State of the Real Estate Market - West Ashley

Real estate market update for West Ashley

CLICK HERE FOR A LIST OF HOMES FOR SALE IN WEST ASHLEY

Hello everyone!
These are some market statistics for West Ashley.  The information is for the rolling 3 months prior to today.  Very interesting!  I have given some of my perspective at the end.  Please let me know if you have any questions.  Have a great day.
-joseph

Average Price trends for homes:


Number of homes for sale:




Number of homes sold:


Average days on the market for homes:




So what does this mean?  Well, as you can tell, prices are increasing at a pretty conservative rate..  What is interesting is that right now you would think the time it takes for homes to sell (days on the market) would be very low and decreasing.  That is not necessarily the case in all of the areas. This is an indication that the buyers are still being very picky and not just buying anything that goes on the market.  So homes that go up for sale need to be putting a lot of legwork into their marketing.

Please let me know if you have any questions or need anything from us!