YEAR-OVER-YEAR STATS (July 2026 Vs July 2025)
CLOSED SALES – There were 1,716 closed sales in July, DOWN- 0.8% from July of 2025.
SALES PRICE – The median sales price closed out at $449,000 UP +4.4% from July 2025. The average sales price for July was $674,510
INVENTORY – Approximately 2,402 new listings (all property types) came online in July of 2026, which is UP +4.8%. The average Days on Market was at 47, with 3.7 months of inventory
PRICE PER SQFT – The average price per sqft for all residential property types was at $305, UP +5.5%
NEW WRITTEN SALES (Pending) – There were 1,652 new written sales in July 2026, UP +4%. This is an indicator of future closed sales.
New written contracts,”Pendings Sales” remain at a steady pace as new inventory continues to come online, but we are still below the 5-6 months of inventory needed to balance the market.
NEW CONSTRUCTION
New construction represented approximately 26% of all closings in MLS.
- 15% of all closings in Charleston County are new construction
- 29% of all closings in Dorchester County were new construction
- 39% of all closings in Berkeley County were new construction
May MEDIAN SALES PRICE BY COUNTY:
Berkeley County – $417,339
Dorchester County – $415,424
Charleston County – $520,708
Real Estate is Hyper Local. Market statistics vary by location, if you would like a detailed report of your neighborhood and home’s value, feel free to contact me.
Discover more from Real Estate Matters in Charleston SC - Gena Glaze
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