Charleston Real Estate Market Statistics and What You Need to Know


Up-to-Date Charleston Real Estate Market Statistics

Numbers don’t lie, so when it comes to buying or selling property in the South Carolina Lowcountry, let these Charleston real estate market statistics guide you. By studying market trends, you can feel confident in making an informed decision before buying or selling. While the statistics below help to forecast Charleston’s market, keep in mind that the numbers fluctuate daily and are sometimes unpredictable, especially in 2020’s economy!

For the most current information on  Charleston, Kiawah Island, and Seabrook Island‘s real estate trends, contact our team at Pam Harrington Exclusives. Whether you are looking to move to sunny Charleston and on the hunt for your coastal dream home, or you’re planning to sell and move on to something new, Pam Harrington Exclusives has a team of experts to assist you.

Connect with one of our real estate agents today for access to the Charleston MLS, where you’ll find concise monthly data on housing inventory, median home listing prices, closings, and more. Or, get started on your house hunting and see our active listings.

 

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Overview of the Cost of Housing

When it comes to assessing the typical cost of housing in the tri-county area, it is more helpful to take into account the median sales price vs. the average. In recent years, increases in luxury property sales have been significant outliers in the overall data set.

In 2019, the median sales price for a home in Charleston County went up by 3.9% compared to 2018, and townhouse-condo prices went up by 7.5%. For historical comparison, the median overall sales price in 2019 was about $277,500.

Historic Median Sales Price Statistics

View historic trends for sales prices of single-family homes and townhouse-condos in some of Charleston’s most desired communities below. You can also navigate to active listings by clicking on your preferred neighborhood.

September 2020 Median Year-to-Date

2019 Median Sales Prices and Comparisons

Note: Percentages above are rounded to the nearest tenth.

Get Charleston’s Newest Listings Delivered to Your Inbox

Now that you know the basics of Charleston’s real estate market statistics, it’s time to explore the housing market!

For access to the most up-to-date listings and real estate trends, remember to contact our agents for local guidance and access to the Charleston MLS database.

If you aren’t quite ready to connect with an agent, you can still stay in the know with our Charleston real estate listing alerts. Submit your criteria, including desired location, budget, and community amenities, and we will notify you when we find a listing that matches your needs.
 

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If you have any additional questions, don’t hesitate to ask. We welcome your phone call, email, or visit. Most of all, we welcome you and your family to Kiawah and Seabrook Island!