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.
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