Category Archives: Real Estate (Market info)

Berkeley County, South Carolina is one of the fastest growing counties in the United States with an extraordinary quality of life.  The county has a wealth of natural resources and historical landmarks that make it a popular place to live.

The county’s real estate sales have remained strong throughout 2014.  A variety of new construction opportunities along with exciting new communities like The Nexton Development have help keep the market lively.

The Over $500,000 market has also begun to increase this year. Check out the properties that are topping $500,000;

Thirteen Properties SOLD above $500,000 so for in 2014 – Prices ranged from $515,000 – $900,000 (excluding Daniel Island)  CLICK TO VIEW

Curious About the Over 500k Market? – Check out ALL Properties listed for sale over $500,000 in Berkeley County   CLICK TO VIEW

Gena Glaze

If you are looking for a user-friendly way to search real estate listings, Check out our new MOBILE APP!

Our App stays up-dated with  MLS data and allows users to search real estate listing with ease!  You can search listings based on a wide variety of criteria.  Our app features easy geographical searches,  New Listings  and even Recent Price Changes!  Super easy to use and easy to retrieve from the Apple App Store or Google Play!

Open a new text message –  send to 8778  

in the text field enter code –  C1RETTA

Gena Glaze

National Association of Realtors Reports Healthy Sales Statistics!

Recent Sales Data from Charleston Trident Association of REALTORS®  

Strong Activity in Berkeley and Dorchester Counties Help Push Year-to-Date Home Sales Past 10k Benchmark in September

CHARLESTON, SC—(October 10, 2014) According to preliminary data released today by the Charleston Trident Association of REALTORS® (CTAR), 1,293 homes sold at a median price of $214,500 in September. Last September, 1,157 homes sold at a median price of $205,000.

Significant sales gains in Berkeley and Dorchester Counties bolstered the increased activity this month. The availability of new construction in both these Counties seems to be, at least in part, supporting this surge of activity. In Dorchester County, robust sales in the Summerville/Ridgeville area accounted for nearly half of the County’s transactions, buoyed by new construction sales in Drakesborough and The Ponds.

Year-to-date, sales are about 6% ahead of this point last year—a healthy and sustainable level of growth. “The steady growth in sales so far this year is a good indicator of the health of our market” said 2014 CTAR President, Corwyn Melette. “Median Sale Price has risen as well, just under 6%, and should be sustainable as we continue to see more companies moving to or establishing themselves in our area, bringing more jobs and investing in the Charleston region” Melette said. Year-to-date, 10,416 homes have sold in the region at a median price of $217,267.

At the end of September, there were 6,040 homes classified as active for sale in the CTMLS. At this time last year, there were 5,676.

August Adjustment
Preliminary data reported for August 2014 indicated that 1,358 homes sold at a median price of $215,000. Adjusted figures now show 1,381 homes sold at a median price of $214,500.

Berkeley County
303 homes sold at a median price of $177,775 in Berkeley County in September. The most active area in the county was the North area bordered by Jedburg Road, Highway 17A and College Park, with 80 sales at a median price of $191,470.

Charleston County

During September in Charleston County, 660 homes sold at a median price of $277,663. Outside of Mount Pleasant, West Ashley (outside I-526) was the most active area, with 96 sales at a median price of $235,059.

Dorchester County

249 homes sold at a median price of $189,900 in September in Dorchester County. The most active area was Summerville/Ridgeville, where 140 homes sold at a median price of $209,157.

The statistical data is looking good for the Charleston area and as a Realtor, first hand, we are seeing more showings, more inquiries, and our listings are SELLING QUICKLY!

Real Estate is HYPER-LOCAL so you need to understand the unique characteristics of your neighborhood, your property and your competition.  But with the right marketing for your specific property and area, you could MAKE A MOVE this Spring ….And possible QUICKLY!

TWO RECENT EXAMPLES

104 Trickle Dr—MLS# 1413138  -Bradford Chase –Summerville – UNDER CONTRACT in 3 DAYS!

8556 Royal Palms Ln-MLS# 1413168  Indigo Palms—N Charleston –UNDER CONTRACT in 12 DAYS!

Contact us if you are considering selling your home!

National Association of Realtors latest report indicate that National Home Sales are Up,  Prices are UP, Listing Inventory is UP and Distressed sales are decreasing!

If you are considering buying or selling a home, Contact me, Id love to help! Gena Glaze

The number of homes sold and their median price was up last month in the Charleston region compared with April 2013.

In April, 1,143 homes were sold at a median price of $215,000, according to preliminary data released by theCharleston Trident Association of Realtors. Last April, 1,028 homes sold at a median price of $200,000. In March, 1,120 homes sold at a median price of $219,066, the association said.

Inventory also increased slightly in April to 5,994 homes listed as “active” in the Charleston Trident Multiple Listing Service, according to the association.

“The local market is continuing to see a sustainable increase in sales and price, which is a positive sign as the traditional buying season gets into full swing,” Charleston Trident Association of Realtors President Corwyn Melette said in a statement. “Mortgage rates have declined to a six-month low, which means buyers can still make the house they want a financially viable option in spite of the rising median price.”

In Berkeley County, 222 homes sold last month for a median price of $176,000. The northern part of the county — bordered by Jedburg Road, Highway 17A and College Park — was the most active area with 60 sales at a median price of $161,750, the association said.

More From Charleston Regional Business Journal

REAL ESTATE MARKET UPDATE

Charleston SC – Berkeley, Dorchester and Charleston Counties

We are off to a good start!  The first Quarter of 2014 statistics show a great improvement over 2013 and a dramatic improvement from just two years ago (see chart showing 2014 vs 2012).  We have come so far!

Listing Inventory is beginning to rise, buying activity is strong…Looks like we are going to have a HOT Spring Market!

CLOSED HOMES UP 8.4 %

CLOSED VOLUME ($) UP 18.3%

MEDIAN SALES PRICE UP 13.7%

AVERAGE SALES PRICE 9%

Click Statistic Documents Below to Enlarge.