Is West Ashley, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, West Ashley has remained a Seller's Market.
Housing Prices in West Ashley, SC
How much do homes in West Ashley, SC cost?
Median Sold Price
$455,576
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Ashley was $455,576 in March 2024, up 7.2% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $242.5K | +5.4% |
2 Bedrooms | $286K | $290K | +1.4% |
3 Bedrooms | $408.6K | $435K | +6.4% |
4 Bedrooms | $500K | $550K | +10.0% |
5+ Bedrooms | $515K | $672.5K | +30.6% |
Summary: West Ashley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 30.6%.
Median Sold Price Compared To Nearby Cities
Hollywood | $615K | $685.7K | +11.5% |
Charleston | $492.7K | $538.9K | +9.4% |
West Ashley | $425K | $455.5K | +7.2% |
North Charleston | $321.9K | $334.8K | +4.0% |
Housing Supply in West Ashley, SC
How many homes are available in West Ashley, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
310 | 360 | +16.1% |
Summary: The West Ashley real estate market had 360 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 37 | 43 | +16.2% |
3 Bedrooms | 165 | 191 | +15.8% |
4 Bedrooms | 82 | 95 | +15.9% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The West Ashley 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 16.2%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 96 | +18.5% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 96 homes were sold or pending in West Ashley in March 2024, up by 18.5% month-over-month. Of the 96 sold homes, 45% were sold under asking, 27% were sold at asking, and 28% were sold over asking.
Days on Market for West Ashley, SC
We’re sorry, we don't have information for this market at the moment