Mount Pleasant (SC) Real Estate Update - Fewer Listings, Lower Inventory!
The Mount Pleasant residential real estate market continues moving forward toward recovery:
The Charleston Trident Association of Realtors reported for Lower Mt Pleasant (Area 42) a 30.1% decrease in the number of new listings and 31.7% change in inventory of available homes, with a 1.5% increase in closed sales for the month of August, 2011.
For Upper Mt Pleasant these numbers were 22.4% decrease in new listings, 22.3% decrease in inventory and a 10.1% increase in closed sales!
These numbers reflect what we (active Mt Pleasant Realtors) have been saying for a while: The Mount Pleasant real estate market is edging towards recovery! There are some of the lower price bands that are already experiencing shortage of options for buyers!
Please contact us if you have any questions or comments.