charleston market report quarter 2 2015
DESCRIPTION
ÂTRANSCRIPT
2015 Q2RepoRt
the MaRket in the ChaRleston aRea
100
171
0
50
100
150
200
Q2 2014 Q2 2015
Total Sales
$309,741
$314,930
$150,000
$225,000
$300,000
$375,000
Q2 2014 Q2 2015
Average Sale Price
$144 $147
$50
$100
$150
$200
Q2 2014 Q2 2015
Sold Price Per Sq3
73 73 102 91
0
50
100
150
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula<ve Days on Market
$316,726 $328,578 $320,691 $321,338 $309,741 $314,930
$100,000
$200,000
$300,000
$400,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Johns Island & Wadmalaw Market Facts
A stunning contrast to more developed areas of Charletson, Johns Island is truly a diamond in the rough. One only needs to drive the lovely scenic roads to discover the charm of its maritime forests and unspoiled natural beauty. The second largest island on the East Coast (second only to Long Island NY), Johns Island was traditional-ly a planting community for early settlers of Charlestowne.
5
1168 Pilot Boy $2,095,000Dan Ravenel 3B 3.5b 4,872 SqFt 3.19 Acres
The Farms at Brickhouse Plantation $3,995,000H. Middleton Rutledge 220 Acres
featured properties | john’s island & wadmalaw island
Wadmalaw Vineyards $1,595,000Dan Ravenel 50+ Acres
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
251
289
200
250
300
Q2 2014 Q2 2015
Total Sales
$281,069
$325,113
$150,000
$250,000
$350,000
Q2 2014 Q2 2015
Average Sale Price
$149 $167
$50
$100
$150
$200
Q2 2014 Q2 2015
Sold Price Per Sq3
69
56
76
60
25
45
65
85
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$299,615
$336,445
$292,856
$332,873
$281,069
$325,113
$200,000
$300,000
$400,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
James Island Market Facts
A well established community, James Island is a large island west of downtown Charleston, separated from West Ashley by the Stono River. This area offers a large selection of moderately priced single family homes, as well as apartments and condominiums. In explor-ing James Island, one will find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.
selling the extraordinary
extRaoRdinaRy MaRketing
Powerful PartnershiPs
151 197
0
100
200
300
Q2 2014 Q2 2015
Total Sales
$249,206
$275,721
$150,000
$225,000
$300,000
Q2 2014 Q2 2015
Average Sale Price
$142
$169
$100
$150
$200
Q2 2014 Q2 2015
Sold Price Per Sq3
74
54
97
65
25
75
125
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula=ve Days on Market
$264,141
$290,422
$259,957
$284,314
$249,206
$275,721
$200,000
$250,000
$300,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
West Ashley(inside 526)Market Facts
West Ashley is located across the Ashley River, to the west of Downtown Charleston. One of the early suburban developments in the area, West Ashley offers a number of historic neighborhoods built in the mid 20th century. Well located, being just minutes from downtown, West Ashley offers an array of moderately priced, often brick homes on ample sized lots, some on the water with marsh views.
5
1908 Thee Street SP $1,850,000Dan Ravenel Sullivan’s Island
104 Church Street SP $1,333,000Ann Bacot Daughtridge South of Broad
significant sales in quarter 1 2015
305 Ocean Oaks Court SP $1,900,000H. Middleton Rutledge Kiawah Island
429 Whilden Street $1,449,000Casey Murphey Old Village
96 East Bay Street SP $1,200,000Sold by Casey Murphey South of Broad
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
136
127
120
130
140
Q2 2014 Q2 2015
Total Sales
$903,798
$888,556
$500,000
$750,000
$1,000,000
Q2 2014 Q2 2015
Average Sale Price
$397 $417
$250
$300
$350
$400
$450
Q2 2014 Q2 2015
Sold Price Per Sq3
118
168 151
173
100
150
200
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$941,911
$993,671
$944,888 $951,647
$903,798 $888,556
$800,000
$900,000
$1,000,000
$1,100,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Charleston Peninsula(Below Crosstown)Market Facts
Located on a peninsula between the Ashley and Cooper Rivers, Downtown Charleston is a bustling pedestrian city full of artists, businesspeople, students, and families. Cobblestone streets lined with live oaks lead to winding alleys full of charm. The famous Charleston gardens hide behind walls and iron gates, and magnif-icent parks such as White Point Gardens attract visitors from all over the world.
