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2019 QUARTER 1

CHARLESTON AREA MARKET UPDATE


Q1 2019 Market Update Section 1: Charleston Area


Featured Properties

122 Ocean Blvd | Isle of Palms

607 North Shore Dr | James Island

72 Murray Blvd | South of Broad


Johns Island and Wadmalaw Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 203

2019 164

Avg. Sold Price Per SqFt 2018 $163

2019 $167

Average Days on Market 2018 60

2019 73

Average Sales Price 2018 2019 $356,596 $370,194

Our Johns Island and Wadmalaw Island Listings 3092 Bohicket Road $1,850,000 3970 Betsy Kerrison Pkwy $990,000 2408 Maybank Hwy 106 $975,000 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 1781 Tacky Point Road $699,000 1310 Chardon Commons $669,000 3511 Bohicket Road $549,000 0 Pawlett Blake Lane 32 $310,500 0 Pawlett Blake Lane 31 $300,000 3042 Penny Lane $289,000 0 Pawlett Blake Lane 29B $99,000

3092 Bohicket Road


James Island and Folly Beach 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 261

Avg. Sold Price Per SqFt

2019 230

2018 $210

2019 $230

Average Days on Market 2018 53

2019 70

Average Sales Price 2018 2019 $375,157 $438,202

Our James Island and Folly Beach Listings 607 North Shore Drive $5,995,000 11 Red Sunset Lane $1,995,000 2033 Frampton Avenue $925,000 1674 E Ashley Avenue (Under Contract) $830,000 114 W Ashley Avenue $755,000 1755 Central Park Road 7313 $219,000

11 Red Sunset Lane


West Ashley (Inside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 125

Avg. Sold Price Per SqFt

2019 129

2018 $192

2019 $207

Average Days on Market 2018 43

2019 58

Average Sales Price 2018 2019 $339,390 $357,624

Our West Ashley (Inside I-526) Listings 13 Johnson Road $5,025,000 1505 Hurtes Island Drive $1,195,000 301 Hickory Street (Under Contract) $410,000

West Ashley (Outside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 268

2019 247

Avg. Sold Price Per SqFt 2018 $144

2019 $149

Average Days on Market 2018 49

2019 54

Average Sales Price 2018 2019 $279,761 $286,924

Our West Ashley (Outside I-526) Listings 1634 Bull Creek Lane $122,000


Rural West Ashley 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 34

2019 31

Avg. Sold Price Per SqFt 2018 $167

2019 $162

Average Days on Market 2018 112

2019 124

Average Sales Price 2018 2019 $419,585 $344,220

13 Johnson Road


North Charleston (Inside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 92

2019 94

Avg. Sold Price Per SqFt 2018 $145

2019 $143

Average Days on Market 2018 38

Average Sales Price

2019 72

2018 2019 $222,456 $224,838

North Charleston/Summerville (Outside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 162

2019 225

Avg. Sold Price Per SqFt 2018 $112

2019 $119

Average Days on Market 2018 45

Average Sales Price

2019 58

2018 2019 $171,816 $184,296

Summerville Area 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 748

2019 695

Avg. Sold Price Per SqFt 2018 $117

2019 $123

Average Days on Market 2018 51

2019 54

Average Sales Price 2018 2019 $233,681 $249,765

Our Summerville Area Listings 110 S Hickory Street

(Under Contract) $1,250,000


Kiawah Island and Seabrook Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 47

2019 40

Avg. Sold Price Per SqFt 2018 $243

2019 $283

Average Days on Market 2018 236

2019 186

Average Sales Price 2018 2019 $557,213 $617,495

Our Kiawah Island and Seabrook Island Listings 51 River Marsh Lane $5,995,000 117 Halona Lane $2,449,000 119 Halona Lane $2,249,000 123 Halona Lane $1,895,000 565 Bufflehead Drive $1,895,000 5511 Cypress Cottage Lane $1,590,000 4204 Mariners Watch $1,495,000 2611 High Hammock Road $886,000 5114 Sea Forest Drive $785,000 1328 Pelican Watch $340,000 1357 Pelican Watch $305,900

51 River Marsh Lane


Sullivan’s Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 13

2019 11

Avg. Sold Price Per SqFt 2018 $701

2019 $632

Average Days on Market 2018 141

2019 90

Average Sales Price 2018 2019 $2,107,904 $2,078,534

Our Sullivan’s Island Listings 2619 Bayonne Street (Under Contract) $7,595,000 3318 Jasper Boulevard $4,799,000 1907 Ion Avenue (Under Contract) $1,695,000

3318 Jasper Boulevard


Isle of Palms and Wild Dunes 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 88

2019 58

Avg. Sold Price Per SqFt 2018 $455

2019 $444

Average Days on Market 2018 153

2019 99

Average Sales Price 2018 2019 $980,375 $981,967

Our Isle of Palms and Wild Dunes Listings 122 Ocean Boulevard $6,995,000 9 55th Avenue $2,595,000 5815 Back Bay Drive $1,099,000 103 Port O Call D $410,000

9 55th Avenue


Mt. Pleasant (S of IOP Connector) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 257

2019 225

Avg. Sold Price Per SqFt 2018 $259

2019 $273

Average Days on Market 2018 63

2019 70

Average Sales Price 2018 2019 $533,049 $630,467

Our Mt. Pleasant (S of IOP Connector) Listings 337 N Civitas Street $969,000 734 Mildenhall Road $729,000

Mt. Pleasant (N of IOP Connector) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 278

