Looking Back…Some interesting 2024 Home Sale Stats
Daniel Island across the board saw the number of 2024 unit (home/townhome/condo) sales increase by 9.4% over 2023 (294 to 336 units). The bigger number was overall increase in prices which 18.5% from the prior year. Daniel Island is attractive and prices rise when available homes are in short supply.
Overall in Charleston, the higher end home sales continue to push the most growth. Think areas like Sullivan’s Island, Kiawah, Mt Pleasant, Charleston Peninsula, Folly, Edisto and Seabrook. Almost all the areas with a median home sale price of high $800’s or higher saw double digit price growth in 2024. The only high priced ($1.27M to $1.95M) median area that did not experience an increase were Isle of Palms and Wild Dunes which actually saw a negative drop in 2024 prices.
**Note this data is pulled from the Multiple Listing Service (MLS), so there could have been a few direct sales not posted that would alter this data.
