2023 QUARTER THREE
MARK ET REPO RT CHARLESTON AREA
Featured Properties COVER HOME
673 Wampler Drive, James Island | Offered at $3,090,000
102 Murray Boulevard, South of Broad | Sold at $3,050,000
31 Waterway Island Drive, Isle of Palms | Sold at $3,600,000
The Overview Q3 2023 vs Q3 2022
The Lowcountry NUMBER OF SALES
2,323
^
13.84%
AVERAGE DAYS ON MARKET
37
^
74.02%
AVERAGE SOLD PRICE PER SQFT
$465.55
^
5.07%
AVERAGE SALES PRICE
$1,019,068.11 4.33%
^
LIST TO SALES PRICE RATIO
96.99% ^ 0.77%
Q3 2023 Market Report Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
155 2023
204
24.02%
2022
AVERAGE DAYS ON MARKET
29
2023
18
61.11%
2022
AVERAGE SOLD PRICE PER SQFT
$321.86 2023
$282.07
14.11%
2022
AVERAGE SALES PRICE
$776,097 2023
18.50%
$654,947 2022
LIST TO SALES PRICE RATIO
98.55% 2023
0.31%
98.86% 2022
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area NUMBER OF SALES
179
2023
19.0%
221 2022
AVERAGE DAYS ON MARKET
23
2023
53.33%
15
2022
AVERAGE SOLD PRICE PER SQFT
$373.96 2023
3.82%
$360.19 2022
AVERAGE SALES PRICE
$690,900 2023
8.32%
$637,840 2022
LIST TO SALES PRICE RATIO
97.38% 2023
0.95%
98.33% 2022
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
106
144
26.39%
2023
2022
AVERAGE DAYS ON MARKET
16
16
2023
2022 AVERAGE SOLD PRICE PER SQFT
$331.28 2023
$322.30
2.79%
2022
AVERAGE SALES PRICE
$593,278 2023
$566,644
4.70%
2022
LIST TO SALES PRICE RATIO
98.79% 2023
0.63%
98.16% 2022
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
220 2023
15.06%
259 2022
AVERAGE DAYS ON MARKET
17
2023
70%
10
2022
AVERAGE SOLD PRICE PER SQFT
$242.19 2023
6.03%
$228.42 2022
AVERAGE SALES PRICE
$486,050 2023
14.75%
$423,588 2022
LIST TO SALES PRICE RATIO
100.02% 2023
0.24%
100.27% 2022
RURAL WEST ASHLEY Residential Sales | Greater Charleston Area NUMBER OF SALES
35
2023
50
30%
2022
AVERAGE DAYS ON MARKET
48
2023
24
100%
2022
AVERAGE SOLD PRICE PER SQFT
$253.10 2023
$269.14
5.96%
2022
AVERAGE SALES PRICE
$547,645 2023
$607,709
9.88%
2022
LIST TO SALES PRICE RATIO
97.27% 2023
0.27%
97.54% 2022
SUMMERVILLE Residential Sales | Greater Charleston Area NUMBER OF SALES
472 2023
1.87%
481 2022
AVERAGE DAYS ON MARKET
38
2023
72.73%
22
2022
AVERAGE SOLD PRICE PER SQFT
$191.01 2023
3.73%
$184.14 2022
AVERAGE SALES PRICE
$399,144 2023
1.02%
$403,257 2022
LIST TO SALES PRICE RATIO
98.79% 2023
0.72%
99.51% 2022
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
96
114
15.79%
2023
2022
AVERAGE DAYS ON MARKET
26
13
100%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$276.95
$243.65
13.67%
2023
2022
AVERAGE SALES PRICE
$383,270 2023
$321,739
19.12%
2022
LIST TO SALES PRICE RATIO
99.32% 2023
0.01%
99.33% 2022
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
186 2023
247
24.70%
2022
AVERAGE DAYS ON MARKET
20
2023
14
42.86%
2022
AVERAGE SOLD PRICE PER SQFT
$198.38 2023
4.18%
$190.42 2022
AVERAGE SALES PRICE
$307,002 2023
7.09%
$286,666 2022
LIST TO SALES PRICE RATIO
99.27% 2023
0.92%
100.19% 2022
KIAWAH ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
32
24
33.33%
2023
2022
AVERAGE DAYS ON MARKET
47
19
147.37%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$717.49
16.90%
2023
$863.42 2022
AVERAGE SALES PRICE
$1,233,047 2023
48.34%
$2,386,792 2022
LIST TO SALES PRICE RATIO
96.87% 2023
98.50%
1.63%
2022
Kiawah Island stats from Charleston MLS only
SEABROOK ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
48
11.11%
2023
54
2022
AVERAGE DAYS ON MARKET
21
10.53%
2023
19
2022
AVERAGE SOLD PRICE PER SQFT
$561.00 2023
12.87%
$497.02 2022
AVERAGE SALES PRICE
$1,077,065 2023
22.64%
$878,243 2022
LIST TO SALES PRICE RATIO
97.43% 2023
1.45%
98.88% 2022
SULLIVAN’S ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
7
9
22.22%
2023
2022
AVERAGE DAYS ON MARKET
145
27
437.04%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$1,311.42 2023
$1,133.34
15.71%
2022
AVERAGE SALES PRICE
$3,546,714 2023
15.26%
$4,185,167 2022
LIST TO SALES PRICE RATIO
95.41% 2023
0.92%
96.33% 2022
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area NUMBER OF SALES
61
61
2023
2022 AVERAGE DAYS ON MARKET
72
35
105.71%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$804.09
4.03%
2023
$772.92 2022
AVERAGE SALES PRICE
$1,933,264 2023
21.22%
$1,594,869 2022
LIST TO SALES PRICE RATIO
95.60% 2023
0.11%
95.50% 2022
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
202
13.68%
2023
234 2022
AVERAGE DAYS ON MARKET
21
10.53%
2023
19
2022
AVERAGE SOLD PRICE PER SQFT
