Ellis Creek Real Estate LLC
https://www.elliscreekrealestate.com/blog/june-real-estate-news-2019


June Real Estate News 2019

Posted By: Anthony Barrasso In: Charleston Market Updates
Date: Wed, Jun 19th 2019 9:20 am

     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.