During the last couple of months, the Mount Pleasant real estate market for single family homes has continued to show improvement in most price segments, particularly when we look at the trends in available inventory.  Based on the number of homes sold during the last 12 months and the current number of homes on the market, we currently have 5.7 months of available inventory in the Mount Pleasant single family home market.  This is down from 6.2 months of inventory in early November. (more…)

Another year has passed in the I’On real estate market and there is much to update you on as we move into the new year.  But before we talk too much about 2012, let’s review last year’s activity and make some comparisons to 2010 and prior years….. (more…)

The last 35 days have been very active for the I’On real estate market!  Since my last update on November 2nd, there have been 10 homes go under contract in I’On.  This is quite unusual for this time of year, but certainly a breath of fresh air for sellers!!  This activity has also resulted in inventory levels that are now at their lowest in several years.  More on that a little later in this post….

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A lot of homes are being sold in the Mount Pleasant real estate market, particularly those priced below $500,000.  Some neighborhoods have even seen increases in prices over 2010.  For example, the median price of homes sold in Park West this year is up 3% over 2010.  This is reflective of some stabilization in the market, particularly for homes priced below $500,000. (more…)

The I’On real estate market has been relatively stable this year compared to the same period in 2010.  Through October 31st, sales of I’On homes are down slightly from last year, but prices (in terms of selling price per square foot) are relatively stable compared to 2010:

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The I’On real estate market continues on a fairly steady pace this summer.  Since my last report to you on June 20th, there have been 3 additional I’On home sales:

• 19 Saturday Road – $1,050,000 – $230/square foot
• 71 Robert Mills Circle – $699,000 – $309/square/foot
• 50 Serendipity – $665,000 – $233/square foot

In addition, four more I’On homes have gone under contract since my last report. These homes have not yet closed, so the prices you see for each are the asking prices:

• 31 Mises Street – $409,900 – $332/square foot
• 54 Joggling Street – $419,000 – $255/square foot
• 195 Ionsborough – $549,000 – $297/square foot
• 12 LeeAnne Lane – $699,000 – $222/square foot

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School is out, vacations are starting, and the Mount Pleasant weather is heating up!  This usually translates into a slowdown in the I’On real estate market and this year is no exception….

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After a very slow start in the first quarter of  2011, the I’On real estate market has finally “come alive” this spring.  Since my last report in late March, there have been 12 additional homes sold in I’On, bringing the total to 19 I’On homes sold year-to-date.  We are still slightly behind the pace of sales we experienced in 2010, but there continues to be significantly more activity in the $1M+ price range than we have seen in quite some time….More on that later.  In addition, there are currently 14 I’On homes that are under contract, but not yet closed.

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The Brickyard real estate market has been fairly active in the first quarter of this year.  So far, there have been 9 homes sold in Brickyard in 2011.  The median price of these sales is $370,000 and the average selling price is $360,889.  Below is a list of these homes with their sales price, separated by subsection.  Three of these home sales were bank owned properties and they are noted below. (more…)

The 2011 I’On real estate market is off to a slower start than we experienced at the beginning of 2010.  So far this year, 7 I’On homes have sold at an average price per square foot of $227. Below is a list of these homes with their final selling price:

• 27 Hopetown Road – $1,290,000
• 218 N. Shelmore Blvd. – $1,210,000
• 39 Robert Mills Circle – $1,200,000
• 178 N. Shelmore Blvd. – $1,015,000
• 36 Montrose Road – $835,000
• 68 Sowell Street – $745,000
• 119 Civitas Street – $470,000

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