Lowcountry Market Update – May 2025

Lowcountry Market Update – May 2025

Here’s your professional snapshot of real estate activity across key areas of the Lowcountry this month. Overall, we’re seeing a gradual cooling in market pace, with some areas leaning more toward balance. 
As we head into summer, we're seeing some subtle but important shifts in the real estate market across the Lowcountry. Whether you're a homeowner, investor, or potential buyer, staying informed on local trends is key to making smart moves.
We're breaking down market performance in Goose Creek, Charleston County, Berkeley County, and Dorchester County. Take a look below for key insights and what it all means for you.

Goose Creek Market Trends – May 2025    

Goose Creek remains a sought-after community, positioned between Summerville and North Charleston, with easy access to both—and just under 30 minutes to downtown Charleston. Home prices have held steady, showing no significant increase. However, the market is showing early signs of a slowdown. Days on Market are up, indicating homes are taking longer to sell. At the same time, inventory is tightening: active listings and closed sales are both down, and new listings have dropped nearly 18% compared to last year. Despite the dip in activity, the numbers still reflect a seller’s market—just without the upward push in pricing.

Charleston County Market Update – May 2025

Key Takeaways:
Charleston County is showing signs of a cooling market:
•    Prices are down 3.2% year-over-year
•    Homes are sitting 36% longer on market
•    Inventory is up 23%

Despite this, closed sales are up 7%, indicating strong buyer interest. The shift points to a more balanced market, with better opportunities for buyers and steadier negotiations for sellers.

Berkeley County Market Update – May 2025    

At a Glance (Year-over-Year):
• Median Price: $412,000 ↑ 2.9%
• Days on Market: 48 ↑ 33%
• Months of Inventory: 2.8 (no change)
• Homes for Sale: 1,332 ↑ 3.6%
• Closed Sales: 593 ↑ 10.6%
• New Listings: 721 ↑ slightly

Market Insight:
Prices continue to rise, but at a slower pace. Homes are spending more time on the market, and inventory has inched up. While still a seller’s market, buyers are gaining a bit more flexibility.

Dorchester County Market Update – May 2025 vs. May 2024    

Dorchester County’s real estate market is showing signs of cooling, with prices dipping slightly and homes staying on the market longer. Inventory has grown, and closed sales have slowed—shifting conditions toward a more balanced environment.

Year-over-Year Snapshot:
• Median Price: $369,900 ↓ 1.6%
• Average Days on Market: 42 ↑ 20%
• Months’ Supply: 3.1 ↑ 40.9%
• Active Listings: 815 ↑ 27.8%
• Closed Sales: 287 ↓ 22%

Market Insight:
Prices have dipped slightly, and homes are taking longer to sell. Inventory is growing, and buyer activity is softening. Dorchester is trending toward a more balanced market, offering buyers more time and leverage.

Takeaway:

Dorchester County is clearly transitioning toward a more balanced market. Price growth has paused, inventory is up, and sales are slowing—all signs that buyers are gaining leverage. Sellers should be mindful of increased competition and prepare for longer timeframes on the market.

Interested in a specific area? Reach out and we are happy to provide you with a market stat report for that location.

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