Women In Real Estate 2020-21

C H A R L E S T ON ’ S 2 0 2 0 Women I N R E A L E S TAT E www.CharlestonWomenInRE.com | www.ReadCWomen.com | www.MountPleasantAgents.com WIRE MT. PLEASANT 501 Belle Hall Pkwy, Suite 101 Mt. Pleasant, SC 29464 WEST ASHLEY 1180 Sam Rittenberg Blvd., Suite 310 Charleston, SC 29407 SUMMERVILLE 1055-D N. Main Street Summerville, SC 29483 ESTATE PLANNING SERVICES PROTECTING YOUR LOVED ONES www.bandclawfirm.com Butler & College, LLC 843.225.3167 ® Now Offering VIRTUAL Consultations! CHARLESTON 2020 HOME SALES TREND “Statistics can be misleading,” said Doug Holmes, who provides statistics for CTAR. “At first glance, it looks like fewer homes were being sold in early 2020 than a year ago. But dig deeper, and you will see that median sales prices are going up,” he added. According to Holmes, what is also not shown is the fact that there is just too much pent-up demand for houses for agents to bother with buyers who have too many contingencies on their offers. MAY-JUNE 2019 Homes sold: 7,038 Median price of homes sold: $278, 525 Single-family detached homes sold: 5,637 Median price of single-family detached homes sold: $295,000 MAY-JUNE 2020 Homes sold: 6,830 Median price of homes sold: $293,000 Single-family detached homes sold: 5,486 Median price of single-family detached homes sold: $311,116 Change in number of houses sold: Down 2.7% Change in median price of houses sold: Up 5.5%