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2018 Year in Review

Charleston Area

Market Update


Year in Review Market Update Section 1: Charleston Area


Featured Properties

2619 Bayonne Street | Sullivan’s Island

35 Tradd Street | South of Broad

9 Limehouse Street | South of Broad


Johns Island and Wadmalaw Island 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 785

Avg. Sold Price Per SqFt

2018 886

2017 $165

2018 $166

Average Days on Market 2017 59

2018 63

Average Sales Price 2017 2018 $345,475 $378,571

Our Johns Island and Wadmalaw Island Listings 3970 Betsy Kerrison Pkwy $990,000 2408 Maybank Hwy 105 (Under Contract) $975,000 2408 Maybank Hwy 104 $950,000 2408 Maybank Hwy 103 $950,000 2408 Maybank Hwy 102 $925,000 2408 Maybank Hwy 101 $925,000 4996 Maybank Hwy $799,000 0 Pawlett Blake Lane 32 $310,500 0 Pawlett Blake Lane 31 $300,000 0 Pawlett Blake Lane 29B $99,000

James Island and Folly Beach 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 1,120 1,051

2017 $213

2018 $226

Average Days on Market 2017 57

2018 52

Average Sales Price 2017 2018 $391,726 $418,602

Our James Island and Folly Beach Listings 2033 Frampton Avenue $975,000 114 W Ashley Avenue $755,000 1755 Central Park Road 7313 $219,000


3970 Betsy Kerrison Parkway


West Ashley (Inside I-526) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 635

Avg. Sold Price Per SqFt

2018 625

2017 $186

2018 $198

Average Days on Market 2017 41

2018 44

Average Sales Price 2017 2018 $308,809 $352,408

Our West Ashley (Inside I-526) Listings 1505 Hurtes Island Drive $1,195,000 3 Formosa Drive (Under Contract) $950,000 55 Shrewsbury Road $579,000

West Ashley (Outside I-526) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 1,242 1,151

2017 2018 $140 $146

Average Days on Market 2017 38

2018 42

Average Sales Price 2017 2018 $266,854 $281,262

Our West Ashley (Outside I-526) Listings 1634 Bull Creek Lane $125,000


Rural West Ashley 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 176

2018 157

Avg. Sold Price Per SqFt 2017 $150

2018 $155

Average Days on Market 2017 94

2018 100

Average Sales Price 2017 2018 $357,316 $376,792

Our Rural West Ashley Listings 5720 Captain Kidd Road $389,500

1505 Hurtes Island Drive


North Charleston (Inside I-526) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 438

Avg. Sold Price Per SqFt

2018 416

2017 $135

2018 $150

Average Days on Market 2017 56

2018 36

Average Sales Price 2017 2018 $204,162 $230,239

North Charleston/Summerville (Outside I-526) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 1,000 899

2017 $105

2018 $110

Average Days on Market 2017 39

2018 33

Average Sales Price 2017 2018 $169,247 $170,124

Summerville Area 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 4,851 4,933

Avg. Sold Price Per SqFt 2017 $118

2018 $122

Average Days on Market 2017 46

2018 45

Average Sales Price 2017 2018 $236,113 $250,383

Our Summerville Area Listings 110 S Hickory Street $1,250,000 512 Cross Park Lane $279,000


131 Halona Lane


Kiawah Island and Seabrook Island 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 269

2018 272

Avg. Sold Price Per SqFt 2017 $386

2018 $295

Average Days on Market 2017 193

2018 195

Average Sales Price 2017 2018 $665,836 $713,276

212 Ocean Marsh

Our Kiawah Island and Seabrook Island Listings 212 Ocean Marsh $3,595,000 121 Halona Lane $3,195,000 125 Halona Lane $3,095,000 131 Halona Lane $3,095,000 117 Halona Lane $2,395,000 119 Halona Lane $2,295,000 565 Bufflehead Drive $1,995,000 123 Halona Lane $1,950,000 5511 Cypress Cottage Lane $1,695,000 2611 High Hammock Road $886,000 175 Marsh Island Drive (Under Contract) $629,000 1328 Pelican Watch $345,000 1357 Pelican Watch $305,900 1701 Live Oak Park (Under Contract) $170,000


3318 Jasper Boulevard


Sullivan’s Island 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 59 64

2017 $619

2018 $697

Average Days on Market 2017 148

2018 93

Average Sales Price 2017 2018 $1,970,809 $2,111,400

Our Sullivan’s Island Listings 2619 Bayonne Street $7,745,000 3318 Jasper Boulevard $5,350,000 1301 Cove Avenue $2,195,000

Isle of Palms and Wild Dunes 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 312

Avg. Sold Price Per SqFt

2018 300

2017 $415

2018 $435

Average Days on Market 2017 158

2018 136

Average Sales Price 2017 2018 $877,611 $943,549

Our Isle of Palms and Wild Dunes Listings 18 Commons Court (Under Contract) $679,000 103 Port O Call D $410,000


Mt. Pleasant (S of IOP Connector) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 1,300 1,174

2017 2018 $259 $264

Average Days on Market 2017 62

2018 54

Average Sales Price 2017 2018 $537,723 $572,382

Our Mt. Pleasant (S of IOP Connector) Listings 123 Hibben Street $5,250,000 630 Pitt Street $2,575,000 269 Cooper River Drive $1,790,000 303 Morrison Street $1,195,000 734 Mildenhall Road $744,000

