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Charleston Housing Market Trends

Charleston Housing Market Trends and Forecast for 2024

The Charleston real estate market is known for its historic homes, stunning waterfront properties, and vibrant neighborhoods. Here are some key trends and insights for 2024:

  1. Buyer’s Market: As of February 2024, Charleston, SC emerges as a buyer’s market. This means that the supply of homes surpasses the demand, offering buyers a favorable landscape for exploration and negotiation.

  2. Median Listing and Sold Prices: The median listing home price in Charleston, SC stands at $689.9K, reflecting a significant 15.1% year-over-year increase. The median sold price for homes in Charleston is reported at $905K, highlighting the city’s allure for both buyers and sellers.

  3. Sale-to-List Price Ratio: Homes in Charleston, SC are selling for 1.47% below their asking price on average, maintaining a balanced environment for both buyers and sellers.

  4. Days on Market: Homes typically spend 31 days on the market before being sold, indicating a relatively swift turnover rate. The trend shows a promising trajectory, with a downward trend in median days on the market over time1.

Ways to Prep Your House for Sale, Including Pressure Washing

When preparing your house for sale, consider the following steps:

  1. Declutter and Depersonalize: Empty as much as you can out of the home. Pack away items you don’t need for everyday life. The less clutter, the better impression your home will make on potential buyers.

  2. Deep Clean: Ensure your home is spotless. If you don’t have time or dislike cleaning, consider hiring a professional cleaner. They can handle everything from floors to windows.

  3. Pressure Wash the Exterior: Don’t forget the exterior! Power wash your home’s exterior, including the roof. Mold growth can make the roof look old, but a good pressure washing can rejuvenate it2.

  4. Other Exterior Enhancements:

  • Clean rain gutters, outside windows, and screens.

  • Make sure the front door is inviting. Consider painting it if needed.

  • Replace outdated exterior lighting fixtures.

  • Invest in new house numbers that are visible from the curb.

Remember, first impressions matter when selling your home. A well-prepped house can attract more buyers and lead to better offers. Good luck with your home sale! 🏡🔑3.

If you have any specific questions or need further assistance, feel free to ask!

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