Welcome to our April 2021 market update. Let’s take a look at the most recent residential real estate numbers in Charleston for March 2021:

• Active listings are down 67% from March 2020 and 21% from the previous month. This lower inventory means that buyers who have been waiting may have had a smaller selection to choose from.
• The median list price was just over $434,000.
• The average days on market is down 47% from March 2020, which is a positive trend in the local inventory turnover rate.
• The median sale price was $315,000. 
• The number of units sold is up 1% from last year and 36% from last month. 

These figures indicate that buyers are taking advantage of this market. If you have any questions for us about these numbers or anything else related to real estate, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.