Home Sales And Median Price Continue Upward Trends
According to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR) 1,261 homes sold in February in the region at a median price of $241,000. Last February, 1,098 homes sold at a median price of $236,484. For more than a year, home sales have consistently exceeded 1,000 closings per month, indicating stability for this pace of sales in our regional market.
Year-to-date, 2,294 homes have sold in the region at a median price of $240,000. The year-to-date median price for all three counties now exceeds $200,000.
Inventory has declined about 20% over the last 12-month period, with 4,837 homes listed as “active” for sale in the Charleston Trident Multiple Listing Service (CTMLS) at the end of February—relatively flat from January but as we move toward the busier spring season, we expect that inventory will begin increasing.
“The pace of home sales in our region seems to be sustainable” said 2017 CTAR President Dave Sansom. “Prices are increasing at a steady pace, but we do hope to see inventory increase this spring ....
Author:Jerod Coulter Phone: 843-513-3741 Dated: March 12th 2017 Views: 185 About Jerod: ...
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Working full-time in real estate allows Jerod to be accessible night or day for his clients. Both buyers and sellers have an acute appreciation for the time, energy, and complex marketing strategies he provides through an extensive network of personal contacts, media outlets, and dedicated professional marketing department. His strenuous work ethic and aggressive negotiating strategies are unparalleled. Holding a Bachelor of Science Degree in Finance & Economics with combined work experience in the investment banking industry, Jerod helps his clients accomplish their personal goals as well as financial expectations in real estate. Jerod takes great pride in his work and has a genuine interest in helping people. Whether you are buying your first home, purchasing a second home closer to the beach, investing in numerous income properties, or getting ready to sell the home of your dreams, he excels at assisting clients with goal setting, analyzing the data, and educating you to make the most informed decision possible.
-My business oriented background combined with a superior client focused level of service will undoubtedly help you achieve your dreams in the real estate market.
-The foundation of both my personal life and my business is God, Family, and Friends.
-I work out of the spectacular Mount Pleasant office conveniently located less than 4 miles from 526 and just minutes from Daniel Island. Stop by to visit, or call to schedule an appointment.
-Selling homes from Hollywood to Huger and everywhere in between!
-Relocating? No Problem! Call me at 843-513-3741. I am on the relocation team and will be happy to get you started.