Awendaw’s housing supply is relatively limited, with 20 homes on the market and just 3 new listings recently added. Even with that tight inventory, 5 homes moving to pending status and 2.9 months of supply indicate activity that still leans toward sellers.
Pricing is adjusting to these conditions, with a typical home value around $775,000 and a much higher median list price of about $1,199,999. Some sellers are responding to buyer sensitivity, as about 15% of listings have taken a price cut and the average sale-to-list ratio sits just below full asking at 0.98.
Time on market has been trending down sharply, with the median now at 163 days and falling more than 50% from the prior month, while only about 14% of homes are selling above list price. Compared with Charleston County’s typical value of $600,000, Awendaw’s higher pricing and seller-leaning conditions show a distinct, more upscale segment where pricing is gradually moderating. Projected figures for next month, including a typical value near $698,000, a median list price around $958,631, and inventory edging down to 18 homes, point to continued recalibration between buyers and sellers. In this evolving environment, both buyers and sellers can benefit from Agent Pronto’s help in finding a local agent who understands these shifts.
