$11,850,000
9,730 SqFt
Listing Office: The Cassina Group, Premier Properties Charleston
Is Sullivan's Island, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sullivan's Island was a Seller's Market.
Key Takeaway
Sullivan's Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sullivan's Island, SC
How much do homes in Sullivan's Island, SC cost?
Median Sold Price
$4,980,000
$1,570/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$1,844,000(+58.8%)
Key Takeaway
Homes in Sullivan's Island have sold for 58.8% more than they did a month ago.
Summary: The median home sold price in Sullivan's Island was $4,980,000 in October 2024, up 58.8% from last month, and the median price per square foot was $1,570.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $3.0M | - | N/A |
| 4 Bedrooms | $4.1M | - | N/A |
| 5+ Bedrooms | - | $4.9M | N/A |
Summary: Sullivan's Island housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sullivan's Island, SC
How many homes are available in Sullivan's Island, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Sullivan's Island real estate market had 25 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Sullivan's Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sullivan's Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sullivan's Island in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sullivan's Island, SC
We’re sorry, we don't have information for this market at the moment
