Charleston Market Stats Through July 2022
“The U.S. housing market has continued to cool, as rising mortgage rates and record- high sales prices have stifled affordability…As more and more prospective buyers find their home purchase plans delayed, many are turning to the rental market, where competition has intensified due to increased demand…But there is a bright spot. Inventory of existing homes has continued to climb this summer, with 1.26 million homes available at the beginning of July, equivalent to a 3 months’ supply. And despite the summer slowdown, homes are still selling quickly, with the typical home staying on market an average of 14 days.”
~ Charleston Trident Association of REALTORS® (CTAR)
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Closed Sales
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Median Sales Price
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Months Supply
Check out the stats for specific areas by clicking the links below:
Trending This Month
3667 Spindrift Drive, Mount Pleasant
3 Beds | 2.5 Baths | 2459 Sq Ft
Offered for $1,100,000
145 Pier View Street 208, Daniel Island
2 Beds | 2 Baths | 1190 Sq Ft
Offered for $449,900
52 Seagrass Lane, Wild Dunes
4 Beds | 3 Baths | 2816 Sq Ft
Offered for $1,975,000
301 Sunnyside Way, Summerville
3 Beds | 2.5 Baths | 1434 Sq Ft
Offered for $269,000
4019 Cascades Thrust, Summerville
6 Beds | 4 Baths | 3640 Sq Ft
Offered for $755,000
320 Pelican Flight Drive, Dewees Island
4 Beds | 3.5 Baths | 2530 Sq Ft
Offered for $1,749,000
Featured Listing
3011 Hidden Oak Drive, Seabrook Island
4 Bedrooms, 3.5 Full Baths, 3550 Sq Ft | Offered for $1,375,000
Ideally situated on the 17th hole of Crooked Oaks golf course, this light, bright, and welcoming home is offered mostly furnished and checks all the boxes! Features include an open floor plan with high ceilings, hardwood floors, and a spacious screened-in porch. Stroll to the Club, driving range, coffee shop, beachfront pools and dining, or take a quick 5-minute walk to the beach. This home has the potential to be a six-figure rental investment while also a destination to create lasting family memories. This is a tremendous value for its size & proximity to the beach. For more information visit bit.ly/3011HiddenOakDrive.
In the News
Charleston Coast Vacations
Did the summer pass too quickly? Warm weather, warm water, and salty air are what’s in store this September on Charleston’s Coast. Soak up the sun, explore the local streets, and experience the best of Charleston’s beaches. BONUS: We still have Labor Day openings!
Upcoming Events
Paws On The Patio | Thursday, September 8th
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Dog Day Afternoon | Thursday & Friday, September 10th & 11th
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