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| APRIL 2024 | |||
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| Units Sold 679 |
Active Inventory 1,458 |
Median Sale Price $639,500 |
Days On Market 31 |
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| Up 2% Vs. Year Ago |
Up 44% Vs. Year Ago |
Up 21% Vs. Year Ago |
Up 11% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 679 sold this month in Charleston County Real Estate versus 653 last month, an increase of 4%. This month's total units sold was higher than at this time last year, an increase of 2% versus April 2023. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 448 units or 44%. The total number of active inventory this April was 1,458 compared to 1,010 in April 2023. This month's total of 1,458 is higher than the previous month's total supply of available inventory of 1,311, an increase of 11%. |
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Median Sale Price
Last April, the median sale price for Charleston County Homes was $530,000. This April, the median sale price was $639,500, an increase of 21% or $109,500 compared to last year. The current median sold price is 13% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 978 |
Current Contracts 764 |
Sold Vs. List Price 97.6% |
Months of Supply 2.1 |
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| Up 23% Vs. Year Ago |
Up 12% Vs. Year Ago |
No Change Vs. Year Ago |
Up 41% Vs. Year Ago |
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Months of Supply
In April, there was 2.1 months of supply available in Charleston County, compared to 1.5 in April 2023. That is an increase of 41% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 978 homes newly listed for sale in Charleston County compared to 795 in April 2023, an increase of 23%. There were 764 current contracts pending sale this April compared to 682 a year ago. The number of current contracts is 12% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Charleston County was 97.6% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 28, an increase of 11%. | |||
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Charleston County are defined as properties listed in zip code/s . | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by CTARMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of CTARMLS or Long & Foster Real Estate, Inc. |
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