Neighborhood Guides
West Ashley Charleston Below The Crosstown Summerville
Wando Daniel Island Charleston Mount Pleasant
September is here!! Might finally get some nice nighttime temps. There’s always good jazz at the Forte Lounge downtown. Beer Fest coming in October. Just 2 September dates left for Homegrown on the Point. And just one date left for Music on the Green at Kiawah. The Southern Lit Spectacular in Summerville looks like a good time. And the Riviera Theatre is going through another revival with 4 major music acts this month. Don’t forget about the Riverdogs!!
Looking To Buy In The Summerville SC Area
September calendar of events around the Charleston, SC area:
1: Pink Floyd’s The Wall Screening, Chas Music Hall
2: Homegrown on the Point, Chas Harbor Resort and Marina
2: Music on the Green, Freshfields
3: Sip and Stroll, Drayton Hall
3: Tuffy Tiger, Flowertown Players Theatre Summerville
4: Southern Lit Spectacular, James Dean Theatre Summerville
9: Collective Soul and Switchfoot, Riviera Theatre
9: Built to Spill, Chas Music Hall
9: Homegrown on the Point, Chas Harbor Resort and Marina
10: Here Come the Mummies, Chas Music Hall
10: Meade Skelton, Chas City Market
10: Strawberry Chapel Tour, Drayton Hall
11: Second Sunday, King Street
15: Wine on the Piazza, Edmondston-Alston House
15: Pechakucha 40, Chas Music Hall
17: Cuban Carnival Featuring the Buena Vista Legacy Band, Chas Music Hall
17: Dancing on the Cooper, Mt Pleasant Pier
18: Sunday Garten Market with Live Music, Bay Street Biergarten
18: Matt Nathanson, Chas Music Hall
19: Father John Misty, Riviera Theater
23: Jimmie Vaughan, Riviera Theater
24: Getting Saucy BBQ Sauce Competition, Firefly Distillery
24: Pop-up Market, Firefly Distillery
24: Tobymac, Gaillard
24: Gov’t Mule, Chas Music Hall
25: Birds of Prey Photography Day, Center for Birds of Prey Awendaw
26: Andy McKee, Riviera Theatre
28: Earth, Wind & Fire, N Chas PAC
29: Gary Allan, N Chas PAC
30: War on Drugs, Live at Firefly Distillery
30: Sibling Rivalry, Chas Music Hall
A look at Charleston’s economy:
Real estate sales are slowing mostly due to the rise in mortgage rates. The Fed will likely raise rates by another 1% by the end of the year. In Charleston, we have seen active inventory rise from about 1000 active listings just a couple of months ago to about 2700 now. Our sales are good, but we are not keeping up with the records of the last couple of years. We are actually currently just below the 2015 pace. In terms of number of transactions, July 2022 was down 22% compared to July 2021. July 2022 was down 17.2% compared to June 2022. Median sales price, on the other hand is now $404k in Charleston. Last year at this time, it was $346k. But current buyers don’t have the privilege of buying with a 3% mortgage rate that was prevalent over the last couple of years.
Looking To Buy In The Summerville SC Area
Mt Pleasant continues to be one of the most popular areas in Charleston. The schools there seem to be preferred by home buyers. We break Mt P up into 2 sections based on their relative location to the IOP connector. The north side saw a 20% increase in median sales price year to date compared to the same 2021 time period. The south side saw a 30% increase in median sales price. Median sales prices in Mt P are in the $700k-$750k range. It’s generally more expensive on the south side, which is closer to downtown Charleston. Summerville also continues to be very popular. The schools there have always been popular with home buyers. But homes there are much more affordable than in Mt P and other locations much nearer to downtown Charleston. Median sales prices there are still below $400k. James and Johns Island continue to be popular due to their proximity to the beaches at Folly and Kiawah. Median sales prices there are about $500k. West Ashley’s central location in the Charleston area makes it the best place for some buyers. And of course, downtown Charleston home owners have the luxury of biking to a lot of wonderful events.
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