Mount Pleasant stayed on the quiet, buyer-friendly side through late summer. There were 39 homes for sale against just 6 sales in August, which works out to about six and a half months of supply, and homes took around 45 days to sell. Sales absorbed only about a third of the new listings that came on (a 35% sales-to-new-listings ratio), so buyers had room to work. The benchmark (typical) price is $775,100, still up about 2.4% from a year ago but easing gently from the spring, so the year-over-year gain is holding even as the market cools month to month.
The nuance from earlier in the year still holds, with a small shift worth noting: the detached (−0.8%) and semi-detached (−0.8%) benchmarks remain slightly lower than a year ago, so the community's year-over-year gain continues to be carried by its attached and higher-density homes rather than its single-family houses. Detached has firmed from the deeper dips seen in spring, but it is not yet the driver of the headline gain here, a useful distinction depending on which type of property you're buying or selling.
Worth knowing too: August was a genuinely thin month for sales, with just 6 homes changing hands, and the ones that did skewed to the high end. The month's median came in at $1,076,500 and the average at $1,336,833, both well above the $775,100 benchmark, which tells you a few larger detached sales dominated a light month rather than that values jumped. With sales counts this low, a single transaction swings the medians dramatically, so the benchmark and the year-to-date trend are by far the steadier guides.
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