The Lowcountry
2865 NUMBER OF SALES 18.45% ^
33 AVERAGE DAYS ON MARKET 78.51% ^
$469.75 AVERAGE SOLD PRICE PER SQFT
6.17% ^
$1,050,968.22 AVERAGE SALES PRICE
5.09% ^
97.86% LIST TO SALES PRICE RATIO
2.04% ^
Q2 2023 Market Report Section 1: Charleston Area
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 201 2023 236 2022 28 2023 18 2022 $301.43 2023 $299.18 2022 $737,813 2023 $668,409 2022 98.52% 2023 99.39% 2022 JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 222 2023 311 2022 20 2023 12 2022 $360.14 2023 $360.60 2022 $617,728 2023 $656,408 2022 98.12% 2023 100.38% 2022 14.83% 55.56% 0.75% 10.38% 0.87% 28.62% 66.67% 0.13% 5.89% 2.26%
JOHNS ISLAND AND WADMALAW ISLAND
WEST ASHLEY (INSIDE I-526)
Residential Sales | Greater Charleston Area
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 140 2023 193 2022 22 2023 12 2022 $330.43 2023 $320.38 2022 $553,006 2023 $515,344 2022 98.79% 2023 102.26% 2022 LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 296 2023 367 2022 22 2023 11 2022 $236.28 2023 $226.21 2022 $467,048 2023 $443,880 2022 99.54% 2023 102.30% 2022 27.46% 83.33% 3.14% 7.31% 3.47% 19.35% 100% 4.45% 5.22% 2.77%
WEST ASHLEY (OUTSIDE I-526)
RURAL WEST ASHLEY
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 52 2023 47 2022 65 2023 34 2022 $237.74 2023 $252.77 2022 $628,220 2023 $530,563 2022 94.61% 2023 98.42% 2022 SUMMERVILLE Residential Sales | Greater Charleston Area 10.64% 91.18% 5.95% 18.41% 3.80% LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 544 2023 567 2022 42 2023 16 2022 $190.90 2023 $179.94 2022 $413,015 2023 $397,211 2022 98.98% 2023 100.56% 2022 4.06% 162.50% 6.09% 3.98% 1.58%
CHARLESTON
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 130 2023 137 2022 23 2023 13 2022 $259.37 2023 $249.16 2022 $378,942 2023 $360,780 2022 98.29% 2023 101.48% 2022 NORTH CHARLESTON/SUMMERVILLE (OUTSIDE
Residential Sales | Greater Charleston Area 5.11% 76.92% 4.10% 5.03% 3.19% LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 205 2023 242 2022 23 2023 10 2022 $193.23 2023 $186.16 2022 $290,587 2023 $279,726 2022 99.66% 2023 102.12% 2022 15.29% 130% 3.80% 3.88% 2.46%
NORTH
(INSIDE I-526)
I-526)
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 32 2023 51 2022 11 2023 13 2022 $862.24 2023 $746.12 2022 $1,871,547 2023 $1,771,429 2022 99.11% 2023 100.26% 2022 SEABROOK ISLAND Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 52 2023 76 2022 40 2023 15 2022 $575.15 2023 $477.97 2022 $1,080,788 2023 $852,849 2022 97.56% 2023 99.27% 2022 37.25% 15.38% 15.56% 5.65% 1.16% 31.58% 166.67% 20.33% 26.73% 1.71% Kiawah Island stats from Charleston MLS only
KIAWAH ISLAND
SULLIVAN’S ISLAND Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 13 2023 11 2022 46 2023 42 2022 $1,270.44 2023 $1,133.44 2022 $3,519,923 2023 $3,729,182 2022 98.24% 2023 99.59% 2022 ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 82 2023 91 2022 50 2023 25 2022 $887.55 2023 $954.64 2022 $1,858,530 2023 $1,813,486 2022 95.69% 2023 99.24% 2022 9.52% 18.18% 12.09% 5.61% 1.35% 9.89% 100% 7.03% 2.48% 3.55%
MT. PLEASANT (SOUTH OF IOP CONNECTOR)
MT. PLEASANT (NORTH OF IOP CONNECTOR)
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 223 2023 334 2022 21 2023 10 2022 $454.84 2023 $427.32 2022 $1,018,971 2023 $997,841 2022 97.53% 2023 100.80% 2022
