August 2026 Real Estate Market Report
The CTAR Market Reports for August 2026 have arrived. Stay Informed here each month.
South Mount Pleasant
South Mount Pleasant saw healthy sales activity in August, with closed sales increasing and homes selling faster than they did a year ago. Home values remained relatively steady, while new listings edged higher, offering buyers a similar level of new opportunities.
- Median sales price remained relatively steady, increasing 0.2% to $1,187,500.
- Average sales price decreased 3.6% to $1,547,375.
- New listings increased 1.4%, with 70 homes coming to market.
- Closed sales increased 18.2% to 65, while homes averaged 31 days on market, down from 40 days last August.
North Mount Pleasant
Upper Mount Pleasant experienced a more measured market in August, with fewer new listings and closed sales compared to last year. Home prices also adjusted, while longer days on market gave buyers more time to consider their options.
- Median sales price decreased 5.6% to $935,000.
- Average sales price decreased 7.6% to $1,126,967.
- New listings decreased 17.8%, with 60 homes coming to market.
- Closed sales decreased 6.4% to 73, while homes averaged 53 days on market.
Isle of Palms
Isle of Palms saw a quieter August for single-family homes, with fewer closed sales and a lower median sales price compared to last year. However, the average sales price edged higher, while increased inventory provided buyers with more options across the island.
- Median sales price decreased 19.2% to $2,425,000.
- Average sales price increased 3.0% to $3,527,714.
- New listings decreased 7.7%, with 12 homes coming to market.
- Closed sales decreased 66.7% to 7, while homes averaged 115 days on market.
Sullivan’s Island
Sullivan’s Island saw a quieter month for sales in August, while the number of new listings doubled and available inventory increased. With just one single-family closing during the month, year-over-year price comparisons reflect a particularly small sample size.
- Median sales price decreased 51.6% to $3,000,000.
- Average sales price decreased 58.8% to $3,000,000.
- New listings increased 100.0%, with 6 homes coming to market.
- Closed sales decreased 75.0% to 1, while the home sold averaged 100 days on market.
Downtown Charleston
Downtown Charleston saw continued strength in home values in August, with both median and average sales prices increasing year over year. More homes came to market, while properties sold considerably faster, even as closed sales dipped slightly from last August.
- Median sales price increased 6.2% to $2,442,500.
- Average sales price rose 7.3% to $3,030,833.
- New listings increased 38.1%, with 29 homes coming to market.
- Closed sales decreased 7.7% to 12, while homes averaged 45 days on market, down from 91 days last August.
Upper Charleston Peninsula
The Upper Charleston Peninsula saw home values remain resilient in August, with the median sales price rising year over year. Sales activity and new listings were slightly lower, while homes spent more time on the market compared to last August.
- Median sales price increased 14.4% to $1,024,000.
- Average sales price decreased 3.1% to $1,153,608.
- New listings decreased 17.6%, with 14 homes coming to market.
- Closed sales decreased 6.7% to 14, while homes averaged 54 days on market.
West Ashley
West Ashley saw broad gains in August, with home prices, new listings and closed sales all increasing year over year. More inventory provided buyers with additional options, while homes took longer to sell compared to last August.
- Median sales price increased 6.8% to $585,000.
- Average sales price rose 14.8% to $697,956.
- New listings increased 13.9%, with 115 homes coming to market.
- Closed sales increased 8.3% to 78, while homes averaged 38 days on market.
Market Takeaway
July 2026 reflected an active Charleston real estate market, with sales activity strengthening across several key areas. Downtown Charleston and South Mount Pleasant saw notable August 2026 reflected a varied but active Charleston real estate market, with several areas showing continued strength in home values and sales activity. Downtown Charleston and West Ashley recorded year-over-year price gains, while South Mount Pleasant saw a notable increase in closed sales. The island markets experienced a quieter month, with fewer closings on Isle of Palms and Sullivan’s Island, while increased inventory in several areas offered buyers more options. Overall, August showed continued demand alongside a market that is giving buyers more time and choice in select areas.
