Take a Look at Some Surprising Numbers

The following is a transcript taken from Roni's Facebook Live Friday Market Update on 1/14/22 at 10:30am.


Roni:

Hi friends. TGIF. I'm excited to be doing this market update. I used to do these for a while every single Friday without fail. So here we are in January and I'm glad to be back because whether you're looking to buy or not, if you own a property, you're going to be interested in what the market is doing. And that's just the reality. As a realtor, every time I see somebody, I can't tell you how many times a week I get asked, "What's the market like?" That is the number one question that I get asked. And so that's what I'm here to do is to share about that.


Recently, I was in a house for a listing appointment. I said, "How do you know about me?" They said that they had been watching me on social media, but originally they found me on the grocery cart ads at Harris Teeter, if y'all remember those. It's been a little while since I've been on those, but they seemed to work for those years that I was advertising on them. I've considered coming back onto those grocery carts. So, stay tuned and we'll see if that goes into the marketing plan for this year, but it was always fun.

I'm sitting here in a brand new listing and I just pushed it live last night. It was the, gosh, third listing, I think for the week. Well in the last seven days, at least we had a couple go on last Friday and then this one came on, like I said, last night. But I'm here in Cresswind at the Ponds, wonderful 55-plus community. This house in particular, it looks like a model home. In fact, I brought Braeden with me today. He's behind the scenes working. And he said, "Is this lived in or is it a model?" It looks like a model home. It’s 3139 Cross Vine.

Here's a misconception about 55-plus communities - it's old folks. It is not old folk people at all. It is very active and that's why people oftentimes buy or build in these communities - for the lifestyle. There's everything from going out into the lakes and kayaking and fishing. There's pickle ball. One of my past clients here in Cresswind. Hi, Michael, if you catch this later, but Michael he's like, "Save your money now because you're going to want to buy in an active lifestyle community." And it's just a reality. The people here have a great connection with each other. This seller in particular is very friendly. She has found her very best friend here in the neighborhood.

Let's see who we've got. Hey, Elizabeth. I love that you always watched my lives and participate. But again, this is intended to be a market update, but just another great way for me to connect with you guys and kind of bring some value because the market is active and that's what people always want to know. How is the market today? So, that's what I'm here.


And I sat through an economist meeting on Wednesday and they were sharing just about the state as a whole and what the pre-pandemic numbers were versus post pandemic. And where our shortage in inventory is going to lead us into this year and such. So those are the kind of things that I wanted to bring to you. You can't go into a restaurant or into a store without realizing about the labor shortage. And here's one thing that they were saying is that the spending in our state is 4.4% higher now than it was pre-pandemic. I call it a caffeine high that we're still on from the federal government funding our accounts.


Consumer spending is up 4.4%. These restaurants and hospitality have to have not only what the number of employees that they had pre-pandemic, but they've got to have more than that. That's why we're seeing the labor shortage. It's not that the jobs... That people don't want to work, which was exactly what my perception has been for a while. It's not that at all. It's that these businesses are booming because consumer spending is up. So, that was interesting to me to learn that. The federal government funding is starting to cease. We're going to see that continue to die down. And as it does, I think consumer spending will die off a little bit and it will start balancing out with our labor workforce as well.


Something else that I found to be interesting, and I get a lot of this, I'm sitting in a 55 plus community right now. This house is for sale. It is the only, no I'm sorry, it is one of two active listings in Cresswind at the Ponds. There's plenty of opportunity for new construction. Although I say that, there's land. There's land developed, but they have it all on hold or a great deal of it is put on hold. So if you want to buy it a 55-plus community at resale, it is hard to find because so many people that move into our state are doing so because they are retiring here. So, that's another big thing is a lot of our consumer consumers are in the 55-plus. Let me give you one of the statistics that they shared with us. 69% of incoming residences enter our state are at the age of over 55. So, they're not in the workforce. They're consumers spending in our economy and we are having the luxury of enjoying that liveliness within our economy, but they're not contributing to our workforce here.


