What South Mount Pleasant's First Half of 2026 Tells Us About Today's Market

We're more than halfway through 2026, and the numbers out of South Mount Pleasant tell two very different stories depending on whether you're looking at single-family homes or townhomes and condos. Here's what actually happened in the market from January through June, straight from the Charleston Trident MLS.

Single-Family Homes: A Slow Start That Found Its Footing

South Mount Pleasant's single-family market opened the year on uncertain footing. Year-over-year closed sales were down sharply in February, off nearly 24% for the year to date, and that softness carried through March and April. But the trend reversed steadily each month, and by June, closed sales for the year had pulled ahead of 2025's pace for the first time, up 2.5% year to date. June on its own was the strongest month of the year, with 77 homes closing, an 18.5% jump over June 2025.

The median sale price ranged from a low of $1,162,500 in March to a high of $1,401,500 in June, but the year-to-date median held steady in the $1.17M to $1.3M range all year. Homes are also moving faster again: days on market until sale, which stretched to 68 days in February, dropped back down to a brisk 28 days by May before ticking up slightly to 38 in June.

Inventory climbed steadily each month, from 112 homes for sale in January to 153 by June. Even so, June's inventory was still about 4% lower than the same month last year.

Townhomes & Condos: More Activity, Softer Prices

The attached-home market told a different story entirely. Closed sales for townhomes and condos were up a strong 21% year to date through June, and new listings coming to market were up 28%. That's a clear signal of more overall activity and more inventory for buyers to choose from.

But that added activity came with real price softening. Median sale price was down year-over-year in five of the first six months of 2026, with the sharpest single-month drops in February (down 26.3%) and March (down 29.2%). Average sale price followed a similar path, running double digits below last year for much of the spring.

Inventory in the attached-home market grew noticeably too, climbing from 57 homes for sale in January to a peak of 75 in May. June's inventory of 72 was up nearly 29% from June 2025.

What This Means If You're Selling (or Buying)

If you own a single-family home in South Mount Pleasant, the data above shows sales activity building since spring, days on market tightening from February's high, and pricing holding steady for the year. These trends may be encouraging news for homeowners who are considering selling their home.

If you own a townhome or condo, the data above shows more inventory and softer pricing than a year ago. A listing priced to reflect current conditions, rather than last year's numbers, is more likely to get offers.

And if you're buying, especially in the attached-home segment, the combination of rising inventory and softer pricing shown above points to more room to negotiate than a year ago.

Whichever side of the transaction you're on, the numbers above are a snapshot, not the whole picture; every street and every listing has its own story.

Ready to Talk Through Your Next Move?

Thinking about listing this year? Schedule a seller consultation or get a free home value estimate to see where your home stands in today's market.

Searching for a home in South Mount Pleasant? Schedule a buyer consultation to find out where you have leverage in today's market.

Lauren, Tina and Gigi | Lauren Zurilla & Associates — Your Charleston Area Real Estate Experts

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