NEW: LIST OF DISTRESSED PROPERTIES IN MT. PLEASANT
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Mount Pleasant is a very nice, safe and friendly residential community that forms part of the Charleston Metropolitan Area. It is connected to the South to Downtown Charleston Peninsula via the new Ravenel Bridge, and to the West to Daniel Island across the Wando River.
The City of Mount Pleasant has approximately 60,000 residents, a very strong school system (Charleston County) and a diversity of communities to offer in terms of size, age, price, uniformity, amenities, etc. Since the late 90's, Mt. Pleasant has experienced strong population growth. The town implemented a control in the number of new home application permits, which limited the supply of new homes so that they could catch up with the infrastructure development. This "artificial" limitation, coupled with the strong demand during the 2002-2006 boom, inflated home prices to the point that Mt. Pleasant became unaffordable for first-time home buyers. Given the market correction taking place since 2006, the Home Affordability Index (mean income vs. mean home price) for Mt. Pleasant in 2009 is back at the level it was in 2000.
Mt. Pleasant offers a variety of neighborhoods and home styles that include small cottages, established, traditional homes, high-end "neoclassic" style homes and large, custom-built homes. Hwy 41 (connecting Mount Pleasant with Cainhoy) is generally considered the boundary between "inner" Mount Pleasant (i.e. closer to Downtown Charleston) and "outer" Mt. Pleasant. The following are some of the better known and most popular neighborhoods in Mount Pleasant:
SINGLE FAMILY DETACHED HOMES
Larger Neighborhoods
Belle Hall Plantation - Brickyard Plantation - Carolina Park - Charleston National - Darrell Creek - Dunes West - Hamlin Plantation - Hobcaw Creek Plantation - I'On Village - Ivy Hall - Longpoint - Molasses Creek - Oakhaven - Park West - Ravens Run - Rivertowne - Seaside Farms - Snee Farm - The Groves
Smaller Neighborhoods
Back Bay Village - Bayview Acres - Carol Oaks - Commonwealth - Cooper Estates - Creekside - Grassy Creek - Heron Pointe - Hidden Cove - Hidden Lakes - Hobcaw - Horlbeck Creek - Laurel Grove - Old Mt. Pleasant - Old Village - Olde Park - Phillips Park - Planters Pointe - Pinckney Place - Point Pleasant - Shellpoint - Somerset - Wakendaw Lakes - Watermark - West Point - Yough Hall
New Homes
Belle Hall Plantation - Carol Oaks - Carolina Park - Charleston National - Darrell Creek - Dunes West - Hamlin Plantation - I'On - Liberty Hill - Linnen Place - Park West - Phillips Park - Pinckney Place - Rivertown - Watermark
TOWNHOMES AND CONDOMINIUMS
Battery @ Park West - Beaumont - Belle Hall Gardens - Cambridge Lakes - Cambridge Commons @ Park West - Carol Oaks Townhomes - East Bridge Town Lofts - Eastwood Townhomes - Egret's Walk @ Dunes West - Ellington Woods @ Dunes West - Etiwan Pointe - Hamlin Park - Hampshire @ Park West - Heritage Village - Kensington @ Park West - Keswick @ Park West - Longrove at Seaside Farms - Madison at Park West - Madison at Hamlin Plantation - Marais @ Seaside Farms - Marsh Grass - Marsh Harbor - Montclair - Legends at Charleston National - One Belle Hall - One Hamlin Place - Palms Cove at Dunes West - Parish Place - Planters Place - Preston @ Park West - Remington Forest - Renaissance on Charleston Harbour - Retreat at Charleston National - Sandpiper Pointe - Shellmore Village - Simmons Pointe - Six-Fifty-Six Coleman - Snee Farm Lakes - Southampton Pointe - Tennyson Row @ Park West - The Heritage @ Dunes West - The Gates @ Dunes West - The Gates @ Park West - The Meridian - The Reserve at Charleston National - The Tides - The Village @ Carol Oaks - Ventura Villas @ Snee Farm - Village Creek - Waverly @ Hamlin Plantation
Mount Pleasant Market Statistics & Trends
Mount Pleasant Becoming Affordable Again!
The following chart plots the "affordability index", the relationship between average household income and average home prices for Mt. Pleasant since the year 2000. As shown, homes are today as affordable as they were back in 2000.
Will Inventory Decrease Soon in Mt. Pleasant?
This chart shows the"Forward Inventory" indicator, which predicts the supply level for housing in the Mt. Pleasant area by looking at Current Inventory and homes Under Contract. If this trend continues, we will see a significant reduction in Current Inventory levels in the months to come.
Mount Pleasant, SC
MLS#
2931508 Mount Pleasant, SC
MLS#
1003963 Mount Pleasant, SC
MLS#
2911786 Mount Pleasant, SC
MLS#
2920237 Mount Pleasant, SC
MLS#
2925271 Mount Pleasant, SC
MLS#
2913971 Mount Pleasant, SC
MLS#
2925274 Mount Pleasant, SC
MLS#
2833265 Mount Pleasant, SC
MLS#
1002962 Mount Pleasant, SC
MLS#
2909852 
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Chas. Mt Pleasant are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2008 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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