Second homes, I shared this last Friday, are up substantially. I think it's almost 70% increase from pre-pandemic. Second home purchases are huge, as well as investment properties. We are getting a tremendous amount of investors. They're liquidating their properties around the country, especially in some Northern states. And they're buying here in South Carolina. So, all of that is creating a high sales volume, low inventory. And so we hope to see that balance out at some point. We are at historical lows. We've been there. We're about between 1,300 and 1,400 homes active in our entire MLS guys. Just to put that in perspective, a healthy market would put us at enough inventory to last six months. We are less than one month of inventory in our MLS. So, it is still a seller's market. If you've got the right price point and the right kind of property, it is still very much a seller's market.


So if you're looking to sell, I like to beat the market. I'm not real fair on a lot of competition. So, that's why we're getting listings now. I like to see people list their houses in January and February. Buyers are out there. And so it's a great time to list. Do you have any questions for me as we push through this conversation? Kind of keeping an eye on things. Let's see, I've got my iPad set up here. So if you have any questions and you want to post it later, make sure to make a comment and I'll get back in touch with you. If you feel like this might, this information may benefit somebody that is looking to purchase or sell in the area or just interested in the economics of what our real estate market's doing, tag them and connect them with me. I'd be glad to answer any questions that they have as well.

So last week we were really down in our sales volume and I think, well, it's not, I think I know it's because of low inventory. This week, we're getting back up to some regular numbers and we've had 350 residential sales here in the last week. 280 of those were single families. And that's pretty good. That's showing that there's still a high level, between 280 and 350, there's still a pretty high percentage of that being condos, townhouses, anything that is multifamily. So, we're still selling a good bit of both.


A lot of people ask about foreclosures and short sales. We've only been seeing one or two of those a week in our entire MLS. That is coming a little bit heavier right now. We saw six of our sales last week in the MLS were short sales or foreclosures. We may see that peak up a little bit more as the spring comes about. There is no economist right now out there that I have found that I listen to that is saying that foreclosures and short sales are going to be commonplace. So if you're holding out and trying to find the best property that is perhaps the greatest deal... I had somebody the other day, they said, "Well, if you come across a good deal, let me know." There's no real good deals to be had right now. But you betcha, if I find one, I will send it out to you. But don't hold out waiting for that short sale or foreclosure. Six out of 350 sales, basically. So, not real good statistics there.


We are seeing a little bit of a dip in new construction. They've always been strong in our market. And really within the last year, we've seen it as much as 50% or a little even higher than that of new construction sales that happened. And week by week, right now we're at 20% of new construction sales. So, the reason that I'm seeing that that's happening is because starts are a little bit slower coming out. The materials are still hard to get. I was just on site yesterday with somebody that's ready to close. We're still waiting on windows, garage door openers, and glass for shower enclosures. We have to have those things to get occupancy permits.


And so there's still a strong push with new construction, but just keep in mind that there can be some delays. Right now, new construction contracts, those guys are going to tell you that it's going to take you 9 to 12 months before you close. So, you better have patience on your side, if you want to go with a new construction build, because it is going to be a little bit more time consuming than normal. That's not just here guys. That's nationwide. I had some clients that left here, moved down to Florida, and they're waiting on their home to be built. And they've been waiting for a year and a half from contract to close. So, that is just something that is wildly spread.


Again, thank y'all for anybody that's joining. Tag a friend, if you feel like they could benefit from being a part of conversations on a regular basis about market statistics and such. I've got lots more numbers and statistics that I could share with you. If you're interested in real estate, please reach out to me directly. Let me know. I love the business that I'm in. I love sharing content with you. I love being your resource for all things real estate related. And I don't care if that means finding the right painter, the right house cleaner. I need to replace my flooring and my carpet. And who do I contact for home insurance? You might want to home warranty. You may find that your house is getting older. It's got some age to it and you just want to get in a one year home warranty to cover some of the upcoming costs you know that you're going to be faced with. I've got all the right people. So reach out to me. Again, I want to be all things related to real estate. Happy to help in any way.


We've got a wealth building seminar that's happening January 29th starts at 10 o'clock. We're going to have some great content that comes into that where you get to ask questions. I don't care... It's not geared toward first time home buyers. Although if you're a first time home buyer, great, come because you're going to find tons of information that's going to be beneficial to you. But we are looking for people that are going to be wanting to build wealth in real estate.


