$4,869 Closing Credit*
$410,000
1,063 SqFt
2 Beds
•2 Full Baths
Listing Office: King and Society Real Estate
Is Park West, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Park West was a Seller's Market.
Key Takeaway
Park West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Park West, SC
How much do homes in Park West, SC cost?
Median Sold Price
$639,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$71,850(+12.7%)
Key Takeaway
Homes in Park West have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Park West was $639,000 in October 2024, up 12.7% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $302.5K | +10.0% |
| 2 Bedrooms | $340K | $385K | +13.2% |
| 3 Bedrooms | $536.1K | $561.5K | +4.7% |
| 4 Bedrooms | $702.5K | $778K | +10.7% |
| 5+ Bedrooms | $970K | $1.4M | +52.6% |
Summary: Park West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 52.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Dunes West | $638K | $775K | +21.5% |
| Park West | $567.1K | $639K | +12.7% |
Housing Supply in Park West, SC
How many homes are available in Park West, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The Park West real estate market had 60 homes for sale in October 2024, a 13.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 16 | 23 | +43.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Park West housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 43.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park West, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Park West in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Park West, SC
We’re sorry, we don't have information for this market at the moment
