What's Going On With The Market?

Hi, friends. It's Friday, which means I'm going to come to you live sharing a little bit of content, information, need to know about real estate in the Charleston market, and maybe a little bit of insight about what's happening across the nation. So real quick, this is my sixth Friday in a row to be traveling. Summertime is here and like so many other families, I get to travel and try to keep up with my kids' schedules. Summer is a schedule disruptor, that is for sure. So I'm trying to make the most of it with my family and having a little fun for myself. I hope that you're getting the opportunity to do the same, but what I do not ever tap out of is business.


And I tease a lot of times and I say the beauty of real estate is I can take it anywhere. The downside is I get to take it everywhere. So I'm committed to bringing you information every Friday about what the market's doing, and a little bit of insight, maybe about what to expect in transactions. So thank you for watching live if you are and if you're watching this as a replay, thank you for tapping in. Always set your notifications to alert if you want to. And if you find that it's relevant information and want to share it, please do so. Tag your friends, tag your family, tag your mama, tag your daddy, whoever needs to know about real estate, because if you own property, guess what? You need to understand what's happening in the market today. Because it's an investment. I don't care if you're living in it as your primary residence or maybe you're interested in buying an investment property and building wealth in real estate.


It is always relevant if you own property or are interested in property. So what's happening in the market today? Well, we are learning that there's about 22 active listings in our MLS and the Charleston tri county area, which incorporates Charleston, Berkeley and Dorchester County of the Charleston area. But nationwide inventory is starting to gain. So we are seeing more opportunities for buyers. So we're really starting to see this shift from what we would classify as needs and wants.

                       

And so in the past year and a half or so, it's been very focused on what buyers' needs are. There wants, their want list, it really comes very secondary and perhaps even not important if they are wanting or needing housing, then a lot of times we just really have to look and see what is on the market that meets those absolute needs and is in their price point and then go after it with everything we've got. We're starting to see a shift as the inventory increases nationwide, especially in our MLS. We're really starting to see more opportunities for buyers and getting to nail down some more of those wants that they've pinpointed for us.

                       

And so needs versus wants have been very different over the last year and a half. So some things that we've really noticed as well, whereas we've been doing business under that mindset of waving home inspections in some cases in some markets, not in all markets, but in some markets we've been waving home inspections. That's not advised in most cases and it's not a regular business practice that we're seeing right now either. So we're really starting to come back to the basics of our business as usual let's say, and a good, healthier business, a better way of doing business. So let's stay focused on what we can control on our contract agreements. And we are going into more of a due diligence period with clients. And so it just overall a better, healthier way of doing business. And we can really focus on again, those needs for what the seller wants and what our buyer wants.

                       

It's becoming more of an equalized housing opportunity for a lot of our buyers in the marketplace. And I do believe that will continue through the next six months. Our federal government has raised not interest rates, but they've done some impacts on the economy that has in essence raised our interest rates and it has slowed down the buying power a little bit. We are still seeing a lot of buyers on the market. They're just having more opportunities for what they can match with and having a better opportunity to be able to secure the house not only that they need, but also that they want. So if you are ready to buy, if you are... Maybe your rent has increased or maybe it's just, you don't love your house and you've been scared to list it, not knowing what the opportunities would be for the buying side.

                       

Let's talk about it, reach out to me. And now's a great time to talk about what your needs are and also what your wants are. Let's talk about the housing market in our local area though, for just a moment. We've had a bit of a slowdown on the buying side, we had 337 residential properties come on the market and under contract actually let me restate that, 337 residential properties go under contract this past week. Now, where is the buying trend? Where is the most activity happening? It's still in Berkeley County. It has been in Berkeley County and I don't see any end in sight. They do a great economic development over in Berkeley county and we are still seeing that the majority of opportunities for buying and selling are happening in Berkeley County. For instance, 89 out of the 337 properties that went under contract this week, 89 of them were over in Berkeley County and 17 of those were in new construction.

