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Summer May Be Ending, but the Carolinas Are Still Heating Up

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August 18, 2025 7:48 pm|Market Reports, Uncategorized

Coastal Carolina Real Estate Stays Strong in 2025

While much of the country faced economic headwinds earlier this year, the Carolinas continue to shine. According to the Bureau of Economic Analysis, U.S. GDP slipped by -0.5% in Q1 2025, with 16 out of 23 industries shrinking. Yet South Carolina led the nation with the strongest growth at +1.7%, and North Carolina also posted gains, putting our region at the top of the list for economic resilience.

This strength in the broader economy is mirrored in our real estate market. The latest June 2025 housing report from the Coastal Carolinas Association of REALTORS® shows that buyers and sellers both have reasons to feel confident.


Single-Family Homes: Stable and Active

  • Single-Family Homes (June 2025 vs. June 2024)

    • New Listings: 1,321 vs. 1,156 ? +14.3%

    • Pending Sales: 1,055 vs. 938 ? +12.5%

    • Closed Sales: 1,009 vs. 955 ? +5.7%

    • Average Sales Price: $437,623 vs. $441,927 ? -1.0%

    • Inventory: 4,008 vs. 3,334 ? +20.2%

    • Months Supply of Inventory: 4.5 vs. 3.8 ? +18.4%

Even with a modest price adjustment, the number of homes available grew by more than 20%, creating a healthier balance between supply and demand. For buyers, this means more choices and better negotiating power. For sellers, well-priced homes are still selling quickly and competitively.


Condos: More Opportunities for Buyers

The condo market tells a different story.

  • Condos (June 2025 vs. June 2024)

    • Average Sales Price: $271,434 vs. $296,501 ? -8.5%

    • Days on Market: 132 vs. 102 ? +29.4%

    • Inventory: 3,218 vs. 2,804 ? +14.8%

    • Months Supply of Inventory: 8.1 vs. 6.2 ? +30.6%

For those who have been waiting for the right time to buy a beach getaway or investment condo, this could be the window of opportunity. Increased supply and softer pricing make coastal condos especially attractive right now.


The Big Picture: Growth Meets Opportunity

What sets the Carolinas apart is not just the real estate numbers but the economic momentum driving them. While other regions are cooling, the Southeast is heating up, and South Carolina is leading the way. This growth supports job creation, business expansion, and continued demand for housing along the coast.

Combine that with:

  • World-class beaches and lifestyle amenities

  • Strong affordability compared to many U.S. metros

  • A growing population of retirees, second-home owners, and relocators

And you have a recipe for long-term strength in both North and South Carolina’s coastal real estate markets.


Final Takeaway

Even as national headlines point to slowing growth, the Coastal Carolinas are telling a different story. Buyers are finding more choices and better opportunities, while sellers in strong segments like single-family homes continue to see steady activity.

All indications point to the Federal Reserve reducing interest rates up to three times before the end of the year. That makes now the best time to buy real estate in the Coastal Carolinas. Once rates drop, buyer options and negotiating strength will shrink, and for-sale inventory will tighten quickly.

Contact me today for a personalized walkthrough of Coastal Carolina listings that match your lifestyle and goals.

Jason T. Ellis

843-284-7149