What that means is we're going to be answering questions. Where can my down payment come from? If I want to buy a second home or an investment property, what kind of loan opportunities are available to me? Maybe you want to buy a fixer upper and you've got questions about can I take a... What kind of loans are available for fixer upper opportunities that are out there? Maybe you're a DIYer. I am not. I commend everybody that can handle a DIY project. But maybe you're a DIYer, you want to take a house that's got some age and some projects to it. And you've got money for down payment, but you don't have money for the down payment in addition to all of the investments that you're going to have to make for the DIY projects. There's loan opportunities out there. You want to flip properties, you want to get it, fix it up, rent it.


Those are the kind of conversations that we're going to be having during this wealth building seminar. I've got Cornerstone Home Lending that's going to be partnering with me. So, you've got a real estate advisor, you've got a lender. And then in February, we're going to do another one and bring in a CPA. So, make sure to find information on that message, private message me if you want the invite. We've got it out there on both by Facebook and my Instagram pages where you can find that link for that wealth building seminar.


Thanks again, guys, for tuning in and joining me today. I appreciate those that jumped on live. And I appreciate everybody that is watching this as a replay. Make sure to drop a comment so that I know you are here. Have a wonderful weekend and I'll be back with you next Friday.

That SC Real Estate Chick's Blog

Fountain in a park setting, framed by green hedges and palm trees, set against a watercolor sunset.
By Roni Haskell February 24, 2026
Hi friends! February buying activity continues to show steady momentum across the region. Contract volume is healthy and buyer demand remains present, even if the pace has not fully shifted into the spring surge yet. This past week delivered strong pricing signals, which is always an encouraging indicator for sellers watching the market closely. A total of 280 residential properties moved under contract. Single family attached activity accounted for 57 of those, including 6 sales above 1 million. The detached segment remained the primary driver with 215 homes going under contract. Median list price held firm at $565,000 with median price per square foot at $274. High end demand was clearly visible with 46 homes above 1 million. 
Park with a fountain, flower beds, sculptures, and lampposts under a blue sky.
By David Caraviello Special to The Post and Courier February 24, 2026
Its roots trace back to the early 1700s, when it emerged as a settlement of stores and taverns at the crossroads of the Cherokee Path and the road between Charleston and Santee. Today Moncks Corner offers a slice of vintage Lowcountry, complete with grand oaks and an expansive waterfront, imbued with a small-town atmosphere where shopkeepers regularly know their customers by name. Indeed, Moncks Corner can often seem like a throwback to what all of greater Charleston once felt like decades ago —all of it alongside Lake Moultrie, the 60,000-acre reservoir that’s a haven for boaters and anglers. It’s a place where the pace of life is a little slower, where outdoor activities are always close at hand, and where the vibe and the setting combine to create an irresistible allure for many homebuyers in the Lowcountry. “Moncks Corner is a slower-paced community with fewer people, less traffic, and less density of stores than most suburbs of Charleston,” said Roni Haskell, broker associate and agent at Roni and Co., a Keller Williams Realty affiliate. “It offers a small town feel with Southern barbecue hot spots and seasonal farmers market. The downtown redevelopment project that was approved in the fall of 2025 brings promise of revitalization that will give residents a fresh feel to town, but also attract new residents.” Morgan Brinson Fann, co-owner and broker-in-charge at Carolina Life Real Estate and Auctions in Moncks Corner, was born in the Berkeley County town and except for one year, has lived there her entire life. “A lot of people have stayed,” she said. “I like going to the store and running into people that I grew up with. It still has that hometown feel to it.” Kristen Conley, broker and lead at the Conley and Co. Team of Modern + Main Realty, can relate. She lives on the lake in nearby Bonneau Beach, in the home her grandparents once lived in, and has worked in Moncks Corner nearly her entire career. “I like that it’s small, and when you into the bank or a restaurant, people know who you are,” she said. “It’s quiet here. You have that slower pace of life. I can come home and feel like I can relax.” Others would agree. The 2024 U.S. Census found that Moncks