 |
|||
 |
|||
| | |||
| JULY 2025 | |||
| | |||
| Units Sold 204 |
Active Inventory 464 |
Median Sale Price $336,265 |
Days On Market 30 |
|
|
|
|
|
| Down -22% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 16% Vs. Year Ago |
Up 20% Vs. Year Ago |
| | |||
Units Sold
There was a decrease in total units sold in July, with 204 sold this month in Berkeley County Real Estate versus 244 last month, a decrease of 16%. This month's total units sold was lower than at this time last year, a decrease of 22% versus July 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is lower by 60 units or 11%. The total number of active inventory this July was 464 compared to 524 in July 2024. This month's total of 464 is lower than the previous month's total supply of available inventory of 494, a decrease of 6%. |
|||
Median Sale Price
Last July, the median sale price for Berkeley County Homes was $290,000. This July, the median sale price was $336,265, an increase of 16% or $46,265 compared to last year. The current median sold price is 6% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 305 |
Current Contracts 230 |
Sold Vs. List Price 98.7% |
Months of Supply 2.3 |
|
|
|
|
|
| Down -11% Vs. Year Ago |
Down -7% Vs. Year Ago |
Down -1% Vs. Year Ago |
Up 13% Vs. Year Ago |
| | |||
Months of Supply
In July, there was 2.3 months of supply available in Berkeley County, compared to 2.0 in July 2024. That is an increase of 13% 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. |
|||
New Listings & Current Contracts
This month there were 305 homes newly listed for sale in Berkeley County compared to 341 in July 2024, a decrease of 11%. There were 230 current contracts pending sale this July compared to 246 a year ago. The number of current contracts is 7% lower than last July. |
|||
Sale Price to List Price Ratio
In July, the average sale price in Berkeley County was 98.7% of the average list price, which is 1.0% lower than at this time last year. Days on Market
This month, the average number of days on market was 30, higher than the average last year, which was 25, an increase of 20%. | |||
 |
|||
| *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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc. |
|||