The quarterly statistics are in, and the overarching theme is a market in transition. While we have seen strong gains in a few sub-markets, overall the data suggests a flat or slightly lower trend in average sale prices market-wide. We have seen strong gains for many consecutive years and this normalization is consistent with historical cycles and reports from other markets across the country.
Despite a slowing market, our firm has had a stellar 2019 so far, exceeding revenue projections and placing our firm in the top 20 of all companies in the Charleston area based on sales volume. Our annual production is up 28% over last year and number of transactions up by 76% year over year. As our company passes the $100M sales benchmark in the next week, we continue to provide exceptional service across the board to all our buyer and seller clients. We appreciate your support as we enter the second half of another great year for our company.
