Lighthouse Real Estate

07/27/2026

Charleston real estate sales were a bit better in the Jan-June 2026 period than the same 2025 period. We were up 5.8% in transactions and the median price of closed sales was up 2.1%. Right now, the median price of homes and condos in Charleston is about $450k. Condos make up about 25% of our market. The median price of single-family homes only is naturally a bit higher at $485k. June was a very good month. Inflation has ticked up a good bit and it is unlikely that there will be any more rate cuts for the foreseeable future. South Carolina’s rapid population growth continues to fuel higher home prices and reshape housing demand. Mixed-use developments such as Downtown Nexton are expanding to meet growing demand. Industry leaders say job growth, infrastructure and lifestyle continue attracting new residents to the state.

Meanwhile, the Charleston economy is doing well. The UK’s Farnborough International Airshow is paying off for Boeing with orders for as many as 148 new planes on the first day of the annual event. Up to 48 of those planes will be built at the company’s North Charleston assembly site. The to-do list for North Charleston airplane builders grew by 19 on the second day of the Farnborough International Airshow. Boeing and AerCap announced on July 21 that the leasing industry’s biggest 787 Dreamliner customer placed a new order for 15 787-9 jets. This latest purchase increases AerCap’s 787 Dreamliner portfolio to approximately 140 airplanes. At the same time, a new customer placed its first Dreamliner order, as Uganda Airlines joined Boeing to announce an agreement to buy four of the North Charleston-made 787s. After announcing the project in 2022, The Charleston Place in downtown Charleston announced the completion of the next phase in its $150M
renovation project. The latest phase of the “reimagination” includes a new Club Level, a rooftop pool with garden bar, a redesigned arrival area and renovated guest rooms and suites. Breeze Airways will launch twice-weekly nonstop service between Charleston and Trenton, N.J., beginning Sept. 20. The new route provides Lowcountry travelers with convenient access to the Philadelphia and Delaware regions. Trenton becomes Breeze’s 29th nonstop destination from Charleston International Airport. Woodfield Development is constructing 285 apartments at Ashley Landing in West Ashley. The project is the developer’s 21st residential community in the Charleston region. Amenities include EV charging, pickleball courts, a saltwater pool, fitness facilities and pet-friendly features. The development is expected to be completed in the third quarter of 2028.

06/25/2026

Charleston real estate sales were a bit better in the Jan-May 2026 period than the same 2025 period. We were up 2.5% in transactions and the median price of closed sales was up 2.3%. Right now, the median price of homes and condos in Charleston is about $450k. Condos make up about 25% of our market. The median price of single-family homes only is naturally a bit higher at $480k. Inflation has ticked up a good bit and it is unlikely that there will be any more rate cuts for the foreseeable future. In fact, May job growth has some thinking that the next move will be a rate hike.

Meanwhile, the Charleston economy is doing well. SC Ports received design approval for a new ro-ro terminal on May 15. The North Charleston Terminal expansion is expected to begin operations in 2027. The project will expand cargo and container capacity at the port. Berkeley Hospital completed a three-year expansion that doubled bed capacity from 50 to 100 beds. The project added 300,000 square feet of new and renovated space as part of the hospital’s 2030 Strategic Plan. Emergency services expanded from 14 to 35 patient care bays, while imaging and surgical capacity doubled. The expansion added a new heart and vascular center and enhanced women, infants and children’s services. HCA Healthcare broke ground on a $15 million freestanding emergency room in Cane Bay. The 10,000-square-foot facility will feature 10 exam rooms, imaging, lab services and telemedicine. The ER will serve Cane Bay, Nexton, Del Webb, Carnes Crossroads and surrounding communities. Novant Health opened its new Center for Women’s Health at East Cooper Medical Center. The approximately 40,000-square-foot facility consolidates multiple women’s health specialties under one roof. Services include ob-gyn care, mammography, breast surgery, urogynecology and diagnostic services. Highline Hospitality Partners has transformed the former Hyatt Place Charleston Historic District into The Lowline Hotel. The 197-room downtown Charleston hotel is accepting reservations beginning in July. The property features Leeward Restaurant, a café and market, event space, a pool and fitness center. Venom EV will establish South Carolina operations in a 200,000-square-foot facility in Summerville. The Wisconsin-based electric vehicle manufacturer is investing $645,000 in the project. The company plans to create 60 jobs in manufacturing, engineering, logistics and customer support. Red Metals will invest $70 million in its first production operation in Charleston County. The project is expected to create at least 45 new jobs. The company will manufacture high- conductivity copper rod for wire, cable and electrical applications. Weston & Sampson CMR has dedicated a new 20,000-square-foot construction and operations facility in North Charleston. The facility includes office space, warehouse storage and a multi-bay repair shop. Pinckney Partners has signed Michael Mitchell, one of Charleston’s premier luxury interior design firms, to a lease for 12,156 square feet at South Island Market, a mixed-use development at 3791 Betsy Kerrison Parkway, Johns Island. Horse Spot is expanding its Charleston County operations and creating 11 new jobs. The company’s platform supports more than 1,800 horse shows, rodeos and fairs annually. The company recently received a $200,000 investment allocation through SC Launch and is an SCRA member company.

06/23/2026

05/26/2026

Charleston real estate sales were a bit better in the Jan-Apr 2026 period than the same 2025 period. We were up 3% in transactions and the median price of closed sales was up 1.8%. Right now the median price of homes and condos in Charleston is about $447k. Condos make up about 25% of our market. The median price of single-family homes only is naturally a bit higher at $478k. It’s a bit early in the year to make predictions yet. The Fed did cut the rates one more time in early December. Unfortunately, inflation has ticked up a good bit and it is unlikely that there will be any more rate cuts for the foreseeable future. But we do have a new Fed Chair and he supposedly leans more towards cutting rates. Time will tell.

