CLOSED SALES – There were1,379 closed sales in October of 2025, up 0.9% from October of 2024.
SALES PRICE – The median sales price closed out at $425,885 | up+2.0% year-over-year, and the average sales price for October 2025 was$653,949 | up +1.3%
PRICE PER SQFT – The average price per sqft for all residential property types was at $292, down -3.3%
NEW WRITTEN SALES (Pending) – There were 1,580 new written sales in October 2025, up +2%
INVENTORY – Approximately 2,134 | listings (all property types) came online in October of 2025, which is up+8.5% and the average Days on Market was at 54, up +22.7% with 3.2 months of inventory.
NEW CONSTRUCTION
New homes represent 37% of closed sales
18% of all closings in Charleston County were new construction
35% of all closings in Dorchester County were new construction
53% of all closings in Berkeley County were new construction
CLOSED SALES – There were 1,381 closed sales in September of 2025, up 8.9% from September of 2024.
PRICE PER SQFT – The average price per sqft for all residential property types was at $296,up 0.7%
SALES PRICE – The median sales price closed out at $423,930 in September 2025, up+3.4% over September of 2024 and the average sales price for August 2025 was $$634,965 The median sales price is still holding steady. It has been in a tight band between 400k and 425K most of the last 3 years.
NEW WRITTEN SALES (Pending) – There were 1,355 new written sales in September 2025, up 0.8% versus September 2024.
INVENTORY – Approximately 2,016 new listings (all property types) came online in September of 2025, which is up 0.1% from September 2024 and the average Days on Market was at 52 (up 20.9%) with 3.7 months of inventory
NEW CONSTRUCTION
New homes represent 23% of the available inventory
18% of all closings in Charleston County were new construction
35% of all closings in Dorchester County were new construction
53% of all closings in Berkeley County were new construction
SALES PRICE – The median sales price closed out at $424,000 in August 2025, up+1.2% over August of 2024 and the average sales price for August 2025 was $678,987.
NEW WRITTEN SALES (Pending) – There were 1,568 new written sales in August 2025, up 11.9% versus August 2024. Approximately 480 of these sales were new construction, up+15.7%
CLOSED SALES – There were 1,547 closed sales in August of 2025, up 0.9% from August of 2024. New construction closed sales accounted for 28% of these sales, up +11.6%
INVENTORY – Approximately 2,164 new listings (all property types) came online in August of 2025, which is up +11.1% from August 2024 and the average Days on Market was at 52 (up 23.8%) with 4.1 months of inventory. 581 of August’s new listings were new construction, up 26.3% Previously owned homes (non-new construction) days on market was up+47.1%.
PRICE PER SQFT – The average price per sqft for all residential property types was at $230, up 3.6%.
SHOWINGS PER LISTING – 3.8 | down -7.3%
AUGUST STATS BY COUNTY:
Berkeley – The median sales price was $399,923 | up +0.2% The average sales price was $466,057 and the average days on market was 54. Closed sales (503) were up 0.6%, year over year, 45% of the closed sales were new construction (up 10%)
Charleston – The median sales price was $675,000 | up +12.5%. The average sales price was $1,031,255 and the average days on market was 49 | up+48.5%. Closed sales (652) | up +2.5% New Construction represented 12 % of these sales (up 65.2%).
Dorchester – The median sales price was $372,500 | up +0.5%. The average sales price was $385,433 and the average days on market was 41 | up +32.3%. Closed sales (317) were down -11.7%. New Construction represented 40% of the closed sales.
In January 2020, the median sales price in the Charleston MLS was $284,900. By May 2022, it had risen to $420,000. For most of the last three years, the median sales price has remained in a tight band between $400,000 and $425,000. The Charleston median sales price has now reached $430,000 and surpassed this trend.
Mortgage Rates The 30-year fixed mortgage interest rate was 3.5% in January 2020, making the median price of $284,900 very affordable. Mortgage rates went as low as 2.65% in January of 2021 and eventually peaked at approximately 7.79% in October 2023. These low rates spurred a frenzy of buying activity throughout the Pandemic years. Today, rates are hovering around 6.58% per Freddie Mac. Future rate predictions are mixed – only time can truly tell the trajectory. View rates at Freddie Mac
SALES PRICE – The median sales price closed out at $430,000 in July 2025, up +1.2% over July of 2024 and the average sales price for July 2025 was $620,556
NEW WRITTEN SALES (Pending) – There were 1,577 new written sales in July 2025, up 11% versus July 2024.
CLOSED SALES – There were 1,719 closed sales in July of 2025, up 7.4% from July of 2024.
INVENTORY – Approximately 2,290 new listings (all property types) came online in July 2025, which is up +5% from July 2024 and the average Days on Market was at 45 with 3.6 months of inventory (up 16%). 1712 of July’s new listings were existing homes (non-new construction) this category is at 3.9 months of inventory, up 30%
PRICE PER SQFT – The average price per sqft for all residential property types was at $289 but for resales (non-new construction) it was calculated at $311 / sqft. Despite a fairly stable Median Sale Price, this increase in price per sqft suggests consumers are getting a smaller house for the money (higher Sold $/sqft).
New Construction – New construction represents about 36% of the closings in MLS. In Berkeley County new construction represents 56% of all closed sales.
JULY STATS BY COUNTY:
Berkeley – The median sales price was $395,000 | down -0.3%. The average sales price was $500,965 and the average days on market was 45 | up +21.6%
Charleston – The median sales price was $623,225 | down -1.7%The average sales price was $870,712 and the average days on market was 39 | up +25.8%
Dorchester – The median sales price was $389,500 | up +2.3%. The average sales price was $417,491 and the average days on market was 42 | up +20%
JULY STATS – QUICK VIEW OF MUNICIPLAITIES:
Goose Creek– The median sales price was $314,900 | down -4.3% The average sales price was $317,088 |
Hanahan – The median sales price was $365,000 | down -1.3%, The average sales price was $431,131
Summerville – The median sales price was $399,990 | no change 0.0%, The average sales price $431,092
North Charleston – The median sales price was $346,450 | down -0.4% The average sales price was $392,508
Charleston / West Ashley – The median sales price was $585,000 | down -8.5% The average sales price was $875,381
Mount Pleasant -The median sales price was $955,000 | up +9.1%, The average sales price was $1,127,187
Daniel Island -The median sales price was $1,600,000 | up +7.4% The average sales price was $1,314,444
James Island The median sales price was $338,000 | down -47.6%, The average sales price was $338,000
Real Estate Matters in Charleston SC - Gena Glaze 