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 March 2023
At the same time last year, Charlestowne / South of Broad was a Seller's Market.
Key Takeaway
Charlestowne / South of Broad is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Charlestowne / South of Broad, SC
How much do homes in Charlestowne / South of Broad, SC cost?
Median Sold Price
$2,550,000
$954/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Charlestowne / South of Broad have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Charlestowne / South of Broad was $2,550,000 in March 2024, up 8.5% from last year, and the median price per square foot was $954.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $875K | $725K | -17.1% |
| 2 Bedrooms | $1.0M | $1.6M | +53.8% |
| 3 Bedrooms | $2.1M | $2.1M | +1.2% |
| 4 Bedrooms | $2.8M | $3.5M | +28.1% |
| 5+ Bedrooms | $3.4M | $4.2M | +23.2% |
Summary: Charlestowne / South of Broad housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 53.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 23.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlestowne / South of Broad | $2.3M | $2.5M | +8.5% |
| The Peninsula | $836.3K | $900K | +7.6% |
| Harleston Village | $1.0M | $927.5K | -8.6% |
Housing Supply in Charlestowne / South of Broad, SC
How many homes are available in Charlestowne / South of Broad, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Charlestowne / South of Broad real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Charlestowne / South of Broad housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlestowne / South of Broad, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Charlestowne / South of Broad in March 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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
