2023 ANNUAL
MARK ET REPO RT CHARLESTON AREA
Featured Properties COVER HOME
2602 Atlantic Avenue, Sullivan’s Island | Sold for $7,000,000
3047 Marshgate Drive, Seabrook Island | Sold at $5,200,000
92 Tradd Street, South of Broad | Sold at $4,495,000
The Overview 2023 vs 2022
The Lowcountry NUMBER OF SALES
9,362
^
17.36%
AVERAGE DAYS ON MARKET
39
^
46.46%
AVERAGE SOLD PRICE PER SQFT
$466.93
^
0.97%
AVERAGE SALES PRICE
$1,073,528.39
^ 7.36% LIST TO SALES PRICE RATIO
96.84% ^ 1.78%
2023 Annual Market Report Section 1: Charleston Area
JOHNS ISLAND AND WADMALAW ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
870 2023
714
17.93%
2022
AVERAGE DAYS ON MARKET
29
2023
21
38.10%
2022
AVERAGE SOLD PRICE PER SQFT
$305.09 2023
56.35%
$698.92 2022
AVERAGE SALES PRICE
$730,180 2023
10.62%
$660,106 2022
LIST TO SALES PRICE RATIO
98.55% 2023
0.65%
99.19% 2022
JAMES ISLAND AND FOLLY BEACH Residential Sales | Greater Charleston Area NUMBER OF SALES
675 2023
953
29.17%
2022
AVERAGE DAYS ON MARKET
26
2023
18
44.44%
2022
AVERAGE SOLD PRICE PER SQFT
$362.89 2023
0.25%
$361.99 2022
AVERAGE SALES PRICE
$642,210 2023
2.09%
$629,058 2022
LIST TO SALES PRICE RATIO
97.75% 2023
1.65%
99.4% 2022
WEST ASHLEY (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
442
636
30.5%
2023
2022
AVERAGE DAYS ON MARKET
26
20
30%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$327.60 2023
$309.10
5.99%
2022
AVERAGE SALES PRICE
$565,089 2023
$531,511
6.32%
2022
LIST TO SALES PRICE RATIO
98.03% 2023
1.52%
99.55% 2022
WEST ASHLEY (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
876 2023
19.11%
1,083 2022
AVERAGE DAYS ON MARKET
25
2023
92.31%
13
2022
AVERAGE SOLD PRICE PER SQFT
$239.12 2023
8.11%
$221.18 2022
AVERAGE SALES PRICE
$473,361 2023
11.55%
$424,366 2022
LIST TO SALES PRICE RATIO
99.32% 2023
1.39%
100.71% 2022
RURAL WEST ASHLEY Residential Sales | Greater Charleston Area NUMBER OF SALES
162 2023
169
4.14%
2022
AVERAGE DAYS ON MARKET
57
2023
39.02%
41
2022
AVERAGE SOLD PRICE PER SQFT
$242.70 2023
$253.44
4.24%
2022
AVERAGE SALES PRICE
$621,640 2023
10.49%
$562,609 2022
LIST TO SALES PRICE RATIO
96.63% 2023
1.02%
97.65% 2022
SUMMERVILLE Residential Sales | Greater Charleston Area NUMBER OF SALES
1,847 2023
7.23%
1,991 2022
AVERAGE DAYS ON MARKET
39
2023
77.27%
22
2022
AVERAGE SOLD PRICE PER SQFT
$187.53 2023
4.66%
$179.18 2022
AVERAGE SALES PRICE
$397,888 2023
1.55%
$391,822 2022
LIST TO SALES PRICE RATIO
98.95% 2023
0.84%
99.78% 2022
NORTH CHARLESTON (INSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
400
467
14.35%
2023
2022
AVERAGE DAYS ON MARKET
28
16
75%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$261.31
$237.29
10.12%
2023
2022
AVERAGE SALES PRICE
$374,383 2023
$331,398
12.97%
2022
LIST TO SALES PRICE RATIO
98.41% 2023
1.45%
99.86% 2022
NORTH CHARLESTON/SUMMERVILLE (OUTSIDE I-526) Residential Sales | Greater Charleston Area NUMBER OF SALES
803
14.67%
2023
941 2022
AVERAGE DAYS ON MARKET
30
100%
2023
15
2022
AVERAGE SOLD PRICE PER SQFT
$195.86 2023
6.48%
$183.94 2022
AVERAGE SALES PRICE
$302,569 2023
7.66%
$281,053 2022
