For the second year in a row, real estate franchise Coldwell Banker has labeled Mount Pleasant the most expensive real estate market in South Carolina.
This ranking was challenged last year by some local agents who said it would be different if Coldwell Banker included some of the region’s smaller, well-heeled housing enclaves, such as Kiawah Island, Sullivan’s Island, where seven-figure sales are common.
Still, for what it’s worth, the 2013 Coldwell Banker Real Estate Home Listing Report marked Mount Pleasant the priciest area in the entire Palmetto State.
The findings were based on the average listing price of four-bedroom homes with two baths in more than 1,900 markets across the nation, including 34 in South Carolina.
The state’s top five priciest residential areas:
Mount Pleasant, $382,664;
North Myrtle Beach, $372,895;
Charleston, $276,000; and
Mount Pleasant may have ranked high on the state level, but the township paled in comparison to the million-dollar averages amid the top 25 list for the nation. That list spanned from Malibu, Calif., averaging $2.15 million, to the Boston suburb of Newton, Mass. at $912,745.
Coldwell Banker also ranked the most affordable housing markets in South Carolina. That segment was led by Hartsville, northwest of Florence in Darlington County, which averaged $153,822.
Few Lowcountry areas were included at the top of that list, except for the No. 17 Moncks Corner, at $191,984, and No. 19 Goose Creek, at $201,382.
The most affordable market nationwide was Cleveland, Ohio, at an average of $63,729. The report can be seen at hlr.coldwellbanker.com/SurveyStateList.html.
Eastwood Homes recently released its final phase in Myers Mill, a community a few miles west of downtown Summerville on Blair Road. Concepts include “The Augusta,” an open layout with 4 bedrooms, 2.5 baths, and entertainment space on the first and second floors. It starts at $187,990. Other plans start in the $150,000 range. Charlotte-based Eastwood also offers ranch-style homes, in addition to two- and three-story residences in Myers Mill.
Reach Tyrone Richardson at 937-5550 and follow him on Twitter @tyrichardsonPC