If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition right now in the Charleston Real Estate market.
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.
As the map shows, buyer traffic in Charleston, SC is very strong, but seller traffic is low. With so few homes for sale right now, record-low inventory is creating a mismatch between supply and demand.
Sellers may not want to wait until spring to put their houses on the market. With such high buyer demand and such a low supply, now is the perfect time to sell a house on optimal terms!