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| APRIL 2025 | |||
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| Units Sold 234 |
Active Inventory 370 |
Median Sale Price $315,734 |
Days On Market 35 |
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| Up 1% Vs. Year Ago |
Down -14% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 59% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 234 sold this month in Berkeley County Real Estate versus 203 last month, an increase of 15%. This month's total units sold was higher than at this time last year, an increase of 1% versus April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 62 units or 14%. The total number of active inventory this April was 370 compared to 432 in April 2024. This month's total of 370 is lower than the previous month's total supply of available inventory of 392, a decrease of 6%. |
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Median Sale Price
Last April, the median sale price for Berkeley County Homes was $305,613. This April, the median sale price was $315,734, an increase of 3% or $10,121 compared to last year. The current median sold price is 1% 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 274 |
Current Contracts 244 |
Sold Vs. List Price 99.5% |
Months of Supply 1.6 |
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| Down -29% Vs. Year Ago |
Down -12% Vs. Year Ago |
No Change Vs. Year Ago |
Down -16% Vs. Year Ago |
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Months of Supply
In April, there was 1.6 months of supply available in Berkeley County, compared to 1.9 in April 2024. That is a decrease of 15% 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 274 homes newly listed for sale in Berkeley County compared to 384 in April 2024, a decrease of 29%. There were 244 current contracts pending sale this April compared to 278 a year ago. The number of current contracts is 12% lower than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Berkeley County was 99.5% 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 35, higher than the average last year, which was 22, an increase of 59%. | |||
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| *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. |
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