Buy in Mt Pleasant for Under $500k
Have you heard? The Charleston real estate market is back... that is a fact.
Year-to-date, we've closed 22% more sales over last year with about an 8% increase in average price! These hotcakes aren't staying on the market long either.... homes have been selling 25% faster than last year - less than 3 months on the market - which favorably contributes to our shrinking inventory... Currently we have about 6 months on-hand based on a revolving scale (in our darkest days, we had closer to 13 months on hand). Quite a different picture from the recent past for sure and although interest rates have seen an upward tick, they are still hovering at historical lows, making lending a very attractive option.
What does this mean? At the risk of sounding oh so cliche, NOW'S THE TIME TO BUY!
Mt Pleasant is an area close to downtown Charleston and the beaches that has maintained popularity showcasing alot of development over the years. The school systems are favorable luring many families to neighborhoods across the iconic Ravenel bridge with fabulous restaurants and shopping steps from your door.
Think you might be interested? Click the link below for an up to the minute snapshot of everything currently for sale under $500k! Start there and then customize the search to meet your specific needs. I'm here to help if and when you need it - whether it be in Mt Pleasant or any other Charleston neighborhood! I've got great contacts for mortgage pre-approvals too.... Happy Shopping!