Kevin King 2020 Mid-Year Market Report For Colleton River

2020 MID-YEAR

Market Report A PUBLICATION BY KEVIN KING ASSOCIATES

COLLETON RIVER

CHARTER ONE REALTY #1 Ranked Real Estate Company in The Lowcountry

OVER $1 BILLION IN PROPERTY SALES S U C C E S S F U L M A R K E T I N G W I T H P R O V E N R E S U LT S

Charter One Realty’s marketing solutions have consistently proven an ability to create focused and rewarding marketing campaigns. Our approach to marketing and targeting the most qualified purchasers has generated over $1 Billion worth of property sales in 2019.

Our in-depth knowledge of the Lowcountry real estate market is highly-specialized, and our expertise has proven to be of significant value to our clients.

Discover the advantages of working with a company known for innovation and unparalleled results.

THE FOLLOWING PAGES REPRESENT MY 2020 NOTABLE COLLETON RIVER SALES, CURRENT LISTINGS, AND A MID-YEAR MARKET SNAPSHOT.

COLLETON RIVER MARKET SNAPSHOT Data current through July 15, 2020

Colleton River Homes

Year To Date

Key Metrics

2019

2020

% Change

New Listings

27

40

+48.1%

Closed Sales

13

15

+15.3%

Median Sales Price

$1,015,000

$1,275,000

+25.6%

Percent of List Price Received

93.98%

96.06%

+2.2%

Data Current Through July 15, 2020 Colleton River Homesites

Year To Date

Key Metrics

2019

2020

% Change

New Listings

21

31

+47.6%

Closed Sales

5

6

+20.0%

Median Sales Price

$25,000

$97,500

+290.0%

Percent of List Price Received

100%

93.42%

-6.5%

Data Current Through July 15, 2020

The statistical data contained herein has not been verified by the MLS of Hilton Head Island, Inc. and the publication of information hereof is not a representation of warranty of fact whatsoever.

SOLD COLLETON RIVER TRANSACTIONS Sold Homes and Homesites From January 1, 2020 - July 15, 2020 STREET ADDRESS

BR

BA

HBA

SQ.FT.

