Category Archives: Real Estate (Market info)

This Category features Charleston area market data and information

10/19/2026 · 4:30 pm

Market Review – Charleston Area MLS -October 2026

YEAR-OVER-YEAR STATS (September 2026 Vs September 2025)

CLOSED SALES – There were 1.537 closed sales in September, UP- 10.5% from September of 2025.


SALES PRICE – The median sales price closed out at $425,000 UP +0.7% from September 2025. The average sales price for was $697,209

INVENTORY – Approximately 2,007 new listings (all property types) came online in September of 2026, which is DOWN -0.4%. The average Days on Market was at 55 (up 7.8% YOY), with 3.6 months of inventory

PRICE PER SQFT – The average price per sqft for all residential property types was at $303, UP +4.4%

NEW WRITTEN SALES (Pending) – There were 1,375 new written sales in September 2026, UP+6.0% This is an indicator of future closed sales.

New contracts, “Pending Sales,” are progressing steadily as new inventory is slowly added, keeping us below the 5-6 months of inventory needed to balance the market. Next month’s stats will reveal the impact of the recent rise in mortgage rates, and it will be interesting to see how this affects the market.

Luxury Market – Over $1,000,000
Homes over $1,000,000 had a strong performance with closed sales up 8% Year over Year.  This segment accounts for about 25% of the market and is concentrated mostly in the luxury areas of Mount Pleasant, Daniel Island, Downtown Charleston, and the surrounding barrier islands.

NEW CONSTRUCTION

New construction represented approximately 31% of all closings in MLS.

  • 21% of all closings in Charleston County are new construction
  • 19% of all closings in Dorchester County were new construction
  • 50% 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.

Gena Glaze

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10/16/2026 · 8:19 am

Data Centers and Real Estate – The Controversy

Because large tracts of land are harder to find, many data center developers are willing to pay a premium price to landowners which can boost local land values. However, home sellers near controversial data center sites may face buyer resistance over noise, water consumption and uncertainty of future land use.

Data centers are affecting property values and appraisals in different ways; some sellers worry about issues like noise, water use, and higher utility costs which can potentially negatively impact their property values, while others benefit from increasing land values due to strong investments in technology. This contrast shows the mixed effects of data centers on the real estate market, where some areas benefit economically while others can be negatively impacted. Public concern about data centers remains, suggesting the debate will continue.


There are approximately 48 data centers in S.C., with new proposed projects on the horizon

SEE DATA CENTER MAP for SC


Read More at Housing Wire

Gena Glaze

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09/29/2026 · 12:58 pm

Market Review – Charleston Area MLS -AUGUST 2026

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.

Gena Glaze

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07/04/2026 · 11:05 am

Market Review – Charleston Area MLS -JULY 2026

YEAR-OVER-YEAR STATS (June 2026 Vs June 2025)

CLOSED SALES – There were 1,920 closed sales in June, UP+13.2% from June of 2025.


SALES PRICE – The median sales price closed out at $460,000, UP +7.0% from June 2025, and the average sales price for June was $743,583 UP +18.7%

INVENTORY – Approximately 2,314 new listings (all property types) came online in June of 2026, which is UP +2.2%. The average Days on Market was at 21, year-over-year, with 3.4 months of inventory

PRICE PER SQFT – The average price per sqft for all residential property types was at $241, UP +4.3%

NEW WRITTEN SALES (Pending) – There were 1,870 new written sales in June 2026, UP +16.7% This is an indicator of future closed sales.

For the majority of the last three years, the Charleston market has seen median sale price fluctuate within a narrow range of $400k to $430k. There was a brief surge in April of this year when the median price reached $459k. This shift was short-lived and prices quickly reverted back toward to the established trend. However, we just hit another high in June of $460K. It remains to be seen whether this marks the beginning of a new trajectory or simply reflects seasonal volatility driven by inventory constraints. It seems

The summer market continues to be strong with a 16.7% (year-over-year) increase of new contracts being written – An indicator of future closed sales. Inventory is still below the ideal for a balanced market at 3.5 months. New listings have been steadily coming online but more inventory is needed to balance the market.

NEW CONSTRUCTION

New construction represented approximately 22% of all closings in MLS.

  • 12% of all closings in Charleston County are new construction
  • 26% of all closings in Dorchester County were new construction
  • 36% of all closings in Berkeley County were new construction

May MEDIAN SALES PRICE BY COUNTY:

Berkeley County  – $399,900

Dorchester County – $387,758

Charleston County – $668,250

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.

