$5,759 Closing Credit*
$485,000
1,225 SqFt
2 Beds
•2 Full Baths
Listing Office: BHHS Carolina Sun Real Estate
Is Berkeley, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Berkeley has remained a Seller's Market.
Key Takeaway
Berkeley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berkeley, SC
How much do homes in Berkeley, SC cost?
Median Sold Price
$873,373
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$82,364(+10.4%)
Key Takeaway
Homes in Berkeley have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Berkeley was $873,373 in November 2024, up 10.4% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $342.5K | +3.8% |
| 2 Bedrooms | $432.5K | $565K | +30.6% |
| 3 Bedrooms | $614.9K | $600K | -2.4% |
| 4 Bedrooms | $903.3K | $1.0M | +15.1% |
| 5+ Bedrooms | $1.9M | $2.2M | +15.7% |
Summary: Berkeley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 30.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Daniel Island | $1.2M | $1.5M | +17.2% |
| Berkeley | $791K | $873.3K | +10.4% |
Housing Supply in Berkeley, SC
How many homes are available in Berkeley, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 175 | 169 | -3.4% |
Summary: The Berkeley real estate market had 169 homes for sale in November 2024, a 3.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 48 | 45 | -6.3% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 39 | 34 | -12.8% |
Summary: The Berkeley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 12.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 39 | +25.8% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Berkeley, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Berkeley in November 2024, up by 25.8% month-over-month. Of the 39 sold homes, 64% were sold under asking, 26% were sold at asking, and 10% were sold over asking.
Days on Market for Berkeley, SC
We’re sorry, we don't have information for this market at the moment
