June Real Estate News 2019
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 says that Charleston is the 3rd most affordable city in the US in terms of raising a baby. Charleston ranked #20 in terms of happiness out of 180 US cities investigated according to WalletHub.