Is West Ashley, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$475,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in West Ashley was $475,000 in June 2024, up 10.5% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $254K | +5.8% |
2 Bedrooms | $285K | $309K | +8.4% |
3 Bedrooms | $415K | $449.1K | +8.2% |
4 Bedrooms | $513K | $575K | +12.1% |
5+ Bedrooms | $560K | $685K | +22.3% |
Summary: West Ashley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Cities
Charleston | $500.2K | $557.4K | +11.4% |
West Ashley | $430K | $475K | +10.5% |
Hollywood | $639.2K | $697.5K | +9.1% |
North Charleston | $325.3K | $334.9K | +2.9% |
Housing Supply in West Ashley, SC
How many homes are available in West Ashley, SC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
368 | 389 | +5.7% |
Summary: The West Ashley real estate market had 389 homes for sale in June 2024, a 5.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 57 | 51 | -10.5% |
3 Bedrooms | 186 | 188 | +1.1% |
4 Bedrooms | 97 | 115 | +18.6% |
5+ Bedrooms | 24 | 28 | +16.7% |
Summary: The West Ashley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
94 | 93 | -1.1% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 93 homes were sold or pending in West Ashley in June 2024, down by 1.1% month-over-month. Of the 93 sold homes, 49% were sold under asking, 23% 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