CLOSED SALES – There were1,229 closed sales in November of 2025, down-7.8% from November of 2024.
SALES PRICE – The median sales price closed out at $421,968 | up+0.6% year-over-year, and the average sales price for November 2025 was$665,985 | up+8.8%
PRICE PER SQFT – The average price per sqft for all residential property types was at $228 | up +3.2%
NEW WRITTEN SALES (Pending) – There were 1,286 new written sales in November 2025, up+4.0%
INVENTORY – Approximately 2,653 new listings (all property types) came online in November of 2025, which is up+4.4% with the average Days on Market at 52, up +8.3% and 3.5 months of inventory.
NEW CONSTRUCTION
- New homes represent 28% of closed sales, which is down approximately 26%
The Takeaway: Closed sales dipped slightly, but with mortgage rates easing, more buyers are jumping back in, as seen in the rise in loan applications and new sales contracts. New listings climbed about 4%, adding to inventory and lengthening days on market, though we’re still short of the supply needed for a balanced market.
OCTOBER MEDIAN SALES PRICE BY COUNTY:
Berkeley $380,000 | down-4.0%
Dorchester $385,000 | up+4.1%
Charleston $636,000 | down-2.2%
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Real Estate Matters in Charleston SC - Gena Glaze 