5
featured properties | downtown charleston
34 Lenwood Boulevard $1,349,000Dan Ravenel 3B 2.5b 2,503 SqFt
32 Prioleau Street, G $2,396,000Lenora White 2B 2.5b 2,583 SqFt
49 Society Street $2,200,000Casey Murphey 4B 4.5b 3,612 SqFt
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
338 345
100
200
300
400
Q2 2014 Q2 2015
Total Sales
$464,046
$478,148
$450,000
$460,000
$470,000
$480,000
Q2 2014 Q2 2015
Average Sale Price
$206 $223
$100
$150
$200
$250
Q2 2014 Q2 2015
Sold Price Per Sq3
56 52
71
60
40
50
60
70
80
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula=ve Days on Market
$486,820
$505,601
$475,153
$492,787
$464,046
$478,148
$440,000
$460,000
$480,000
$500,000
$520,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Mt. Pleasant(South of IOP Connector)Market Facts
Mt. Pleasant is located just north of downtown Charleston, and has many lovely homes in varied price ranges. Originally accessed via ferry and later two bridges, Mt. Pleasant is now a quick zip over the new Ravenel Bridge, completed in 2006. With this ease of access, Mt. Pleasant is quickly becoming the most popular spot for new residents in the Charleston area.
5
a look back...
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
The Old Village was listed on the National Register of Historic Places in 1973 and is considered to be a 30 block area surrounded by the Charleston Harbor, Shem Creek, Royal Avenue, and McCants Drive. Originally laid out in 1760 to resemble an English village, this area of Mount Pleasant was home to many successful plantations. In the 1770s, Andrew Hibben started his own ferry service to connect downtown Charleston, (at the time, Charles Towne) to this area of Mt Pleasant at Haddrell’s Point. The oldest home in the Old Village is the home of an original founder of Mt Pleasant, Jacob Motte and is lo-cated at 111 Hibben Street. In 1791, President George Washington waited in what is now the Old Village to travel to the peninsula via ferry during his Southern Tour.
The Old Village | MT. PleasanT
City of Charleston, South Carolina, looking across Cooper’s River / painted by G. Cooke ; engraved by W.J. Bennett. digital file from original print. Courtesy of the Library of Congress
336
369
300
320
340
360
380
Q2 2014 Q2 2015
Total Sales
$408,706
$432,976
$350,000
$400,000
$450,000
Q2 2014 Q2 2015
Average Sale Price
$160 $169
$100
$150
$200
$250
Q2 2014 Q2 2015
Sold Price Per Sq3
81
67
95
81
40
60
80
100
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$421,317
$446,198
$417,772
$440,174
$408,706
$432,976
$380,000
$400,000
$420,000
$440,000
$460,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Mt. Pleasant(North of IOP Connector)Market Facts
Waterways and marsh views are a common thread throughout Mount Pleasant, and life moves in the rhythm with those tidal creeks. One has only to search for homes in the Mount Pleasant area to notice the number of water views and lots looking out on open marsh. Enjoy the South Carolina’s pristine Lowcountry waters and wildlife, while remaining within close to Downtown Charleston in Mount Pleasant.
5
featured properties | mt. pleasant - north of the IOP connector
1805 Shell Ring Circle $685,000Hayley Mitchell Smith 5B 4.5b 3,842 SqFt
1982 Sandy Point Lane $4,225,000Lenora White 5B 6+b 9,200 SqFt
UNDER CONTRACT
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
19
16
10
15
20
Q2 2014 Q2 2015
Total Sales
$1,238,211
$1,329,125
$500,000
$1,000,000
$1,500,000
Q2 2014 Q2 2015
Average Sale Price
$450
$538
$400
$450
$500
$550
Q2 2014 Q2 2015
Sold Price Per Sq3
116
190 144
214
0 50
100 150 200 250
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula=ve Days on Market
$1,428,316 $1,464,438 $1,353,316
$1,398,313
$1,238,211 $1,329,125
$850,000
$1,050,000
$1,250,000
$1,450,000
$1,650,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Sullivans IslandMarket Facts
Just past the fabulous shopping and dining in Mount Pleasant sits the historic Sullivan’s Island. This beachfront community is steeped in tradition, and has a deep respect for nature. Homes range in price and run from large beach front mansions to smaller deep water homes accessing the Intracoastal Waterway.
