2021 ANNUAL
MARKET REPO RT CHARLESTON AREA
2021 Featured Sold Properties COVER HOME
221 Ocean Marsh Drive, Kiawah Island | Sold at $4,775,000
2170 Wappoo Hall Road, Charleston | Sold at $4,750,000
173 Broad Street, Charleston | Sold at $3,800,000
The Overview 2021 vs 2020
The Lowcountry NUMBER OF SALES
14,610 6%
^
AVERAGE DAYS ON MARKET
39
50%
^
AVERAGE SOLD PRICE PER SQFT
$369.85
^
20%
AVERAGE SALES PRICE
$837,685
^
23%
LIST TO SALES PRICE RATIO
98.36% 1.9%
^
2021 Annual Market Report Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,147
1,026
11.8%
2021
2020
AVERAGE DAYS ON MARKET
23
55
58.2%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$221.71
52.2% $463.46 2020
2021
AVERAGE SALES PRICE
$507,007 2021
17.7%
$430,716 2020
LIST TO SALES PRICE RATIO
99.40% 2021
1.23%
98.17% 2020
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,195
1,223
2.3%
2021
2020
AVERAGE DAYS ON MARKET
25
53
52.8%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$293.64
17.6% $249.80 2020
2021
AVERAGE SALES PRICE
$526,113 2021
14.7%
$458,856 2020
LIST TO SALES PRICE RATIO
99.25% 2021
2.06%
97.19% 2020
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
795
760
4.6%
2021
2020
AVERAGE DAYS ON MARKET
27
47
42.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$253.13
15.4% $219.35 2020
2021
AVERAGE SALES PRICE
$495,784 2021
25.4%
$395,418 2020
LIST TO SALES PRICE RATIO
106.41% 2021
9.08%
97.33% 2020
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,139
1,341
15.1%
2021
2020
AVERAGE DAYS ON MARKET
16
40
60.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$187.09
$155.72
20.1%
2021
2020
AVERAGE SALES PRICE
$349,849 2021
14.7%
$304,927 2020
LIST TO SALES PRICE RATIO
99.86% 2021
1.19%
98.67% 2020
RURAL WEST ASHLEY
Residential Sales | Greater Charleston Area NUMBER OF SALES
223
175
27.4%
2021
2020
AVERAGE DAYS ON MARKET
47
83
43.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$220.08
18.8% $185.26 2020
2021
AVERAGE SALES PRICE
$554,841 2021
27.0% $436,731 2020
LIST TO SALES PRICE RATIO
98.91% 2021
2.11%
96.80% 2020
SUMMERVILLE
Residential Sales | Greater Charleston Area NUMBER OF SALES
2,399
2,208
8.7%
2021
2020
AVERAGE DAYS ON MARKET
18
43
58.1%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$154.95
$135.83
14.1%
2021
2020
AVERAGE SALES PRICE
$338,949 2021
15.8%
$292,785 2020
LIST TO SALES PRICE RATIO
99.99% 2021
0.80%
99.18% 2020
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
535
481
11.2%
2021
2020
AVERAGE DAYS ON MARKET
28
48
41.7%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$203.75
21.4% $167.90 2020
2021
AVERAGE SALES PRICE
$291,957 2021
15.6%
$252,641 2020
LIST TO SALES PRICE RATIO
99.51% 2021
1.36%
98.16% 2020
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,153
1,017
13.4%
2021
2020
AVERAGE DAYS ON MARKET
14
30
53.3%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$156.20
$131.28
19.0%
2021
2020
AVERAGE SALES PRICE
$240,820 2021
13.8%
$211,657 2020
LIST TO SALES PRICE RATIO
100.38% 2021
1.28%
99.10% 2020
KIAWAH ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