                       

For kind of a reflection on what is happening in the rest of the market, let's use Mount Pleasant for instance. So I've got my report in front of me. 27 properties went under contract over in Mount Pleasant and that is single family properties. The median sales price was $795,000. And that rounds out to be $337 a square foot, $337 a square foot and only three of those are new construction. Versus if we look at that Berkeley County area, those 89 single family properties that went under contract, we are at a median sales price of $370,000 and it's just shy of $200 a square foot. So a lot more value in Berkeley County, great quality of life, but with 17 new construction, we're just seeing a lot more new construction happening over there. And in essence, we're going to see more sales happening over there.

                       

Just to give you some insight for my Summerville viewers, 55 properties sold in Summerville for a median sales price of $339,000, which puts us at $190 a square foot median sales price. So if you own property in those different areas, that'll give you a little bit of a temperature. Now those are median. It all is dependent on your property, your value, the condition of it. Because we understand that market prices not only are reflective of the location, but also the condition of the property. At any time you're interested in learning about what your property is valued at, not because you want to sell it, but just because you're curious, maybe you want to pull some equity, maybe pull a HELOC off of the property and use that money that you have built in because everybody's gained a lot of equity in their homes in the last couple of years. Maybe you're interested in pulling a HELOC and so that you can use your money to go and purchase an investment property. I'm strong on building wealth in real estate.

                       

It's an excellent opportunity. I think we need to be divided in our investments. And so if you're interested at any point in doing that, reach out to me, I'd be glad to share information and insight into the best way to accomplish that goal. At any time, reach out to me, (843)-297-1935. I'm here for your real estate needs. And if you just want some contacts for business partners in the area, I'm a great resource for that as well. Take care, have a great holiday weekend. I look forward to seeing all your pictures and fun that you're having on social media. Make sure to connect with me at any time. Have a great day, bye guys.