VIEW

59 OAK TREE ROAD

4

4

1

5,719

Deep Water

163 INVERNESS DRIVE

5

6

1

6,813

Marsh, River

58 HAWTHORNE RD

4

4

1

4,450

Marsh, River

9 HIGH PONDS LANE

4

4

1

5,872

Deep Water, River

55 MAGNOLIA BLOSSOM DR

4

4

1

5,260

Golf, Pool

119 INVERNESS DRIVE

4

7

2

5,178

Marsh, River

30 WHITEHALL DRIVE

4

4

1

4,270

Golf, Marsh

12 TURNBERRY WAY

5

6

1

6,357

Marsh, River

12 BALLYBUNION WAY

4

5

2

6,500

Golf

19 COLLETON RIVER DR

3

3

2

3,388

Golf, Lagoon

23 HANOVER WAY

4

4

1

3,821

Golf, Marsh

14 WEDGEWOOD CIRCLE

4

4

1

4,443

Deep Water, Marsh

3 ASHLEY HALL DRIVE

3

4.5

1

4,137

Golf, Lagoon

17 COLLETON RIVER DRIVE

4

5

1

3,817

Golf, Lagoon

36 HAWTHORNE ROAD

4

4

0

3,845

Golf, Lagoon

99 INVERNESS DRIVE

Lot

Deep Water, Marsh

157 INVERNESS DRIVE

Lot

Deep Water, Marsh

25 MULBERRY ROAD

Lot

Marsh

30 HAMPTON LANE

Lot

Marsh, Sound

4 INVERNESS DRIVE

Lot

Lagoon

41 INVERNESS DR

Lot

Lake

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

SALE PRICE

LISTING BROKERAGE

SELLING BROKERAGE

$2,625,000

Charter One Realty

Bay Street Realty

$2,050,000

Charter One Realty

Keller Williams

$1,600,000

Charter One Realty

Charter One Realty

$1,600,000

Charter One Realty

Charter One Realty

$1,440,000

Charter One Realty

Collins Group Realty

$1,420,000

Charter One Realty

Charter One Realty

$1,367,000

Charter One Realty

Charter One Realty

$1,275,000

Charter One Realty

Charter One Realty

$1,200,000

Charter One Realty

Weichert Realtors

$922,500

Charter One Realty

Celia Dunn Sotheby’s

$895,000

Sea Pines Real Estate

Charter One Realty

$635,000

Boardwalk Properties

Charter One Realty

$599,000

Charter One Realty

Charter One Realty

$533,000

Carson Realty, LLC

ERA Southcoast Coastal

$490,000

Charter One Realty

Charter One Realty

$390,000

Celia Dunn Sotheby’s

Dunes Real Estate

$328,000

Celia Dunn Sotheby’s

Charter One Realty

$100,000

Charter One Realty

Charter One Realty

$95,000

Charter One Realty

Charter One Realty

$15,000

Coastal Properties of SC

Charter One Realty

$1

Charter One Realty

Charter One Realty

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

SOLD KEVIN KING REPRESENTED: SELLER & BUYER MARSH AND RIVER VIEWS

58 HAWTHORNE ROAD 4BR

4BA

1HBA

| SALE PRICE: $1,600,000

SOLD KEVIN KING REPRESENTED: SELLER & BUYER D E E P W AT E R A N D R I V E R V I E W S

9 HIGH PONDS LANE 4BR

4BA

1HBA

| SALE PRICE: $1,600,000

SOLD KEVIN KING REPRESENTED: SELLER VIEWS OF NICKLAUS COURSE

55 MAGNOLIA BLOSSOM DRIVE 4BR

4BA

1HBA

| SALE PRICE: $1,440,000

SOLD KEVIN KING REPRESENTED: SELLER & BUYER MARSH AND RIVER VIEWS

12 TURNBERRY WAY 5BR

5BA

1HBA

| SALE PRICE: $1,275,000

SOLD KEVIN KING REPRESENTED: BUYER GOLF AND LAGOON VIEWS

36 HAWTHORNE ROAD 4BR

4BA

| SALE PRICE: $490,000

SOLD KEVIN KING REPRESENTED: SELLER GOLF AND LAKE VIEWS

19 COLLETON RIVER DRIVE 3BR

3BA

2HBA

| SALE PRICE: $922,500

UNDER CONTRACT IN COLLETON RIVER Homes and Homesites Under Contract as of July 15, 2020 BR

BA

HBA

LIST PRICE

LISTING BROKERAGE

SELLING BROKERAGE

95 INVERNESS DRIVE

3

3

0

$2,375,000

Charter One Realty

Collins Group Realty

21 MULBERRY ROAD

4

6

2

$1,599,000

Hilton Head Properties

Charter One Realty

14 BALLYBUNION WAY

4

5

1

$1,395,000

Charter One Realty

Charter One Realty

22 INVERNESS DRIVE

4

7

2

$1,395,000

Charter One Realty

Charter One Realty

62 INVERNESS DR

3

4

1

$1,295,000

Charter One Realty

Charter One Realty

5 BALLYBUNION WAY

4

6

2

$1,295,000

Charter One Realty

Charter One Realty

30 MIDDLETON GARDENS

5

5

1

$1,249,000

Charter One Realty

Charter One Realty

124 INVERNESS DRIVE

5

6

1

$1,149,000

Charter One Realty

Celia Dunn Sotheby’s

71 INVERNESS DRIVE

4

5

0

$949,000

Charter One Realty

Charter One Realty

116 INVERNESS DRIVE

5

6

1

$895,000

Charter One Realty

Celia Dunn Sotheby’s

4 HONORS COURT

4

5

0

$895,000

Charter One Realty

Engel & Volkers

66 INVERNESS DRIVE

4

5

1

$829,000

Charter One Realty

Weichert Realtors

12 HANOVER WAY

4

7

2

$799,000

Charter One Realty

Charter One Realty

14 HAMPTON LANE

3

5

1

$775,000

Celia Dunn Sotheby’s

Sea Pines Real Estate

93 INVERNESS DRIVE

LOT

$725,000

Celia Dunn Sotheby’s

Celia Dunn Sotheby’s

$649,000

Charter One Realty

Berkshire Hathaway

STREET ADDRESS

10 HANOVER WAY

3

3

0

147 INVERNESS DRIVE

LOT

$409,000

Celia Dunn Sotheby’s

Celia Dunn Sotheby’s

143 INVERNESS DRIVE

LOT

$325,000

Celia Dunn Sotheby’s

The Edwards Group

79 INVERNESS DRIVE

LOT

$309,000

Charter One Realty

Charter One Realty

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

ACTIVE LISTINGS IN COLLETON RIVER Homes on the Market as of July 15, 2020 BR

BA

HBA

SQ.FT.

