Johns Island Q2 2024 Real Estate Market Report

The second quarter of 2024 reflected a highly competitive spring market on Johns Island, with strong buyer demand, fast-moving listings, and pricing that remained firm across most property types. As seasonal momentum increased, more homes came to market—and buyers responded quickly.

Q2 2024 Johns Island Market Overview

From April 1 through June 30, 2024, Johns Island recorded 206 closed residential sales, marking one of the most active quarters of the year.

Q2 2024 Quick Market Stats (Johns Island)

• Closed Sales: 206

• Total Sales Volume: $153,652,417

• Average Sold Price: $745,885

• Median Sold Price: $599,495

• Average Days on Market: 20 days

• Median Days on Market: 5 days

• Average Sold-to-List Ratio: 98.88%

Source: Charleston Regional MLS. Information deemed reliable but not guaranteed.

Pricing Trends: Competitive Conditions Support Strong Values

Pricing remained very strong in Q2 2024, supported by seasonal demand and limited inventory.

• The median sold price of $599,495 highlights continued price stability in the core market.

• The average sold price of $745,885 reflects a mix of mid-range and higher-end sales.

• Homes sold at 98.88% of list price on average, showing that buyers were still willing to pay near the asking price for well-positioned properties.

These results indicate that Johns Island sellers who priced accurately continued to achieve excellent outcomes.

Market Pace: Homes Selling Extremely Fast

Speed of sale was a defining characteristic of Q2 2024:

• 66.5% of homes sold within 30 days (137 sales)

• 78% sold within 60 days

• Only 2.43% of homes exceeded 121 days on market

The median days on market of just 5 days underscores how quickly desirable homes moved—often within the first week of listing.

(See Days on Market distribution on page 2 of the MLS report.)

Buyer & Seller Takeaways - Johns Island Q2 2024

What This Means for Johns Island Buyers:

• Competition was strongest for homes priced correctly from the start.

• Many successful buyers acted quickly and decisively in the first days on the market.

• Negotiation opportunities were limited in the first 30 days but improved slightly on listings that lingered.

Buyer Strategy: Preparation mattered. Pre-approval, local knowledge, and quick response times were essential in Q2.

What This Means for Johns Island Sellers:

• Homes that hit the market at the right price often sold almost immediately.

• The first week of market exposure was critical.

• Overpricing still resulted in reduced leverage and longer market times.

Seller Strategy: Strong pricing, professional presentation, and strategic timing paid off during the spring surge.

Q2 2024 Johns Island Market - Bottom Line

The Johns Island real estate market in Q2 2024 was defined by speed, competition, and pricing strength. With over two-thirds of homes selling within 30 days and values holding firm, the quarter reinforced Johns Island’s position as one of the most desirable residential markets in the Charleston area.