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Charleston Reporter

Friday, November 22, 2024

Charleston County home prices fell in Q1

Re 11

The median sale price of a home sold in the first quarter of 2023 in Charleston County fell by $2,500 while total sales decreased by 39.9%.

From January through March of 2023, there were 1,041 homes sold, with a median sale price of $397,500 - a 0.6% decrease from the $400,000 median sale price for the same period of the previous year. There were 1,733 homes sold in Charleston County in the first quarter of 2022.

The median sales tax in Charleston County for the most recent year with available data, 2019, was $1,566 approximately 0.4% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Charleston County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$400000$400000$447000$447000$415000$415000$400000$400000$397500$397500

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