If you have been hearing completely different things about the housing market lately, there is a reason.One person says the market is slowing down. Another says prices are still rising. Someone else
Dated: September 5 2026
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If you have been hearing completely different things about the housing market lately, there is a reason.
One person says the market is slowing down. Another says prices are still rising. Someone else says nothing is selling.
Along the South Carolina coast, all three statements can be misleading depending on exactly which market you are talking about.
The biggest takeaway right now is simple:
Buyers have not disappeared. But they have become much more selective.
And there is no single Coastal South Carolina housing market.
Conditions can change substantially depending on the city, property type, price range and amount of available inventory.
In this video, Joel Barber of 1st Class Real Estate Advantage breaks down what the latest numbers are telling us across the Grand Strand, Charleston, Bluffton and Beaufort, including sales activity, home and condo prices, inventory, days on market and the impact of mortgage rates.
Watch the full Coastal South Carolina Housing Market Update here:
Start with the Grand Strand.
In July, single-family pending sales were up approximately 2% compared with the previous year.
That means buyers are still actively making offers and putting homes under contract.
However, closed single-family sales were down approximately 11%.
The condo market moved in a very different direction, with condo closings increasing more than 17% compared with the previous July.
That is exactly why broad statements such as “the market is up” or “the market is down” no longer tell the whole story.
Different segments of the same real estate market can behave very differently.
For buyers and sellers in areas such as Myrtle Beach, North Myrtle Beach, Conway and Pawleys Island, understanding the specific property type and price range has become increasingly important.
The median single-family sales price on the Grand Strand was approximately $375,000 in July, essentially unchanged from a year earlier.
Condos have been somewhat softer.
The year-to-date median condo price was approximately $232,500, down roughly 3%.
Condos also have considerably more inventory available than single-family homes.
More inventory generally gives buyers more choices.
And when buyers have more choices, they can afford to be more selective about:
That increased competition between listings is becoming an important part of the Coastal South Carolina housing market in 2026.
Marketing time is another major difference in today’s market.
Single-family homes on the Grand Strand are taking approximately 117 days on average to sell.
Condos are taking approximately 132 days.
That is a very different environment from a few years ago, when limited inventory allowed many sellers to price aggressively and still receive immediate buyer attention.
Today, buyers have more time, more information and more alternatives.
Before scheduling a showing or making an offer, buyers can compare:
That means a property has to earn the buyer’s attention.
Simply putting a home on the market is no longer enough.
Travel south to Charleston and the numbers change again.
Charleston County single-family sales increased more than 6% compared with the previous July.
The median single-family sales price also increased.
That does not mean every property in Charleston County is appreciating or selling quickly.
It does reinforce one of the most important lessons in today’s housing market:
Local market conditions matter.
A national housing headline may have very little to do with what is happening with a specific property in Charleston, Mount Pleasant or another nearby community.
Move farther south into Bluffton and Beaufort and another pattern appears.
Bluffton’s median sales price increased approximately 5% in July compared with the prior year.
At the same time, closed sales declined about 15%, and homes were taking approximately 130 days to sell.
That means prices can rise even while fewer properties are closing.
Northern Beaufort County also saw its median price increase while sales declined.
Southern Beaufort County experienced declines in both closed sales and the July median price compared with the previous year.
Once again, the numbers show that Coastal South Carolina is not moving as one single housing market.
This may be the most important point for buyers, sellers and real estate investors.
There are dozens of smaller markets operating at the same time along the South Carolina coast.
For example:
And within each of those markets, there are additional property categories, including:
Each category can respond differently to inventory, financing costs, buyer demand and local economic conditions.
A Myrtle Beach condo can behave very differently from a single-family home in Conway.
A luxury property in Hilton Head can behave differently from a primary residence in Bluffton.
A Charleston investment property may face completely different buyer demand than a new-construction home in another part of the coast.
That is why buyers and sellers should focus on the market that actually applies to their property.
Financing remains a major factor in the 2026 housing market.
The average 30-year fixed mortgage rate was approximately 6.65% in late August.
At rates in that range, buyers pay much closer attention to the complete monthly cost of owning a property.
They notice insurance.
They notice HOA fees.
They notice property taxes.
They notice repairs.
And they definitely notice when one property is priced considerably higher than comparable alternatives.
For many buyers, the purchase price is only one part of the decision.
The monthly payment and total cost of ownership can be equally important.
That is changing the way buyers compare properties and make offers.
The biggest theme heading into fall may be one word:
Value.
That does not necessarily mean cheap.
A property can still command a premium when the location, condition, features and overall quality justify the price.
But today’s buyers have more information and more alternatives.
They are less likely to overlook a property that appears priced ahead of the market.
A buyer may be willing to pay more for the right home, but that buyer will usually want to understand why the property deserves the premium.
For sellers, that means pricing and presentation matter more.
For buyers and investors, additional inventory and longer marketing times may create opportunities to negotiate on certain properties.
That does not mean every seller is desperate.
It simply means buyers can often afford to be more patient.
For sellers, the first few weeks on the market remain extremely important.
A new listing receives some of its strongest initial exposure when it first enters the market.
Buyers already searching in that price range may receive alerts.
Real estate professionals see the new inventory.
The home appears as a fresh listing across major real estate websites.
If buyers immediately believe the home is overpriced compared with competing properties, that early momentum can disappear quickly.
The goal should not simply be to get a property listed.
The goal is to position the property correctly from the beginning.
That means considering:
The market may still reward well-positioned properties, but buyers are becoming less forgiving when price and value do not align.
For buyers, today’s market may offer more room to compare options than in previous years.
Longer marketing times and additional inventory can sometimes create negotiating opportunities.
Depending on the individual property, those opportunities may include:
The opportunity depends heavily on the individual property and the local market.
A home that has been sitting for months may provide more negotiating room than a newly listed property that is priced competitively.
Likewise, a market with increasing inventory may give buyers more options than an area where desirable homes remain limited.
If you are following Coastal South Carolina real estate, do not rely too heavily on national housing headlines.
And do not even rely on one headline about Coastal South Carolina.
Instead, look at:
The specific market.
The property type.
The price range.
The inventory.
The monthly ownership cost.
That is where the real story is.
The housing market in Myrtle Beach may not look the same as Charleston.
Charleston may not look the same as Bluffton.
Bluffton may not look the same as Beaufort or Hilton Head.
And even within the same city, condos and single-family homes can move in completely different directions.
For the complete breakdown, watch Joel Barber’s latest Coastal South Carolina real estate market update:
The video covers the latest trends across the Grand Strand, Charleston County, Bluffton and Beaufort, along with mortgage rates, buyer behavior, inventory and what we are watching as the market moves into fall 2026.
Subscribe to the YouTube channel for future Coastal South Carolina real estate market updates.
If you are considering buying, selling or investing in Coastal South Carolina, local market conditions matter.
If there is a particular Coastal South Carolina city, neighborhood or property type you would like us to break down next, contact 1st Class Real Estate Advantage at (888) 377-2599.
You can also watch the latest market update and subscribe for future information about real estate in:
Watch the full market update:
https://youtu.be/Ln1Km71qC9M
Sources: Coastal Carolinas Association of REALTORS®, Hilton Head Area REALTORS® / REsides, Charleston-area MLS market reporting and Freddie Mac.
This article is provided for general market information only and is not intended as real estate, legal, tax or financial advice. Real estate brokerage services are provided by appropriately licensed professionals affiliated with 1st Class Real Estate Advantage.
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