MARKET REPO RT CHARLESTON AREA | QUARTER 2 2021
Featured Properties COVER HOME
14 Greenhill Street | Charleston
64 Grand Pavilion | Isle of Palms
155 Wingo Way, 452 | Mount Pleasant
The Overview Q2 2021 vs Q2 2020
The Lowcountry NUMBER OF SALES
4,234
^
38%
AVERAGE DAYS ON MARKET
34
60%
^
AVERAGE SOLD PRICE PER SQFT
$355
^
25%
AVERAGE SALES PRICE
$822,513
^
28%
LIST TO SALES PRICE RATIO
97.51% 5.3%
^
Q2 2021 Market Report Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area
NUMBER OF SALES
281
247
13.8%
2021
2020
AVERAGE DAYS ON MARKET
27
61
55.7%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$222.14
16.9% $190.02 2020
2021
AVERAGE SALES PRICE
$495,486 2021
15.0%
$430,913 2020
LIST TO SALES PRICE RATIO
99.62% 2021
4.39%
95.22% 2020
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area
NUMBER OF SALES
335
276
21.4%
2021
2020
AVERAGE DAYS ON MARKET
23
57
59.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$298.95
28.4% $232.78 2020
2021
AVERAGE SALES PRICE
$549,979 2021
28.3%
$396,597 2020
LIST TO SALES PRICE RATIO
98.81% 2021
9.30%
108.11% 2020
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
231
188
22.9%
2021
2020
AVERAGE DAYS ON MARKET
29
60
51.7%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$258.51
19.9% $215.56 2020
2021
AVERAGE SALES PRICE
$495,769 2021
34.7%
$368,170 2020
LIST TO SALES PRICE RATIO
97.47% 2021
2.56%
94.90% 2020
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
318
357
10.9%
2021
2020
AVERAGE DAYS ON MARKET
17
40
57.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$186.72
22.4% $152.55 2020
2021
AVERAGE SALES PRICE
$338,410 2021
12.9%
$299,821 2020
LIST TO SALES PRICE RATIO
100.12% 2021
2.47%
97.66% 2020
RURAL WEST ASHLEY
Residential Sales | Greater Charleston Area NUMBER OF SALES
55
36
52.8%
2021
2020
AVERAGE DAYS ON MARKET
43
144
70.1%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$218.13 2021
16.0% $188.03 2020 AVERAGE SALES PRICE
$547,317 2021
38.1% $396,287 2020
LIST TO SALES PRICE RATIO
98.05% 2021
10.42%
87.63% 2020
SUMMERVILLE
Residential Sales | Greater Charleston Area NUMBER OF SALES
713
485
47.0%
2021
2020
AVERAGE DAYS ON MARKET
15
52
71.2%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$151.75
$135.69
11.8%
2021
2020
AVERAGE SALES PRICE
$332,364 2021
17.0%
$283,966 2020
LIST TO SALES PRICE RATIO
99.36% 2021
1.37%
97.99% 2020
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
138
108
27.8%
2021
2020
AVERAGE DAYS ON MARKET
15
49
69.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$212.06
34.9% $157.15 2020
2021
AVERAGE SALES PRICE
$294,565 2021
19.3%
$246,897 2020
LIST TO SALES PRICE RATIO
99.55% 2021
2.77%
96.78% 2020
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
323
227
42.3%
2021
2020
AVERAGE DAYS ON MARKET
11
31
64.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$154.59
$125.61
23.1%
2021
2020
AVERAGE SALES PRICE
$243,206 2021
21.3%
$200,504 2020
LIST TO SALES PRICE RATIO
101.23% 2021
5.73%
95.50% 2020
KIAWAH ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
51
39
30.8%
2021
2020
AVERAGE DAYS ON MARKET
55
224
75.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$577.00
$407.46
41.7%
2021
2020
AVERAGE SALES PRICE
$1,402,454 2021
22.0%
$1,149,203 2020
LIST TO SALES PRICE RATIO
98.87% 2021
12.04%
View Kiawah Island Listings
86.84% 2020
*Kiawah Island stats from Charleston MLS only
SEABROOK ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
78
45
73.3%
2021
2020
AVERAGE DAYS ON MARKET
18
181
90.1%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$360.16
$253.62
42.0%
2021
2020
AVERAGE SALES PRICE
$738,621 2021
57.8%
$468,042 2020
LIST TO SALES PRICE RATIO
97.80% 2021
7.12%
90.68% 2020
SULLIVAN’S ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
22
11
100.0%
2021
2020
AVERAGE DAYS ON MARKET
66
87
24.1%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$1,080.60 2021
25.3% $862.48 2020
AVERAGE SALES PRICE
$2,796,364 2021
14.4%
$2,443,839 2020
LIST TO SALES PRICE RATIO
94.52% 2021
4.86%
89.66% 2020
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area
NUMBER OF SALES
128
79
62.0%
2021
2020
AVERAGE DAYS ON MARKET
45
134
66.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$627.73
40.9%
2021
$445.60 2020
AVERAGE SALES PRICE
$1,688,746 2021
80.7%
$934,315 2020
LIST TO SALES PRICE RATIO
97.14% 2021
5.04%
92.10% 2020
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area
NUMBER OF SALES
472
306
54.2%
2021
2020
AVERAGE DAYS ON MARKET
22
55
60.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$332.10
15.0% $288.80 2020
2021
AVERAGE SALES PRICE
$755,894 2021
29.6%
$583,233 2020
LIST TO SALES PRICE RATIO
99.22% 2021
4.30%
94.92% 2020
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area
NUMBER OF SALES
458
354
29.4%
2021
2020
AVERAGE DAYS ON MARKET
14
58
75.9%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$243.32
18.3%
2021
$205.62 2020
AVERAGE SALES PRICE
$643,373 2021
22.2%
$526,517 2020
LIST TO SALES PRICE RATIO
101.31% 2021
3.74% 97.56% 2020
WANDO/CAINHOY
Residential Sales | Greater Charleston Area NUMBER OF SALES
133
75
77.3%
2021
2020
AVERAGE DAYS ON MARKET
22
51
56.9%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$220.63
10.9% $199.00 2020
2021
AVERAGE SALES PRICE
$574,452 2021
32.1%
$434,780 2020
LIST TO SALES PRICE RATIO
99.97% 2021
1.81% 98.16% 2020
DANIEL ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
146
93
57.0%
2021
2020
AVERAGE DAYS ON MARKET
19
64
70.3%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$363.07
27.8% $284.12 2020
2021
AVERAGE SALES PRICE
$1,190,582 2021
30.5%
$912,653 2020
LIST TO SALES PRICE RATIO
99.02% 2021
2.52%
96.50% 2020
MAXIMIZE THE VALUE OF YOUR HOME WITH THE RIGHT REPRESENTATION WE PROVIDE LUXURY SERVICE AT EVERY PRICE POINT At Daniel Ravenel Sotheby’s International Realty, we are local experts with a global reach, showcasing your property to the widest audience to achieve the highest price-point. High-touch, service-minded, and technology driven; our representation goes above and beyond all others. Discover the difference.
