Buyers are still buying — but they are choosing carefully.
I looked at MLS homes that went under contract from June 16–29, and the data tells a useful story for homeowners. The market is moving, but price positioning matters. Nearly half of the homes that went under contract had reduced their price before finding a buyer.
That does not mean sellers need to panic. It means sellers need clear information before they list, and current sellers need honest feedback while they wait.
I wrote this short breakdown to explain what buyers actually chose and what that may mean for homeowners thinking about selling.
Bonnie Wicks, licensed as Bonnie Jean Wicks Bertalot, is an Associate Broker with Carolina One Real Estate and team lead of Shoreline Key Team, serving Mount Pleasant, Charleston, Summerville, Han...
One of the questions I find myself wondering about lately is whether all of the new construction taking place throughout the Charleston area is changing the market for homeowners who may be considering selling an existing home.
It's a fair question.
Drive through parts of Berkeley County, Summerville, Goose Creek, or even portions of Mount Pleasant and you'll see new homes being built at a pace that would have been difficult to imagine a decade ago. Builders are opening new phases, releasing new lots, and offering incentives designed to attract buyers.
At the same time, thousands of pre-owned homes continue to come on the market and successfully go under contract.
So what does the data actually tell us?
I recently reviewed more than 800 pending...
This is one of those questions that sounds simple… until we actually start looking at homes together.
Because on paper, it looks like a straightforward decision:
New construction versus pre-owned.
But in Copahee View, Whitehall Terrace, and the surrounding area, that's not really the decision you're making.
You're not just choosing between a newer home and an older home.
You're choosing between different types of property that don't exist in the same way anymore.
Let me explain what I mean
When we start walking through new construction in this area, it feels exactly how most people expect.
It's clean.
It's open.
It's move-in ready.
And for a lot of buyers, that feels like the right answer immediately.
There's nothing wrong with that.
But then we step outside… and that's usually when the conversation shifts.
Because most of the newer homes in this area are built on subdivided lots.
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