Old Village/Old Mt. Pleasant Real Estate Market Update

OLD VILLAGE/OLD MT. PLEASANT MARKET UPDATE:

The 2018 average sales price for single family homes in the Old Village/Old Mt. Pleasant was $816,000 compared to 2013’s average of $570,000.  That represents an approximate 7.5% appreciation rate per year over the past 5 years! Amazing!

So what is expected for 2019?  Local experts forecast another solid year, as there are plenty of buyers and inventory is still low.  Interest rates will prove to be the “wild card” as rising rates will limit some buyers’ ability to purchase, potentially creating longer market times.  But for today, according to “The Morning Brew” the 30-year fixed mortgage rates hit a 4 month low, which is welcome news! Full steam ahead!

graph

Data obtained from the Charleston MLS, deemed reliable but not guaranteed.  The  2013 sales average did NOT include 101 Venning St., which closed for $5,000,000.

Advertisements

Client Testimonials

Jackie went the extra mile…and so much more!
In a transaction that seemed to have an impossible list of extra barriers that would have usually caused buyer or seller to throw their hands up and walk, she was the glue that held things together.  Her professionalism, integrity and care are extraordinary.
Thank you Jackie!
– Mark
We loved working with Jackie. When we fell in love with our (now) forever home, Jackie helped us get everything in place as quickly as possible–we were under contract within a day and closed 30 days later! Jackie was incredibly helpful throughout the process–always responsive to any questions and making sure we were comfortable with the process. Jackie is friendly, professional, knowledgeable and diligent, everything you could want in a Realtor! As a first-time home buyer, I cannot imagine a better outcome, thanks to Jackie!
– Abby and Doug
We have bought and sold several homes with Jackie, and have always been very pleased.  She draws upon her extensive experience to smoothly navigate client’s through transactions, making what could be a stressful process easy and understandable.  Jackie is an asset to Charleston real estate we feel very lucky to have found her!
-Kate and Christian Malpeli
We can’t thank Jackie enough for bringing us the perfect buyer! She is prompt, professional and excellent at her job. She was determined to sell our house and she made it happen! Jackie is a Rockstar!
-Sarah and John Dewey

Should I wait until Spring to Sell?

It’s December and with the whirl-wind of the holidays approaching, clients are asking me if they should list now or wait until the first of the year.  Obviously we do not have a crystal ball answer, but based on my experience, I am advising as follows:

Why wait?  True, there is a smaller pool of buyers during the colder months (think about those buyers who currently live in the North that cannot sell their homes because it is snowing) but even with fewer buyers, there is also fewer homes to chose from.  The big factor being that tons of new inventory will be hitting the market in the early spring, and the best path to ensure a quick sale is to beat the rush.

Below is an interesting article from RIS Media’s House Call.

“The holidays are fast approaching, and if you’re considering selling your home, now is the perfect time to reassess your strategy for getting your property sold. With the colder temperatures and many people heading on vacation, it may seem like an inopportune moment to list your house, but that couldn’t be further from the truth.

Although it’s true that there are fewer buyers looking for a home at this time of year, the pros far outweigh the cons. There are less, yet far more serious buyers searching for homes in your market, and there is less competition with less homes on the market, and transactions happen far more quickly as there are less being processed.

Click here to read more, and if I can help you in any way, please let me know.  Jackie@TheCassinaGroup.com

Just Sold – 517 Royall Avenue, Old Village

I am thankful to be part of this lovely community, and wishing a warm welcome to the new family who will live in this awesome home!  If I can help you buy or sell, let me know what you need, I am happy to help!

517 Royall Avenue closed on November 9 for $925,000.

 

20170924012134963293000000-o

 

Just Sold – 813 Pitt Street

Happy Fall!  So happy to close 813 Pitt Street!  The sellers were a dream to work with and I am so grateful to have met them and to be a part of this time in their lives.  Happy sellers, indeed.  Oh, and happy buyers too!

A kind note from the sellers:  Our experience with Jackie Kelly and the Cassina Group could not have been better.  Our home was an older home in a market that was filled with competition from new homes and fresh renovations.  Jackie sensed the love we had for our home and knew that we wanted another family to have the experience we did in raising our children there.  She represented the home as if it were hers.  Through a lot of ups and downs, she guided us to the unique buyer we hoped we’d find.  She was always available and extremely prompt with everything and anything we needed.  She is a professional and full-time realtor who knows what she is doing.  We highly recommend her to anyone needing a realtor.  We loved our experience with her, her assistant, Melissa, and the entire Cassina Group.

Tom & Janet Utsey

813 Pitt Street closed on October 29 for $1,258,250.

20171115182513994661000000-o20170630143931887013000000-o20170630143854302833000000-o20170630143841903481000000-o20170630143737201163000000-o

If I can help you sell your home, please contact me today.  I have been selling in the neighborhood for years, and happy to provide you with a clear, concise plan to get your home closed!  Jackie@TheCassinaGroup.com

 

 

Home Sales In The Old Village

Just sharing some of my sales in the Old Village, including the sales price and date of sale.  Thanks so much to my awesome clients!  Happy sellers and happy buyers.  Very blessed to be part of this community and help others do the same!

301 Center Street, sold on 6/29/18 for $1,385,000

blog center 1

109 Friend Street, sold on 2/5/18 for $871,000

706 Simmons Street, sold on 2/23/2018 for $1,225,000

blog simmons 2

522 Ruby Street, sold on 5/29/18 for $499,000

414 Rose Wilder, sold on 4/24/2018 for $600,000

308 McCormick Street, sold on 10/06/17 for $1,400,000