LIST PRICE

LISTING BROKERAGE

165 INVERNESS DRIVE

4

6

1

5,436

$2,550,000

Charter One Realty

164 INVERNESS DRIVE

5

6

1

7,163

$2,295,000

Charter One Realty

21 MIDDLETON GARDENS PL

4

5

1

6,303

$1,975,000

Charter One Realty

42 MAGNOLIA BLOSSOM DR

4

7

1

7,060

$1,850,000

Charter One Realty

91 OAK TREE ROAD

5

7

2

6,499

$1,795,000

Charter One Realty

12 WEDGEWOOD CIRCLE

4

7

3

4,888

$1,599,000

Charter One Realty

38 WHITEHALL DRIVE

4

5

1

4,350

$1,395,000

Collins Group Realty

7 LAUREL HILL COURT

5

6

2

5,161

$1,299,000

Charter One Realty

16 MIDDLETON GARDENS PL

4

5

1

4,011

$1,299,000

Charter One Realty

7 SOMERSET POINT

4

5

1

4,300

$1,295,000

Charter One Realty

10 BALLYBUNION WAY

4

5

1

4,644

$1,275,000

Charter One Realty

11 TURNBERRY WAY

4

7

2

6,029

$1,249,000

Charter One Realty

12 BAYLEY ROAD

6

7

1

5,180

$1,199,000

Charter One Realty

22 BALLYBUNION WAY

5

6

1

5,404

$1,195,000

Celia Dunn Sotheby's

37 INVERNESS DRIVE

4

5

2

3,900

$1,150,000

Charter One Realty

42 INVERNESS DRIVE

4

5

1

4,588

$1,049,000

Charter One Realty

8 WHITEHALL DR

4

5

1

3,468

$1,039,000

Charter One Realty

15 HANOVER WAY

4

5

1

5,064

$975,000

Charter One Realty

STREET ADDRESS

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

BR

BA

HBA

SQ.FT.

