Is Charlestowne / South of Broad, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlestowne / South of Broad is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Charlestowne / South of Broad was a Neutral Market.

Key Takeaway

Charlestowne / South of Broad is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Charlestowne / South of Broad, SC

How much do homes in Charlestowne / South of Broad, SC cost?

Median Sold Price

$2,785,550

$943/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$285,550(+11.4%)

Key Takeaway

Homes in Charlestowne / South of Broad have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Charlestowne / South of Broad was $2,785,550 in October 2024, up 11.4% from last year, and the median price per square foot was $943.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $760K$785K
+3.3%
2 $1.2M$1.6M
+28.1%
3 $2.3M$2.3M
-3.4%
4 $3.0M$3.6M
+21.1%
5+ $5.1M$4.0M
-21.6%

Summary: Charlestowne / South of Broad housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 28.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 21.6%.

Median Sold Price Compared To Nearby Neighborhoods

French Quarter
+54.5%
Harleston Village
+37.8%
The Peninsula
+14.3%
Charlestowne / South of Broad
+11.4%

Housing Supply in Charlestowne / South of Broad, SC

How many homes are available in Charlestowne / South of Broad, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3739+5.4%

Summary: The Charlestowne / South of Broad real estate market had 39 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 58
+60.0%
3 1512
-20.0%
4 99
0.0%
5+ 57
+40.0%

Summary: The Charlestowne / South of Broad housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlestowne / South of Broad, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Charlestowne / South of Broad in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Charlestowne / South of Broad, SC

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Charlestowne / South of Broad, SC

Nearby Markets to Charlestowne / South of Broad, SC