5
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
international exposure
Daniel Ravenel Sotheby’s International Realty is proud to have 1480 Wando View Street here in Charleston featured around the world as the Extraordinary Property of the Day for Sotheby’s International Realty!! This is a truly magnificent showcase for this Daniel Island estate as well as all of Charleston real estate!
Local Family Tradition • Global Brand Recognition
5
92 94
80
90
100
110
Q2 2014 Q2 2015
Total Sales
$613,592
$654,559
$580,000
$600,000
$620,000
$640,000
$660,000
Q2 2014 Q2 2015
Average Sale Price $223 $229
$100
$150
$200
$250
Q2 2014 Q2 2015
Sold Price Per Sq3
76
52
77
57
40
50
60
70
80
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$632,140
$676,119
$625,802
$669,262
$613,592
$654,559
$580,000
$600,000
$620,000
$640,000
$660,000
$680,000
$700,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Daniel IslandMarket Facts
Daniel Island is located to the NorthWest of Mount Pleasant, and is accessed via 526. Separated from Mount Pleasant by the Wando River, Daniel Island is one of the newest areas of Charleston. A fully self contained area of Charleston, Daniel Island is home to shops, restaurants, salons, and businesses.
5
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
featured property | daniel island
1480 Wando View Street $3,885,000Andrew Robertson 5B 6.5b 5,507 SqFt
73 92
0
50
100
Q2 2014 Q2 2015
Total Sales
$705,508
$853,754
$650,000
$750,000
$850,000
$950,000
Q2 2014 Q2 2015
Average Sale Price
$351 $368
$260
$310
$360
$410
Q2 2014 Q2 2015
Sold Price Per Sq3
193 175
219 212
50
100
150
200
250
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$802,690
$923,186
$757,288
$912,274
$705,508
$853,754
$500,000
$700,000
$900,000
$1,100,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Wild Dunes & Isle of PalmsMarket Facts
Originally known as Long Island, the Isle of Palms has properties from smaller condos to homes well over a million dollars. Originally developed in the early 20th century as a resort destination with a hotel, and built up mid century with numerous veterans dwellings, the Isle of Palms has blossomed into a full resort destination. The renowned Wild Dunes community situated at the north end of the island offers innumerable amenities including tennis, clubhouses, and a world renowned golf course right on the Intracoastal Waterway.
featured property | isle of palms
35 23rd Avenue $799,000Ed Mitchell 2B 2b 1,251 SqFt
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
the MaRket in downtown ChaRleston
z
36
37
36
36
37
37
38
Q2 2014 Q2 2015
Total Sales
$1,776,998
$1,444,676
$500,000
$1,000,000
$1,500,000
$2,000,000
Q2 2014 Q2 2015
Average Sale Price $549 $548
$300
$400
$500
$600
Q2 2014 Q2 2015
Sold Price Per Sq3
84
249
104
258
50 100 150 200 250 300
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$1,891,122
$1,632,243
$1,854,536
$1,568,686
$1,776,998
$1,444,676
$1,000,000
$1,500,000
$2,000,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
South of BroadMarket Facts
This area is defined as the lower section of the peninsula located to the south of Broad Street, a main thoroughfare bisecting the oldest part of the city. Broad Street houses many businesses in-cluding banks and real estate offices, as well as a large collection of art galleries. Just past Broad Street heading south are some of the stateliest historical mansions in South Carolina.
5
featured property | south of broad
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
41 Tradd Street $2,495,000H. Middleton Rutledge 3B 3.5b 3,200 SqFt
27 25
20
30
Q2 2014 Q2 2015
Total Sales
$648,380
$717,793
$600,000
$650,000
$700,000
$750,000
Q2 2014 Q2 2015
Average Sale Price
$313
$372
$280 $300 $320 $340 $360 $380
Q2 2014 Q2 2015
Sold Price Per Sq3
122 152
192 152
0
100
200
300
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$667,478
$814,340
$680,780
$768,500
$648,380
$717,793
$500,000
$600,000
$700,000
$800,000
$900,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Harleston VillageMarket Facts
Located to the southwest of downtown, Harleston Village is a diverse and vibrant area of Charleston. Originally owned by the widow Harleston, who created today’s neighborhoods and streets from her husbands farm land. One of the larger downtown neigh-borhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.
5
featured development | harleston village
Halsey Park From $1,400,000Casey Murphey 2B+
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
13
8
0
5
10
15
Q2 2014 Q2 2015
Total Sales
$1,044,115
$1,039,550
$850,000 $900,000 $950,000
$1,000,000 $1,050,000 $1,100,000
Q2 2014 Q2 2015
Average Sale Price
$556
$565
$540
$560
$580
Q2 2014 Q2 2015
Sold Price Per Sq3
232 274 256
309
0
100
200
300
400
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$1,157,885 $1,287,350
$1,098,146 $1,142,863
$1,044,115 $1,039,550
$500,000
$1,000,000
$1,500,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
French Quarter Market Facts
The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Orig-inally named for the large concentration of French Huguenots living here, the French Quarter has no lack of charms with the famous Church Street, Queen Street and fabulous renovated warehouses and pre-Revolutionary buildings.
Search all charleSton and Sotheby’S InternatIonal realty propertIeS worldwIde from your phone or tablet!
To Download, Simply TextDRSIR to 87778
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
SIR Mobile features:
View our international and U.S. MLS listings from the Sotheby’s International Realty network anytime, anywhere from the convenience of any cell phone.Users have the ability to search for properties based on GPS location,
address, city or zip code. Save your search or favorite properties to view laterShare on Facebook or TwitterSend a property to a friend via text or emailSelect the “Call to See” option to connect to a Daniel Ravenel Sotheby’s
International Realty professional who will field any inquiries or schedule a home tourView full screen high quality photography of homes
SIR Mobile iPad features:
Amazing photos of some of the world’s most distinctive homesAlmost 40 points of interest based on the property locationOne -click-contact to a Daniel Ravenel Sotheby’s International Realty
professionalThe ability to save home search information and notes on a property
for future useA dynamic map feature displaying all available homes for sale or rent
based on a user’s location or interested city/neighborhood
Download the free MLS app for Android, iPhone, or iPad. With the GPS search feature you can stay in your car to instantly view more photos, info and price.
8 7
0
5
10
Q2 2014 Q2 2015
Total Sales
$969,488
$1,117,857
$500,000
$750,000
$1,000,000
$1,250,000
Q2 2014 Q2 2015
Average Sale Price
$442
$529
$350
$400
$450
$500
$550
Q2 2014 Q2 2015
Sold Price Per Sq3
164
94
188
94
25
75
125
175
225
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula>ve Days on Market
$1,064,225
$1,183,986
$1,022,225
$1,167,000
$969,488
$1,117,857
$750,000
$900,000
$1,050,000
$1,200,000
$1,350,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
List Price
Sold Price
Ansonborough Market Facts
Ansonborough is defined as the area between King and East Bay and George and Pinckney Streets just north of the historic market and Custom House. Rebuilt after the great fire of 1836, Ansonborough was the city’s first suburb and boasts some impressive historic homes which have undergone extensive restorations thanks to the work of the Historic Charleston Foundation.
from the office...
Charleston is being considered as a UNESCO World Heritage Site and would be the first US city to have that honor. The UNESCO World Heritage Site list is the highest possible recognition for a historic site which includes more than 1,000 sites in about 160 countries. Only 22 are found in the United States. Some of those include the Statue of Liberty, Independence Hall, Yosemite, and Grand Canyon.
There are many historic cities in Europe with the designation, but non in the US. Salzburg, Austria had only to show that the town had existing protections regarding its historic preservation. This should be the same situation in Charleston with our strong preservation societies and regulations on historic buildings in the downtown area.
If Charleston does become a World Heritage Site, it will hopefully attract a high-value cultural visitor who supports local businesses and nonprofits and spends more money than a typical tourist from the region.
No other US city has gotten this prestigious distinction and Charleston hopes to be the first. Now is your chance to own an historic property right here in Charleston during this exciting process. Find out more at www.charlestonworldheritage.org.
CharlesTOn being COnsidered as WOrld heriTage siTe
WriTTen by drsir agenT anne edsOn
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
13
9
0
5
10
15
Q2 2014 Q2 2015
Total Sales
$452,492
$502,289
$400,000
$450,000
$500,000
$550,000
Q2 2014 Q2 2015
Average Sale Price $338 $352
$100
$200
$300
$400
Q2 2014 Q2 2015
Sold Price Per Sq3
84 113
91 113
0
100
200
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula<ve Days on Market
$402,608
$524,878
$467,262
$518,000
$452,492
$502,289
$300,000
$400,000
$500,000
$600,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Radcliffeborough Market Facts
Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Up-per King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.
coming soon...
