Charleston's Home Port

Blog by Mike Terry
Mount Pleasant, South Carolina

Charleston, SC - Big City amenities with a small City feel. Life is laid back here. We discuss a little bit of everything - here you'll find some of our notes, musings, ideas, and recommendations by my partner Thea Riley and myself (Mike Terry) with particular emphasis on real estate and projects in the Charleston SC Metro Area. COMMENTS ARE WELCOME and ENCOURAGED. Please notice the Post A Comment link at the bottom of each posting.

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Mount Pleasant, SC Real Estate Update for January 2007

Jan. 21, 2007

Isle of Palms - Beach

Mount Pleasant, SC is close to everything.  Our beaches (Isle of Palms & Sullivan's Island) are within a couple minutes, downtown Charleston is just over the new Cooper River bridge, shopping is convenient & plentiful, schools are some of the best in the area.  The town recreation department has been voted the best in the State for many years. There's always something to do around the area.  The people are friendly and love the outdoors.  There's plenty of top notch golf courses, and tennis courts.  Boating & Fishing is also big in the area.  When it comes to QUALITY of life - Mount Pleasant, SC "HAS IT ALL".

Local Real Estate market update:
The number of Homes in the Mount Pleasant, SC Real Estate market has continued to increased this year.  Currently, homes are sitting on the market a little longer with prices equal to, to slightly more than last year.  In my opinion as spring arrives this year (2007) - my forecast is for the prices and sales to rise slightly through the summer and steady in the fall before declining slightly around the holidays and end of the year.  This year (2007) will be a good year for real estate in the area somewhere between the record year of 2005 and the third best year on record of 2006.  147 Houses sold in December 2006 for 95.26% of list price with an average sales price of $354,480 with the Average days on the Market at 132 days.  November 2006 for 95.06% of list price with an average sales price of $412,652 with the Average days on the Market at 98 days.  Compared with 132 Houses sold in October 2006 for 94.81% of list price with an average sales price of $468,431 with the Average days on the Market at 94 days.  Compared with 178 Houses sold in Shem Creek - Mount Pleasant, SCSeptember 2006 for 97.01% of list price with an average sales price of $404,504 with the Average days on the Market at 71 days.  Compared with August 2006 for 96.86% of list price with an average sales price of $417,258 with the Average days on the Market at 76 days.  Mount Pleasant's convenience, stability, overall charm and beauty help lead the way in attracting new home owners and business' to the area from all over the world. Mount Pleasant, SC is truly one of the premiere places to live in the USA.

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