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SCSold Market Update – January

Flanagan Home Team LLC

Neighborhood Guides
West Ashley     Charleston Below The Crosstown      Summerville     
Wando      Daniel Island      Charleston       Mount Pleasant

2022 is here!!  Get the New Year started right with some collards and hoppin’ john after you view the Folly Beach Flip Flop Drop at midnight and the Bill Murray Look-Alike Polar Bear Plunge on Jan 1. The Stingrays Hockey Team will be at the N Chas Coliseum on Jan 2,14,15,23.  And the Holiday Light Spectacular at the Aquarium is on thru Jan 2.  May as well get a yearly pass while you’re there.

Looking To Buy In The Summerville SC Area

Here’s your January calendar of events around the Charleston, SC area:

1: Bill Murray Look-Alike Polar Bear Plunge, Folly Beach
7: New York Bee Gees Tribute Band, N Chas PAC
7: Fleetwood Mac Tribute Band, Chas Music Hall
8: Oysters on the Point, Charleston  Harbor Resort, and Marina
8,9: 30th Anniversary Monster Truck Jam, N Chas Coliseum
9: Chamber Music Charleston Ovation Series, Dockstreet Theatre
13: Menopause the Musical, Gaillard
13-15: 6th Annual Black Ink-A Charleston African American Book Festival, Virtual
13-23: Charleston Restaurant Week
15: Snowboard Rail Jam, Mex 1 Coastal Cantina West Ashley
15: Charleston Marathon, Begins at Burke High School
15,16: Repticon Expo, Ladson Fairgrounds
16: Michael Bolton, Gaillard
19: Awendaw Green Barn Jam Series
20: Little Feat, Chas Music Hall
22: Carpenters Remembered, N Chas PAC
22: Dog Man The Musical, Gaillard
23: Comedian Ginger Billy, Chas Music Hall
26: Tig Notaro, Chas Music Hall
27: Palli O’Furniture Drag Spectacular, Chas Music Hall
28: Zoso Led Zeppelin Experience, Chas Music Hall
29: Ashley McBryde, Chas Music Hall
30: Dinosaur World Live, Gaillard

Search For Mount Pleasant SC Homes For Sale

Here’s a look at Charleston’s economy 2021 (unemployment is just 4%):

  • 2021 kicked off with Mainstream Pine Product, LLC’s plans to build an estimated $90 million crude tall oil biorefinery at the Charleston International Manufacturing Center (CMIC) in Berkeley County. 
  • Charleston | SC’s Life Sciences and IT sectors continue to thrive, and international companies are taking notice. Evolt, a digital body composition analytic company headquartered in Australia, chose North Charleston for its North American operations.
  • Health information tech company XIFIN chose Berkeley County to establish its East Coast operations, creating 150 new jobs in the next two years.
  • The Charleston Tech Center opened the Flagship in 2021, offering a “vibrant, energetic, and flexible” workspace to support Charleston’s growing tech community.
  • South Carolina’s fastest-growing industry is Life Sciences. In 2021, the momentum of this sector continued to build with Governor Henry McMaster’s initiative to expand recruitment of pharmaceutical companies and SCBIO announcing a new CEO to lead economic development efforts.
  • Charleston International Airport is “beating its best year ever” with record travel coming through CHS regularly. It has also added 16 new domestic flights since January 2021.
  • TELUS International, a customer experience innovator that designs, builds, and delivers digital solutions for global brands, chose Charleston County for its new operations. The $3.4 million initial investment will create approximately 1,200 new jobs by 2022.

Looking To Buy In The Summerville SC Area

Supply issues in the real estate industry are still a major concern.  We had 5000 active listings on our MLS very consistently from 2015-2019.  We saw this dip down to about 1300 during the worst of the pandemic in 2020.  We went back up to about 2000 in 2021, but are now back down under 1400.  Charleston ended November with an 11.7% gain in transactions year to date versus the same 2020 period.  And the median sales price has risen a robust 15.7% to over $352k.  That’s a lot of rising in price in one year.  These types of numbers are being seen all across the nation as well. 

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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