When we look at a month of real estate activity, it is tempting to ask one simple question: did prices go up or did they go down? After reviewing the residential homes that closed throughout August 2026, I do not think the Charleston-area market gives us such a simple answer. Prices moved up and down from one day to another, but much of that movement came from the types and locations of homes that happened to close that day. August did not appear to be a month when the market suddenly changed direction. Instead, it showed a market where buyers continued to purchase many of the same kinds of homes in many of the same places, while becoming increasingly dependent upon price, condition, location and overall value working together.
The first thing that became obvious when looking at August one day at a time was...
If we want to understand what buyers are looking for right now, one useful place to start is with the homes they actually chose. From Friday, August 14 through Sunday, August 16, 2026, 151 homes went under contract in Charleston, Berkeley and Dorchester Counties. Charleston County accounted for 66 of those contracts, Berkeley County had 55, and Dorchester County had 30. One weekend does not establish a long-term market trend, but it does give sellers a useful snapshot of the homes buyers were willing to act on.
Detached homes clearly led the market. Across the three counties, 125 of the 151 contracts, or about 83%, were detached homes. Charleston County had 56 detached and 10 attached contracts. Berkeley County had 42 detached and 13 attached, while Dorchester County had 27 detached and only three attached. This does not mean attached homes are not selling, but it does show that detached homes represented most of...
When homeowners see a house go under contract almost immediately, it is easy to assume there must have been something unusually special about it. Maybe it was completely remodeled. Maybe it was priced too low. Maybe the market suddenly became hot again. But when I looked at 12 recent homes that received ratified contracts within their first one to three days on the market, the answer was more interesting.
These homes were not all alike. They ranged from a $230,000 Ladson home being sold as-is to a $739,000 coastal home near the beach. Some were almost 50 years old. Others were brand-new construction. Some had pools, some had small yards, one was a one-bedroom condo, and several were fairly ordinary homes in established neighborhoods. The average home was about 1,791 square feet and the average contract happ...
The homes that go under contract give us one of the clearest pictures of what buyers are willing to choose. They do not tell us what every buyer wants, and they do not show the final sales price. However, they do show which homes were attractive enough for a buyer and seller to reach an agreement. Between July 31 and August 3, 2026, 200 homes went under contract across Charleston, Berkeley and Dorchester Counties. The numbers show that buyers are still active, but their choices are strongly connected to price, bedroom count, property type and location.
Charleston County had the greatest number of contracts, with 95 homes ratified during the four-day period. The median list price was $599,000, which was considerably higher than the median prices in Berkeley and Dorchester Counties. The typical Charleston County...
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