Gena Glaze

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06/26/2026 · 12:04 pm

Market Review – Charleston Area MLS -JUNE 2026

YEAR-OVER-YEAR STATS

CLOSED SALES – There were 1,881 closed sales in May, up +3.1% from May of 2025.


SALES PRICE – The median sales price closed out at $435,000 up +0.4% from May 2025, and the average sales price for May was $680,138

INVENTORY – Approximately 2,633 new listings (all property types) came online in May of 2026, which is up up +7.5%. The average Days on Market was at 48, year-over-year, with 3.6 months of inventory

PRICE PER SQFT – The average price per sqft for all residential property types was at $232 | down -1.3%

NEW WRITTEN SALES (Pending) – There were 1,921 new written sales in May 2026, up +15.2% This is an indicator of future closed sales.

For the majority of the last three years, the Charleston market has seen median sale price fluctuate within a narrow range of $400k to $430k. Although there was a brief surge in April of this year when the median price reached $459k, it has recently retreated to align more closely with established trends. The summer market continues to be strong with a 15.2% (year-over-year) increase of new contracts being written. Inventory is still below the ideal for a balanced market at 3.6 months, but new listings are steadily coming online and surpassing the monthly totals from a year ago. It will take some time to build the inventory levels.

NEW CONSTRUCTION

New construction represented approximately 26% of all closings in MLS.

  • 12% of all closings in Charleston County are new construction
  • 38% of all closings in Dorchester County were new construction
  • 37% of all closings in Berkeley County were new construction

May MEDIAN SALES PRICE BY COUNTY:

Berkeley County  – $414,250

Dorchester County – $399,900

Charleston County – $519,900

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.

Gena Glaze

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05/25/2026 · 9:22 am

ADU Guidelines and Fannie Mae Policy Updates 2026

Accessory dwelling units or ADUs — separate living units shared on a single-family lot separate from the main home— have gained in popularity. 

ADU’s create affordable housing opportunities and can increase property values. They can be a great source of rental income or serve as living quarters for adult children or extended family. They can also provide work-from-home space.

In 2026, both federal lending policy and state ADU laws saw major updates that expanded ADU eligibility, simplified permitting, and clarified income treatment for borrowers. Locally, many SC counties and municipalities revised ADU guidelines to address the demand for these housing units. 

In March, Fannie Mae released updated underwriting guidelines to allow for income from ADU’s to be counted toward qualifying income for principal residence purchases and refinances provided certain requirements are met.

If you are considering an ADU, check with your local governing body for updated guidelines. If you are in an HOA,  it is important to verify if ADUs are permitted and review any applicable restrictions or requirements.

Federal Lending Policy Changes (Fannie Mae, March 2026)

Fannie Mae’s Desktop Underwriter (DU) Version 12.1 update, effective March 21, 2026, aligns with Selling Guide announcements SEL‑2025‑08 and SEL‑2025‑10 Fannie Mae:

  • Rental income from ADUs can now count toward qualifying income for one‑unit, principal residence, purchase, and limited cash‑out refinance loans (including manufactured homes), provided certain requirements are met.
  • 30% cap on ADU rental income relative to total qualifying income is now enforced in underwriting.
  • HomeStyle Refresh and HomeStyle Renovation policies expanded, including removal of a $50,000 cap on manufactured home renovation costs.
  • Manufactured home eligibility expanded to include two‑ to four‑unit and multi‑story units.

Contact me for more information.

Gena Glaze

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05/02/2026 · 12:04 pm

Market Review – Charleston Area MLS -MAY 2026

YEAR OVER YEAR

CLOSED SALES – There were 1,491 closed sales in April of 2026, down -6.3 from April of 2025


SALES PRICE – The median sales price closed out at $435,000 down – 1.1% year-over-year, and the average sales price for April 2026 was $656,619.

The median sale price in the Charleston market surged to a record high in March, jumping to $459k. This is well outside the tight band between $400k and $430k where the median sales price had remained for past 3+ years. This surprise was just one month’s data; April’s median sales price of 435K was back closer to the trend.

PRICE PER SQFT – The average price per sqft for all residential property types was at $313 Up +2.3%

NEW WRITTEN SALES (Pending) – There were 5,732 new written sales in April 2026, up +13.7% This is an indicator of future closed sales.

