Keller Williams Realty
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Mount Pleasant (SC) Real Estate Update - Fewer Listings, Lower Inventory!

Posted By: Alan Donald In: Mt Pleasant Real Estate Market
Date: Tue, Sep 20th 2011 10:34 am

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!