Charleston, SC | 3rd Quarter Market Update

 

We are pleased to present our quarterly market report which provides statistics and valuable data about our area! This year continues to see measured price growth in most low-mid market price ranges, with most sub-markets showing increases in average price per square foot.  On the high end there have been a total of 45 sales over $3M this year alone, and well priced luxury properties are seeing strong activity across the board.

In agency news, our firm broke another MLS record this year with the highest price paid for a home in the area. 85 Blue Heron Pond on Kiawah sold off market for $15,000,000 earlier this summer. This marks the 4th of the last 5 years that Daniel Ravenel Sothebys can boast the highest price paid in MLS. We pride ourselves on representing buyers and sellers at the highest reaches of the luxury market in Charleston. This high level of service is extended to our mid-market and modestly priced listings as well, with all our agents consistently offering “Million Dollar Service at Every Price Point”

Please enjoy this market update and contact our office if you have any questions about what this information means for you, whether you are interested in buying, selling, or are just curious about the state of the market.