February 2020 - News

February 2020 - News

  • IOP Residential Real Estate
  • 11/12/21


2019 was an incredible year for Charleston’s real estate market. We set a record for transactions by surpassing 2017. We had just under 18K transactions with a median sales price of $280K. That median sales price was also a record high for any year and a 3.3% increase over 2018. The median sales price of only single-family detached homes reached a record of $300K. Our sales prices are still below the trend line going back to 1991. That shows that we are still somewhat undervalued and still have room to appreciate. The Washington Post did a piece on Charleston called, Detours with the Locals. SC is 6th in population growth. About 89% of this growth came from folks moving here from other states rather than birth rate increases. Conde Nast’s Travel and Leisure Magazine ranked Charleston as one of the top 12 best places to be in winter. Realtor.com forecasted Columbia and Charleston to be 2 of the top 10 housing markets in the US for 2020. February is here with its colder temps and Southeastern Wildlife Expo(SEWE)! Of course, colder for Charleston means we might have 2 or 3 days where it doesn’t make it over 50.

February 2020 Calendar

Here is your calendar of events:

  • 1: 3rd Annual Pup Bowl, The Oaks
  • 1: Save the Light half marathon and 5K, Folly Beach
  • 7: Kathleen Madigan, Chas Music Hall
  • 8: Bacon and Bourbon, Chas Convention Center
  • 9: 6th Annual Coffee Fest, Lo-Fi Brewing
  • 9: Illuminate Charleston, N Chas Marriott
  • 9: 21st Chefs Fest, N Chas Conv Center
  • 13: Pints for Preservation, Home Team BBQ downtown
  • 14: Kansas, N Chas PAC
  • 14-16: SEWE
  • 15: Ellington at Newport, Chas Music Hall
  • 16: Bill Maher, N Chas PAC
  • 20: ArchiTALK, SC Society Hall
  • 21: Good Catch Oysterfest, Aquarium
  • 21: 31st Annual Chocolate Affair, Trident Tech
  • 22: Napoleon Dynamite, Chas Music Hall
  • 23: Lowcountry Irish Fest, Chas Music Hall
  • 27: Amy Grant, Chas Music Hall
  • 29: Jupiter Coyote, Chas Music Hall
  • 29: 16th Annual Mardi-Crawl on Leap Day, Shem Creek
  • 29: PBR Rodeo, N Chas Coliseum
Call Amy at (843) 824-4892 or email amy@iop-residential.com to start a discussion of your needs.

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