LIST PRICE

LISTING BROKERAGE

28 WHITEHALL DRIVE

5

6

1

5,766

$995,000

Charter One Realty

54 INVERNESS DRIVE

5

4

1

4,279

$895,000

Charter One Realty

10 MACKAYS POINT

4

5

1

3,204

$899,000

Charter One Realty

4 HONORS COURT

4

5

0

4,451

$895,000

Charter One Realty

3 MACKAYS POINT

4

5

1

4,323

$849,000

Charter One Realty

5 MAGNOLIA BLOSSOM DR

4

5

1

4,224

$849,000

Charter One Realty

33 HAMPTON LANE

4

5

1

5,087

$849,000

Celia Dunn Sotheby's

9 STONEY PARK LANE

4

6

1

3,898

$799,000

Charter One Realty

46 INVERNESS DRIVE

3

4

1

3,871

$700,000

Celia Dunn Sotheby's

26 MIDDLETON GARDENS PL

4

5

1

4,250

$699,000

Charter One Realty

7 STONEY PARK LANE

4

5

1

3,631

$695,000

Charter One Realty

7 OAKLEY COURT

4

5

1

3,492

$689,000

Charter One Realty

10 WHITEHALL DRIVE

4

5

1

3,650

$599,000

Charter One Realty

1 STONEY PARK LANE

4

4

0

4,662

$549,500

Charter One Realty

2 MIDDLEBURG COURT

4

4

0

3,030

$539,500

Charter One Realty

7 KITTANSETT COURT

4

5

1

4,222

$499,900

RE/MAX Island Realty

29 MAGNOLIA BLOSSOM DR

3

3

0

2,795

$499,000

Charter One Realty

15 ASHLEY HALL DRIVE

4

4

1

4,018

$495,000

I Save Realty

STREET ADDRESS

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

ON THE MARKET IN COLLETON RIVER FEATURED LISTINGS BY KEVIN KING

HOMESITES HOMESITE

18 BALLYBUNION WAY

GOLF VIEW

HOMESITE

13 MAGNOLIA BLOSSOM DRIVE

GOLF VIEW

HOMESITE

7 MAGNOLIA BLOSSOM DRIVE

GOLF VIEW

HOMES

FEATURED LISTINGS BY KEVIN KING

V I E W S O V E R P O R T R OYA L S O U N D A N D AT L A N T I C O C E A N

164 INVERNESS DRIVE 5BR

5BA

1HBA

| P R E S E N T E D AT: $ 2 , 2 9 5 , 0 0 0

V I E W S O F M A R S H A N D M AC K AY ’ S C R E E K

21 MIDDLETON GARDENS PLACE 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 1 , 9 7 5 , 0 0 0

LUXURY AWAITS

42 MAGNOLIA BLOSSOM DRIVE 4BR

6BA

1HBA

| P R E S E N T E D AT: $ 1 , 8 5 0 , 0 0 0

STRIKING MARSH VIEWS

12 WEDGEWOOD CIRCLE 4BR

4BA

3HBA

| P R E S E N T E D AT: $ 1 , 5 9 9 , 0 0 0

B E A U T I F U L M A R S H & G O L F V I E W S F R O M N E A R LY E V E R Y R O O M

7 LAUREL HILL COURT 5BR

4BA

2HBA

| P R E S E N T E D AT: $ 1 , 2 9 9 , 0 0 0

LOWCOUNTRY LIVING

16 MIDDLETON GARDENS PLACE 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 1 , 2 9 9 , 0 0 0

TIMELESS FRENCH COUNTRY DESIGN | TURN-KEY FURNISHED

10 BALLYBUNION WAY 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 1 , 2 7 5 , 0 0 0

MAGNIFICENT CHARLESTON STYLE HOME

12 BAYLEY ROAD 6BR

6BA

1HBA

| P R E S E N T E D AT: $ 1 , 1 9 9 , 0 0 0

O U T STA N D I N G O P E N F LO O R P L A N

42 INVERNESS DRIVE 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 1 , 0 4 9 , 0 0 0

BEAUTIFUL MARSH AND GOLF VIEWS

15 HANOVER WAY 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 9 7 5 , 0 0 0

EXQUISITE GOLF AND MARSH VIEWS

28 WHITEHALL DRIVE 5BR

5BA

1HBA

| P R E S E N T E D AT: $ 9 9 5 , 0 0 0

MAGNIFICENT MARSH FRONT HOME

10 MACKAYS POINT 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 8 9 9 , 0 0 0

PRISTINE LOWCOUNTRY HOME

54 INVERNESS DRIVE 5BR

4BA

1HBA

| P R E S E N T E D AT: $ 8 9 9 , 0 0 0

BEAUTIFUL LAKE ON THE NICKLAUS COURSE

3 MACKAYS POINT 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 8 4 9 , 0 0 0

LOWCOUNTRY LIVING

5 MAGNOLIA BLOSSOM DRIVE 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 8 4 9 , 0 0 0

V E R Y P R I VAT E . 6 0 AC R E H O M E S I T E

9 STONEY PARK LANE 4BR

5BA

1HBA

| P R E S E N T E D AT: $ 7 9 9 , 0 0 0

PRICED TO SELL

7 STONEY PARK LANE 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 6 9 5 , 0 0 0

VIEWS OF NICKLAUS COURSE

7 OAKLEY COURT 4BR

4BA

1HBA

| P R E S E N T E D AT: $ 6 8 9 , 0 0 0

T H I S 4 , 6 6 2 S Q . F T. S P E C T A C U L A R H O M E I S “ M O V E - I N - R E A D Y.”

1 STONEY PARK LANE 4BR

4BA

0HBA

| P R E S E N T E D AT: $ 5 4 9 , 5 0 0

PERFECT BUNGALOW WITH GOLF VIEWS

29 MAGNOLIA BLOSSOM DRIVE 3BR

3BA

0HBA

| P R E S E N T E D AT: $ 4 9 9 , 0 0 0

| TURN-KEY FURNISHED

how we sell

your property Charter One Realty brings an unparalleled array of resources to work for you. We develop the marketing plan that will sell your property the way you want to sell it.

prelaunch

1 2 3 4

Full marketing plan is prepared. Creative development for brochures, professional photography, direct mail, property website, email campaign, etc., begins.

targeted outreach

Word is spread through our sphere of influence (clients, broker network, influencers, etc.).

buzz creation

full court

Property is launched online.

Email campaign is rolled out.

Social media sources are activated (if applicable).

All marketing channels are saturated with content about your property. Your property is featured on CharterOneRealty.com and appears across our syndication of search engines, print and digital advertising, social media, and more.

LUXURY MARKET SHARE When it comes to matching buyers with luxury properties, Charter One Realty dominates the market. Our brokerage has out-paced every other brokerage in the Lowcountry, representing more buyers and sellers of million-plus properties year after year. Having such a strong foothold on this competitive market not only continues to reinforce the company’s position in the Lowcountry, but throughout the nation, ranking Charter One Realty among the top 500 brokerages in the U.S. With more than 115 million-plus transactions so far in 2020, Charter One Realty commands a majority 30.8% market share in the million-plus residential luxury market in the Lowcountry.

Our consistent investments on behalf of Buyers, Sellers, and Communities for over three decades pays dividends for our clients. Like the international luxury brands, Charter One Realty employs world-class marketing with global reach. But one need only look at actual sales in the area’s luxury communities, and at the area’s $1,000,000+ transactions to understand that Charter One Realty is the Lowcountry’s Leading Luxury Brand.

