MARKET REPORT CHARLESTON AREA | QUARTER 3 | 2020
Featured Properties COVER HOME
3908 Palm Boulevard | Isle of Palms
5 Gadsdenboro Street, 203 & 205 | Charleston
1389 Scotts Creek Circle | Mt. Pleasant
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Q3 2020 Market Update Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
307
204
2020
2019
AVERAGE DAYS ON MARKET
54
51
2020
2019
AVERAGE SOLD PRICE PER SQFT
$176
$171
2020
2019
AVERAGE SALES PRICE
$454,359 2020
$351,164 2019
LIST TO SALES PRICE RATIO
98.1% 2020
98.3% 2019
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area NUMBER OF SALES
364
300
2020
2019
AVERAGE DAYS ON MARKET
49
53
2020
2019
AVERAGE SOLD PRICE PER SQFT
$264
$233
2020
2019
AVERAGE SALES PRICE
$486,641 2020
$408,543 2019
LIST TO SALES PRICE RATIO
97.1% 2020
97.4% 2019
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
224
163
2020
2019
AVERAGE DAYS ON MARKET
30
48
2020
2019
AVERAGE SOLD PRICE PER SQFT
$224
$201
2020
2019
AVERAGE SALES PRICE
$416,977 2020
$329,875 2019
LIST TO SALES PRICE RATIO
98.0% 2020
96.0% 2019
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
363
337
2020
2019
AVERAGE DAYS ON MARKET
37
43
2020
2019
AVERAGE SOLD PRICE PER SQFT
$158
$151
2020
2019
AVERAGE SALES PRICE
$313,345 2020
$283,232 2019
LIST TO SALES PRICE RATIO
99.0% 2020
98.0% 2019
RURAL WEST ASHLEY Residential Sales | Greater Charleston Area NUMBER OF SALES
67
47
2020
2019 AVERAGE DAYS ON MARKET
71
92
2020
2019
AVERAGE SOLD PRICE PER SQFT
$182
$146
2020
2019
AVERAGE SALES PRICE
$438,168 2020
$328,189 2019
LIST TO SALES PRICE RATIO
98.0% 2020
96.0% 2019
SUMMERVILLE Residential Sales | Greater Charleston Area NUMBER OF SALES
886
561
2020
2019
AVERAGE DAYS ON MARKET
40
46
2020
2019
AVERAGE SOLD PRICE PER SQFT
$134
$129
2020
2019
AVERAGE SALES PRICE
$279,176 2020
$264,767 2019
LIST TO SALES PRICE RATIO
99.4% 2020
99.0% 2019
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
142
117
2020
2019 AVERAGE DAYS ON MARKET
41
50
2020
2019
AVERAGE SOLD PRICE PER SQFT
$178
$161
2020
2019
AVERAGE SALES PRICE
$259,254 2020
$232,011 2019
LIST TO SALES PRICE RATIO
98.4% 2020
98.0% 2019
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
300
285
2020
2019
AVERAGE DAYS ON MARKET
25
31
2020
2019
AVERAGE SOLD PRICE PER SQFT
$134
$120
2020
2019
AVERAGE SALES PRICE
$215,342 2020
$194,002 2019
LIST TO SALES PRICE RATIO
99.1% 2020
98.8% 2019
KIAWAH ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
122
98
2020
2019 AVERAGE DAYS ON MARKET
204
133
2020
2019
AVERAGE SOLD PRICE PER SQFT
$592
$359
2020
2019
AVERAGE SALES PRICE
$2,317,483 2020
$1,440,000 2019
LIST TO SALES PRICE RATIO
94.3% 2020
View Kiawah Island Listings
92.0% 2019
SEABROOK ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
118
63
2020
2019 AVERAGE DAYS ON MARKET
161
138
2020
2019
AVERAGE SOLD PRICE PER SQFT
$268
$242
2020
2019
AVERAGE SALES PRICE
$558,552 2020
$553,870 2019
LIST TO SALES PRICE RATIO
95.1% 2020
91.1% 2019
SULLIVAN’S ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
16
17
2020
2019 AVERAGE DAYS ON MARKET
110
136
2020
2019
AVERAGE SOLD PRICE PER SQFT
$786
$805
2020
2019
AVERAGE SALES PRICE
$2,141,875 2020
$2,253,912 2019
LIST TO SALES PRICE RATIO
94.9% 2020
94.4% 2019
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area NUMBER OF SALES
178
84
2020
2019 AVERAGE DAYS ON MARKET
138
151
2020
2019
AVERAGE SOLD PRICE PER SQFT
$454
$457
2020
2019
AVERAGE SALES PRICE
$1,077,550 2020
$1,021,080 2019
LIST TO SALES PRICE RATIO
95.5% 2020
94.5% 2019
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
459
310
2020
2019
AVERAGE DAYS ON MARKET
51
58
2020
2019
AVERAGE SOLD PRICE PER SQFT
$291
$265
2020
2019
AVERAGE SALES PRICE
$653,279 2020
$537,000 2019
LIST TO SALES PRICE RATIO
97.3% 2020
97.7% 2019
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
531
483
2020
2019
AVERAGE DAYS ON MARKET
53
70
2020
2019
AVERAGE SOLD PRICE PER SQFT
$205
$198
2020
2019
AVERAGE SALES PRICE
$539,938 2020
