$10,000 Closing Credit*
$1,795,000
2,487 SqFt
4 Beds
•4 Full Baths, 1 Partial
Listing Office: Keller Williams Realty Charleston West Ashley
Is The Peninsula, 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, The Peninsula was a Seller's Market.
Key Takeaway
The Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Peninsula, SC
How much do homes in The Peninsula, SC cost?
Median Sold Price
$1,000,000
$624/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$125,000(+14.3%)
Key Takeaway
Homes in The Peninsula have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in The Peninsula was $1,000,000 in October 2024, up 14.3% from last year, and the median price per square foot was $624.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $484.5K | $487.5K | +0.6% |
| 2 Bedrooms | $732K | $800K | +9.3% |
| 3 Bedrooms | $932.5K | $1.0M | +12.1% |
| 4 Bedrooms | $1.1M | $1.3M | +14.5% |
| 5+ Bedrooms | $2.5M | $1.5M | -39.6% |
Summary: The Peninsula housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 39.6%.
Median Sold Price Compared To Nearby Neighborhoods
| The Peninsula | $875K | $1.0M | +14.3% |
| Westside | $790K | $850K | +7.6% |
| Cannonborough / Elliottborough | $950K | $1.0M | +5.5% |
Housing Supply in The Peninsula, SC
How many homes are available in The Peninsula, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 307 | 364 | +18.6% |
Summary: The The Peninsula real estate market had 364 homes for sale in October 2024, a 18.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 32 | 37 | +15.6% |
| 2 Bedrooms | 85 | 106 | +24.7% |
| 3 Bedrooms | 79 | 88 | +11.4% |
| 4 Bedrooms | 62 | 77 | +24.2% |
| 5+ Bedrooms | 49 | 56 | +14.3% |
Summary: The The Peninsula housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 41 | +32.3% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Peninsula, you may be able to get a good deal. 73.2% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in The Peninsula in October 2024, up by 32.3% month-over-month. Of the 41 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% were sold over asking.
Days on Market for The Peninsula, SC
We’re sorry, we don't have information for this market at the moment
