The Charleston region is enjoying a period of exciting economic growth and broad-based expansion, particularly in the construction, retail and professional/business services sectors. Inventory, however, has dipped below 5,000 homes at the close of the year, but it is not uncommon to see inventory decline during the holiday season. Year-to-date data shows that sales volume is 14% ahead of where it was last year, with 16,202 sales through the end of the year and the regional median price has increased by 6.5%, currently $229,000. 2014 saw 14,256 home sales at a median price of $215,000.
Charleston Area Market Statistics through January 2016