Mount Pleasant Real Estate Market Slumps to Home Sales Low Point

Sales in the Mount Pleasant market hit their lowest level since April. For the prior 30-day period, there were four homes sold, a drop of 42.9%. The market has been in a downward trend for six weeks. When comparing other close-by neighborhoods within the same period, the most came from the Catholic University-Brookland neighborhood with 44 sales. As sales reached a new bottom, months of inventory rose, trending up for four weeks to three months. With inventory so low in Mount Pleasant, it's still a seller's market, despite the shrinking sales numbers.

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$219K   $339K   $559K  

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Demographic facts about Mount Pleasant:

  • This area has a population growth rating of 54. (Scale: 1 = Worst, 100 = Best)
  • This area has 704.6 physicians per 100,000 people.
  • The health cost index score in this area is 99.7. (100 = national average)
  • The breakdown of residents commuting to work is 26.0% by car, 5.6% by carpool, and 46.9% by public transit.

Data reported through 10/19/2016

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Ask a local expert about this area:
Keller Williams Capital Properties
47 reviews
Long & Foster Real Estate, Inc.
Snapped 1 home in this area
Snapped 1 home in this area

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