friendly atmosphere and FABULOUS food, but have you heard what’s new? Red Drum has introduced Rocket Burger! Their new food truck featuring burgers, hot dogs, milkshakes and more! You will find Rocket Burger parked at @thereddrum Tuesday-Saturday 11AM-4PM. They have plenty of patio seating so bring your friends! Thanks Red Drum, we love you!!!

108 Live Oak, Old Village

Available for $2,349,000. Located in the historic district of the Old Village and steps from Shem Creek, this beautifully designed home has it all. Quality detail and sophisticated efficiency make this home a must see. Features include: *3900 square feet, 4 bedrooms, 3.5 baths *Beautiful wide-planked heart pine flooring and exquisite woodwork throughout *Wrap around porch with tongue and groove ceiling, floor to ceiling solid mahogany french doors and gas lanterns *Foyer with elaborate mouldings *Living room with gas fireplace and built-in book shelves *Gourmet kitchen with decorative wood beams, butcher block island, farm sink, 6-burner gas stove with pot filler and double ovens *Eat-in area connecting the living room with the kitchen *Dining room with tons of natural light *Lovely screened porch with marsh and creek peeks and steps leading to the private yard with low-maintenance landscaping *Charming powder room with custom vanity *Primary suite on 2nd floor includes a spacious bathroom with soaking tub, double sink vanity, private water closet with bidet, tiled steam-shower, and dual walk-in closets *Two additional large bedrooms, both with walk-in closets and shared bath *Functional laundry room with wash sink, storage closet and shelving *Adorable built-in office nook *Top floor bonus/media room flanked with a wood-lined vaulted ceiling *Fourth bedroom with private bath *Ample attic storage *Uniquely crafted arch-top mahogany interior doors with etched glass and plantation shutters throughout *Energy efficient features such as tankless water heater and cement plank exterior *Elevator shaft closet *This home is ICF (insulated concrete form) built offering significant energy savings, reduced noise transmission, and does not support the growth of mold or mildew. It is built to any seismic or hurricane-storm standard and offers up to a four-hour Fire Resistive Rating. Enjoy all that makes this area so special: Walk, bike or golf cart to Alhambra Hall, Pitt Street Pharmacy, or the Farmer’s Market. Go fishing at the Old Pitt St. Bridge or kayak from the public launch site at Shem Creek. Visit the dog park or play tennis and pickleball on the neighborhood courts. Close to many of the local shops and restaurants, including Shem Creek. Award winning Mt. Pleasant Academy and Moultrie Middle Schools are an added bonus! Located just minutes from downtown Charleston and Sullivan’s Island, making this an ideal spot to live! Don’t miss your opportunity to find your special Old Village Lifestyle home! Please reach out for more, Jackie@TheCassinaGroup.com