That SC Real Estate Chick's Blog

Fountain in a park setting, framed by green hedges and palm trees, set against a watercolor sunset.
By Roni Haskell February 24, 2026
Hi friends! February buying activity continues to show steady momentum across the region. Contract volume is healthy and buyer demand remains present, even if the pace has not fully shifted into the spring surge yet. This past week delivered strong pricing signals, which is always an encouraging indicator for sellers watching the market closely. A total of 280 residential properties moved under contract. Single family attached activity accounted for 57 of those, including 6 sales above 1 million. The detached segment remained the primary driver with 215 homes going under contract. Median list price held firm at $565,000 with median price per square foot at $274. High end demand was clearly visible with 46 homes above 1 million. 
Park with a fountain, flower beds, sculptures, and lampposts under a blue sky.
By David Caraviello Special to The Post and Courier February 24, 2026
Its roots trace back to the early 1700s, when it emerged as a settlement of stores and taverns at the crossroads of the Cherokee Path and the road between Charleston and Santee. Today Moncks Corner offers a slice of vintage Lowcountry, complete with grand oaks and an expansive waterfront, imbued with a small-town atmosphere where shopkeepers regularly know their customers by name. Indeed, Moncks Corner can often seem like a throwback to what all of greater Charleston once felt like decades ago —all of it alongside Lake Moultrie, the 60,000-acre reservoir that’s a haven for boaters and anglers. It’s a place where the pace of life is a little slower, where outdoor activities are always close at hand, and where the vibe and the setting combine to create an irresistible allure for many homebuyers in the Lowcountry. “Moncks Corner is a slower-paced community with fewer people, less traffic, and less density of stores than most suburbs of Charleston,” said Roni Haskell, broker associate and agent at Roni and Co., a Keller Williams Realty affiliate. “It offers a small town feel with Southern barbecue hot spots and seasonal farmers market. The downtown redevelopment project that was approved in the fall of 2025 brings promise of revitalization that will give residents a fresh feel to town, but also attract new residents.” Morgan Brinson Fann, co-owner and broker-in-charge at Carolina Life Real Estate and Auctions in Moncks Corner, was born in the Berkeley County town and except for one year, has lived there her entire life. “A lot of people have stayed,” she said. “I like going to the store and running into people that I grew up with. It still has that hometown feel to it.” Kristen Conley, broker and lead at the Conley and Co. Team of Modern + Main Realty, can relate. She lives on the lake in nearby Bonneau Beach, in the home her grandparents once lived in, and has worked in Moncks Corner nearly her entire career. “I like that it’s small, and when you into the bank or a restaurant, people know who you are,” she said. “It’s quiet here. You have that slower pace of life. I can come home and feel like I can relax.” Others would agree. The 2024 U.S. Census found that Moncks Corner was the third fastest-growing city or town in South Carolina, seeing a 10.2 percent increase in population from the previous year. The town has become a hub of new home construction, with new home communities dotting both sides of U.S. Highway 52. More than 52 percent of all homes sold in the Moncks Corner/Goose Creek area in 2025 were new construction, according to the Charleston Trident Association of Realtors. In many minds, a Moncks Corner home is envisioned as a residence in an established neighborhood like Fairlawn Barony or Berkeley Country Club, situated on a large lot replete with oaks and azaleas. But more and more often, it’s becoming a newer build in a community like Abbey Walk by Dream Finders Homes, Lakeview at Kitfield by D.R. Horton, or Cypress Preserve by Lennar. “New construction is really what’s selling the most,” Conley said. “It’s not because older homes aren’t selling — we just don’t have the same type of inventory for those. If we had more inventory in those established neighborhoods, that would 100 percent be a draw. But in new neighborhoods, there are just so many more options.” Prices from the $200,000s No question, Moncks Corner has a luxury market — there are several million-dollar listings for new builds in Wassamassaw Plantation, a five-bedroom home on 5.78 acres at 369 Edisto Drive recently hit the market with a list price of $1.35 million, and a 5,100-square-foot home on the lakefront in nearby Pinopolis sold late last year for $1.375 million. But to many prospective home buyers, Moncks Corner brings something else to mind: affordability. The average sales price in Moncks Corner since the first of the year is $360,000, Haskell said, making it “a more affordable area for buyers.” The median sales price for the Moncks Corner/Goose Creek area in 2025 was $387,662 —up 1.3 percent from the previous year, according to CTAR, but still well below the Charleston area median of $426,947. So far in 2026, Haskell added, Moncks Corner sales have averaged $177 per square foot. “There’s definitely availability for first-time homebuyers,” said Fann, who estimated that first-time buyers are 40 percent of her business. “For the longest time, Moncks Corner did not have any townhomes, and now they’re going up everywhere. While anything under $300,000 is going to be hard to come by, it is affordable for a lot of people.” The abundance of new construction has certainly played a role in that. Of the 148 homes under contract in Moncks Corner as of Feb. 16, Haskell said, 81 of them were new builds or proposed new builds. Available new detached single-family listings began at $369,900 at The Groves of Berkeley by Beazer Home, at $399,410 in Cypress Preserve, at $403,9455 in Lakeview at Kitfield. New townhomes started at $246,490 at Halstead by Starlight and at $259,900 in Abbey Walk, with many more on the way. “You can find a very nicely appointed townhome in Abbey Walk built by Dream Finders Homes for under $300,000,” Haskell said. "They have a natural gas range, 42-inch upper kitchen cabinets, quartz countertops, a tile backsplash, stainless appliances, a tankless water heater and luxury plank vinyl floors. They live well, look good, and are affordable. For first-time home buyers who have high style, this