188
202
6.9%
2021
2020
AVERAGE DAYS ON MARKET
69
195
64.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$755.97
63.1%
2021
$463.50 2020
AVERAGE SALES PRICE
$1,514,526 2021
39.1%
$1,088,716 2020
LIST TO SALES PRICE RATIO
98.06% 2021
3.70%
View Kiawah Island Listings
94.35% 2020
Kiawah Island stats from Charleston MLS only
SEABROOK ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
243
293
17.1%
2021
2020
AVERAGE DAYS ON MARKET
41
149
72.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$374.64 2021
31.7%
$284.53 2020
AVERAGE SALES PRICE
$711,375 2021
13.0%
$629,560 2020
LIST TO SALES PRICE RATIO
98.16% 2021
3.62%
94.55% 2020
SULLIVAN’S ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
56
56
43.8%
2021
2020
AVERAGE DAYS ON MARKET
82
106
22.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$1,065.74 2021
28.8% $827.42 2020
AVERAGE SALES PRICE
$3,123,406 2021
27.0%
$2,459,372 2020
LIST TO SALES PRICE RATIO
96.49% 2021
0.59%
95.90% 2020
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area
NUMBER OF SALES
422
461
8.5%
2021
2020
AVERAGE DAYS ON MARKET
60
129
53.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$684.03
48.4%
2021
$460.97 2020
AVERAGE SALES PRICE
$1,499,476 2021
39.8%
$1,072,265 2020
LIST TO SALES PRICE RATIO
97.87% 2021
2.39%
95.48% 2020
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,515
1,374
10.3%
2021
2020
AVERAGE DAYS ON MARKET
25
59
57.6%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$336.49
16.9% $287.76 2020
2021
AVERAGE SALES PRICE
$750,687 2021
18.3%
$634,549 2020
LIST TO SALES PRICE RATIO
98.97% 2021
1.68%
97.28% 2020
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area
NUMBER OF SALES
1,596
1,669
4.4%
2021
2020
AVERAGE DAYS ON MARKET
18
55
67.3%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$246.28
19.3%
2021
$206.44 2020
AVERAGE SALES PRICE
$647,846 2021
18.7%
$545,668 2020
LIST TO SALES PRICE RATIO
100.72% 2021
2.25% 98.47% 2020
WANDO/CAINHOY
Residential Sales | Greater Charleston Area NUMBER OF SALES
490
332
47.6%
2021
2020
AVERAGE DAYS ON MARKET
26
63
58.7%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$221.34
12.5% $196.71 2020
2021
AVERAGE SALES PRICE
$559,879 2021
24.2%
$450,659 2020
LIST TO SALES PRICE RATIO
99.42% 2021
0.91% 98.51% 2020
DANIEL ISLAND
Residential Sales | Greater Charleston Area NUMBER OF SALES
493
494
0.2%
2021
2020
AVERAGE DAYS ON MARKET
29
58
50.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$390.51
31.9% $296.16 2020
2021
AVERAGE SALES PRICE
$1,214,630 2021
27.5%
$952,532 2020
LIST TO SALES PRICE RATIO
98.77% 2021
1.16%
97.61% 2020
Our heritage in the Lowcountry runs deep.
Where our clients are family and our neighbors are friends. We live here. We work here. We love it here.
Our Offices CHARLESTON, SC
HILTON HEAD ISLAND, SC
BLUFFTON, SC
SAVANNAH, GA
33 BROAD STREET 843.723.7150
23-A SHELTER COVE LANE 843.341.2623
49 BOUNDARY STREET 843.836.3900
17 W CHARLTON STREET 912.234.3323
WWW.DANIELRAVENELSIR.COM Each Office is Independently Owned and Operated.
