09/14/2026
š” 2026 YTD MARKET UPDATE
It may not feel like the real estate market has improved much this year, but the numbers tell a slightly different story.
Through August, transactions across our MLS are UP 4.8% compared with the same period in 2025, and the median sales price is up 2.2% to $450,000.
A few things that stood out to me:
š Several MLS areas are seeing double-digit gains in transactions, while some of the areas experiencing the biggest declines are markets where new construction has driven a large share of sales over the past few years.
š Looking strictly at single-family detached homes, the median price increased from $475,000 to $485,000 ā up 2.1%.
š Months of inventory is now 3.2 months, and 28 of our 32 MLS areas remain below 5 months of inventory, which still puts the vast majority of our market in sellerās-market territory.
One thing to watch: August transactions were down 9.4% from July, although some slowing is normal as we move through the second half of the year.
The last few years haven't been spectacular, but they haven't been disastrous either. 2026 is quietly running a little stronger than both 2024 and 2025.
I think some of what people are feeling right now is simply market fatigue. Buyers, sellers, and agents have been dealing with higher rates, affordability concerns, and a changing market for several years.
The takeaway? Real estate is incredibly local. Some areas are gaining momentum while others are slowing, and the headline numbers never tell the entire story.
If you're curious about what these numbers mean for your neighborhood, your home, or a potential move, reach out anytime.
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