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SCSold.com Market Update – April

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April is here and spring has arrived!! The beloved Charleston Farmers Market will be back in Marion Square each Saturday starting on April 9.  The West Ashley Market will also be on Wednesdays starting on April 20.  The Sound of Charleston will bring beautiful Charleston music to the Circular Congregational Church each Wednesday for the next 8 weeks.  The Charleston Jazz festival is also hitting town with multiple events.  It’s time to get out and enjoy our great city.  Cooper River Bridge Run is April 2 and the Women’s Tennis Tournament is back and starts on April 2.  The Stingrays are finishing up the season with home games on April 1,6,8,9.

Looking To Buy In The Summerville SC Area


April calendar of events around the Charleston, SC area:

1-3: Charleston Spring Antiques Show
2: Isley Brothers, N Chas Coliseum
1: Gary Gulman, Chas Music Hall
1: Alva Anderson, Forte Jazz Lounge
2-10: Credit One Charleston Open Women’s Tennis Tournament
2: Cooper River Bridge Run
3: Birds of Prey Photo Day
3: Henry Rollins, Chas Music Hall
3: Firefly on the Bayou, Firefly Distillery
6:  Meet and Greet USS Yorktown Veterans
8: Comedy Showcase, James Island VFW
8: Bachelor Live, N Chas PAC
9: Lowcountry Cajun Festival, James Island County Park
9: Rodney Carrington, N Chas PAC
10: Lewis Black, Chas Music Hall
10: Spring Garden Tour, MUSC campus and Harleston Village
12: Women, Wealth, and Wine, Harbour Club
14: Paws on the Patio, Burton’s Grill
14: The Price is Right Live, N Chas PAC
16: Harlem Globetrotters, N Chas Coliseum
21-24: Charleston Jazz Festival
25: Lukas Nelson and the Promise of the Real, Chas Music Hall
25: The Piano Guys, Gaillard
26: Waitress Musical, Gaillard
27: Colin Hay, Chas Music Hall
28: Charleston Charm Car Show, Tanger Outlets
28: Goose, Firefly Distillery Field
29: Red, White, and Blue Jean Ball, Charlestowne Landing
29: Katt Williams, N Chas Coliseum
30: Pop Up Market, Firefly Distillery

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A look at Charleston’s economy:

The Charleston economy is doing great.  Breeze Airways announced they were adding flights from Charleston to San Francisco, Las Vegas, Syracuse, and Fort Myers.  Bintelli LLC announced they are expanding operations in Charleston County.  The manufacturer and distributor of mopeds, scooters, and electric vehicles will create 72 new jobs here.  A study says that SC ranked number 2 in US for inbound moves in 2021.  SC is 1 of 13 states with more people moving in than out. Kempton of Charleston, peninsular Charleston’s first new senior care facility in several years, is ready to take in residents near the city’s hospital district.  A new 250 unit apartment development is in the works for the Cainhoy area of Berkeley County off Clements Ferry Road near I-526.

Looking To Buy In The Summerville SC Area

Of course, our real estate market is doing fantastic.  2021 was a record year but 2022 sales are being slowed by even lower active inventory.  We ended 2021 with a 10.1% increase in transactions over the record set in 2020. But inventory continues to drop. We now have around 1000 active listings. That’s well less than 1 month of inventory.  It’s very difficult to keep up the sales numbers with inventory so low.  Potential home sellers are anxious about their ability to purchase a new home.  Of course, builders are having supply chain and labor issues.  This discussion is similar to most real estate markets around the US.  Through February, we are down 9.5% in terms of transactions compared to the same period in 2021.  February 2022 was down 14.9% in transactions compared to February 2021.  Median sales price is now at $375k and has risen 14% year to date compared with the same 2021 period.


If You’re Looking To Buy, Sell Or Invest In Real Estate,

Charleston-Mount Pleasant-Daniel Island-West Ashley-James Island-Isle of Palms-Sullivan’s Island 
Keller Williams Charleston/West Ashley 

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