Meanwhile, the Charleston economy is doing well. Charleston-based Bittermilk announces $8.2M investment in Ravenel facility. It will create 12 new jobs. The Medical University of South Carolina has entered a partnership with Revival Healthcare Capital, an investment firm focused on medical devices. The Duke Endowment and the Medical University of South Carolina have partnered to form an initiative across North and South Carolina to strengthen maternal and infant health outcomes. The Duke Endowment commits more than $13 million to initiative. Odd Duck expands to three Lowcountry locations including Charleston and Summerville.. Their concept blends upscale bodega, cafe and local products. Ascenda Capital acquires 232-unit Bryant at Summerville for $51.5M. This marks firm’s first investment in the Charleston-area
market. Berkeley County opened part of the $10.5 million Berkeley County Waterfront Park on Friday with six boat ramps and 180 boat
trailer parking spots open to the public. The full Berkeley County Waterfront Park is expected to open after June 12.

04/27/2026

Charleston real estate sales were a bit better in the first quarter of 2026 versus Q1 2025. Q1 2026 was up 2.4% in transactions versus Q1 2025. And the median price of closed sales was up 3.4% compared to Q1 2025. Right now the median price of homes and condos in Charleston is about $450k. Condos make up about 25% of our market. The median price of single-family homes only is naturally a bit higher at $480k. It’s a bit early in the year to make predictions yet. The Fed did cut the rates one more time in early December. Unfortunately, inflation has ticked up a good bit and it is unlikely that there will be any more rate cuts for the foreseeable future.

Meanwhile, the Charleston economy is doing well. Ascenda Capital, a real estate investment and development firm, has acquired the multifamily property known as Bryant at Summerville for $51.5 million. The third MUSC Health Nexton location broke ground with an $87 million Nexton Medical Pavilion. The pavilion is expected to serve 800 patients daily, focusing on an anticipated growth of 29,000 people in Summerville and Moncks Corner over the next five years. Roper St. Francis broke ground on Mount Pleasant Health Pavilion, a 68,000- square-foot facility to offer multiple medical services including ER imaging, women’s health, and oncology services. A new collection of mixed-use buildings is turning Hanahan’s town center into a community hub. Blackwells Corner will break ground in June, adding six buildings to the current TideLine Aquatics storefront. The property will include dining, retail, fitness studios, salons and office space, all spanning more than 40,000 square feet, with a central lawn and outdoor dining areas. The Cooper hotel opens March 30 after years of delays and construction. It features 191 rooms, including 25 suites with rates up to $16,700 per night and is located on the Charleston waterfront between Waterfront Park and Union Pier. Woodfield Development, a multifamily real estate developer, and PGIM, a real estate investment manager, began construction on 114 downtown Nexton townhomes. The Radler townhome community is the 20th property under Woodfield Development ownership in the Charleston region. Woodfield has delivered more than 4,600 residential units. AVM Group, a national provider of turnkey controlled environments is establishing its national headquarters in Mt Pleasant. The company’s $5 million investment will create 30 new jobs. Ethiopian Airlines is moving ahead on the purchase of six Boeing 787 Dreamliner jets as the airline fully exercises commitments from a 2023 order.

04/07/2026

✨Finished Product!

And here it is—the final result! This Hanahan rehab is complete and ready for the market.

From walkthrough to finished product—what do you think of the transformation?

📩 Message me for details or to schedule a showing!

👉 Check out the video in the comments section!

04/06/2026

🛠️Week 1: CL100 Repairs

Today we’re tackling CL100 items—important fixes that help ensure the home is in solid condition.

Not always the flashy part of a rehab, but definitely one of the most important 👷‍♂️

👉 Check out the video in the comments section!

04/03/2026

🔨 Day 2: Progress Update

We’re officially underway! Repairs are in progress and things are starting to take shape.

It’s always exciting to see the vision start coming to life—more updates coming tomorrow!

👉 Check out the video in the comments section!

04/02/2026

👀Check out our Fix It and List It process.

🏡 Day 1: Before + Game Plan

Taking you inside this Hanahan rehab project! Here’s the initial walkthrough and what we’re planning for the transformation.

Stay tuned to see how this one comes together over the next few days 👀

👉 Check out the listing link in the comments section!

03/26/2026

Charleston real estate sales were about the same in 2025 as 2023 and 2024. For 2025 we were up 1.4% in transactions versus 2024. For the first two months of 2026, the number of transactions is very similar to the same 2025 period. And the median price of closed sales is also very similar to the same 2025 period. Right now the median price of homes and condos in Charleston is about $433k. Condos make up about 25% of our market. The median price of single family homes is naturally a bit higher at $465k. It’s a bit early in the year to make predictions yet. The Fed did cut the rates one more time in early December. Unfortunately, inflation has ticked up a good bit and it is unlikely that there will be any more rate cuts for the foreseeable future.

Meanwhile, the Charleston economy is doing well. But there was a bit less economic news in February as might see going forward. Boeing has donated $1M to Lowcountry Land Trust for the Angel Oak Preserve project. The project has raised $6.9M toward its $16.5M goal. The 44- acre preserve will serve as a park and living museum. Nearly 200 affordable and workforce housing units are underway after receiving $6.6 million from the Housing Our Future Trust Fund. Fund backed by Charleston County and SC Community Loan Fund. RCB Development acquires, redevelops, and fully leases 91000-square-foot facility located in North Charleston. Waterside Business Logistics has leased 41380 square feet and Smithey Ironware takes the remaining space to expand manufacturing.