Here’s your professional snapshot of real estate activity across the Lowcountry this month. As we move into early fall, the market continues its steady shift toward balance—still active, but with more breathing room for buyers and strategic opportunities for sellers. Whether you’re a homeowner, investor, or prospective buyer, keeping up with these trends will help you make confident decisions.
Key Developments:
• Median prices up +3.6% YoY, holding strong above $600K
• Days on Market stretched to 60 days, showing buyer caution
• Inventory up nearly +20% YoY, giving buyers more options
Market Insight:
Charleston County is still seller-friendly, but balance is creeping in. The luxury segment on Sullivan’s Island and downtown Charleston continues to draw high demand, but even premium homes are sitting longer. Well-prepared buyers now have more negotiating power.
Highlights:
• Median home price rose slightly, up +1.2% YoY
• Homes are taking longer to sell, averaging 66 days
• Inventory is building steadily, creating leverage for buyers
Market Insight:
Berkeley County’s steady, affordable appeal remains strong, particularly in Goose Creek. First-time buyers and investors continue to find opportunities here. The extra time on market favors buyers, who can now compare properties and negotiate.
By-the-Numbers:
• Median sale price up only +0.5% YoY—growth slowing
• Days on Market climbed to 63 days
• Supply rose to 3.8 months, giving buyers more breathing space
• Closed sales dipped ~18% compared to last September
Market Insight:
Dorchester County is clearly cooling. Summerville continues to attract families for its schools and community feel, but sellers are adjusting to longer timelines and fewer multiple-offer scenarios. Buyers benefit from improved leverage, though move-in-ready homes are still in demand.
Market Takeaways
- Charleston County: Still leaning seller-friendly, but balance is coming—higher prices, longer timelines, and more inventory.
- Berkeley County: Affordable and steady—value markets like Goose Creek offer buyers more negotiating room.
- Dorchester County: Cooling fastest—slower sales, rising supply, and opportunities for patient buyers.
What This Means for You
- Buyers: More homes, less rush. Take time to compare, negotiate, and shop smart.
- Sellers: Competitive pricing and strong staging are now critical to stand out.
- Investors: Goose Creek and Summerville remain hotspots for long-term appreciation and rental demand.
Want neighborhood-specific insights—like Mt. Pleasant, Goose Creek, or Summerville breakdowns with detailed charts?
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