October is here in the Low Country! We should see some signs of fall soon and maybe some lower temps. Boone Hall Fright Nights are a great way to celebrate Halloween. There will be lots of Oktoberfest celebrations at various breweries around town. The MOJA Festival is in town from the 1st through the 10th. We hope cooler weather will hit for a few days at least when the Coastal Carolina Fair kicks off on Oct 28th. The calendar actually seems overloaded with music events this month too! Here is your Charleston area October calendar of events:

1,2: 2021 Malibu Open Professional Waterski Event, Trophy Lakes Johns Island

1-10: MOJA Festival celebrates African and Caribbean arts and culture

1: Randy Rainbow, Chas Music Hall

2: 1st Annual Chucktoberfest, Bohemian Bull

2: City of Goose Creek’s Fall Festival

2: Folly Beach Market Hop

3: Beach Boys, Gaillard

7: Walker Hayes, Firefly Distillery

8: Alabama’s 50th Anniversary Tour, N Chas Coliseum

8-10: Summerville Family YMCA Flowertown Arts and Crafts Festival

8-10: Charleston Greek Festival, Greek Orthodox Church on Race Street

9: Oktoberfest at Bay Street Biergarten

9: Lowcountry Trail Half Marathon and 5k, Johns Island County Park

10: Latin American Festival, Wannamaker Park

14: Boz Scaggs, Chas Music Hall

15: Ravel’s Bolero by Charleston Symphony Orchestra, Gaillard

16: Chas Area Therapeutic Riding Fun Night, Johns Island

16: Cars on Kiawah 5th Annual Festival of Automobiles, Ocean Park Kiawah

16: James Island Connector Run/Walk

17: Needtobreathe, North Chas Coliseum

18: Putting for Parkinson’s Golf Tournament, Wescott

19: Pat Benatar, Gaillard

20: Melissa Etheridge, Chas Music Hall

20: Steely Dan, N Chas PAC

21: Marshall Tucker Band, Chas Music Hall

22,23: Theo Von, Gaillard

23: Stingrays Hockey, N Chas Coliseum

23: Groovin’ High-A Tribute to Dizzy Gillespie, Chas Music Hall

26: Million Dollar Quartet Broadway Musical, Gaillard

28: Porto Seguro-An Evening of Brazilian Music, Forte Lounge

28: Wine Women and Shoes, Gaillard

28-31: Disney on Ice, N Chas Coliseum

28-7: Coastal Carolina Fair, Ladson

While the Charleston real estate market continues it’s incredible run, we are beginning to have trouble keeping up with the sales from the record year of 2020. At midyear, sales were up 32% in transactions year to date over the same time last year. The second half of 2020 was spectacular and our current inventory will just not allow us to keep pace. Inventory of homes for sale in Charleston dropped from 5,000 active listings a couple of years ago to below 1,300 this summer. We are finally back up to almost 2,000. Ideally, we would need to have about 10k active listings to be in a balanced market based on our current rate of sales. The seller is still very much in command in our current market. The median sales price in Charleston is up 17% from this time last year and is currently right around $350k. For the first time, both zip codes in Mt Pleasant are showing median sales prices over $550k!

We are committed to providing our clients with an unparalleled level of service. We strive to have you feel and experience our commitment to you all while helping accomplish your real estate goals. That is truly what it is all about! Please reach out to us if you have any questions or if you are thinking of buying, investing or selling a home!

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.