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In Isle of Palms, the real estate market in August 2023 demonstrated a robust year-over-year price increase of 26.7%, with homes selling at a median price of $1.6 million. Contrary to this rise in property value, the average time homes remain on the market has dramatically increased to 136 days, a significant extension from just 45 days the previous year. Additionally, sales volume has experienced a downturn; a total of 15 homes were sold in August this year, a decrease from the 24 homes sold in the same month last year.
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I know what it means to call the Lowcountry home. And it’s my mission to help you call it home too. It’s why we work so hard to make your real estate dreams come true. It’s why we build relationships, not databases. It’s why we treat everyone like a neighbor, because it’s our intention that one day you will be.