2021 Annual Market Report Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area
NUMBER OF SALES
736
421
74.8%
2021
2020
AVERAGE DAYS ON MARKET
101
138
26.8%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$534.78
14.0% $469.30 2020
2021
AVERAGE SALES PRICE
$1,131,167 2021
4.9%
$1,078,061 2020
LIST TO SALES PRICE RATIO
96.04% 2021
1.84%
94.20% 2020
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area
NUMBER OF SALES
285
245
16.3%
2021
2020
AVERAGE DAYS ON MARKET
58
62
6.5%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$357.01
$329.61
8.3%
2021
2020
AVERAGE SALES PRICE
$619,104 2021
12.1%
$552,492 2020
LIST TO SALES PRICE RATIO
98.40% 2021
1.67%
96.73% 2020
SOUTH OF BROAD
Residential Sales | Greater Charleston Area NUMBER OF SALES
181
96
88.5%
2021
2020
AVERAGE DAYS ON MARKET
112
175
36.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$677.91
11.4%
2021
$608.27 2020
AVERAGE SALES PRICE
$1,987,146 2021
3.4%
$2,057,471 2020
LIST TO SALES PRICE RATIO
95.80% 2021
3.14%
92.67% 2020
HARLESTON VILLAGE
Residential Sales | Greater Charleston Area NUMBER OF SALES
140
91
53.8%
2021
2020
AVERAGE DAYS ON MARKET
90
155
41.9%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$500.29
9.5% $456.85 2020
2021
AVERAGE SALES PRICE
$1,071,353 2021
10.9%
$965,761 2020
LIST TO SALES PRICE RATIO
95.34% 2021
0.40%
94.94% 2020
FRENCH QUARTER
Residential Sales | Greater Charleston Area NUMBER OF SALES
32
14
128.6%
2021
2020
AVERAGE DAYS ON MARKET
115
71
62.0%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$682.23
5.6% $646.35 2020
2021
AVERAGE SALES PRICE
$1,023,406 2021
39.1%
$1,681,786 2020
LIST TO SALES PRICE RATIO
95.53% 2021
1.26%
96.79% 2020
ANSONBOROUGH
Residential Sales | Greater Charleston Area NUMBER OF SALES
32
17
88.2%
2021
2020
AVERAGE DAYS ON MARKET
126
108
16.7%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$573.77
$547.70
4.8%
2021
2020
AVERAGE SALES PRICE
$1,244,570 2021
8.6%
$1,361,139 2020
LIST TO SALES PRICE RATIO
94.73% 2021
1.21%
95.95% 2020
RADCLIFFEBOROUGH
Residential Sales | Greater Charleston Area NUMBER OF SALES
63
42
50.0%
2021
2020
AVERAGE DAYS ON MARKET
135
165
18.2%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$421.99
8.4% $389.40 2020
2021
AVERAGE SALES PRICE
$733,228 2021
12.6%
$651,039 2020
LIST TO SALES PRICE RATIO
98.02% 2021
3.23%
94.79% 2020
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area
NUMBER OF SALES
80
62
29.0%
2021
2020
AVERAGE DAYS ON MARKET
76
92
17.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$451.01
32.9% $339.29 2020
2021
AVERAGE SALES PRICE
$748,950 2021
19.2%
$628,217 2020
LIST TO SALES PRICE RATIO
97.86% 2021
2.17%
95.69% 2020
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area
NUMBER OF SALES
95
93
2.2%
2021
2020
AVERAGE DAYS ON MARKET
50
55
9.1%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$373.72
15.4% $323.79 2020
2021
AVERAGE SALES PRICE
$690,365 2021
12.8%
$612,012 2020
LIST TO SALES PRICE RATIO
98.43% 2021
2.38%
96.05% 2020
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area
NUMBER OF SALES
23
14
64.3%
2021
2020
AVERAGE DAYS ON MARKET
103
95
8.4%
2021
2020
AVERAGE SOLD PRICE PER SQFT
$458.54
4.6% $438.42 2020
2021
AVERAGE SALES PRICE
$949,739 2021
20.9%
$1,200,346 2020
LIST TO SALES PRICE RATIO
95.09% 2021
3.14%
98.23% 2020
Nothing Compares.
33 BROAD STREET, CHARLESTON, SC 29401 | 843.723.7150 | DANIELRAVENELSIR.COM | OPEN 7 DAYS A WEEK Each Office is Independently Owned and Operated. Based on information from the Charleston Trident MLS for the period 1/1/21-12/31/21. © MMXVI 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. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks licensed to Sotheby’s International Realty Affiliates LLC. All rights reserved. This material may not be reproduced, displayed, modified or distributed without the express prior written consent of the copyright holder.