“We’re getting a lot [of buyers] in their thirties looking to purchase $1.5m to $3m homes,” says Helen Geer of William Means Real Estate. “They come here for executive roles or they might have a tech company they can run from Charleston.”
According to Geer, the agency is receiving multiple offers on many of its properties. “The average listing is about 60 days – less than half of what is was in 2012 – and wait times on homes in the most sought after neighborhoods can be up to a year.”
“Developers are desperately seeking land throughout Charleston, but planning restrictions are directly at odds with development growth,” says Drew Grossklaus of
William Means.An influx of younger buyers and a booming economy are to be welcomed, but it seems Charleston is not yet ready to relinquish its grip on the past just yet.
