2020 ANNUAL
MARKET REPO RT CHARLESTON AREA
Featured Properties COVER HOME
633 Barbados Drive | Charleston
1348 Muller Road | Blythewood
36 Prioleau Street, H & I | Charleston
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2020 Annual Market Report Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
1,026
842
21.9%
2020
2019
AVERAGE DAYS ON MARKET
55
60
8.3%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$463
$175
164.6%
2020
2019
AVERAGE SALES PRICE
$430,716 2020
11.2%
$387,172 2019
LIST TO SALES PRICE RATIO
98.17% 2020
0.07%
98.09% 2019
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area NUMBER OF SALES
1,223
1,138
7.5%
2020
2019
AVERAGE DAYS ON MARKET
53
57
7.0%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$250
$230
8.8%
2020
2019
AVERAGE SALES PRICE
$458,856 2020
9.9%
$417,409 2019
LIST TO SALES PRICE RATIO
97.19% 2020
0.04%
97.14% 2019
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
760
658
15.5%
2020
2019
AVERAGE DAYS ON MARKET
47
54
13.0%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$219
$203
7.9%
2020
2019
AVERAGE SALES PRICE
$395,418 2020
15.7%
$341,797 2019
LIST TO SALES PRICE RATIO
97.33% 2020
0.57%
96.76% 2019
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
1,341
1,138
17.8%
2020
2019
AVERAGE DAYS ON MARKET
40
48
16.7%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$156
$150
3.6%
2020
2019
AVERAGE SALES PRICE
$304,927 2020
9.0%
$279,855 2019
LIST TO SALES PRICE RATIO
98.67% 2020
0.23%
98.43% 2019
RURAL WEST ASHLEY Residential Sales | Greater Charleston Area NUMBER OF SALES
175
151
15.9%
2020
2019
AVERAGE DAYS ON MARKET
83
93
10.8%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$185
$160
16.1%
2020
2019
AVERAGE SALES PRICE
$436,731 2020
16.5% $374,906 2019
LIST TO SALES PRICE RATIO
96.80% 2020
0.18%
96.62% 2019
SUMMERVILLE Residential Sales | Greater Charleston Area NUMBER OF SALES
2,208
1,618
36.5%
2020
2019
AVERAGE DAYS ON MARKET
43
53
18.9%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$136
$128
5.9%
2020
2019
AVERAGE SALES PRICE
$292,785 2020
6.8%
$274,204 2019
LIST TO SALES PRICE RATIO
99.18% 2020
0.54%
98.64% 2019
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
481
454
5.9%
2020
2019
AVERAGE DAYS ON MARKET
48
59
18.6%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$168
$152
10.3%
2020
2019
AVERAGE SALES PRICE
$252,641 2020
13.4%
$222,815 2019
LIST TO SALES PRICE RATIO
98.16% 2020
0.63%
97.53% 2019
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
1,017
1,029
1.2%
2020
2019
AVERAGE DAYS ON MARKET
30
42
28.6%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$131
$120
9.3%
2020
2019
AVERAGE SALES PRICE
$209,754 2020
11.3%
$188,413 2019
LIST TO SALES PRICE RATIO
99.10% 2020
0.43%
98.67% 2019
KIAWAH ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
202
83
143.4%
2020
2019
AVERAGE DAYS ON MARKET
195
165
18.2%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$463
$402
15.3%
2020
2019
AVERAGE SALES PRICE
$1,088,716 2020
28.0%
$850,868 2019
LIST TO SALES PRICE RATIO
94.35% 2020
1.59%
View Kiawah Island Listings
92.77% 2019
SEABROOK ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
293
186
57.5%
2020
2019
AVERAGE DAYS ON MARKET
149
148
0.7%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$285
$241
18.2%
2020
2019
AVERAGE SALES PRICE
$629,560 2020
25.3%
$502,560 2019
LIST TO SALES PRICE RATIO
94.55% 2020
1.20%
93.34% 2019
SULLIVAN’S ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
56
54
3.7%
2020
2019
AVERAGE DAYS ON MARKET
106
137
22.6%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$827
$722
14.6%
2020
2019
AVERAGE SALES PRICE
$2,459,372 2020
9.7%
$2,241,396 2019
LIST TO SALES PRICE RATIO
95.90% 2020
2.85%
93.05% 2019
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area NUMBER OF SALES
461
289
59.5%
2020
2019
AVERAGE DAYS ON MARKET
129
128
0.8%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$461
$474
2.8%
2020
2019
AVERAGE SALES PRICE
$1,072,265 2020
1.3%
$1,058,180 2019
LIST TO SALES PRICE RATIO
95.48% 2020
1.06%
94.42% 2019
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
1,374
1,122
22.5%
2020
2019
AVERAGE DAYS ON MARKET
59
64
7.8%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$288
$268
7.4%
2020
2019
AVERAGE SALES PRICE
