Is Daniel Island, 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, Daniel Island has remained a Seller's Market.
Key Takeaway
Daniel Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Daniel Island, SC
How much do homes in Daniel Island, SC cost?
Median Sold Price
$1,399,333
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Daniel Island have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Daniel Island was $1,399,333 in April 2024, up 6.8% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298.5K | $345K | +15.6% |
| 2 Bedrooms | $432.5K | $575K | +32.9% |
| 3 Bedrooms | $892.5K | $895K | 0.3% |
| 4 Bedrooms | $1.6M | $1.6M | +3.0% |
| 5+ Bedrooms | $2.1M | $2.4M | +12.9% |
Summary: Daniel Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Berkeley | $728.4K | $831.1K | +14.1% |
| Daniel Island | $1.3M | $1.3M | +6.8% |
Housing Supply in Daniel Island, SC
How many homes are available in Daniel Island, SC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 110 | 117 | +6.4% |
Summary: The Daniel Island real estate market had 117 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 38 | 35 | -7.9% |
| 3 Bedrooms | 19 | 30 | +57.9% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Daniel Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 57.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 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. 65.4% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Daniel Island in April 2024, up by 23.8% month-over-month. Of the 26 sold homes, 65% were sold under asking, 27% were sold at asking, and 8% 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
