Local Market Update – June 2021
Local Market Update – June 2021
A Research Tool Provided by the Charleston Trident Association of REALTORS®
A Research Tool Provided by the Charleston Trident Association of REALTORS®
Downtown Charleston
Upper Charleston Peninsula
Area 51
Area 52 June
Single-Family Detached
Year to Date
June
Single-Family Detached
Year to Date
Key Metrics
2020
2021
Percent Change
2020
2021
Percent Change
Key Metrics
2020
2021
Percent Change
2020
2021
Percent Change
New Listings
58
41
- 29.3%
235
243
+ 3.4%
New Listings
30
20
- 33.3%
161
144
- 10.6%
Closed Sales
14
45
+ 221.4%
89
231
+ 159.6%
Closed Sales
29
32
+ 10.3%
100
154
+ 54.0%
Median Sales Price*
$683,750
$1,030,000
+ 50.6%
$880,000
$1,038,000
+ 18.0%
Median Sales Price*
$545,000
$575,000
+ 5.5%
$545,000
$588,000
+ 7.9%
Average Sales Price*
$1,038,593
$1,309,789
+ 26.1%
$1,125,767
$1,401,023
+ 24.5%
Average Sales Price*
$566,879
$587,625
+ 3.7%
$586,116
$596,778
+ 1.8%
90.1%
94.9%
+ 5.3%
89.7%
93.8%
+ 4.6%
Percent of Original List Price Received*
90.6%
99.5%
+ 9.8%
92.6%
96.0%
+ 3.7%
Days on Market Until Sale
130
77
- 40.8%
119
98
- 17.6%
Days on Market Until Sale
64
25
- 60.9%
63
68
+ 7.9%
Inventory of Homes for Sale
216
91
- 57.9%
--
--
--
Inventory of Homes for Sale
81
24
- 70.4%
--
--
--
Percent of Original List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Townhouse-Condo Attached
Townhouse-Condo Attached
June
Year to Date
June
Year to Date
Key Metrics
2020
2021
Percent Change
2020
2021
Percent Change
Key Metrics
2020
2021
Percent Change
2020
2021
Percent Change
New Listings
38
40
+ 5.3%
220
232
+ 5.5%
New Listings
5
6
+ 20.0%
17
23
+ 35.3%
Closed Sales
13
36
+ 176.9%
82
182
+ 122.0%
Closed Sales
2
5
+ 150.0%
12
14
+ 16.7%
Median Sales Price*
$683,500
$634,500
- 7.2%
$603,500
$644,500
+ 6.8%
Median Sales Price*
$437,500
$545,000
+ 24.6%
$301,250
$485,500
+ 61.2%
Average Sales Price*
$848,423
$750,722
- 11.5%
$915,191
$799,357
- 12.7%
Average Sales Price*
$437,500
$731,500
+ 67.2%
$393,792
$544,000
+ 38.1%
94.2%
95.8%
+ 1.7%
91.7%
93.5%
+ 2.0%
Percent of Original List Price Received*
95.2%
98.8%
+ 3.8%
95.6%
98.8%
+ 3.3%
Days on Market Until Sale
62
117
+ 88.7%
133
109
- 18.0%
Days on Market Until Sale
56
16
- 71.4%
61
26
- 57.4%
Inventory of Homes for Sale
206
113
- 45.1%
--
--
--
Inventory of Homes for Sale
13
7
- 46.2%
--
--
--
Percent of Original List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Historical Median Sales Price Single-Family Detached $1,400,000
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Historical Median Sales Price
Rolling 12-Month Calculation
Townhouse-Condo Attached All MLS — Downtown Charleston —
$1,200,000
Single-Family Detached All MLS — Downtown Charleston —
$700,000
$600,000
$600,000
Rolling 12-Month Calculation
Townhouse-Condo Attached All MLS — Upper Charleston Peninsula —
$500,000
$500,000 $400,000
$1,000,000
$500,000 $400,000
$800,000 $400,000
$300,000
$600,000
$300,000 $300,000
$400,000
1-2013
1-2015
1-2017
1-2019
1-2021
$100,000 1-2011
$200,000
$200,000
$200,000
$200,000 $0 1-2011
All MLS — Upper Charleston Peninsula —
1-2013
1-2015
1-2017
1-2019
1-2021
Current as of July 9, 2021. All data from the Charleston Trident Multiple Listing Service. | Sponsored by South Carolina REALTORS®. Report © 2021 ShowingTime. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.
$100,000 1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
$100,000 1-2011
1-2013
1-2015
1-2017
1-2019
1-2021
Current as of July 9, 2021. All data from the Charleston Trident Multiple Listing Service. | Sponsored by South Carolina REALTORS®. Report © 2021 ShowingTime. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.