April 2023

Found 1 blog entry for April 2023.

So far in 2023, the Charleston real estate market is performing much stronger than forecasters expected. Ratified contracts in March of 2023 ended up being only 5% shy of the March 2022 figure even though sales were anticipated to be 15% less. In short, the 2023 local real estate market won’t match the stellar, record breaking 2022 sales figures. However, even with higher interest rates and a low supply of homes for sale, Charleston is outpacing the 15 year average each week for written sales. (See this chart which shows 2023 ratified contracts by the green line, 2022 ratifieds by the orange line, and the 15 year average in blue.)

charleston home sales 2023

Last week the Charleston housing market saw 359 properties go under contract which makes it the third best week so far

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