Although Charleston is overall the strongest sellers’ market we’ve probably seen in the history of our MLS, the individual Johns Island real estate market can be a tougher market for sellers. Right now, almost 70% of homes selling on Johns Island are new construction. This area has become a go-to suburb for buyers wanting newer homes priced especially under $500K within Charleston County since markets like James Island and Mount Pleasant have become so much more expensive. (Where else in the county can a buyer get a brand new house for under $270K?!)
The large selection of new construction homes on Johns Island is great for buyers, but it creates a tougher position for sellers of pre-owned homes to compete. Builders generally offer incentives
…