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 April 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
$2,747,500
$965/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Charlestowne / South of Broad have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Charlestowne / South of Broad was $2,747,500 in April 2024, up 12.7% from last year, and the median price per square foot was $965.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $897.5K | $725K | -19.2% |
| 2 Bedrooms | $1.0M | $1.7M | +70.0% |
| 3 Bedrooms | $2.3M | $2.1M | -8.5% |
| 4 Bedrooms | $2.6M | $3.6M | +36.3% |
| 5+ Bedrooms | $3.3M | $4.2M | +24.0% |
Summary: Charlestowne / South of Broad housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.2%, 2 bedroom homes increased by 70%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 24%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlestowne / South of Broad | $2.4M | $2.7M | +12.7% |
| The Peninsula | $809K | $906.4K | +12.0% |
| Harleston Village | $925K | $976K | +5.5% |
| French Quarter | $1.2M | $890K | -27.3% |
Housing Supply in Charlestowne / South of Broad, SC
How many homes are available in Charlestowne / South of Broad, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 43 | +7.5% |
Summary: The Charlestowne / South of Broad real estate market had 43 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Charlestowne / South of Broad housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was 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. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Charlestowne / South of Broad in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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