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LOCAL SINCE 1983. GLOBAL SINCE 1774. | 843.723.7150 | DanielRavenelSIR.com | 33 BROAD STREET, CHARLESTON, SC 29401 Each Office is Independently Owned and Operated.
Q2 2021 Market Report Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area
NUMBER OF SALES
254
76
234.2%
2021
2020
AVERAGE DAYS ON MARKET
104
123
15.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$528.81
17.4% $450.32 2020
2021
AVERAGE SALES PRICE
$1,124,530 2021
14.6%
$981,584 2020
LIST TO SALES PRICE RATIO
93.78% 2021
4.08%
89.70% 2020
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area
NUMBER OF SALES
98
62
58.1%
2021
2020
AVERAGE DAYS ON MARKET
69
60
15.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$348.69
$313.69
11.2%
2021
2020
AVERAGE SALES PRICE
$593,119 2021
7.8%
$550,438 2020
LIST TO SALES PRICE RATIO
97.21% 2021
3.58%
93.63% 2020
SOUTH OF BROAD
Residential Sales | Greater Charleston Area NUMBER OF SALES
65
20
225.0%
2021
2020
AVERAGE DAYS ON MARKET
89
96
7.3%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$651.30
9.2%
2021
$596.69 2020
AVERAGE SALES PRICE
$1,856,549 2021
10.4%
$1,681,725 2020
LIST TO SALES PRICE RATIO
94.15% 2021
4.35%
89.80% 2020
HARLESTON VILLAGE
Residential Sales | Greater Charleston Area NUMBER OF SALES
53
17
211.8%
2021
2020
AVERAGE DAYS ON MARKET
98
157
37.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$538.20
35.0% $398.56 2020
2021
AVERAGE SALES PRICE
$1,147,438 2021
43.8%
$798,176 2020
LIST TO SALES PRICE RATIO
93.68% 2021
8.11%
85.57% 2020
FRENCH QUARTER
Residential Sales | Greater Charleston Area NUMBER OF SALES
14
3
366.7%
2021
2020
AVERAGE DAYS ON MARKET
137
91
50.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$619.60
46.3% $423.54 2020
2021
AVERAGE SALES PRICE
$987,357 2021
42.6%
$692,333 2020
LIST TO SALES PRICE RATIO
86.09% 2021
10.07%
96.16% 2020
ANSONBOROUGH
Residential Sales | Greater Charleston Area NUMBER OF SALES
8
3
166.7%
2021
2020
AVERAGE DAYS ON MARKET
128
90
42.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$491.63
30.5% $707.50 2020
2021
AVERAGE SALES PRICE
$761,625 2021
59.4%
$1,874,454 2020
LIST TO SALES PRICE RATIO
92.75% 2021
0.66%
93.41% 2020
RADCLIFFEBOROUGH
Residential Sales | Greater Charleston Area NUMBER OF SALES
23
10
130.0%
2021
2020
AVERAGE DAYS ON MARKET
123
259
52.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$442.68
27.5% $347.10 2020
2021
AVERAGE SALES PRICE
$728,998 2021
20.4%
$605,490 2020
LIST TO SALES PRICE RATIO
94.75% 2021
9.68%
85.07% 2020
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area
NUMBER OF SALES
53
7
657.1%
2021
2020
AVERAGE DAYS ON MARKET
65
104
37.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$334.45
15.0% $290.73 2020
2021
AVERAGE SALES PRICE
$747,888 2021
9.5%
$683,167 2020
LIST TO SALES PRICE RATIO
97.93% 2021
1.15%
99.08% 2020
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area
NUMBER OF SALES
31
28
10.7%
2021
2020
AVERAGE DAYS ON MARKET
63
45
40.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$379.30
25.6% $301.94 2020
2021
AVERAGE SALES PRICE
$675,032 2021
25.7%
$536,821 2020
LIST TO SALES PRICE RATIO
98.21% 2021
5.36%
92.85% 2020
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area
NUMBER OF SALES
7
4
75.0%
2021
2020
AVERAGE DAYS ON MARKET
91
57
59.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$446.22
14.2% $520.33 2020
2021
AVERAGE SALES PRICE
$786,571 2021
32.2%
$1,159,460 2020
LIST TO SALES PRICE RATIO
93.39% 2021
3.65%
97.04% 2020
Nothing Compares.
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