November is here and fall is in the air in Charleston. The excitement is about to begin with a couple of big holidays coming in the next two months. The Coastal Carolina Fair continues through Nov 10th. It’s a great time of year to check out your local farmers markets. The Charleston farmers market is in action each Saturday from 8am-2pm in Marion Square. The Mt Pleasant farmers market is on Tuesday afternoon at Moultrie Middle School. The North Charleston Farmers market is held each Thursday at the Park Circle Pavilion. The Stingrays are back on the ice all month long! Here is your November calendar:
1: 53rd Charleston Scottish Games, Riverfront Park N Chas
2: Charleston Vegan Festival, Palmetto Islands County Park
2: 27th annual Charleston Symphony Tour of Homes, Kiawah
2: Harvest Festival, Johns Island County Park
2: Landon Talks, Queen St Playhouse
3: Chamber Music, Sottile Theatre
3: Oyster Roast Series, Firefly Distillery
7: Sarah Silverman, Chas Music Hall
8: Throwdown on the Yorktown College Wrestling, USS Yorktown
9: 11th Rockabillaque Charleston Festival, Commonhouse Aleworks
9: Bourbon and Bluegrass, Middleton Place
9: Colonial Trades and Harvest Day
9: Holy Smokes BBQ Festival, Riverfront Park N Chas
9: Mead-ival Festival, Bears Bluff Meadery
10: 2nd Sunday King Street
10: Blues Traveler, Chas Music Hall
10: 8th Annual Bar Brewgrass Festival, Firefly Distillery
10: An Evening with the ZD Experience Duo, Footlight Players
10: Steeplechase of Charleston, Stono Ferry
10: 10th Annual Lowcountry Nosh Jewish Food and Heritage Festival
11: Slowdive, The Refinery
11: Tuba Skinny, Kiawah West Beach Conference Center
12: Morgan Wade, Chas Music Hall
13,14: Holiday Festival of Lights Fun Run and Walk
15: Black Violin BV20 Then and Now, Gaillard Center
15: Pony Bradshaw, Riviera Theater
16: Fall Family Day, Middleton
16: YallFest, Chas Music Hall
17: 2nd Annual MashFest, Holy City Brewing
17: Marshall Tucker Band, Chas Music Hall
17: Andy and Friends Chamber Music Trio, Holy Spirit Catholic Church
17: Charleston Wing Fest, Hanahan Amphitheatre
18: Bruce Cockburn, Chas Music Hall
19: American Railroad Silkroad Ensemble with Rhiannon Giddens, Gaillard Center
19: Mannheim Steamroller Christmas, N Chas PAC
21,22,24: Charleston Basketball Classic, TD Arena CofCk
21: Disney Jr Live on Tour Let’s Play, N Chas PAC
22,24: La Boheme presented by Charleston Opera Theater, Sottile Theatre
22: Maggie Worsdale sings Cole Porter, Footlight Players
22: Blues is Alright Tour, N Chas Coliseum
23: 6th Annual Goose Creek Holiday Festival, Goose Creek
24: Tree Lighting Ceremony, Charleston Place Hotel
25: Thanksgiving Farmers Market, Freshfields Kiawah
28: 47th Annual Turkey Day Run and Gobble Wobble 5k, Marion Square
29: Tree Lighting Ceremony, Credit One Stadium
30: Candlelight Tour, Drayton Hall
30: Charton Singleton’s Holiday Spectacular, Chas Music Hall
Charleston real estate sales are about the same as they were last year. Higher mortgage rates are still having a big impact on the housing market, but the Fed cut rates by half of a percentage point in September. Through September 2024, we are down 0.6% in transactions versus the same period last year. Our median sales price is still strong with a 4% increase year over year. The Charleston area median sales price is now at $430k.
Meanwhile, the Charleston economy is booming. Google began work on two data center campuses in Dorchester County. The tech giant announced a $3.3B investment in South Carolina to expand its cloud and data center infrastructure. This should create 200 new jobs in Dorchester County and approximately 1,200 long-term construction jobs. South Carolina’s technology sector has resulted in a $51.7B economic impact on the state, according to the SC Competes 2024 SC Tech Economic Impact Study. The SC tech industry has grown at twice the rate of the overall economy in the last decade. 84 Lumber, included on Forbes’ list of America’s largest private companies, has selected Clarendon County to establish the company’s second component plant in SC. The $13.4M investment will create almost 100 new jobs. The SC DOT was approved for $195M in federal grant money from the US DOT to help fund the Long Point Road Interchange project in Mount Pleasant. The National Medal of Honor Center for Leadership has announced plans to build a $75M, 50,000-square-foot training center and immersive visitor experience at Patriots Point in Mt Pleasant. Smithey Ironware Co. is expanding its operations to Charleston County with a $3.1M investment, creating 16 new jobs.
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!
Charleston Housing Market Updates and Trends