LIST TO SALES PRICE RATIO
99.14% 2023
1.30%
100.43% 2022
KIAWAH ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
120
144
16.67%
2023
2022
AVERAGE DAYS ON MARKET
54
29
86.21%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$778.15
$734.18
5.99%
2023
2022
AVERAGE SALES PRICE
$1,835,864 2023
2.69%
$1,787,822 2022
LIST TO SALES PRICE RATIO
98.35% 2023
99.21%
0.85%
2022
Kiawah Island stats from Charleston MLS only
SEABROOK ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
168
23.98%
2023
221 2022
AVERAGE DAYS ON MARKET
40
73.91%
2023
23
2022
AVERAGE SOLD PRICE PER SQFT
$547.21 2023
13.86%
$480.61 2022
AVERAGE SALES PRICE
$1,055,155 2023
13.23%
$931,897 2022
LIST TO SALES PRICE RATIO
96.85% 2023
1.39%
98.24% 2022
SULLIVAN’S ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
41
35
17.14%
2023
2022
AVERAGE DAYS ON MARKET
84
43
95.35%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$1,311.50 2023
$1,302.88
0.66%
2022
AVERAGE SALES PRICE
$4,057,098 2023
$3,913,361
3.67%
2022
LIST TO SALES PRICE RATIO
95.13% 2023
2.62%
97.75% 2022
ISLE OF PALMS/WILD DUNES Residential Sales | Greater Charleston Area NUMBER OF SALES
237
282
15.96%
2023
2022
AVERAGE DAYS ON MARKET
63
43
46.51%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$871.97 2023
4.94%
$830.96 2022
AVERAGE SALES PRICE
$1,810,119 2023
6%
$1,707,609 2022
LIST TO SALES PRICE RATIO
95.32% 2023
2.25%
97.57% 2022
MT. PLEASANT (SOUTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
759
24.33%
2023
1,003 2022
AVERAGE DAYS ON MARKET
25
56.25%
2023
16
2022
AVERAGE SOLD PRICE PER SQFT
$461.90 2023
$429.02
7.66%
2022
AVERAGE SALES PRICE
$1,062,351 2023
$971,905
9.31%
2022
LIST TO SALES PRICE RATIO
95.09% 2023
3.84%
98.93% 2022
MT. PLEASANT (NORTH OF IOP CONNECTOR) Residential Sales | Greater Charleston Area NUMBER OF SALES
1,020
16.19%
2023
1,217 2022
AVERAGE DAYS ON MARKET
30
66.67%
2023
18
2022
AVERAGE SOLD PRICE PER SQFT
$329.10 2023
7.32%
$306.66 2022
AVERAGE SALES PRICE
$881,618 2023
10.89%
$795,044 2022
LIST TO SALES PRICE RATIO
99.03% 2023
1.11%
100.14% 2022
WANDO/CAINHOY Residential Sales | Greater Charleston Area NUMBER OF SALES
290 2023
276
5.07%
2022
AVERAGE DAYS ON MARKET
36
2023
56.52%
23
2022
AVERAGE SOLD PRICE PER SQFT
$300.83 2023
$278.67
7.95%
2022
AVERAGE SALES PRICE
$718,058 2023
$664,831
8.01%
2022
LIST TO SALES PRICE RATIO
98.72% 2023
0.92%
99.64% 2022
DANIEL ISLAND Residential Sales | Greater Charleston Area NUMBER OF SALES
278
296
6.08%
2023
2022
AVERAGE DAYS ON MARKET
33
18
83.33%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$504.95 2023
12.53%
$448.74 2022
AVERAGE SALES PRICE
$1,558,339 2023
13.23%
$1,376,307 2022
LIST TO SALES PRICE RATIO
97.24% 2023
1.95%
99.19% 2022
2023 Annual Market Report Section 2: Downtown Charleston
DOWNTOWN CHARLESTON (INSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
379
523
27.53%
2023
2022
AVERAGE DAYS ON MARKET
51
61
16.39%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$692.44 2023
$631.99
9.57%
2022
AVERAGE SALES PRICE
$1,415,856 2023
$1,319,998
7.26%
2022
LIST TO SALES PRICE RATIO