$634,549 2020
7.2%
$591,985 2019
LIST TO SALES PRICE RATIO
97.28% 2020
0.53%
96.76% 2019
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
1,669
1,483
12.5%
2020
2019
AVERAGE DAYS ON MARKET
55
73
24.7%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$206
$198
4.5%
2020
2019
AVERAGE SALES PRICE
$545,668 2020
7.2%
$508,832 2019
LIST TO SALES PRICE RATIO
98.47% 2020
0.03%
98.50% 2019
WANDO/CAINHOY Residential Sales | Greater Charleston Area NUMBER OF SALES
332
314
5.7%
2020
2019
AVERAGE DAYS ON MARKET
63
84
25.0%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$197
$195
0.7%
2020
2019
AVERAGE SALES PRICE
$450,659 2020
11.6%
$403,994 2019
LIST TO SALES PRICE RATIO
98.51% 2020
0.86%
97.65% 2019
DANIEL ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
494
348
42.0%
2020
2019
AVERAGE DAYS ON MARKET
58
79
26.6%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$296
$266
11.5%
2020
2019
AVERAGE SALES PRICE
$952,532 2020
21.5%
$784,237 2019
LIST TO SALES PRICE RATIO
97.61% 2020
0.50%
97.11% 2019
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2020 Annual Market Report Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
421
367
14.7%
2020
2019
AVERAGE DAYS ON MARKET
138
104
32.7%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$469
$492
4.5%
2020
2019
AVERAGE SALES PRICE
$1,078,061 2020
3.0%
$1,046,756 2019
LIST TO SALES PRICE RATIO
94.20% 2020
0.11%
94.10% 2019
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
245
204
20.1%
2020
2019
AVERAGE DAYS ON MARKET
62
81
23.5%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$330
$306
7.9%
2020
2019
AVERAGE SALES PRICE
$552,492 2020
13.4%
$487,310 2019
LIST TO SALES PRICE RATIO
96.73% 2020
1.14%
95.59% 2019
SOUTH OF BROAD Residential Sales | Greater Charleston Area NUMBER OF SALES
96
94
2.1%
2020
2019
AVERAGE DAYS ON MARKET
175
131
33.6%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$608
$608
2020
2019
AVERAGE SALES PRICE
$2,057,471 2020
8.9%
$1,888,985 2019
LIST TO SALES PRICE RATIO
92.67% 2020
0.68%
93.35% 2019
HARLESTON VILLAGE Residential Sales | Greater Charleston Area NUMBER OF SALES
91
68
33.8%
2020
2019
AVERAGE DAYS ON MARKET
155
101
53.5%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$457
$402
13.7%
2020
2019
AVERAGE SALES PRICE
$965,761 2020
19.2%
$809,907 2019
LIST TO SALES PRICE RATIO
94.94% 2020
0.60%
94.34% 2019
FRENCH QUARTER Residential Sales | Greater Charleston Area NUMBER OF SALES
14
16
12.5%
2020
2019
AVERAGE DAYS ON MARKET
71
137
48.2%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$646
$658
1.8%
2020
2019
AVERAGE SALES PRICE
$1,681,786 2020
40.7%
$1,195,469 2019
LIST TO SALES PRICE RATIO
96.79% 2020
5.86%
90.92% 2019
ANSONBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
17
15
13.3%
2020
2019
AVERAGE DAYS ON MARKET
108
99
9.1%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$548
$507
8.0%
2020
2019
AVERAGE SALES PRICE
$1,361,139 2020
41.2%
$964,233 2019
LIST TO SALES PRICE RATIO
95.95% 2020
2.97%
98.91% 2019
RADCLIFFEBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
42
24
75.0%
2020
2019
AVERAGE DAYS ON MARKET
165
109
51.4%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$389
$376
3.4%
2020
2019
AVERAGE SALES PRICE
$651,039 2020
0.1%
$650,458 2019
LIST TO SALES PRICE RATIO
94.79% 2020
2.91%
91.88% 2019
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
62
40
55.0%
2020
2019
AVERAGE DAYS ON MARKET
92
63
46.0%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$339
$430
21.1%
2020
2019
AVERAGE SALES PRICE
$628,217 2020
7.4%
$678,770 2019
LIST TO SALES PRICE RATIO
95.69% 2020
0.13%
95.56% 2019
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area NUMBER OF SALES
93
67
38.8%
2020
2019
AVERAGE DAYS ON MARKET
55
57
3.5%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$324
$318
1.8%
2020
2019
AVERAGE SALES PRICE
$612,012 2020
14.4%
$534,947 2019
LIST TO SALES PRICE RATIO
96.05% 2020
0.69%
95.36% 2019
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
14
8
75.0%
2020
2019
AVERAGE DAYS ON MARKET
95
64
48.4%
2020
2019
AVERAGE SOLD PRICE PER SQFT
$438
$455
3.7%
2020
2019
AVERAGE SALES PRICE
$1,200,346 2020
0.4%
$1,205,405 2019
LIST TO SALES PRICE RATIO
98.23% 2020
2.46%
95.77% 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.