09/01/2026
>> Swipe for September’s calendar! 🍂
Comment below anything I may have missed (there seems to be a lot going on this month!).
Charleston real estate sales were a bit better in the Jan-July 2026 period than the same 2025 period. We were up 5% in transactions and the median price of closed sales was up 2.4%. Right now, the median price of homes and condos in Charleston is about $452k. Condos make up about 25% of our market. The median price of single-family homes only is naturally a bit higher at $488k. The number of July transactions was down about 15% compared to June. 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. Hutchinson Apartments has opened in Nexton with 324 residential units. The complex includes apartments and townhomes with one-, two- and three-bedroom options. Amenities include a pool, fitness center, game room, walking trail and pet park. Translucent Solar will invest $15.675 million in a new Dorchester County factory. The 1.2-gigawatt facility will create 167 new jobs. The highly automated solar panel factory is expected to be operational by the end of 2026. IEB Americas will invest $1.5 million in Charleston County. The battery charging and power supply company will create 30 jobs. The North Charleston facility will be the company’s first major production operation in North America.
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