July 2013

Moultrie Park is a new neighborhood in the Mount Pleasant real estate market being built by Dobson Homes, LLC. It is a smaller subdivision with a lowcountry feel located off Hamlin Road, across from Brickyard Plantation on Highway 17. The home designs are medium sized and very upgraded for the Mount Pleasant area. These single family home designs range from 1,580 to 1,912 square feet. They include 3 bedroom / 2.5 bathroom plans and 4 bedroom / 2.5 bath plans. Home pricing in Moultrie Park ranges from about $350K to about $420K. There are many amenities located just outside the neighborhood such as the Mount Pleasant Towne Centre which is only a quick 2 minute drive. There is also Boone Hall Plantation which hosts a variety of community events and

I’ve included below some quick MLS statistics on the top 8 areas in the Charleston real estate market. I’ve ranked these according to absorption rate. For example, Mt. Pleasant has the strongest sellers’ market right now since it has only 3.3 months of inventory. If no new homes were to be listed for sale, it would take only 3.3 months to sell its current inventory at the rate that homes are being purchased right now. Having 6 months of inventory is a balanced market – less than 6 is a sellers’ market, and more than 6 is a buyers’ market.

• Mt Pleasant real estate: 3.3 months of inventory; median sales price of $321,775; has had 1,124 homes close from January to June of this year (stats include houses, townhouses, and condos)
• West Ashley real

Summer is warming up and so is the water! It’s the perfect time to experience the waterways of Charleston. For more details and options, check out the Charleston City Paper:

• Charleston Rowing Club: On Saturdays and Sundays starting at 8 AM, you can learn how to row on Horlbeck Creek. This is just one of many offerings this summer located at the Palmetto Island County Park in Mount Pleasant.
• Sailing classes: On Mondays and Saturdays, the Ocean Sailing Academy offers classes for beginners and more experienced boaters. Located at 24 Patriots Point Road in Mount Pleasant.
• Folly Creek Sunset Tours: You’ll find plenty of dates from July until November for these kayak tours that take place on Saturday and Sunday evenings. These are scheduled at