CTAR Real Estate Market Recap for January 2022

Quote from 2022 CTAR President Jon Stroud regarding January, 2022

Information provided by Charleston Trident Association of Realtors
Median Home Price Continues to Climb, Sales Slowed by Lack of Inventory

1,398 homes sold in January in the Charleston region at a median price of $360,000 according to preliminary data released today by the Charleston Trident Association of Realtors® (CTAR).

Sales volume declined slightly, by 3% when compared to last January’s sales of 1,447 homes. Median price increased by 14% from the January 2021 figure of 315,000.

Inventory data shows 53% fewer homes, with 1,203 homes listed as “active” for sale in the CHS Regional MLS database at the end of the month—representing just under one month’s worth of available inventory.

If you are interested in learning more details about your specific market, please contact me at Jackie@TheCassinaGroup.com
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