December 2016

Found 1 blog entry for December 2016.

Charleston Real Estate

2016 was another great year for Charleston and its real estate market.  Through November, we were up 10.8% year to date over 2015 in the number of transactions.  Over 17,000 homes have sold in 2016 and it will be the 2nd busiest year ever. In terms of median price, we are up a modest 4.5% year to date over 2015 and the median sales price is now at $245,000.  While that is an all time high, it is below the trend line running back to 1991.  That trend line predicted we would be well over $250k by now.  That tells us that we are somewhat undervalued and have room for appreciation.  With migration from the north and influx of new businesses, 2017 will be another great year for Charleston and its real estate market. Charleston’s new

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