$476.26 2023
$433.21
9.94%
2022
AVERAGE SALES PRICE
$1,108,164 2023
13.80%
$973,805 2022
LIST TO SALES PRICE RATIO
97.24% 2023
0.44%
97.68% 2022
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
244
17.01%
2023
294 2022
AVERAGE DAYS ON MARKET
20
42.86%
2023
14
2022
AVERAGE SOLD PRICE PER SQFT
$335.69 2023
7.20%
$313.13 2022
AVERAGE SALES PRICE
$903,195 2023
14.31%
$790,148 2022
LIST TO SALES PRICE RATIO
99.47% 2023
0.62%
98.85% 2022
WANDO/CAINHOY Residential Sales | Greater Charleston Area NUMBER OF SALES
79
86
8.14%
2023
2022
AVERAGE DAYS ON MARKET
27
58.82%
2023
17
2022
AVERAGE SOLD PRICE PER SQFT
$289.90 2023
$272.98
6.20%
2022
AVERAGE SALES PRICE
$690,876 2023
14.50%
$603,374 2022
LIST TO SALES PRICE RATIO
98.94% 2023
0.54%
99.48% 2022
DANIEL ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
73
65
12.31%
2023
2022
AVERAGE DAYS ON MARKET
28
14
100%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$515.99 2023
4.77%
$492.50 2022
AVERAGE SALES PRICE
$1,532,777 2023
7.69%
$1,660,378 2022
LIST TO SALES PRICE RATIO
97.22% 2023
1.14%
98.36% 2022
Q3 2023 Market Report Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
93
97
4.12%
2023
2022
AVERAGE DAYS ON MARKET
46
61
24.59%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$681.91 2023
$665.88
2.41%
2022
AVERAGE SALES PRICE
$1,310,689 2023
10.53%
$1,464,897 2022
LIST TO SALES PRICE RATIO
94.55% 2023
3.20%
97.75% 2022
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
35
52
32.69%
2023
2022
AVERAGE DAYS ON MARKET
19
24
20.83%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$497.50 2023
10.30%
$451.04 2022
AVERAGE SALES PRICE
$824,049 2023
12.26%
$734,062 2022
LIST TO SALES PRICE RATIO
98.13% 2023
0.14%
97.99% 2022
SOUTH OF BROAD Residential Sales | Greater Charleston Area NUMBER OF SALES
18
25
28.00%
2023
2022
AVERAGE DAYS ON MARKET
79
50
58.00%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$927.03 2023
$836.27
10.85%
2022
AVERAGE SALES PRICE
$2,815,583 2023
$2,736,720
2.88%
2022
LIST TO SALES PRICE RATIO
93.50% 2023
3.53%
97.02% 2022
HARLESTON VILLAGE Residential Sales | Greater Charleston Area NUMBER OF SALES
17
15
13.33%
2023
2022
AVERAGE DAYS ON MARKET
32
16
100%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$682.38 2023
1.22%
$690.79 2022
AVERAGE SALES PRICE
$1,226,353 2023
0.47%
$1,220,610 2022
LIST TO SALES PRICE RATIO
94.58% 2023
3.97%
98.56% 2022
FRENCH QUARTER Residential Sales | Greater Charleston Area NUMBER OF SALES
3
19
84.21%
2023
2022
AVERAGE DAYS ON MARKET
60
53
13.21%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$656.53
20.34%
2023
$824.12 2022
AVERAGE SALES PRICE
$1,400,000 2023
$1,454,368
3.74%
2022
LIST TO SALES PRICE RATIO
75.20% 2023
20.88%
96.08% 2022
ANSONBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
4
6
33.33%
2023
2022
AVERAGE DAYS ON MARKET
2
5
60%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$1003.48 2023
46.85%
$683.34 2022
AVERAGE SALES PRICE
$1,541,250 2023
5.20%
$1,465,000 2022
LIST TO SALES PRICE RATIO
98.17% 2023
0.90%
99.06% 2022
RADCLIFFEBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
9
8
12.50%
2023
2022
AVERAGE DAYS ON MARKET
38
47
19.15%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$673.57
35.53%
2023
$497.00 2022
AVERAGE SALES PRICE
$1,051,500 2023
$973,000
8.07%
2022
LIST TO SALES PRICE RATIO
99.89% 2023
1.80%
98.09% 2022
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
12
15
20%
2023
2022
AVERAGE DAYS ON MARKET
31
11
181.82%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$686.50
16.67%
2023
$588.42 2022
AVERAGE SALES PRICE
$1,027,542 2023
13.16%
$908,017 2022
LIST TO SALES PRICE RATIO
96.51% 2023
4.89%
101.40% 2022
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area NUMBER OF SALES
10
18
44.44%
2023
2022
AVERAGE DAYS ON MARKET
15
21
28.57%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$541.89
$447.46
21.10%
2023
2022
AVERAGE SALES PRICE
$1,046,870 2023
$788,889
32.70%
2022
LIST TO SALES PRICE RATIO
100.11% 2023
2.33%
97.78% 2022
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
0
1
2023
2022 AVERAGE DAYS ON MARKET
0
7
2023
2022 AVERAGE SOLD PRICE PER SQFT
$0
$728.72
2023
2022
AVERAGE SALES PRICE
$0
$2,200,000
2023
2022
LIST TO SALES PRICE RATIO
0% 2023
101.15% 2022
Nothing Compares.
33 BROAD STREET, CHARLESTON, SC 29401 DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated. 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.