$509,351 2019
LIST TO SALES PRICE RATIO
98.3% 2020
98.6% 2019
DEWEES ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
4
2
2020
2019 AVERAGE DAYS ON MARKET
224
745
2020
2019
AVERAGE SOLD PRICE PER SQFT
$301
$260
2020
2019
AVERAGE SALES PRICE
$1,003,250 2020
$1,100,000 2019
LIST TO SALES PRICE RATIO
97.3% 2020
96.1% 2019
DANIEL ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
160
94
2020
2019 AVERAGE DAYS ON MARKET
54
71
2020
2019
AVERAGE SOLD PRICE PER SQFT
$298
$257
2020
2019
AVERAGE SALES PRICE
$998,694 2020
$725,589 2019
LIST TO SALES PRICE RATIO
97.3% 2020
96.8% 2019
WANDO/CAINHOY Residential Sales | Greater Charleston Area NUMBER OF SALES
102
106
2020
2019
AVERAGE DAYS ON MARKET
72
97
2020
2019
AVERAGE SOLD PRICE PER SQFT
$198
$179
2020
2019
AVERAGE SALES PRICE
$502,773 2020
$401,258 2019
LIST TO SALES PRICE RATIO
98.2% 2020
96.8% 2019
Q3 2020 Market Update Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
119
90
2020
2019 AVERAGE DAYS ON MARKET
130
100
2020
2019
AVERAGE SOLD PRICE PER SQFT
$454
$453
2020
2019
AVERAGE SALES PRICE
$985,225 2020
$958,518 2019
LIST TO SALES PRICE RATIO
92.6% 2020
93.1% 2019
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
61
48
2020
2019 AVERAGE DAYS ON MARKET
51
66
2020
2019
AVERAGE SOLD PRICE PER SQFT
$329
$307
2020
2019
AVERAGE SALES PRICE
$527,109 2020
$448,431 2019
LIST TO SALES PRICE RATIO
98.2% 2020
95.3% 2019
SOUTH OF BROAD Residential Sales | Greater Charleston Area NUMBER OF SALES
21
24
2020
2019 AVERAGE DAYS ON MARKET
189
108
2020
2019
AVERAGE SOLD PRICE PER SQFT
$582
$514
2020
2019
AVERAGE SALES PRICE
$2,246,634 2020
$1,532,022 2019
LIST TO SALES PRICE RATIO
87.6% 2020
92.5% 2019
HARLESTON VILLAGE Residential Sales | Greater Charleston Area NUMBER OF SALES
25
10
2020
2019 AVERAGE DAYS ON MARKET
129
70
2020
2019
AVERAGE SOLD PRICE PER SQFT
$450
$366
2020
2019
AVERAGE SALES PRICE
$852,766 2020
$718,220 2019
LIST TO SALES PRICE RATIO
95.9% 2020
95.0% 2019
FRENCH QUARTER Residential Sales | Greater Charleston Area NUMBER OF SALES
0
7
2020
2019 AVERAGE DAYS ON MARKET
0
121
2020
2019
AVERAGE SOLD PRICE PER SQFT
0
$522
2020
2019
AVERAGE SALES PRICE
0
2020
$1,043,000 2019
LIST TO SALES PRICE RATIO
0
2020
87.0% 2019
ANSONBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
6
6
2020
2019 AVERAGE DAYS ON MARKET
62
137
2020
2019
AVERAGE SOLD PRICE PER SQFT
$569
$501
2020
2019
AVERAGE SALES PRICE
$1,649,167 2020
$1,058,750 2019
LIST TO SALES PRICE RATIO
95.1% 2020
95.0% 2019
RADCLIFFEBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
11
9
2020
2019 AVERAGE DAYS ON MARKET
164
106
2020
2019
AVERAGE SOLD PRICE PER SQFT
$380
$334
2020
2019
AVERAGE SALES PRICE
$483,559 2020
$605,444 2019
LIST TO SALES PRICE RATIO
96.6% 2020
94.6% 2019
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
18
7
2020
2019 AVERAGE DAYS ON MARKET
76
61
2020
2019
AVERAGE SOLD PRICE PER SQFT
$396
$505
2020
2019
AVERAGE SALES PRICE
$724,083 2020
$950,088 2019
LIST TO SALES PRICE RATIO
97.7% 2020
92.5% 2019
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area NUMBER OF SALES
21
15
2020
2019 AVERAGE DAYS ON MARKET
56
48
2020
2019
AVERAGE SOLD PRICE PER SQFT
$321
$315
2020
2019
AVERAGE SALES PRICE
$600,459 2020
$489,439 2019
LIST TO SALES PRICE RATIO
96.7% 2020
94.0% 2019
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
6
2
2020
2019 AVERAGE DAYS ON MARKET
74
25
2020
2019
AVERAGE SOLD PRICE PER SQFT
$399
$554
2020
2019
AVERAGE SALES PRICE
$1,010,333 2020
$854,118 2019
LIST TO SALES PRICE RATIO
95.8% 2020
96.5% 2019
33 BROAD STREET, CHARLESTON, SC 29401 | 843.723.7150 | DANIELRAVENELSIR.COM | OPEN 7 DAYS A WEEK Based on information from sources including the Charleston Trident MLS for the period July 1, 2020 through September 30, 2020. Daniel Ravenel Sotheby’s International Realty cannot verify that it is accurate or complete, and it should not be relied upon as such. © MMXX Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated.