Home prices in Charleston County, South Carolina area increased by three percent when comparing December 2013 to the same month in 2012. Despite the region's growth in sales, the amount of growth was still 8 percent less than the national average and 4.6 percent less than the average for the entire state. Nonetheless, most experts agree that 2013 set down a strong base for 2014, with home price growth expected throughout the new year.

According to most experts, real estate values in the Charleston County region are likely to grow by anywhere from 5 to 6 percent. This represents growth that is similar to what was experienced in 2013. Residential housing sales are also expected to remain in line with 2013 levels. This growth will be fueled, in part, but the fact that lending institutions are expected to let up on their borrowing restrictions, which should help offset the anticipated increase in mortgage interest rates.

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