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
6
12
0
5
10
15
Q2 2014 Q2 2015
Total Sales
$384,417
$463,358
$200,000
$300,000
$400,000
$500,000
Q2 2014 Q2 2015
Average Sale Price
$247 $275
$100
$200
$300
Q2 2014 Q2 2015
Sold Price Per Sq3
101 71
101 71
0
50
100
150
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula=ve Days on Market
$400,467
$480,242 $401,900
$464,283
$384,417 $462,358
$-‐
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Canonborough & Elliotborough Market Facts
Cannonborough and Elliotborough are located above Morris and Bee Streets on the Peninsula and house a large portion of Charleston’s student population. Well located for walking access to the College of Charleston, Medical University and also to Upper King Street’s restaurants and bars, this area is a lively urban mix of age groups.
around town...exPlOre CharlesTOn, sC and iT’s reMarkable suburban areas
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
When you think of luxury in Charleston, many visitors and even some locals imagine either a spacious historic mansion south of broad, or a sprawling waterfront plantation setting with a traditional “tara-like” feel. While these homes do exist and sell for handsome prices, the reality is that Charleston’s luxury market is much more diverse and offers a plethora of options for the well qualified buyer. From new construction homes in master planned communities to extensive ren-ovations in eclectic neighborhoods, there are many true gems tucked away in some of Charleston’s beautiful suburban communities.
Community Spotlight: The Crescent
The neighborhood known as “The Crescent” is located only a short drive from downtown, but feels like a traditional suburban paradise. A beautifully planned neighborhood with winding streets, beautiful live oaks, shaded pedestrian friend-ly streets, and two lakes, this community is the epitome of Lowcountry living. Homes range from traditional one story brick structures on interior lots to sprawling estates with fabulous gardens and deep water docks. Lot values alone in The Crescent can start well over $500,000, whereas some of the most high priced real estate is valued in the multi-mil-lion dollar ranges.
The neighborhood borders the campus of Porter-Gaud, one of the areas many high quality preparatory schools. Many residents enjoy the walkability of the area, with both the school nearby and a diverse hopping and dining options only afew minutes walk away in South Windermere. The Crescent is located only a short 5 minute drive from downtown and the medical complex on the Peninsula, and offers one of the closest options for suburban living near downtown.
Community Spotlight: Kiawah Island, SC
Kiawah Island is a privately owned beach and golf resort located on a barrier island 15 miles south of Charleston, South Carolina. The island is lined with 10 miles of pristine beaches and approximately 10,000 acres of natural woodlands. Kiawah Island is truly a paradise not only for beach lovers, but also for golfers, tennis players and nature buffs. Residents and visitors enjoy walking or paddling tours, as well as a canoe ride along the marsh-lined creeks and waterways that surround the island. Play tennis at the two Kiawah Island tennis centers, ranked among the top 50 tennis resorts in the U.S. With a variety of restaurants, shopping at nearby Freshfields Village, and the abundance of outdoor activities, Kiawah Island, SC is the perfect choice for many families for a primary residence or a weekend retreat.
Homes on Kiawah Island are famous for their respect of the environment, often with wooded lots offering privacy and a respite for four legged neighbors. Many homes have been responsibly built, and features such as geo-thermal heat, special cost-saving windows and doors, and various eco-conscious initiatives are found throughout the homes on the island.
around town...exPlOre CharlesTOn, sC and iT’s reMarkable suburban areas
selling the extraordinary
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
Community Spotlight: Daniel Island
This recently built master planned community off the peninsula is located only about 20 minutes from downtown and offers Charleston Real Estate buyers an opportunity for fabulous new construction homes with a true old Charleston feel. A peaceful and harmonious golf and tennis community, Daniel Island affords locals and visitors with a multitude of charming neighborhoods and developments in many various price ranges. Single family homes start in the $500,000 range, and can reach prices north of $3,000,000 for desirable custom built homes on deep water. Smythe Park offers a lake and park which hosts events such as free summer concerts and neighborhood gatherings, and it even boasts a beau-tiful man made lake bordered by homes, all benefiting from charming views off large porches.
