Happy New Year from Charleston, SC

12/31/2012

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I am very fortunate to live in the number 1 city in the world and enjoy sharing all the great reasons to choose Charleston.

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It has been a great year in Charleston and the real estate market is definitely showing it.

According to Charleston Trident M L S Association of Realtors 10,455 homes sold in 2012.
The is 1,128 more homes than 2011 and represents a 12% increase.
The growth has been seen across all price points.
The $700,000 - $799,000 had a 42% increase in sales from 2011.
Charleston county is the leader with sales growth increasing 20.5% and accounts for 5,400 of the total sales to date.
Dorchester county has seen a 7% increase in sales and Berkeley county a 4% increase. Prices are up in all three counties.
The majority of this growth occurred prior to word getting out that
Charleston is the number 1 Place in the World.

According to J.P. Morgan home prices could rise 9.7% in 2013.
Housing permits have soared to a 4 1/2 year high according to the National Association of Home Builders.
This is a gage for future construction and is very exciting news.

I am very excited for 2013.
The projections are positive in all areas of the housing business.

Happy New Year!
Jennifer

November
Market Update
# of Sales / Avg. Sales $

Downtown 31 / $714k

Inside Crosstown

Downtown 12 / $297k

Outside Crosstown

Sullivan              3 / $2m

Isle of Palms      4 / $524k

Wild Dunes        7 / $913k

Mt. Pleasant    67 / $335k
South of Connector

Mt. Pleasant    63 / $330k
North of Connector

Daniel Island   21 / $614k

Restaurant Week 2013

3 for $20.00
Basil
Five Loaves Cafe
Fuel
Fuji
J. Paulz
3 for $30.00
39 Rue de Jean
82 Queen
Graze
Poogan's Porch
Slightly North of Broad
3 for $40.00
Halls Chophouse
McCrady's Restaurant
Peninsula Grill
Sermit's
Trattoria Lucca

Click here for a complete list