Housing Market Correction?

Latest Trends Show

Average 3 Bedroom Home Price in the Charleston, Summerville SC MLS Falls For Third Month In A Row

According to the most recent data from the Charleston Trident Association of REALTORS (CTAR) the average previously owned 3 bedroom home has fallen by $22,274 to $374,549 since its all-time high of $396,823 in June of 2021.

According to CTAR during June 2020 the average previously owned 3 bedroom home was $305,629. The astonishing year-over-year increase to June 2021 was 23%, an unsustainable rate of appreciation.

Greg Flanagan

SC Real Estate Broker #58573

Looking for your own neighborhood update? Drop us a line or visit us at www.SCSOLD.com

SCSOLD.com and Flanagan Home Team are affiliated with Keller Williams Charleston/West Ashley. Servicing Charleston, Berkeley, and surrounding Counties in South Carolina