Charleston Housing Market Update: Week of June 14, 2026

Here is the short version of the Charleston market for the week of June 14: about the same number of homes sold as the week before, more homes going under contract, and mortgage rates that ticked down again. If you were waiting for a crash or a runaway boom, the data still says neither is happening. Busy and calm at the same time, which remains the healthiest place a market can be.

This week I have two angles for you, since the numbers are far more useful in context: how this week stacks up against last week (week over week), and how it stacks up against the same week a year ago (year over year). Let me walk through both, then translate what it means depending on whether you are buying or selling.

The tri-county snapshot

These figures cover residential sales across the Charleston region for the week of June 14 to 20, 2026. Each line shows the week-over-week move first, then the year-over-year move.

• Homes sold: 364, essentially flat from 365 last week, and down 7 percent from the same week last year
• Homes under contract: 416, up from 409 last week, and up 23 percent year over year
• Total sales volume: $265.0 million, down about 1 percent from last week, up 13 percent year over year
• Active listings: 6,185, up slightly from 6,147 last week, and up about 4 percent year over year
• New listings: 518, down about 2 percent from last week, up 1 percent year over year
• Days on market: homes that sold averaged in the low-to-mid 50s, roughly in line with last week

Two things deserve a closer look. First, that “down 7 percent” on homes sold looks worse than it is. The same week last year was an unusually strong sales week, so this year’s perfectly ordinary week reads as a dip against a high bar. Week over week, closings were flat. Meanwhile homes under contract rose again this week and sit 23 percent above the same week last year. Weekly year-over-year numbers swing based on whatever the comparison week happened to look like, so I lean on the week-over-week direction, and that direction says the pipeline is filling, not draining.

Second, based on the current sales pace, the area is still carrying roughly four months of supply. Under six months traditionally favors sellers, so the market still tilts their way, just more gently than the one-to-two-month frenzy of the peak.

A word about that average price

You may see a number floating around that the average sale price across the region jumped 21 percent year over year, from about $603,000 to about $728,000. Please do not read that as homes appreciating 21 percent in a year. They did not.

That average is an average, and averages get yanked around by whatever sold that week at the top end. This week a healthy batch of luxury homes closed on the peninsula and the barrier islands, which pulls the regional average way up without telling you much about what a typical house did. Strip the luxury skew out and prices were close to flat. The cleaner health signal is the list-to-sale ratio: homes across the region sold at roughly 97 to 98 percent of list price, the same as a year ago. That tells you sellers are pricing sensibly and buyers are not landing fire-sale discounts. Steady, not spiking, in either direction.

County by county

“Charleston real estate” is really three different markets stacked on top of each other, and the averages below are clearly averages, lifted by high-end sales rather than typical prices.

Charleston County saw 178 residential sales for the week, an average sale price of $949,018, and homes closing in around 54 days. This county spans West Ashley and James Island out to Mount Pleasant, North Charleston, the barrier islands, and the peninsula, so the high average reflects an active top of the market more than a typical price.

Berkeley County recorded 104 sales, an average of $599,189, and about 53 days. Goose Creek, Hanahan, Moncks Corner, and the Cane Bay/Nexton corridor live here, and the county remains where a lot of new-construction value shows up.

Dorchester County posted 56 sales, an average of $443,679, and about 52 days. Summerville anchors this county. Worth noting: Dorchester slowed a little this week, in both number of sales and days on market, after running faster the week before. One week does not make a trend, so I will keep an eye on it.

The pattern holds: prices step down and, most weeks, pace steps up as you move from Charleston County outward to Berkeley and Dorchester. If your budget feels stretched near the peninsula, the value is sitting in the other two counties.

Where mortgage rates landed

The 30-year fixed averaged 6.47 percent for the week ending June 18, 2026, according to Freddie Mac, down from 6.52 percent the week before and 6.81 percent a year ago. The 15-year fixed averaged 5.81 percent. Rates in the mid-6s are not 2021 cheap, but the drift lower over the past year quietly hands buyers more purchasing power than they had last summer, and another small step down never hurts.

What this means if you are buying

You have selection, prices are steady rather than climbing out of reach, and your rate just got a hair better. Roughly four months of supply usually means room to do inspections and negotiate without losing the house to seven competing offers. With more homes going under contract, though, the better listings in the popular pockets are still moving, so the move is to get fully pre-approved and be ready to act when the right one shows up.

What this means if you are selling

Homes are selling, and the well-priced ones are closing at around 97 to 98 percent of list in the low-to-mid 50s on days on market. The flip side: with typical prices basically flat year over year, this is not a market that rewards overpricing and waiting for the number to catch up. Buyers have options and they are watching value closely. Price to current comps, present the home well, and you are in good shape. If you want to know what your specific home would realistically net today, that is a real conversation worth having rather than an automated guess. A no-pressure conversation about what your home would net today is a fine place to start.

I run this update every week so you can watch the trend instead of reacting to a single snapshot. One week of numbers bounces around, and this week is a perfect example: “homes sold down 7 percent” sitting right next to “homes under contract up 23 percent” is mostly noise from the comparison week, not a real swing. The direction over a month or a quarter is what actually tells the story.

Matthew Kleinman, Real Estate Advisor