The Charleston housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 33.1% in the past month. With 4.3 months of supply, Charleston's inventory levels remain relatively tight. Transaction volume is up 133% compared to what's typically expected this time of year. A significant 26.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 14.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Charleston market with the affordability index at 20.9. Based on current market indicators, home prices in Charleston are projected to increase by approximately 16.7% over the next month.