November is here and the fall weather is wonderful in Charleston! November is the month for voting and Thanksgiving, but there are a few other events around the Low Country too. Here is your November calendar of events:
27,28: Drivin’ and Cryin’, Chas Music Hall
Real estate has been “crazy good” during the pandemic. You can usually now get a fixed loan for under 3%! The Charleston housing market has been incredible this year. Through September, we are up 10% in transactions over the same 2019 period (2019 was the busiest year ever in Charleston real estate history). Median sales price is up 6.1% over the same period. The median sales price for our area is now $300k. The Summerville and Goose Creek areas are booming with sales due to affordability. The Mt Pleasant area is expensive but also extremely popular due to their sought-after schools and proximity to some of the beaches and downtown. James Island is also immensely popular and expensive for some of the same reasons. One of the most interesting things we have seen this year in Charleston is the rise in the number of $1M+ home sales. In July, August, and September of 2019, we had just under 60 homes closed for over $1M each month. In each of those months in 2020, we saw over 130 closed sales for over $1M! We suspect that a lot of people from NY and NJ have decided to get out of the big cities.
This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.