Corner was the third fastest-growing city or town in South Carolina, seeing a 10.2 percent increase in population from the previous year. The town has become a hub of new home construction, with new home communities dotting both sides of U.S. Highway 52. More than 52 percent of all homes sold in the Moncks Corner/Goose Creek area in 2025 were new construction, according to the Charleston Trident Association of Realtors. In many minds, a Moncks Corner home is envisioned as a residence in an established neighborhood like Fairlawn Barony or Berkeley Country Club, situated on a large lot replete with oaks and azaleas. But more and more often, it’s becoming a newer build in a community like Abbey Walk by Dream Finders Homes, Lakeview at Kitfield by D.R. Horton, or Cypress Preserve by Lennar. “New construction is really what’s selling the most,” Conley said. “It’s not because older homes aren’t selling — we just don’t have the same type of inventory for those. If we had more inventory in those established neighborhoods, that would 100 percent be a draw. But in new neighborhoods, there are just so many more options.” Prices from the $200,000s No question, Moncks Corner has a luxury market — there are several million-dollar listings for new builds in Wassamassaw Plantation, a five-bedroom home on 5.78 acres at 369 Edisto Drive recently hit the market with a list price of $1.35 million, and a 5,100-square-foot home on the lakefront in nearby Pinopolis sold late last year for $1.375 million. But to many prospective home buyers, Moncks Corner brings something else to mind: affordability. The average sales price in Moncks Corner since the first of the year is $360,000, Haskell said, making it “a more affordable area for buyers.” The median sales price for the Moncks Corner/Goose Creek area in 2025 was $387,662 —up 1.3 percent from the previous year, according to CTAR, but still well below the Charleston area median of $426,947. So far in 2026, Haskell added, Moncks Corner sales have averaged $177 per square foot. “There’s definitely availability for first-time homebuyers,” said Fann, who estimated that first-time buyers are 40 percent of her business. “For the longest time, Moncks Corner did not have any townhomes, and now they’re going up everywhere. While anything under $300,000 is going to be hard to come by, it is affordable for a lot of people.” The abundance of new construction has certainly played a role in that. Of the 148 homes under contract in Moncks Corner as of Feb. 16, Haskell said, 81 of them were new builds or proposed new builds. Available new detached single-family listings began at $369,900 at The Groves of Berkeley by Beazer Home, at $399,410 in Cypress Preserve, at $403,9455 in Lakeview at Kitfield. New townhomes started at $246,490 at Halstead by Starlight and at $259,900 in Abbey Walk, with many more on the way. “You can find a very nicely appointed townhome in Abbey Walk built by Dream Finders Homes for under $300,000,” Haskell said. "They have a natural gas range, 42-inch upper kitchen cabinets, quartz countertops, a tile backsplash, stainless appliances, a tankless water heater and luxury plank vinyl floors. They live well, look good, and are affordable. For first-time home buyers who have high style, this is a perfect fit.” The existing home market can be tighter, because Moncks Corner tends to be the kind of place where people hang on to homes in established neighborhoods for a very long time. A recent search turned up just three active listings in Pimlico, an established neighborhood that borders the Cooper River. There were just three in Fairlawn Barony, only one in Berkeley Country Club. Listings were similarly limited in communities such as Stony Landing and Sterling Oaks. Those neighborhoods tend to appeal to “move-up” buyers, Conley said — people who have already bought their first home in Moncks Corner, and are willing to be patient to find the bigger purchase that comes next. “Those more than likely are people who have been in Moncks Corner for a little while, who have bought in one of those newer neighborhoods,” she added, “and have been waiting for the perfect house to come up.” Slice of the lake life Lake Moultrie is among the natural jewels of Moncks Corner, with a southern shoreline that extends from the Hatchery Wildlife Management Area, around the peninsula of Pinopolis, past Overton Park and up to Bonneau Beach. Owned and managed by Santee Cooper, the lake plunges 75 feet at its deepest point, and according to the S.C. Department of Natural Resources offers many anglers the opportunity to catch the largest freshwater fish they will ever encounter. “Living by the water is a strong draw,” Haskell said. “I have had many clients over the last five years move out of Summerville and seek lake living on Lake Moultrie. It is still close to work and essential life needs for them, but they