North Charleston home prices hold steady, despite market downturn

The Post and Courier reported today that North Charleston is among the few areas in the Charleston region where home prices did not fall drastically between 2007 and 2008.  Unlike West Ashley, Mt. Pleasant, Summerville, and Goose Creek, North Charleston prices held fairly steady – in fact, the median prices went up:

“The one area that saw a significant double-digit uptick in its median home price last year was in North Charleston, inside U.S. Interstate 526, where prices jumped 32 percent to $156,250. That bump was likely tied to revitalization efforts, relatively modest prices and a centralized location, said Billy Simons of Trident Real Estate.

‘You’re 15 minutes away from anything,’ said Simons, who lives in Cameron Terrace. ‘People are realizing how convenient this location is.’ “

More happy news for North Charleston.  Congrats!

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