March is here and it has been about a year since all this mess began.  Hopefully, we are beginning to see the light at the end of the tunnel.  But many of our traditional spring events in the Low Country have been moved to the fall.  The Summerville Flowertown Festival has been moved to Oct 8-11.  The Volvo Women’s Tennis Tournament will be held in early April, but with no fans.  The Cooper River Bridge Run has moved to Sept 25.  The 74th Annual Festival of Homes and Gardens will be moved mostly to April and May.  The Charleston Food + Wine Festival has been cancelled.  The Holy City Farmer’s Market is every Wednesday 4-7pm at Holy City Brewing.  The Stingrays will be playing hockey at the North Charleston Coliseum on March 3,5,6,19,20,21.  The following events are scheduled for March, but always check before you go.
4: Virtual Waffle House Smackdown
5,6: Fleetwood Mac Tribute, Chas Music Hall
6: 2nd Annual Hope Lope 5k, Bohemian Bull
6: Where the Wild Things Run, Caw Caw Interpretive Center
7: Soling Fleet Points Race, Model Yacht Club James Island County Park
7: Comic Con, Crowne Plaza
12,13: Uptown Girl, Chas Music Hall
13: ArtFest, Mt P Towne Center
15: Need to Breath Annual Charity Golf Tournament, Daniel Island Club
20: 15th Water Mission Walk for Water, Riverfront Park
20: Grass in the Hall, Chas Music Hall
26: Big Band Legacy/Evolution by CJO, Firefly Distillery
27: Palmetto Swamp Fox Adventure Race, Francis Marion Forest
27: Woofstock, A Lowcountry Dog Music Festival, Hanahan Amphitheater
27: Pysanky Workshop, Redux Art Center
The Charleston Real Estate market is still surging forward after a recording setting 2020. January of 2020 was up 22.3% over January 2019 in terms of transactions.  It is hard to imagine how many homes we could sell if we had more inventory.  For the five years prior to 2020, we generally always had about 5,000 active listings to choose from on any given day.  That steadily decreased throughout 2020 due to the highest demand we have ever seen.  We currently only have about 1,650 active listings to choose from.  This of course has caused a feeding frenzy!  There are all kinds of stories out there about multiple offers on properties with the lowest one being substantially more than the list price. This is all of course due to the exceptionally low interest rates.  They should stay low unless the Fed senses that there is a chance for inflation due to the massive amount of money they are pumping into the economy.  We now have several areas of Charleston where the median sales price is well over $200 per sq ft.  And now word is that JetBlue will be bringing New Yorkers into Charleston every day beginning on July 1st.
As always, we are committed to providing our clients with an unparalleled level of service whether buying or selling a home. We strive to have our clients feel and experience our commitment to them while helping accomplish their real estate goals. That is truly what it is all about! Please let us know how we can help you!

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.