Mount Pleasant Magazine Jan/Feb 2021

170 www.ReadMPM.com | www.MountPleasantMagazine.com | www.VOICEofMPpodcast.com real estate 2 020 has been a year full of surprises, and one of the biggest positive surprises has been real estate. Some people might say the activity has been driven by the uncertainty caused by COVID-19. Others would say it’s because today’s gig economy workers use the homes as a headquarters, allowing them to live anywhere. We all know the saying, “location is everything,” and the Carolina coast is a desirable location in general, but Mount Pleasant and the surrounding islands means everything to a lot of people. The following information is an overview of home sales for 2020 throughout East Cooper. More information on 2020 homes sold can be found onTopTenHomesSold.com • North of the IOP connector, identified as North Mount Pleasant, there were 1,301 homes sold. Prices for these single-family home sales ranged from $147,000 to $3.2 million. 1 under $235,000. 93 over $1 million. Median $540,000, or $207 per square foot. • South of the IOP connector is considered South Mount Pleasant. There were 945 home sales, ranging from $265,000 to $5.5 million. 193 over $1 million. Median $635,000, or $271 per square foot. Only 41 homes below $190 per square foot. • Sullivan’s Island single-family home sales were 52 homes, from $1 million to $8.2 million. 30 over $2 million. Median $2.4 million, or $827 per square foot. • Isle of Palms single-family home sales were 161 homes, from $480,000 to $5.2 million. 22 below $700,000. 95 over $1 million. Median $1.24 million, or $478 per square foot. • Wild Dunes single-family homes sales were 123 homes, from $574,000 to $4.8 million. 15 below $750,000. 70 over $1 million. Median $1.1 million, or $411 per square foot. • Dewees Island home sales were 5 homes for $400,000, $510,000, $699,000, $805,000 and $2 million. • Awendaw single-family home sales were 46 homes, from $64,000 to $1.55 million. 2 under $200,000. 7 over $1 million. Median $527,000, or $235 per square foot. • In North Mount Pleasant, condo sales were 365 condos, from $120,000 to $615,000. 47 under $200,000. 15 over $500,000. Median $319,000, or $175 per square foot. • In South Mount Pleasant, condo sales included 414 condo homes, from $112,000 to $2 million. 54 below $200,000. 12 over $1 million. Median $250,000, or $208 per square foot. • Sullivan’s Island condo sales were 4 condo homes. IOP condo sales reached 19 condo homes, from $100,000 to $1 million. 1 below $300,000. Median $340,000, or $673 per square foot. There were also 125Wild Dunes condos sold, from $317,000 to $1.56 million. 19 over $1 million. Median $623,000, or $480 per square foot. 2020 Breaking Real Estate Records Listen to Voice for Mount Pleasant podcast at VOICEforMP.com/Mount-Pleasant-Real-Estate. We interviewed “The Stat Guy” (Doug Holmes), as he dives into the numbers of 2020. VOICE PODCAST FOR MOUNT PLEASANT By Mount Pleasant Magazine YOUR COMMUNITY, YOUR PODCAST Hear local real estate experts, builders, and mortgage professionals discuss market trends and more! www.VOICEforMP.com/RealEstate To be interviewed on this podcast or for sponsorship information email Listen@VOICEforMP.com