Mt. Pleasant (N of IOP Connector) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 1,429 1,326

Avg. Sold Price Per SqFt 2017 $192

2018 $195

Average Days on Market 2017 72

2018 72

Average Sales Price 2017 2018 $474,384 $501,774

Our Mt. Pleasant (N of IOP Connector) Listings 1822 Chauncys Court $389,000 3782 Tupelo Church Lane $359,900 2745 Rush Haven Drive $228,900


Dewees Island 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales

Avg. Sold Price Per SqFt

2017 2018 7 4

2017 $319

2018 $246

Average Days on Market 2017 375

Average Sales Price

2018 537

2017 2018 $1,012,886 $671,250

Our Dewees Island Listings 171 Dewees Inlet Drive

$2,449,000

Daniel Island 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 325

2018 343

Avg. Sold Price Per SqFt 2017 2018 $252 $260

Average Days on Market 2017 73

2018 93

Average Sales Price 2017 2018 $695,128 $776,015

Our Daniel Island Listings 55 Watroo Point

$1,050,000

Wando and Cainhoy 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 261

2018 267

Avg. Sold Price Per SqFt 2017 2018 $283 $176

Average Days on Market 2017 52

2018 57

Average Sales Price 2017 2018 $361,352 $405,440


171 Dewees Inlet Drive


Year in Review Market Update Section 2: Downtown Charleston


Downtown Charleston (Inside Crosstown) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 429

2018 434

Avg. Sold Price Per SqFt 2017 2018 $463 $493

Average Days on Market 2017 108

2018 96

Average Sales Price 2017 2018 $982,118 $1,025,965

Our Downtown Charleston (Inside Crosstown) Listings 9 Tradd Street (Under Contract) $7,280,000 9 Limehouse Street $5,200,000 2 Wharfside Street 3-W $2,800,000 35 Tradd Street $2,350,000 166 Wentworth Street $1,850,000 60 Bull Street A&B $1,465,000 31 State Street $1,400,000 165 Tradd Street $1,299,000 48 Warren Street $1,095,000 3 Chisolm Street $799,000 184 Wentworth Street $799,000 52 South Battery Street G $718,000 5 Talon Court $675,000 77 Bull Street $550,000 81 Bull Street $475,000 79 Bull Street $450,000 173 Rutledge Avenue S $414,000 348 King Street M (Under Contract) $355,000 14 Lockwood Drive 4H $325,000

Downtown Charleston (Outside Crosstown) 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 182

2018 189

Avg. Sold Price Per SqFt 2017 2018 $302 $306

Average Days on Market 2017 54

2018 59

Average Sales Price 2017 2018 $499,087 $491,334


South of Broad 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 95 100

Avg. Sold Price Per SqFt 2017 2018 $623 $624

Average Days on Market 2017 167

2018 121

Average Sales Price 2017 2018 $1,931,214 $1,941,825


Harleston Village 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 66 68

Avg. Sold Price Per SqFt 2017 $416

2018 $463

Average Days on Market 2017 102

2018 105

Average Sales Price 2017 2018 $942,095 $964,965

French Quarter 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 21 18

Avg. Sold Price Per SqFt 2017 2018 $739 $623

Average Days on Market 2017 157

2018 89

Average Sales Price 2017 2018 $982,458 $1,209,097

Ansonborough 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 2018 30 21

Avg. Sold Price Per SqFt 2017 $515

2018 $532

Average Days on Market 2017 139

2018 108

Average Sales Price 2017 2018 $1,228,660 $1,182,762


Radcliffeborough 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 43

2018 31

Avg. Sold Price Per SqFt 2017 2018 $395 $403

Average Days on Market 2017 53

2018 99

Average Sales Price 2017 2018 $660,835 $700,667


Cannonborough-Elliottborough 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 47

2018 49

Avg. Sold Price Per SqFt 2017 2018 $380 $319

Average Days on Market 2017 65

Average Sales Price

2018 89

2017 2018 $528,750 $614,659

Wagener Terrace and Hampton Park 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 59

2018 64

Avg. Sold Price Per SqFt 2017 $313

2018 $307

Average Days on Market 2017 37

Average Sales Price

2018 51

2017 2018 $549,117 $524,136

Mazyck-Wraggborough 2017 Sales v. 2018 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2017 15

2018 10

Avg. Sold Price Per SqFt 2017 2018 $322 $460

Average Days on Market 2017 101

2018 48

Average Sales Price 2017 2018 $667,767 $1,144,760


NOW SELLING.

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33 BROAD STREET, CHARLESTON SC 29401 | 843.723.7150 | DANIELRAVENELSIR.COM | OPEN 7 DAYS A WEEK

Profile for Daniel Ravenel Sotheby's International Realty

2018 Year in Review | Charleston, SC Market Update  

It was another great year for Charleston Real Estate and our firm, with strong sales numbers across the board. In the attached Market Report...

2018 Year in Review | Charleston, SC Market Update  

It was another great year for Charleston Real Estate and our firm, with strong sales numbers across the board. In the attached Market Report...