Blog Archives

CHS Area Home Sales Up 14% YTD Thru November 2015

Warren Wise of The Post and Courier has the story here that CHS region home sales were up 14% in November year-over-year, but the forecast for 2016 suggests a modest slowing.

Luxury Residential Market Recovering Nicely

The Post and Courier’s Jim Parker offers an article on the rebounding (er, rebounded) high-end housing market.  Some interesting stats:  1) there are some 634 home listings in Charleston Trident Association of Realtors’ online property search from $1M to $3.5M; 2) 49 are between $3.5M and $10M; 3) two are above $10M; 4) 61 homes sales above $1M thus far in 2014 (40% more than mid-2013′ stats) and that is just those south of the Crosstown, and 17 of those are more than $2.5M; and, 5) currently there are 147 homes for sale above $1M and south of the Crosstown.  One realtor attributed the high-end boom and recovery to:  “nationally recognized restaurants, thriving creative arts and tech scenes, and carefully preserved historic district, downtown Charleston offers a rare combination of beauty and charm, walkability, living history and sophistication.”