🏢 Charleston, SC Multifamily Update – May 9, 2025

Good morning - this is your Charleston Multifamily Update for May 8th, 2024, covering the latest data from the past 24 hours.

Whether you’re actively buying, thinking about selling, or just keeping tabs on the market, this report gives you:

• Financing Rates: No rates today - I’m redoing this section to make it even better.

• New Listings, Price Reductions, and Pending Deals: So you know what’s moving and how long it’s taking.

• Rental Activity: Working on this section to make it better. Will be included in near future

• All data is pulled from the Charleston-Trident MLS, Crexi, Loopnet and lending sources as of the past 24 hours.

Debt & Market Pulse

If you're considering investing in multifamily properties in the Charleston, SC metro, here’s the latest on rates and financing options:

Please note that mortgage rates can vary based on individual circumstances and lender offerings. It's advisable to consult with a mortgage professional for the most accurate and personalized information. Text me if you need a recommendation 843-957-5989

Market Overview

Active Inventory

• 95 listings currently on the market in the tri-county

• Inventory includes a wide range from turnkey 2-unit properties to 10+ unit value-add plays

Pending Listings

• 35 total active pending/contingent deals

New Listings

• 2 Unit Duplex - Congress St | List Price is $995K

Price Adjustments

• No new price adjustments

Pending Deals (Past 24 Hours)

• No new pendings

Sold Transactions

• No new sold deals

Thinking of Selling?

🏠 Get a Complimentary Property Evaluation – I’ll show you what your property could sell for in today’s market.
📞 Call/Text Nick Fitzpatrick at 843-957-5989 or just reply to this email to start the conversation.

Looking to Buy?

1) Let’s Find the Right Deal for You – I help investors find on-market and off-market multifamily properties across Charleston, SC and the Carolinas.
2) Reach out anytime to discuss your goals.

I run this update every weekday because I believe knowing the market is the first step to making smarter investments.
If I can help you buy, sell, or better understand your property’s value, let’s talk.

Best,

Nick Fitzpatrick

Real Estate Broker

NorthGroup Real Estate

SC # 128053 | NC # 339118