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The William Means Report – March 2012

March was an extremely strong month for real estate sales and a banner month for William Means Real Estate.  In nearly every luxury category and location the month of March exceeded the previous month and year.  The real estate market continues to be strong as corrected pricing and low interest rates are meeting a large contingent of buyers.  William Means had one of the best sales months in the history of the company and we continue to have strong demand from buyers and sellers.

Tri-County over $500,000

The luxury market in general had a great increase with the average sale price up nearly 38%.  The total number of sales were up a whopping 126% from the previous month.

 

Downtown – Inside of Crosstown

Downtown had increase of total sales of 88% above the previous month.

 

Downtown – South of Broad

South of Broad also saw an increase of 75% in total sales.

 

I’On Village

I’On had a strong surge in nearly every category.  Sales of I’On homes were up 150% from the previous month and year.

 

Sullivan’s Island

 

 

Mt. Pleasant – South of IOP Connector

 

 


Posted by william means on April 16, 2012 – 8:56 am
Posted in Market Conditions
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