Is Daniel Island, 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, Daniel Island was a Seller's Market.
Key Takeaway
Daniel Island is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Daniel Island, SC
How much do homes in Daniel Island, SC cost?
Median Sold Price
$1,350,000
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Daniel Island have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Daniel Island was $1,350,000 in March 2024, up 6.5% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $296.7K | $347K | +16.9% |
| 2 Bedrooms | $424.5K | $569.5K | +34.2% |
| 3 Bedrooms | $900K | $915K | +1.7% |
| 4 Bedrooms | $1.6M | $1.6M | -2.0% |
| 5+ Bedrooms | $2.1M | $2.3M | +11.7% |
Summary: Daniel Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Berkeley | $708.5K | $838.4K | +18.3% |
| Daniel Island | $1.2M | $1.3M | +6.5% |
Housing Supply in Daniel Island, SC
How many homes are available in Daniel Island, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 103 | 121 | +17.5% |
Summary: The Daniel Island real estate market had 121 homes for sale in March 2024, a 17.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 36 | 38 | +5.6% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 13 | 20 | +53.8% |
| 5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The Daniel Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Daniel Island, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Daniel Island in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.
Days on Market for Daniel Island, SC
We’re sorry, we don't have information for this market at the moment
