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TODAY'S HEADLINES  |  May 18, 2020

Residential real estate volume down 10% in April; prices up

Residential real estate sales volume in the Lowcountry were down approximately 10% year over year last month, according to preliminary data released by the Charleston Trident Association of Realtors. Last month, 1,441 homes were sold, at a median price of $290,000; year to date, 5,593 homes have been sold, at a median price of $289,900.

Cooper River Bridge Run canceled because of COVID-19

The bridge run, originally scheduled for April 4 and later rescheduled for Aug. 1, has been canceled because of concerns over COVID-19. This year would have been the 43rd annual running of the 10-kilometer foot race.

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CSU plans to resume in-person classes for fall semester

Charleston Southern University plans to resume in-person instruction for the fall semester with safety protocols implemented. The university has established a task force to develop its reopening plans, which will be aligned with Gov. Henry McMaster’s AccelerateSC task force and the Lowcountry’s One Region Reignite plan.

Hot Properties

Jordan M. Blanton of GCB Real Estate & Investments LLC represented the seller, Blanton Land Development Corp., in the sale of 6,240 square feet of industrial space at 7207 Cross County Road in North Charleston to ARC3 Gases for $855,000.

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