The South of Broad neighborhood in downtown Charleston had a banner year in 2014. The total amount of sales came in at just over $179 million dollars. That number is over a 20% increase from 2013 and a whopping 79% increase above 2012. The good news continued as the median sales price for homes South of Broad saw an increase of 17.5%. That means more homes were selling for even more money in 2014. Another interesting point is that with sales increasing the number of listings coming on the market was at a slow pace. This shows increased demand with limited inventory.
William Means assisted South of Broad buyers and sellers in over $44 million dollars of transactions with an average sale price of $2,008,806. If you would like to find out how a William Means agent could help you buy or sell a home in the historic South of Broad area, please call or e-mail us.
