Keller Williams Realty
https://www.buyhomesincharleston.com/blog/quick-market-update


Quick Market Update

Posted By: Alan Donald In: Real Estate
Date: Wed, Nov 18th 2020 11:54 am

Quick real estate update from Charleston, SC.

Our residential market continues to be "very hot". Up by 13.9% in terms of number of homes sold in the last 12 months compared to the previous 12 months. Up by 16.3% in median home price since last year. And down by 47.1% in inventory!

Our market is very under-supplied! It appears that low interest rates have stimulated demand and the COVID pandemic and the election only fueled it, while not many people are willing to sell.

Home Sellers: Did you know you may have to negotiate your home up to three times? Anyone can sell a home in this market. But not everyone can get a top market price after all three negotiations are said and done.

Home Buyers: Do you want your Buyer's Agent to think outside the box, so you can beat your competition and have a chance at buying on and off-market properties and take advantage of these record-low interest rates?

In one-sided markets like the one we have now, experience and initiative counts!

Hire us, we can prove consistent performance above the average agent. The proof is that 75% to 80% of our business comes from repeat clients and people who know us.

Call/text 843-900-0155. Or email info@alandonald.com