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Nestled along the picturesque coastline of South Carolina, Charleston has always been a city that effortlessly combines history, charm, and modernity. Its vibrant culture, cobblestone streets, and stunning architecture have made it a coveted destination for tourists and a beloved home for residents. And while Charleston's allure is undeniable, the city's residential real estate market has been making waves of its own. In this blog post, we'll take a deep dive into the current state of Charleston, SC residential real estate, exploring the latest trends, insights, and developments that are shaping the local market.

Booming Demand and Limited Supply: A Tightening Market

Charleston's reside...

     Charleston continues to be a very hot topic around the country. Dr Beach from FIU’s Laboratory for Coastal Research has ranked Charleston County’s Beachwalker Park #10 out of 650 coastal US beaches based on 50 criteria including sand and water quality, facilities, and environmental management. The Discoverer blog ranked Angel Oak on Johns Island as one of their Most Beautiful Places in the US. A new report from personal finance website ranks SC as the 10th best state for Military Retirees.  SC had the largest percentage of veteran owned businesses in the nation and was 6th in the number of veterans per capita.  It was reported that Spoleto festival attendees brought in over $43M to...

Summer is here and so are the fireworks! Are you ready for the 4th of July celebrations?  They will be everywhere.  There’s military flyover salutes all up and down the coast while you’re soaking up the sun. A great place to view multiple fireworks displays is the Uncle Sam Jam at the Mt P Pier at 7pm. The City of N Charleston festival begins at 3pm at Riverfront Park. 

Here is your July calendar: 

5: Tedescihi Trucks Band Wheels of Soul 2019, Volvo Stadium

6: Terence Young, Chas Music Hall

6-7: DJ McKevlin Grom Fest Surf Contest, Folly Beach

13: O’Jays, N Chas PAC

15-19: Junior Historian Summer Camp, Middleton Place

17: 1st Annual Rein and Shine Golf Tournament...

Great buying activity continues onward. James Island, Folly, and Edisto had another great week.The downtown areas 51,52 were also strong.
All areas were pretty strong except Johns Island. Prices were very good all over. Mt P and James Island continue to be well over $200/sqft.
West Ashley is consistently over $150/sqft.  N Chas and the Summerville/Goose Creek areas are usually above $120/sqft
We are consistently seeing about 15-20 each week over $1M.

We do have people leaving the area because of congestion. We are a victim of our own success. 15 years ago, most people didn't hear much about Charleston.
The last 5 years of being voted #1 city in the US by T...

     The Charleston real estate market continues to do quite well. Year to date, 2019 is down about 4.3% in number of transactions from 2018.  But the fall of 2018 was a bit slow, so we expect 2019 to catch up.  2019 is up 3.7% YTD over 2018 in terms of median sales price.  Median sales price is now at $275k.  The median sales price in Mt Pleasant South of the IOP connector is up 7.7% YTD over 2018.  Median sales price so far there this year has been $505k.The 2 major Summerville areas are up about 10% YTD in terms of median sales price over 2018.  Johns Island is up 8.2% YTD in terms of median sales price over 2018.  Median sales price there has been about $328k so far in 2019. Redfin sa...

June is here and so is the hot weather!

Temps actually hit 100 in late May. Crazy. 

Here is your June calendar of events:
30-2: US Women’s Golf Open, Country Club of Charleston

1-9: Spoleto and Piccolo Spoleto, Spoletousa.org
1: Lowcountry Splash, Charleston Harbor
1: Rotary Club Charity Duck Race, Lake at Smythe Park Daniel Island
11: Tim McGraw, Gaillard
12: Billy Ray Cyrus, Honky Tonk Saloon
15: Shaggin’ on the Cooper, Mt Pleasant Pier
16: Motors at the Monkey, Ghost Monkey Brewery
18: Bruce Hornsby, Chas Music Hall
19: Art of Jazz, Gibbes Museum
20: John Crist, North Chas PAC
22: 9th Annual Swing for the Cure Golf Tournament, Patriots Point
21-23: Gullah/Geechee Nation International Music an...

      The Charleston real estate market continues to march on.  2017 was a record year and 2018 will come very close to surpassing 2017.  Year to date, the number of transactions is almost identical to the same 2017 period.  Median sales price is up 7.1% to an all time high of $272k.   Some areas(Folly Beach, Johns Island, North Charleston inside 526, Isle of Palms, peninsula Charleston, Goose Creek, Daniel Island, and the Clements Ferry Road area) are up over 10% in terms of median sales price over 2017.  Many consumers are asking if the market is finally beginning to slow.  Only in the fact that our market always slows down during the holiday and winter season.  It’s still busy. But not...

     People around the world have found us and are moving here quickly.  So, the real estate market here is one of the best in the US. Through the first half of the year, we are up 17.5% in number of transactions over the same time period from 2014.  We will easily sell over 14k homes this year and it will be the 3rd most active year ever.  Meanwhile, prices are rising, but at a nice sustainable rate.  Our median sales price is only up 3.3% over the same period from 2014.  We now have a median sales price over $230k and that is the highest ever.  However, $/sqft prices have not nearly completely recovered to the 2006/7 time period.  And overall, our median sales price is still under where...

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National Real Estate News

There are always some exciting events to start the New Year in Charleston. Start the year by watching the Flip Flop Drop at Folly Beach at midnight on Dec 31. Of course, you can stay around for the Folly Beach Polar Plunge the next day. This year, you are asked to come dressed as your favorite Bill Murray character in honor of one our most famous local celebs. The inaugural Medal of Honor Bowl will be at Johnson Hagood Stadium on Jan 11. Restaurant Week, always a favorite, is back from Jan 8-21. Charleston restaurants are some of the best in the world. We have James Beard award winners all over town. The fourth annual Charleston Marathon is on Jan 18. The 34th Annual Charles...