December Real Estate Recap 2018
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 as busy as it will be when spring gets here. 2019 will be a great year for Charleston.