Seabrook Island Q2 2024 Housing Market Report

The second quarter of 2024 marked the height of the spring selling season on Seabrook Island. Buyer demand remained strong across detached homes and villas, and land sales moved efficiently, with every parcel selling within the first 30 days.

For a deeper dive on Seabrook Island housing market data visit our Seabrook Island Market Reports hub.

View Market Reports

Q2 2024 Seabrook Island Market Overview

From April 1 through June 30, 2024, Seabrook Island experienced elevated transaction volume and steady pricing discipline—particularly in the detached home segment.

Q2 2024 Snapshot

All Property Types:

• Total Closed Transactions: 64

• Total Residential Closings: 59

  • 37 Single-Family Homes (Detached)

  • 22 Villas & Cottages (Single-Family Attached)

• Vacant Land Closings: 5

Total Sales Volume:

• Single-Family Homes Volume: $58,990,250

• Villas & Cottages Volume: $15,146,200

• Total Residential Volume: $74,136,450

• Vacant Land Volume: $1,590,000

• Total Q2 2024 Market Volume: $75,726,450

Residential Pricing Overview:

• Detached Median Sold Price: $1,245,000

• Attached Median Sold Price: $502,500

• Overall Residential Average Sold-to-List Ratio: Approximately 95 – 96%

• 67% of Detached Homes Sold Within 30 Days

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

Single-Family Homes (Detached) – Q2 2024

37 Closed Sales | $58,990,250 in Volume

Pricing:

• Average Sold Price: $1,594,331

• Median Sold Price: $1,245,000

• Price Range: $535,000 – $5,050,000

• Average Sold-to-List Ratio: 95.35%

Market Pace:

• Median Days on Market: 17 days

• Average Days on Market: 44 days

• 67% sold within 30 days

Detached homes led Q2 performance, with over two-thirds selling in the first 30 days. Pricing remained firm, with negotiation primarily appearing on listings that exceeded typical market time.

Villas & Cottages (Single-Family Attached) - Q2 2024

22 Closed Sales | $15,146,200 in Volume

Pricing:

• Average Sold Price: $688,463

• Median Sold Price: $502,500

• Price Range: $286,200 – $2,750,000

• Average Sold-to-List Ratio: 96.13%

Market Pace:

• Median Days on Market: 31.5 days

• Average Days on Market: 51 days

• 45% sold within 30 days

Villas and cottages continued to support steady mid-range activity, with nearly half selling within the first month when positioned correctly.

Vacant Land – Q2 2024

5 Closed Sales | $1,590,000 in Volume

Pricing:

• Average Sold Price: $318,000

• Median Sold Price: $330,000

• Price Range: $205,000 – $405,000

• Average Sold-to-List Ratio: 95.45%

Market Pace:

• Median Days on Market: 4 days

• 100% sold within 30 days

Land sales were exceptionally efficient in Q2, with every parcel selling within the first 30 days — reflecting strong demand for build-ready homesites.

Q2 2024 Takeaways

• The spring season drove strong transaction volume across homes, villas, and land.

• Detached homes generated the majority of the overall housing market volume.

• Two-thirds of single-family homes are sold within 30 days.

• Villas maintained stable mid-range performance and healthy absorption.

• Land inventory moved quickly, with all closings occurring within 30 days.

What This Meant for Buyers:

Competition remained strong for well-priced properties — especially detached homes. Buyers found the best opportunities on listings that extended beyond the first 30 – 60 days on market.

What This Meant for Sellers:

Q2 rewarded properties that launched with accurate pricing and strong presentation. The first 30 days remained critical for maximizing exposure and achieving the strongest sale-to-list results.

Q2 2024 – Bottom Line

The Seabrook Island housing market in Q2 2024 reflected peak-season demand, disciplined pricing, and efficient absorption across all property types. Detached homes drove the majority of volume, villas provided steady mid-range stability, and land sales demonstrated exceptionally strong buyer activity.

For more quarterly housing data, visit our Seabrook Island housing market trends hub.

Ready to take the next step? View all Seabrook Island homes for sale.