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Charleston Real Estate Market Update September 2013

Charleston Real Estate Market Update September 2013

By on Sep 16, 2013 in Charleston Market Update | 0 comments

Charleston Real Estate and Rentals presents Charleston Real Estate Market Update for September 2013 The region had 1,278 homes sold at a median price of $217,462 in August, compared to 1,034 homes sold at a median price of $199,414 in August 2012, the Charleston Trident Association of Realtors reported this week. Homes are selling nearly a month faster than a year ago.   Staff Report Published Sept. 11, 2013 Charleston-area home sales were up 23% in August, with a 9% increase in median home prices compared to the year prior, the Charleston Trident Association of Realtors reported this week. The region sold 1,278 homes at a median price of $217,462 in August, compared to 1,034 homes sold at a median price of $199,414 in 2012. Days on market have declined by an average of 27 days, meaning homes are selling nearly a month faster than they were a year ago. Year-to-date, 8,706 homes have sold in the Charleston region at a median price of $205,417 and in an average of 87 days. In August 2012, figures showed 7,030 closings for the calendar year at a median price of $190,907. “Looking at the year-to-date figures, we are positioned to finish 2013 with significant gains in sales volume and healthy, steady growth in prices,” said 2013 Multiple Listing Service President Dave Sansom in a news release. “Thus far, we’ve made more progress than we anticipated in 2013 and this level of growth is sustainable for our market.” Inventory has held steady throughout the year, with 5,702 homes listed as “active” for sale in the MLS database. This figure represents approximately five months of inventory available in the region. “As we expected, the minimal increases in mortgage rates have not soured the demand for residential real estate in Charleston” said 2013 CTAR President Owen Tyler in a news release. “Buyer activity and interest is still very strong—the mix of cash buyers/investors and traditional buyers who recognize the long-term value of Charleston-area real estate have helped keep the pace of sales high and our prices strong and stable.” Berkeley County In August, 257 homes sold at a median price of $180,000. The most active area in the county was the area bordered by Jedburg Road,...

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Charleston Housing Market Still Active

Charleston Housing Market Still Active

By on Feb 17, 2011 in Charleston Market Update | 0 comments

Charleston housing market still active (from Post and Courier) Recent figures from a California-based research firm place the Charleston area at the top statewide in home prices and close to it in permits. Greater Charleston has the highest median home price by a wide margin among eight metro areas, according to John Burns Real Estate Consulting’s “Local Building Market Intelligence” released this week. The midpoint price in the Charleston area was $229,750. That compares with a $144,004 midpoint for Myrtle Beach, which is second highest. The least expensive area is Sumter with a median price of $95,933. Also highest in the greater Charleston was housing costs as a share of income, with 31 percent of income devoted to home expenses. Myrtle Beach placed second at 28 percent and Spartanburg third at 24 percent. Anderson was most affordable with 19 percent of income going to home costs. By building permits, the Charleston area ranked second at 2,945. It trailed Columbia, which had 3,026 total permits. The lowest numbers of permits were in Sumter at 354 and Florence at 375. Greater Charleston and Columbia reported the lowest unemployment rates at 9.1 percent. Greenville was third with a 9.3 percent jobless rate. The highest rate was in Sumter at 12.2...

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Sunchaser – Mt Pleasant SC New Construction – Dan Ryan Builders – New Neighborhood

Sunchaser – Mt Pleasant SC New Construction – Dan Ryan Builders – New Neighborhood

By on Apr 19, 2010 in Dan Ryan, Mount Pleasant SC, Mount Pleasant SC Neighborhoods, Mt Pleasant SC subdivision, Mt. Pleasant SC Real Estate, Sunchaser | 0 comments

Dan Ryan Builders is announcing a new construction home development in Mount Pleasant South Carolina. The new community, Sunchaser will be located off of Hwy 41 and minutes to highway 17 . There will be only 16 lots. New Homes to be built will be single family, 2 car garage homes ranging from 1500 sq. ft to 3000 sq. ft. Prices will start in the high $190’s. This community will be located within 5 miles to Oakland Plantation shopping including a Kolhs and Super Wal-Mart. Dunes West, Park West, Planters Pointe, Rivertowne are some of the neighborhoods nearby. Also, a brand new Harris Teeter and Roper St. Francis Hospital are being built minutes away. Not only are all the restaurants convenient, including Mello Mushroom, TGIF Fridays and rumor has it PF Changs, but the beach is only 15 minutes away. Historic downtown Charleston is a 15 minute drive over the Ravenel Bridge. Sunchaser is also zoned to Mount Pleasant’s excellent school system. Wando High School is also 5 minutes away. We don’t expect this property to last long so please if your interested we encourage you to contact us for more information. Update:  The Sunchaser Subdivision is now complete and there may be re-sale homes for sale....

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Sunchaser – Mt Pleasant SC New Construction – Dan Ryan Builders – New Neighborhood

Sunchaser – Mt Pleasant SC New Construction – Dan Ryan Builders – New Neighborhood

By on Apr 19, 2010 in Charleston Neighborhoods | 0 comments

Dan Ryan Builders is announcing a new construction home development in Mount Pleasant South Carolina. The new community, Sunchaser will be located off of Hwy 41 and minutes to highway 17 . There will be only 16 lots. New Homes to be built will be single family, 2 car garage homes ranging from 1500 sq. ft to 3000 sq. ft. Prices will start in the high $190’s. This community will be located within 5 miles to Oakland Plantation shopping including a Kolhs and Super Wal-Mart. Dunes West, Park West, Planters Pointe, Rivertowne are some of the neighborhoods nearby. Also, a brand new Harris Teeter and Roper St. Francis Hospital are being built minutes away. Not only are all the restaurants convenient, including Mello Mushroom, TGIF Fridays and rumor has it PF Changs, but the beach is only 15 minutes away. Historic downtown Charleston is a 15 minute drive over the Ravenel Bridge. Sunchaser is also zoned to Mount Pleasant’s excellent school system. Wando High School is also 5 minutes away. We don’t expect this property to last long so please if your interested we encourage you to contact us for more...

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