Thinking of selling your home?
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The Mt. Pleasant Market... today. 

Welcome news for Buyers.  This Spring saw a big increase in new inventory across Mount Pleasant with pending sales lagging behind years' past.

 Is this a sign of the market losing steam or just  your typical seasonal trends?  We're seeing new listings coming online at a greater volume than closings taking homes off the market. The months supply of homes (Inventory) is now over 4 months, the highest it's been in over 5 years. Keep in mind though, we're still well below the industry standard of 6 months for a balanced market. 

Be ready to act!  If the trend of new listings outpacing closings continue, you might expect prices to cool a bit. However, pending sales for April are 10% higher than this time last year and prices are still rising more than 5%. Regardless if you're a Buyer or a Seller, be prepared to act quickly and assertively because things are moving quickly. 

341

New Listings

↓  0.3%  m-m

$474,000

Med. Sale Price

↑ 5.3 % y-y

230

Sold Listings

↓ 0.9% m-m

59

Days on Market

↓ 3.3% y-y

What's My Home Worth Now?

The market is constantly changing based on available inventory, recent sales, interest rates, time of year and many other factors.

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