is a perfect fit.” The existing home market can be tighter, because Moncks Corner tends to be the kind of place where people hang on to homes in established neighborhoods for a very long time. A recent search turned up just three active listings in Pimlico, an established neighborhood that borders the Cooper River. There were just three in Fairlawn Barony, only one in Berkeley Country Club. Listings were similarly limited in communities such as Stony Landing and Sterling Oaks. Those neighborhoods tend to appeal to “move-up” buyers, Conley said — people who have already bought their first home in Moncks Corner, and are willing to be patient to find the bigger purchase that comes next. “Those more than likely are people who have been in Moncks Corner for a little while, who have bought in one of those newer neighborhoods,” she added, “and have been waiting for the perfect house to come up.” Slice of the lake life Lake Moultrie is among the natural jewels of Moncks Corner, with a southern shoreline that extends from the Hatchery Wildlife Management Area, around the peninsula of Pinopolis, past Overton Park and up to Bonneau Beach. Owned and managed by Santee Cooper, the lake plunges 75 feet at its deepest point, and according to the S.C. Department of Natural Resources offers many anglers the opportunity to catch the largest freshwater fish they will ever encounter. “Living by the water is a strong draw,” Haskell said. “I have had many clients over the last five years move out of Summerville and seek lake living on Lake Moultrie. It is still close to work and essential life needs for them, but they feel it is a retreat when they go home to living on the lake. The peace that brings them during the week and also the enjoyment on the weekends is what they are seeking.” Finding that slice of idyllic Moncks Corner lakefront, though, can be easier said than done. Conley lives on the lake in Bonneau Beach, and when she looks out from her backyard she sees not an overdeveloped lakeshore crammed cheek-to-jowl with houses, but largely water and trees. “The lake in general is still a draw, especially for people who come in from outside the area and are looking to retire here,” she said. “But it’s not like it’s developed all the way around, so if someone is looking specifically for that, it’s probably going to take a little bit of time. You've got a couple of areas in Moncks Corner, Pinopolis, and Bonneau Beach. After that, you’re pretty much going to have to go over to Cross to find anything, and there are only a couple of neighborhoods over there directly on the lake.” A recent search turned up only a few waterfront listings on Lake Moultrie in the Moncks Corner area, all of them in Bonneau Beach — including offerings of $1.995 million and $2.995 million, both of them active contingent and next to one another on Butter Road. Listings on the Cooper River include a $1.45 million home in Pimlico, and a $699,800 active contingent listing in Berkeley Country Club. “It’s definitely slim,” Fann said of waterfront options. “Last year I sold one of the highest-priced listings on Lake Moultrie, in Bonneau for about $1.2 million, and it wasn’t even on deep water. Someone local bought it — they had a house in Foxbank and wanted to move to the lake, so that’s what they did. But it is slim.” It all further accentuates what’s become the general rule of thumb when it comes to real estate in Moncks Corner: new construction is relatively easy for buyers to find, but homes in established neighborhoods and on the lakefront are at a premium. “You’re talking about areas where people don’t move every couple of years,” Conley said. “Once you move into these older, established areas, you’re setting down roots for a while.” Maintaining a unique identity Clearly, more and more people have become eager to do just that in the place that calls itself “the Lowcountry’s Hometown.” Between April 1, 2020, and July 1, 2024, the population of Moncks Corner grew 37.9 percent, according to the U.S. Census — from 13,313, to 18,359 over that span. For locals, the population growth and the development that’s accompanied it are evident. “Every time I go from Moncks Corner and drive down Highway 52 or even Highway 17, there’s something new going on,” Fann said. “There’s only so much land, and there are only two main highways to get to and from Moncks Corner.” And yet, the town’s slower pace of life and relaxed nature continue to endure. Moncks Corner is “the embodiment of the Lowcountry way of life,” according to its official government website. Hard to argue with that, given the number of people moving there. The fact that it offers an abundance of new, affordable real estate only sweetens the deal. “Partly the secret is out, but also there are more opportunities in Moncks Corner now with the growth and development,” Haskell said. “A few years ago, I helped a builder secure many lots in Wassamassaw Plantation that they subsequently turned around and built new custom spec homes on. They are beautifully crafted, giving more options to our luxury buyers. So no matter the price point, there are just simply more offerings today than in years past. The land is more affordable, and the municipality makes it easier for the developers to develop and builders to build than some sistering communities in the Charleston area.” Yes, there can be more traffic getting back and forth to Berkeley High School than there used to be. Yes, it’s easy to look at all those master-planned communities in Summerville and wonder how much further northwest they’re going to creep. But even in the face of unprecedented growth, Moncks Corner has retained its unique identity — as the the scenic lakefront, the established neighborhoods, and the local shops downtown will attest. “I think for sure that is has,” Conley said. “If you're on Main Street, pretty much everything but the banks is locally owned and operated. Obviously, times change and things grow. And I know as things continue to come this way, there are other things that will start to creep in. But I don’t feel like you’re going to see a lot of commercialized things come into downtown Moncks Corner, because there’s no room for it in that area. I feel like it’s going to maintain that down-home feel.” Article from https://www.postandcourier.com/moving-to-moncks-corner-growing-town-combines-affordability-with-a-laid-back-lowcountry-feel/article_eff92a29-67fa-44c0-bc14-640b1c5afc95.html
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