Here’s where the most homes were sold in SC in 2022. Which place had the biggest drop in sales?

Patrick McCreless
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The Charleston Trident area sold the most homes in South Carolina in 2022, but it and the rest of the market still underperformed from the previous year, statistics show.

According to South Carolina Realtors statistics, 19,846 homes were sold in the Charleston Trident area in 2022, a 17.9% drop from the prior year. The decrease is indicative of the state’s overall housing market, which while still in high demand, saw fewer home sales year over year as prices and mortgage rates spiked.

All of the South Carolina housing markets had fewer home sales in 2022, with the state overall reporting 12.5% fewer sales, year over year, for a total of 107,146 homes sold.

Of the Charleston 2022 home sales, 17.3% were condos. Also, 13.1% were homes with two bedrooms or fewer and 1.2% sold for $100,000 or less.

The Coastal Carolinas took second place with 18,246 homes sold in 2022, while the Greater Greenville area came in third with 16,644 homes sold.

The Central Carolina area had the fewest sales at 393 homes sold.

However, Hilton Head experienced the biggest drop in sales year over year, with 21.8% fewer homes sold in 2022, the statistics show.

The state started 2022 much like 2021 ended, with mortgage rates near historic lows, high housing demand and bidding wars, the South Carolina Realtors’ annual report states.

“But all that changed a few months later as mortgage rates began to rise, adding hundreds of dollars to monthly mortgage payments and causing housing affordability to plummet to its lowest level in decades,” the report states. “As borrowing costs continued to increase, home sales and home prices began to slow, and after two years of record-breaking activity, the red-hot housing market was finally cooling.”

Here is a list of all the homes sold in South Carolina in 2022, along with the percentage drop from the previous year.

  • Aiken: 3,476 | - 7.6%

  • Beaufort: 2,885 | - 13.6%

  • Charleston Trident: 19,846 | - 17.9%

  • Cherokee: 476: | - 5%

  • Greater Columbia: 14,675 | - 11.6%

  • Coastal Carolinas: 18,246 | - 14.7%

  • Greater Greenville: 16,644 | - 5.9%

  • Greenwood: 1,148 | - 4.5%

  • Hilton Head: 5,747 | - 21.8%

  • Greater Augusta: 9,454 | -13.6%

  • Pee Dee: 2,768 | - 8%

  • Piedmont: 7,516 | - 13.1%

  • Central Carolina: 393 | - 14.2%

  • Spartanburg: 5,732 | - 3.7%

  • Sumter: 2,148 | - 11.2%

  • Western Upstate: 6,315 | - 4.8%

  • State totals: 107,146 | - 12.5%

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