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
Covenants, Conditions, and Restrictions (CCRs) are legal documents in real estate, common in planned communities and subdivisions. These recorded rules govern land use and development, establishing a framework for how properties within a specific area can be utilized. CCRs maintain community standards and can help preserve property value to ensure individual property use aligns with the neighborhood’s collective vision.
“Covenants” are promises by property owners to perform or refrain from specific actions, such as maintaining a home’s exterior or adhering to landscaping guidelines. “Conditions” are requirements for property ownership, often relating to improvements or obtaining approval for changes. “Restrictions” impose limitations on property use, which might include prohibitions on commercial activities or specific vehicle parking.
Common CCR’s
CCRs include rules and regulations for community standards. Architectural guidelines cover things like exterior paint colors, fencing materials, and home additions. Landscaping rules focus on lawn care, tree removal, and approved plant types. Pet restrictions might limit the number, size, or breed of animals and often include waste disposal requirements.
Parking rules may govern where vehicles can be parked, prohibit oversized vehicles or limit street parking. Limitations on property use, such as commercial businesses from operating from a residence or restricting short-term rentals could also be included in CCR’s.
Establishment and Enforcement
CCRs come into existence through a formal process, typically initiated by the developer of a planned community or subdivision. These documents are legally recorded with the county recorder’s office, making them part of the public record and binding on all current and future property owners within that community. This recording ensures that the rules “run with the land,” meaning they apply to the property itself, regardless of who owns it.
The Homeowners Association (HOA) may play a central role in enforcing CCRs once the community is established. Enforcement mechanisms vary but commonly include issuing warnings for minor infractions. For continued non-compliance, HOAs can levy fines, which may be assessed periodically until the violation is resolved. In more serious cases, an HOA might place a lien on the property for unpaid fines or assessments. Legal action, such as a lawsuit to compel compliance or recover damages, is another enforcement tool available to some HOAs.
Some governing documents may have a provision to amend the CCR’s, such as a vote of the majority of the members, but rules can vary.
Prospective buyers should review a property’s CCRs to understand their rights and obligations.
For communities without an HOA, CCRs might still be recorded, enforcement may be handled by a local municipality.
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.
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 