Charleston SC Real Estate Market Trends | Housing Sales Data in Charleston SC

Real Estate Sales Data and Trends Charleston SC

Fortunately, those of us here in Charleston SC were sheltered pretty well of the economic and specifically real estate Housing Stats in Charleston SCcrash of late. Throughout the real estate crash of 2007-2010 our property values were ranked in the top ten of most resilient in the nation. Charleston has been ranked one the best cities in the world and United States for so long there is no wonder why our housing market remains strong and stable. The primary communities of the Charleston metro area like Mount Pleasant, Downtown, Daniel Island, James Island, West Ashley, Folly Beach, Isle of Palms, Sullivan’s Island, and Kiawah regularly attract buyers from around the United States to enjoy the lifestyle that only a place like Charleston SC can provide. Recently, Kiawah Island was ranked at the #2 island in the world by Conde Nast travel magazine and #1 in the United States. The Graph below is ALWAYS CURRENT AND UP TO DATE. Bookmark this page and stay up to date with how the property market is performing in the Charleston SC area.

 

 

CHARLESTON, SC—(December 12, 2016) According to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR) 1,243 homes sold in November in the region at a median price of $243,000. In November 2015, 1,039 homes sold at a median price of $247,000.

Year-to-date figures show 16,216 homes sold at a median price of $240,000 in our area. Comparing year-to-date figures from 2015, sales volume has increased by 9% and buyers are paying 6.5% more for homes in the region than they did last year, which adds about $15-20,000 to the purchase price in the most active price ranges ($200-350k).

Inventory has remained consistently almost 20% lower than it was throughout 2015. There are 5,119 homes listed as “active” for sale in the Charleston Trident Multiple Listing Service (CTMLS) as of November 30.  That figure is not expected to vary much over the winter months.

Market Activity Snapshot
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Average Home Sales Prices Charleston SC

Mt PleasantJames IslandDaniel IslandWest AshleyDowntownFolly BeachIsle of PalmsSullivans IslandKiawah IslandJohn's Island

 

Average Price Per Sq Ft Sold Homes Charleston SC

Mt PleasantJames IslandDaniel IslandWest AshleyDowntownFolly BeachIsle of PalmsSullivans IslandKiawah IslandJohn's Island