95.89% 2023
1.47%
97.37% 2022
DOWNTOWN CHARLESTON (OUTSIDE CROSSTOWN) Residential Sales | Greater Charleston Area NUMBER OF SALES
151
31.98%
2023
222 2022
AVERAGE DAYS ON MARKET
27
32.5%
2023
40
2022
AVERAGE SOLD PRICE PER SQFT
$484.59 2023
11.31%
$435.37 2022
AVERAGE SALES PRICE
$821,733 2023
14.54%
$717,401 2022
LIST TO SALES PRICE RATIO
98.09% 2023
0.94%
99.03% 2022
SOUTH OF BROAD Residential Sales | Greater Charleston Area NUMBER OF SALES
73
109
33.03%
2023
2022
AVERAGE DAYS ON MARKET
61
83
26.51%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$928.48 2023
$810.69
14.53%
2022
AVERAGE SALES PRICE
$3,203,378 2023
$2,614,058
22.54%
2022
LIST TO SALES PRICE RATIO
95.46% 2023
0.65%
96.12% 2022
HARLESTON VILLAGE Residential Sales | Greater Charleston Area NUMBER OF SALES
73
100
27%
2023
2022
AVERAGE DAYS ON MARKET
49
28
75%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$709.84 2023
16.16%
$611.10 2022
AVERAGE SALES PRICE
$1,369,479 2023
12.79%
$1,214,179 2022
LIST TO SALES PRICE RATIO
96.39% 2023
2.17%
98.56% 2022
FRENCH QUARTER Residential Sales | Greater Charleston Area NUMBER OF SALES
12
19
36.84%
2023
2022
AVERAGE DAYS ON MARKET
55
41
34.15%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$809.22 2023
$850.20
4.82%
2022
AVERAGE SALES PRICE
$1,239,250 2023
13.49%
$1,432,479 2022
LIST TO SALES PRICE RATIO
89.09% 2023
7.44%
96.53% 2022
ANSONBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
19
33
42.42%
2023
2022
AVERAGE DAYS ON MARKET
22
48
54.17%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$860.64 2023
25.77%
$684.30 2022
AVERAGE SALES PRICE
$1,267,727 2023
6.9%
$1,361,651 2022
LIST TO SALES PRICE RATIO
97.03% 2023
2.08%
99.12% 2022
RADCLIFFEBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
28
44
36.36%
2023
2022
AVERAGE DAYS ON MARKET
25
56
55.36%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$594.04 2023
$497.57
19.39%
2022
AVERAGE SALES PRICE
$953,429 2023
$896,673
6.33%
2022
LIST TO SALES PRICE RATIO
99.16% 2023
1.03%
98.13% 2022
CANNONBOROUGH/ELLIOTTBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
42
31
35.48%
2023
2022
AVERAGE DAYS ON MARKET
31
23
34.78%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$622.05
1.42%
2023
$630.99 2022
AVERAGE SALES PRICE
$1,098,119 2023
9.35%
$1,004,242 2022
LIST TO SALES PRICE RATIO
95.96% 2023
4.63%
100.6% 2022
WAGENER TERRACE/HAMPTON PARK Residential Sales | Greater Charleston Area NUMBER OF SALES
48
81
40.74%
2023
2022
AVERAGE DAYS ON MARKET
20
20
2023
2022 AVERAGE SOLD PRICE PER SQFT
$528.51 2023
$451.13
17.15%
2022
AVERAGE SALES PRICE
$1,017,327 2023
$833,364
22.07%
2022
LIST TO SALES PRICE RATIO
98.16% 2023
1.31%
99.46% 2022
MAZYCK/WRAGGBOROUGH Residential Sales | Greater Charleston Area NUMBER OF SALES
2
12
83.33%
2023
2022
AVERAGE DAYS ON MARKET
6
42
85.71%
2023
2022
AVERAGE SOLD PRICE PER SQFT
$483.19 2023
16.45%
$578.29 2022
AVERAGE SALES PRICE
$1,429,500 2023
0.61%
$1,420,833 2022
LIST TO SALES PRICE RATIO
90.76% 2023
8.02%
98.79% 2022
Nothing Compares.
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