INVENTORY – Approximately 7,650 new listings (all property types) came online in April of 2026, which is up 5.8%. The average Days on Market was at 55, up +5.8% with 3.4 months of inventory.

NEW CONSTRUCTION

New construction represented approximately 25% of all closings in MLS.

  • 18% of all closings in Charleston County are new construction
  • 19% of all closings in Dorchester County were new construction
  • 39% of all closings in Berkeley County were new construction

APRIL MEDIAN SALES PRICE BY COUNTY:

Berkeley County   $434,205 | up +8.4%

Dorchester County
$389,110 | Down-2.1%

Charleston County
$572,400 | Down -10.7%

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.

Gena Glaze

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04/05/2026 · 6:58 am

Market Review – Charleston Area MLS -APRIL 2026

YEAR OVER YEAR

CLOSED SALES – There were 1,572 closed sales in March of 2026, up 2% from March of 2025


SALES PRICE – The median sales price closed out at $459,250 Up 8.1% year-over-year, and the average sales price for March 2026 was $747,843

PRICE PER SQFT – The average price per sqft for all residential property types was at $330 Up +7.1%

NEW WRITTEN SALES (Pending) – There were 2,166 new written sales in March 2026, up +20.3% This is an indicator of future closed sales.

INVENTORY – Approximately 2,679 new listings (all property types) came online in March of 2026, which is up 8.5%. The average Days on Market was at 56, up + 7.7% with 3.3 months of inventory.

NEW CONSTRUCTION

New construction represented approximately 30% of all closings in MLS.

  • 18% of all closings in Charleston County are new construction
  • 31% of all closings in Dorchester County were new construction
  • 45% of all closings in Berkeley County were new construction

FEBRUARY MEDIAN SALES PRICE BY COUNTY:

Berkeley County  
$425,000- Up +9.7%

Dorchester County
$371,300 – Down -1.0%

Charleston County
$687,000 Up +5.7%

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.

Gena Glaze

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03/17/2026 · 4:01 pm

Market Review – Charleston Area MLS -March Update 2026

CLOSED SALES – There were1,213 closed sales in February of 2026, down 4.6% from February of 2025


SALES PRICE – The median sales price closed out at $415,000 down -0.8% year-over-year, and the average sales price for February 2026 was $655,150.

PRICE PER SQFT – The average price per sqft for all residential property types was at $301 | up +1.7%

NEW WRITTEN SALES (Pending) – There were 1,592 new written sales in February 2026, up +7.6% This is an indicator of future closed sales.

INVENTORY – Approximately 2,122 new listings (all property types) came online in February of 2026, which is down 0.2%. The average Days on Market was at 60, up +1.7% with 3.3 months of inventory.

NEW CONSTRUCTION

New construction represents 31% of all closings in MLS.

  • 18% of all closings in Charleston County are new construction
  • 24% of all closings in Dorchester County are new construction
  • 52% of all closings in Berkeley County are new construction

FEBRUARY MEDIAN SALES PRICE BY COUNTY:

Berkeley County  
$392,700 – Down -0.1%

Dorchester County
$363,208 – Up +0.9%

Charleston County
$606,250 Down -5.3%

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.

Gena Glaze

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03/01/2026 · 7:16 pm

Market Review – Charleston Area MLS -February Update 2026

CLOSED SALES – There were1,088 closed sales in January of 2026, up 3.2.% from January of 2025

SALES PRICE – The median sales price closed out at $417,422 up +0.3% year-over-year, and the average sales price for January 2026 was $707,670

PRICE PER SQFT – The average price per sqft for all residential property types was at $311 | up +4.7%

NEW WRITTEN SALES (Pending) – There were 1,536 new written sales in January 2026, up + 17.8% This is an indicator of future closed sales – a good start for 2026!

INVENTORY – Approximately 2,299 new listings (all property types) came online in January of 2026, which is upc+19.2% with the average Days on Market at 58, up +16% and 3.2 months of inventory.

NEW CONSTRUCTION

New construction represents 40% of all pending contracts in the MLS and new construction comprises about 34% of the closings.

  • 14% of all closings in Charleston County are new construction
  • 38% of all closings in Dorchester County are new construction
  • 53% of all closings in Berkeley County are new construction

JANUARY MEDIAN SALES PRICE BY COUNTY:

Berkeley County  
$395,000 – Up +1.5%

Dorchester County
$367,500 – Down -3.3%

Charleston County
$665,000 – Up +10.8%

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.

Gena Glaze

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