feel it is a retreat when they go home to living on the lake. The peace that brings them during the week and also the enjoyment on the weekends is what they are seeking.” Finding that slice of idyllic Moncks Corner lakefront, though, can be easier said than done. Conley lives on the lake in Bonneau Beach, and when she looks out from her backyard she sees not an overdeveloped lakeshore crammed cheek-to-jowl with houses, but largely water and trees. “The lake in general is still a draw, especially for people who come in from outside the area and are looking to retire here,” she said. “But it’s not like it’s developed all the way around, so if someone is looking specifically for that, it’s probably going to take a little bit of time. You've got a couple of areas in Moncks Corner, Pinopolis, and Bonneau Beach. After that, you’re pretty much going to have to go over to Cross to find anything, and there are only a couple of neighborhoods over there directly on the lake.” A recent search turned up only a few waterfront listings on Lake Moultrie in the Moncks Corner area, all of them in Bonneau Beach — including offerings of $1.995 million and $2.995 million, both of them active contingent and next to one another on Butter Road. Listings on the Cooper River include a $1.45 million home in Pimlico, and a $699,800 active contingent listing in Berkeley Country Club. “It’s definitely slim,” Fann said of waterfront options. “Last year I sold one of the highest-priced listings on Lake Moultrie, in Bonneau for about $1.2 million, and it wasn’t even on deep water. Someone local bought it — they had a house in Foxbank and wanted to move to the lake, so that’s what they did. But it is slim.” It all further accentuates what’s become the general rule of thumb when it comes to real estate in Moncks Corner: new construction is relatively easy for buyers to find, but homes in established neighborhoods and on the lakefront are at a premium. “You’re talking about areas where people don’t move every couple of years,” Conley said. “Once you move into these older, established areas, you’re setting down roots for a while.” Maintaining a unique identity Clearly, more and more people have become eager to do just that in the place that calls itself “the Lowcountry’s Hometown.” Between April 1, 2020, and July 1, 2024, the population of Moncks Corner grew 37.9 percent, according to the U.S. Census — from 13,313, to 18,359 over that span. For locals, the population growth and the development that’s accompanied it are evident. “Every time I go from Moncks Corner and drive down Highway 52 or even Highway 17, there’s something new going on,” Fann said. “There’s only so much land, and there are only two main highways to get to and from Moncks Corner.” And yet, the town’s slower pace of life and relaxed nature continue to endure. Moncks Corner is “the embodiment of the Lowcountry way of life,” according to its official government website. Hard to argue with that, given the number of people moving there. The fact that it offers an abundance of new, affordable real estate only sweetens the deal. “Partly the secret is out, but also there are more opportunities in Moncks Corner now with the growth and development,” Haskell said. “A few years ago, I helped a builder secure many lots in Wassamassaw Plantation that they subsequently turned around and built new custom spec homes on. They are beautifully crafted, giving more options to our luxury buyers. So no matter the price point, there are just simply more offerings today than in years past. The land is more affordable, and the municipality makes it easier for the developers to develop and builders to build than some sistering communities in the Charleston area.” Yes, there can be more traffic getting back and forth to Berkeley High School than there used to be. Yes, it’s easy to look at all those master-planned communities in Summerville and wonder how much further northwest they’re going to creep. But even in the face of unprecedented growth, Moncks Corner has retained its unique identity — as the the scenic lakefront, the established neighborhoods, and the local shops downtown will attest. “I think for sure that is has,” Conley said. “If you're on Main Street, pretty much everything but the banks is locally owned and operated. Obviously, times change and things grow. And I know as things continue to come this way, there are other things that will start to creep in. But I don’t feel like you’re going to see a lot of commercialized things come into downtown Moncks Corner, because there’s no room for it in that area. I feel like it’s going to maintain that down-home feel.” Article from https://www.postandcourier.com/moving-to-moncks-corner-growing-town-combines-affordability-with-a-laid-back-lowcountry-feel/article_eff92a29-67fa-44c0-bc14-640b1c5afc95.html
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