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

You are invited to bring your four-legged friends to enjoy an exclusive yappy-hour on the patio at Burtons Grill + Bar to benefit Charleston Animal Society. For required reservations and more info visit, bit.ly/PawsOnThePatioChs.
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Dog Day Afternoon  |  Thursday & Friday, September 10th & 11th

It’s your dogs’ turn to cool off and have some fun in the sun. The dog days of summer are winding down, so don’t miss out on this Waterpark adventure! For tickets and more info visit, bit.ly/DogDayAfternoonCCPR.
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Bark in the Park  |  Saturday, September 17th

Is Bark in the Park on your calendar? If not, consider joining Lowcountry Dog Magazine and Charleston Parks Conservancy for a free event that features live music, food trucks, adoptable dogs, local vendors, a dog lure course, and more! For more info visit, bit.ly/BarkInTheParkChs.