Charleston Real Estate Market Update

Reporting Period: February 6–12, 2026

The Charleston residential real estate market saw a flurry of activity this past week, with 298 properties going under contract. The data reveals a diverse market, with luxury estates on the Peninsula and accessible family homes in Summerville moving at a steady pace.

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🏠 Single-Family Homes: Fast-Paced & Diverse

Of the nearly 300 properties under contract, 235 were single-family homes. The market remains active across all price points, with brisk sales.

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Market Velocity by Price Point:

• Affordability: 17 homes went under contract for under $250,000.
• Luxury: 34 homes listed over $1 million.
  
  • 15 exceeded $2 million.
  • 5 topped $3 million.

📍 Neighborhood Highlights

The Peninsula & Mt. Pleasant (Luxury Leaders)

The Charleston Peninsula continues to command the highest prices in the region.

• Charleston Peninsula: 11 contracts ranging from $400k to $10 million.
  
  • Median List Price: $2.25M | Price/SqFt: $958
• Mt. Pleasant: 26 contracts.
  
  • Median List Price: $895,000 | High-End: 10 listings over $1M.

Island Living

Island properties remain highly desirable, with 51 total contracts signed this week.

• James Island: 20 contracts (Median: $687,000)
• Johns Island: 14 contracts (Median: $603,000)
• High-End Coastal: Notable sales on Kiawah ($1.75M), Isle of Palms ($3.6M), and Edisto (4 homes).

West Ashley & North Charleston

• West Ashley: 21 contracts (Median: $569,000), including two over $1M.
• North Charleston: 16 contracts (Median: $298,000), offering the most accessible entry points.

Summerville & The North Area

The highest volume of sales occurred in the northern suburbs:

• Summerville/Ladson: 57 contracts (Median: $375,000).
• Hanahan/Goose Creek/Moncks Corner: 50 contracts, with high activity in Cane Bay (8 homes).

🏢 Condos and Townhomes

The attached home market remains a vital segment for mid-range buyers.

• Total Under Contract: 53 units.
• Primary Price Bracket: 21 units fell between $300k–$499k.
• Luxury Segment: 4 units went under contract between $1.0M and $2.4M.

Market Summary: The second week of February confirms that while the luxury segment remains robust on the coast, the "North Area" continues to drive the region's volume, keeping the overall median price balanced for the Lowcountry.

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