Charleston is a Hot Market
Our Charleston economy is growing; in fact, a new federal report says that it’s booming! According the the headline story in today’s Post and Courier, the economic output has grown faster in the past five years than the rest of our state and the nation’s as a whole. Last year’s increase ranked our area in the top 20 percent of metro areas nationwide. Looking at metro areas with similar sized economies, the Charleston area’s growth rate ranked 22nd in the nation!These impressive numbers don’t even take into account the new Google data center coming to Berkeley County, the Vought-Alenia aircraft manufacturing facility in Charleston County, or increased production at armored vehicle maker Force Protection in Dorchester County. Our economy is becoming diversified, so in addition to tourism, our growth can be attributed to manufacturing, information and finance.
If you’re planning a move to the Charleston area, now is a great time to buy! As of today, there are over 10,000 homes on the market in the TriCounty area, with median prices around $285,000. Need help finding a home East of the Cooper? You can find numerous styles and price ranges in Mt. Pleasant and on our islands, Isle of Palms and Sullivan’s Island. I’d love to help you with your search! Call me directly at (843)324-3476 or visit www.LindaGordonOnline.com.
Linda Gordon, RSPS
Read the Full Story on the Economy in Today’s Post and Courier, article by Michael Buettner.
The thoughts on this website do not necessarily reflect those of Carolina One Real Estate.
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