Musings

Headlines & Reflections

Newsletter – April 2022

Newsletter – April 2022

Millennials are entering the housing market at a record pace, fueling demand and driving sales prices higher amid an epic housing shortage. Currently, millennials represent 22% of the U.S. population but make up 43% of the current market share, according to the...

Newsletter – December 2021

Newsletter – December 2021

November 2021, Charleston home prices were up 11.6% compared to last year, selling for a median price of $430K. On average, homes in Charleston sell after 48 days on the market compared to 65 days last year. There were 368 homes sold in November this year, down from...

Newsletter – October 2021

Newsletter – October 2021

The overall Median Sales Price were up 15.8 percent to $337,000. The property type with the largest price gain was the Condos segment, where prices increased 16.4 percent to $259,900. Market-wide, inventory levels were down 47.1 percent. The property type that lost...

Newsletter – August 2021

Newsletter – August 2021

Summer is coming to an end but the housing market is still heating up! Buyers continue to flood the market in search of their next home, with rock bottom inventory and record high sales prices reported throughout much of the county. Although closed sales were down...

Newsletter – April 2021

Newsletter – April 2021

Spring has sprung and the housing market still continues to heat up. Home sellers in the real estate market are regularly receiving multiple offers due to an inventory shortage combined with amazing demand for homes in Charleston area. Median sales price in Charleston...

Newsletter – February 2021

Newsletter – February 2021

Are you glad that 2020 is over? I hear you screaming yes from here! Despite some of the problems we experienced in 2020, the real estate market was strong in many areas with the main problem being a lack of homes for sale. This month I have some stats to share with...