Positive Trend in Charleston Real Estate Inventory

Interesting Trend in Charleston Homes For Sale

Over the past 6 months another positive trend has occurred in the Charleston real estate market. The number of homes listed for sale has dropped 21% in the Mount Pleasant area and 19% in the West Ashley area. With little new construction coming on to the local real estate market, the inventory has quietly been dropping.

Sales for February have not been released but we have seen a marked increase in the number of homes going under contract in February. Stono Ferry homes sales tend follow the West Ashley homes sales, so we should begin to see more real estate sales activity in Stono Ferry.