Company

Million-Plus Buyers Represented in 2020

Million-Plus Sellers Represented in 2020

Charter One Realty

55

61

Celia Dunn Sotheby’s

3

10

Engle & Volkers

1

2

Berkshire Hathaway

4

6

COLLETON RIVER MARKET SHARE Since 2005, Charter One Realty has maintained the highest sales volume in Colleton River, 18 times more than the #2 ranked brokerage in 2019. Part of our success in Colleton River can be attributed to the fact that many of our real estate professionals live and work in the community. That Colleton River knowledge and experience cannot be found in any other brokerage in our area.

Company

Colleton River Buyers Represented in 2020

Colleton River Sellers Represented in 2020

Sales Volume in Colleton River

Charter One Realty

10

12

$20,817,502

The Simon Group

1

0

$2,625,000

Keller Williams Realty

1

0

$2,050,000

Collins Group Realty

1

0

$1,440,000

Celia Dunn Sotheby’s

1

1

$ 1,250,500

Weichert Realtors

1

0

$ 1,200,000

Sea Pines Real Estate

0

1

$ 895,000

Boardwalk Properties

0

1

$ 635,000

ERA S Coastal Real Estate

1

0

$533,000

Carson Realty, LLC

0

1

$533,000

Dunes Real Estate

1

0

$390,000

Data Current Through July 15, 2020

COLLETON RIVER SALES VOLUME BY AGENT As a Colleton River property owner, I have a vested interest in the community that I call home. I am proud to say that our brokerage has produced more than 65% of the Colleton River buyers and successfully listed and marketed 75% of the sold listings in Colleton River year-to-date. Our commitment to Colleton River remains strong. The record shows that we have

the resources, experience, and the buyers to accomplish your real estate goals.

Agent

Colleton River Buyers Represented in 2020

Colleton River Sellers Represented in 2020

Sales Volume in Colleton River

Kevin King

7

6

$12,425,500

Agent #2

2

2

$4,932,000

Agent #3

2

1

$2,897,000

Agent #4

3

1

$ 2,888,000

Agent #5

0

1

$2,625,000

Data Current Through July 15, 2020

SALES DOLLAR VOLUME

$12.4 MILLION

$4.9M

$2.8M

Kevin King Associates

Agent #2

Agent #3

$2.8M

Agent #4

$2.6M

Agent #5

This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.

400

Potential buyer leads generated each month.

175

CharterOneRealty.com was visited by international visitors from over 175 countries around the world.

570K+

CharterOneRealty.com has seen more than 570,000 website visitors in 2020 alone. More than 40% of our website visitors return to our site to continue their search for real estate.

1.6M+

CharterOneRealty.com has more than 1.6M pageviews in 2020.

12.5K+ The Colleton River webpage on CharterOneRealty.com has seen more than 12,500 website visitors year-to-date.

ONLINE ADVANTAGE

#1 LOCAL BROKERAGE WEBSITE CharterOneRealty.com is the #1 local website marketing local properties and we pride ourselves on having the most extensive online marketing program in our area. Our listings receive more views, more clicks, and more interested buyers. Not only are our listings included on major websites like Zillow and Trulia, but our properties are featured on Realtor.com. Our listings are tracked by ListHub, so we can continuously monitor the number of views and inquiries on our properties which allows us to react and adjust our marketing efforts - always with the goal of reducing market time.

ENHANCED ONLINE POSITIONING Based on the historical data that our brokerage has collected, we have a unique understanding of our feeder markets and potential buyers. Armed with this knowledge, we use remarketing and geo-targeting to present properties to potential buyers in specific locations and target users based on internet browsing behavior such as those visiting real estate-related websites. Our ad network includes hundreds of top sites ranging from Forbes.com to ESPN.com to cater specifically to the clients we serve.

4:23

Average session duration on the Colleton River Page on CharterOneRealty.com is 4 minutes and 23 seconds.

LOCAL POSTAL CUSTOMER

LISTING YOUR HOME?

TAILORED REAL ESTATE MARKETING WITH PROVEN RESULTS

Our tailored marketing program is designed to elevate each property listed with Charter One Realty, instantly distinguishing them in the eyes of the purchasing community.

Discover the advantages of working with a company known for innovation and unparalleled results.

Kevin King Cell: 843.384.9466 Email: Kevin@KevinKingAssociates.com Steve Harmon Cell:Â 843.816.1035 Email: SteveHarmon@CharterOneRealty.com 2 Colleton River Drive | Bluffton, SC 29910

WWW.KEVINKINGASSOCIATES.COM This is not a solicitation of properties already listed with a REALTOR.