Is Charlestowne / South of Broad, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Charlestowne / South of Broad has remained a Seller's Market.
Key Takeaway
Charlestowne / South of Broad is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlestowne / South of Broad, SC
How much do homes in Charlestowne / South of Broad, SC cost?
Median Sold Price
$2,707,500
$965/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Charlestowne / South of Broad have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Charlestowne / South of Broad was $2,707,500 in May 2024, up 13.2% from last year, and the median price per square foot was $965.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $897.5K | $680K | -24.2% |
| 2 Bedrooms | $1.2M | $1.5M | +22.8% |
| 3 Bedrooms | $2.3M | $2.2M | -5.9% |
| 4 Bedrooms | $2.7M | $3.6M | +32.8% |
| 5+ Bedrooms | $4.7M | $3.7M | -21.0% |
Summary: Charlestowne / South of Broad housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.2%, 2 bedroom homes increased by 22.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes decreased by 21%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlestowne / South of Broad | $2.3M | $2.7M | +13.2% |
| The Peninsula | $826.6K | $922.4K | +11.6% |
| Harleston Village | $930K | $1.0M | +7.5% |
| French Quarter | $1.2M | $1.2M | 0.0% |
Housing Supply in Charlestowne / South of Broad, SC
How many homes are available in Charlestowne / South of Broad, SC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 46 | +15.0% |
Summary: The Charlestowne / South of Broad real estate market had 46 homes for sale in May 2024, a 15.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Charlestowne / South of Broad housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlestowne / South of Broad, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Charlestowne / South of Broad in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Charlestowne / South of Broad, SC
We’re sorry, we don't have information for this market at the moment
