Your Weekly Key News! 4/8/22
Today's Housing Market
Our team’s first-quarter was successful with 28 transactions total, including 16 closings and 12 homes under contract. 2021 was a record year, but 2022 sales are being slowed by low inventory. Today, we have less than a thousand active listings in our local market with a median sales price of $375,000.
What’s going on with our economy? A study says that SC ranked #2 in the U.S. for inbound moves in 2021. SC is 1 of 13 states with more people moving in than out. According to the U.S. Census Bureau, the reason behind almost a whopping half (46%) of all moves in America was housing. This includes people buying a home or moving somewhere better and/or cheaper.
Breeze Airways has announced they are adding flights from Charleston to San Francisco, Las Vegas, Syracuse, and Fort Myers. Bintelli LLC, a manufacturer of electric vehicles is expanding operations in Charleston County that will create 72 new jobs. A new 250-unit apartment development is underway for the Cainhoy area of Berkeley County.
Stay tuned for your market updates & follow me on Facebook for a live update every Friday!
Current Median Prices
• Summerville: $319K______________ __• Mount Pleasant: $699K
• Goose Creek: $299K_______ _______ _• James Island: $513K
• Moncks Corner: $336K________ ______• West Ashley: $375K
• Hanahan: $325K___________________ • Charleston: $495K
• North Charleston: $280K_____________• Downtown Charleston: $961K
Upcoming Events
April 9
Lowcountry Cajun Festival
- James Island County Park -
April 12
Women, Wealth, Wine
- Harbour Club at Westedge -
April 14
The Price is Right Live
- North Charleston Performing Arts Center -
April 21
Third Thursday
- Hutchingson Square, Summerville -
April 21 - 24
Charleston Jazz Festival
- Charleston Music Hall -
April 23 - 24
2022 High Water Festival
- 1001 Everglades Ave, North Charleston -
April 25
The Piano Guys
- Charleston Gaillard Center -
April 30
Shred Day: Free Shredding Event Tickets, Sat, Apr 30, 2022 at 1:00 PM | Eventbrite
- 215 West 2nd South Street, Summerville -
That SC Real Estate Chick's Blog