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 341 2023 396 2022 28 2023 9 2022 $327.82 2023 $316.52 2022 $891,985 2023 $837,206 2022 33.23% 110% 6.44% 2.12% 3.27% 13.89% 211.11% 3.57% 6.54% 99.28% 2023 101.26% 2022 1.97%
DANIEL ISLAND Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 92 2023 98 2022 38 2023 12 2022 $504.04 2023 $471.22 2022 $1,666,592 2023 $1,459,494 2022 96.84% 2023 99.64% 2022 WANDO/CAINHOY Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 82 2023 90 2022 42 2023 13 2022 $322.41 2023 $286.37 2022 $766,845 2023 $673,991 2022 98.66% 2023 101.38% 2022 8.89% 223.08% 12.59% 13.78% 2.72% 6.12% 216.67% 6.96% 14.19% 2.80%
Q1 2023 Market Report
Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN)
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 105 2023 191 2022 55 2023 49 2022 $656.71 2023 $626.45 2022 $1,331,048 2023 $1,291,751 2022 96.62% 2023 97.84% 2022
CHARLESTON
CROSSTOWN) Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 53 2023 75 2022 22 2023 21 2022 $484.81 2023 $449.85 2022 $824,840 2023 $722,411 2022 100.02% 2023 99.38% 2022 45.03% 12.24% 4.83% 3.04% 1.22% 29.33% 4.76% 7.77% 14.18% 0.64%
DOWNTOWN
(OUTSIDE
SOUTH OF BROAD Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 20 2023 36 2022 68 2023 105 2022 $969.08 2023 $795.27 2022 $3,597,250 2023 $2,597,656 2022 95.79% 2023 95.54% 2022 HARLESTON VILLAGE Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 18 2023 39 2022 32 2023 14 2022 $706.12 2023 $627.39 2022 $963.194 2023 $1,170,667 2022 97.13% 2023 100.47% 2022 44.44% 35.24% 38.48% 0.25% 53.85% 128.57% 12.55% 17.72% 3.34% 21.86%
FRENCH QUARTER
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 2 2023 6 2022 120 2023 44 2022 $701.01 2023 $839.11 2022 $1,045,000 2023 $1,256,500 2022 96.19% 2023 95.15% 2022 ANSONBOROUGH Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 5 2023 13 2022 33 2023 51 2022 $724.91 2023 $699.88 2022 $955,163 2023 $1,473,730 2022 96.09% 2023 101.64% 2022 66.67% 172.73% 16.46% 16.83% 1.04% 61.54% 35.29% 3.58% 35.19% 5.54%
RADCLIFFEBOROUGH Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 8 2023 16 2022 4 2023 18 2022 $541.02 2023 $547.20 2022 $847,188 2023 $981,631 2022 100.31% 2023 97.48% 2022 CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 6 2023 21 2022 4 2023 12 2022 $541.09 2023 $453.54 2022 $848,750 2023 $875,037 2022 100.41% 2023 101.81% 2022 50.00% 77.78% 1.13% 13.70% 2.83% 71.43% 66.67% 19.30% 3.00% 1.40%
Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 16 2023 27 2022 13 2023 11 2022 $552.06 2023 $462.35 2022 $942,563 2023 $834,695 2022 98.84% 2023 98.49% 2022 MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area LIST TO SALES PRICE RATIO NUMBER OF SALES AVERAGE DAYS ON MARKET AVERAGE SOLD PRICE PER SQFT AVERAGE SALES PRICE 1 2023 5 2022 8 2023 77 2022 $333.12 2023 $593.91 2022 $1,020,000 2023 $1,063,000 2022 88.70% 2023 100.18% 2022 40.74% 18.18% 19.40% 12.92% 0.35% 80% 89.61% 43.91% 4.05% 11.48%
WAGENER TERRACE/HAMPTON PARK
Statistics are compiled quarterly based on figures and data generated by the Multiple Listing Service. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. Property and statistical data derived from this information is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. We fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Each Office is Independently Owned and Operated. DANIELRAVENELSIR.COM 33 BROAD STREET, CHARLESTON, SC 29401 Nothing Compares.
