Quote:
Originally Posted by scbelle
Lots of people want property in Charleston proper or coastal areas, so the demand is very high. Prices range from the $700,000 upwards to multimillion dollar homes found in Isle of Palms or Kiawah... Summerville, which is about 20 minutes inland from Charleston has a depressed market right now, so you could probably find some great deals. I have found one myself that I'm looking into purchasing for retirement. I don't know about the specifics of the market for the coastal areas right now. I'm sure there is some demand, but I don't know if it's outpacing the supply right now or not, given the economy.
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Some places in Mount Pleasant can be just as high as Isle of Palms, Kiawah or Sullivans Island. It's not hard to find a home at $500,000. Summerville is growing so fast Dorchester County is trying to put a six-month halt on new homes built. You may also want to try Johns Island (part of it is in the City of Charleston) or West Ashley (which is in Charleston).
The housing market is slowing down her, but hasn't been as bad as some other places across the country.