Quarterly Market Recap June 2014

Dated: June 18 2024

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Welcome!

I'm thrilled to introduce you to the very first edition of our quarterly e-blast. My goal for this e-blast is to keep in touch with the people who have made me successful! I am so grateful for all of your support over the years, and hopefully, you find this is a great way to keep in touch with me & get some insight into what is going on in the market and in the Charleston community!

2024 Market Updates

Industry Updates: Who doesn’t love a good market trend? Stay savvy with the latest buzz in the real estate world. Neighborhood Favorites: From the best coffee that’ll jumpstart your day to local spots that’ll make you go, “Why didn’t I find this place sooner?” #HAVEYOUSEENANDREW: Updates, insights, and a little bit of Leroy! All about the most recent updates and homes bought and sold!

Neighborhood Highlight: Johns Island

Let’s chat about our first neighborhood highlight, Johns Island! Johns Island, South Carolina, offers a unique blend of serene natural beauty and modern convenience, making it a prime destination for homebuyers seeking tranquility without sacrificing amenities. As the largest island in the state, it boasts sprawling oak trees, scenic waterways, and abundant wildlife, perfect for those who love outdoor activities and picturesque landscapes. With its strong sense of community and ongoing growth, Johns Island is an ideal place to invest in a home and a future. Check out two of our favorite local businesses below! Johns Island has a growing food scene and is always a great place to find yourself when stopping for lunch or grabbing some locally sourced provisions to take home!

2024 Market Quick Facts!

Since May 2023, the Charleston market has been a Seller’s market, meaning the demand for houses outweighs the supply. This is a great time to sell your home! The median home price in the Charleston area is currently $549,996. Homes in Charleston have sold for 10.2% more than they did a year ago. A key factor in Market dynamics is the sale-to-list price ratio, which currently sits at 98.53%. This figure indicates that, on average, homes in Charleston, SC are selling for 1.47% below their asking price, even with the asking price being significantly higher than one year ago!

#HAVEYOUSEENANDREW

We have been at the closing table! We've had a fantastic month with lots of successful closings! Your trust and cooperation have made this all possible, and I truly appreciate it. Each closing represents a fresh start for everyone involved and highlights our strong teamwork. Thanks so much for your continued support. Here's to many more successes ahead!

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Andrew Scherl

Andrew Scherl is an EXP Icon agent, award-winning Realtor of Distinction and 18 of the Top 20 Social Media Real Estate Agents. Charleston House Now is powered by eXp Realty. Charleston SC, known by lo....

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