Charleston Real Estate Inventory Challenges Continue!

Posted By Shawn Pillion @ May 26th 2017 11:42am In: Buyer Info

Inventory Challenges Continue in Charleston SC

Some Highlights:

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800.
  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

Want to know how to compete in Charleston's multiple offer real estate environment? It all starts with a consultation with one of our exclusive buyer's representatives. Call us today!

Share on Social Media:

Comments (0)

Comments have been closed for this post.
Please contact us if you have any questions or comments.