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LI - Historic - Presentation Cover - bla

The Charleston Region

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The median home price in the region jumped from  $357,000 in 2021 to $425,000 in 2024

$425,000

CTAR

Housing Development
House Frames

7,500

7,500 new housing units are needed per year to keep up with population growth

Charleston Trident

Association of Realtors

Modern Kitchen
Modern Housing Complex

$2,010

The average rent for a 968 sq ft apartment reached $2,010 in 2024

RentCafe

Urban Modern Interior Design

$130M

The region saw over $130M in office real estate transactions through Q3 2021

Lee & Associates

22-Westedge-St-Charleston-SC-New-Office-Tower-with-Unparalleled-Views-of-the-City-and-the-
Building Construction

310,000

Over 310,000 SF of new office space was under construction in 2022

Lee & Associates

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