The coveted “Park Side” of Daniel Island offers many amenities such as a lovely club house, golf courses and community pool and tennis courts for members and homeowners. Many homes on this side of the island have golf views or marsh views, and there are also a number of lovely deep water homes offering private and semi-private docks for large boats. With fabulous amenities like a world class tennis center and professional soccer stadium, miles of biking and walking trails throughout the island, as well as shops and restaurants, this area of Charleston affords a lifestyle unlike any other.
Community Spotlight: Wadmalaw and Martin’s Point Plantation
Wadmalaw Island is a unique and rare community south of Charleston. With a special zoning overlay, homes on Wad-malaw are built on much larger lots than other parts of Charleston county (deep water lots may be no smaller than 3 acres, and other lots required to be at least 10 acres each), the rural character of Wadmalaw is palpable. Its peaceful waterfront communities and multiple small family farms coexist in harmony to create a bucolic oasis of calm only 20-30 minutes from downtown. The areas farm-to-table movement practically began here, with local farmers providing fresh produce and supplies to local restaurants. Many farms open their doors to the public, including the Charleston Tea Plan-tation and Irvin House Vineyards and distillery, which creates a sought after destination to delight visitors and locals alike.
Martins Point Plantation on Wadmalaw is a tranquil oasis with about 42 homes and homesites. A 900 acre community lo-cated along the deep waters of the Intracoastal Waterway, Martins Point offers homeowners a unique and tranquil oasis with an historic cemetery, several miles of trails and roads for riding and walking, and ponds and islands for homeowner use. Protected by a conservation easement with the Lowcountry Open Land Trust, Martins Point Plantation will remain as pristine as it is today for generations to come.
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35
24
0
10
20
30
40
Q2 2014 Q2 2015
Total Sales
$375,424 $404,946
$250,000
$350,000
$450,000
Q2 2014 Q2 2015
Average Sale Price $219
$235
$50
$150
$250
Q2 2014 Q2 2015
Sold Price Per Sq3
57 55
70
55
20
40
60
80
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula?ve Days on Market
$394,055 $417,700 $384,587
$410,408
$375,424 $404,946
$200,000
$300,000
$400,000
$500,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Wagener Terrace & Hampton ParkMarket Facts
Wagener Terrace is a suburban area with marsh views and numer-ous well located, moderately priced homes. Hampton Park gains its name from the large green space in its center which was a world fair site in 1900.
waterfront properties on the marketWhether you search for a riverfront escape or a home nestled on sandy beaches…a waterfront property offers a tranquil backdrop for an extraordinary life. If the call of water speaks to you, then let us take you on a journey into the finest waterfront properties in the world…where your next home awaits you.
2205 Pinopolis Road $1,400,000Marcia Guthrie 5B 4.5b 5,608 SqFt
123 Halona Lane $2,200,000H. Middleton Rutledge 3B 3.5b 5,967 SqFt
2732 Jenkins Point Road $4,599,000Lenora White & David Crump 5B 4.5b 4,800 SqFt
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6 4
0
5
10
Q2 2014 Q2 2015
Total Sales
$663,833
$1,650,000
$-‐
$500,000
$1,000,000
$1,500,000
$2,000,000
Q2 2014 Q2 2015
Average Sale Price $351 $331
$100
$200
$300
$400
Q2 2014 Q2 2015
Sold Price Per Sq3
66
150
80
150
0
50
100
150
200
Q2 2014 Q2 2015
Days On Market
Days on Market
Cumula=ve Days on Market
$702,500
$1,718,250
$683,167
$1,717,250
$663,833
$1,650,000
$100,000
$600,000
$1,100,000
$1,600,000
$2,100,000
Q2 2014 Q2 2015
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Wraggborough Market Facts
Wraggborough is an area north of Ansonborough which features lovely ancient oaks and parks alongside well constructed, historic homes in a variety of price ranges. Originally owned by the Wragg family and divided among the descendents, it is home to the Charleston Museum which is the oldest museum in America.
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33 Broad StreetCharleston, SC 29401
O: 843.723.7150 | 843.723.7494
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Daniel Ravenel Sotheby’s International Realty33 Broad Street
Charleston, SC 29401O: 843.723.7150 | F: 843.723.7494
www.DanielRavenelSIR.com