2019 263

Avg. Sold Price Per SqFt 2018 $192

2019 $194

Average Days on Market 2018 2019 81 75

Average Sales Price 2018 2019 $489,871 $479,791

Our Mt. Pleasant (N of IOP Connector) Listings 1529 Rivertowne Country Club Drive $939,500 2982 Pignatelli Crescent (Under Contract) $924,900 3782 Tupelo Church Lane $344,750 1822 Chauncys Court $344,500 2745 Rush Haven Drive $228,900


Dewees Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 0

Avg. Sold Price Per SqFt

2019 2018 1 $0

2019 $65

Average Days on Market 2018 0

Average Sales Price

2019 1073

2018 $0

2019 $250,000

Our Dewees Island Listings 171 Dewees Inlet Drive

$2,249,000

171 Dewees Inlet Drive


Daniel Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 81

2019 66

Avg. Sold Price Per SqFt 2018 $251

2019 $260

Average Days on Market 2018 134

Average Sales Price

2019 72

2018 2019 $713,303 $708,376

Our Daniel Island Listings 55 Watroo Point $1,050,000 2460 Settlers Street $879,000 125 Pier View Street 306 $359,900

Wando and Cainhoy 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 53

2019 53

Avg. Sold Price Per SqFt 2018 $160

2019 $169

Average Days on Market 2018 45

2019 106

Average Sales Price 2018 2019 $331,096 $367,796

2460 Settlers Street


Q1 2019 Market Update Section 2: Downtown Charleston


Downtown Charleston (Inside Crosstown) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 106

2019 79

Avg. Sold Price Per SqFt 2018 $461

2019 $597

Average Days on Market 2018 113

2019 96

Average Sales Price 2018 2019 $939,673 $1,359,418

Our Downtown Charleston (Inside Crosstown) Listings 9 Limehouse Street $5,200,000 72 Murray Boulevard $4,400,000 35 Tradd Street $2,350,000 33 Gibbes Street $1,695,000 51 Laurens Street $1,450,000 165 Tradd Street $1,299,000 11 Gadsden Street $998,000 178 Queen Street A $995,000 48 Warren Street $995,000 42 Bull Street $995,000 192 Ashley Avenue B $949,000 1 King Street 509 $925,000 12 Ashley Avenue $875,000 109 E Bay Street 1B $869,000 3 Chisolm Street 402 $799,000 55 Laurens Street A (Under Contract) $749,000 5 Talon Court (Under Contract) $675,000 62 Barre Street $649,000 77 Bull Street (Under Contract) $550,000 108 Smith Street G $539,000 81 Bull Street $475,000 79 Bull Street $450,000 173 Rutledge Avenue S $414,000 119 Wentworth Street D $387,000 14 Lockwood Drive 4H $285,000


Downtown Charleston (Outside Crosstown) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 55

2019 56

Avg. Sold Price Per SqFt 2018 $295

2019 $284

Average Days on Market 2018 60

2019 95

Average Sales Price 2018 2019 $462,701 $467,893

Our Downtown Charleston (Outside Crosstown) Listings 31 Gordon Street 320 Ashley Avenue

(Under Contract) $449,000 (Under Contract) $299,900

35 Tradd Street


South of Broad 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 30

2019 19

Avg. Sold Price Per SqFt 2018 $604

2019 $769

Average Days on Market 2018 147

2019 133

Average Sales Price 2018 2019 $1,693,514 $2,801,658


Harleston Village 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 19

2019 14

Avg. Sold Price Per SqFt 2018 $461

2019 $427

Average Days on Market 2018 102

2019 107

Average Sales Price 2018 2019 $757,986 $863,750

French Quarter 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 4

2019 3

Avg. Sold Price Per SqFt 2018 $562

2019 $665

Average Days on Market 2018 81

2019 258

Average Sales Price 2018 2019 $1,115,750 $1,578,333

Ansonborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 6

2019 5

Avg. Sold Price Per SqFt 2018 $532

2019 $574

Average Days on Market 2018 60

2019 122

Average Sales Price 2018 2019 $906,833 $1,253,500


Radcliffeborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 11

2019 2

Avg. Sold Price Per SqFt 2018 $375

2019 $402

Average Days on Market 2018 149

2019 95

Average Sales Price 2018 2019 $694,148 $755,000


Cannonborough-Elliottborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 12

2019 8

Avg. Sold Price Per SqFt 2018 $325

2019 $478

Average Days on Market 2018 121

Average Sales Price

2019 105

2018 2019 $566,830 $557,625

Wagener Terrace and Hampton Park 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 16

2019 21

Avg. Sold Price Per SqFt 2018 $308

2019 $284

Average Days on Market 2018 47

Average Sales Price

2019 70

2018 2019 $518,409 $569,857

Mazyck-Wraggborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 0

2019 4

Avg. Sold Price Per SqFt 2018 $0

2019 $451

Average Days on Market 2018 2019 0 52

Average Sales Price 2018 $0

2019 $1,458,750


NOW SELLING.

CONTACT US FOR VIP PRIORITY, FIRST-RELEASE PRICING AND SELECTION

Located on its own private peninsula, The Landing at St. Johns Yacht Harbor offers a unique waterfront lifestyle that blends seamlessly with the natural surroundings. Enjoy pristine views of the Stono River tidal marshlands, and the broad sweep of the Atlantic horizon. The Landing at St. Johns Yacht Harbor is a luxury condominium development with only 54-exclusive residences for sale, with private boat slips available.

www.TheLandingAtStJohns.com 843.638.9500


Kiawah I s land’s P re m i e r G re e n N e i g h b or h ood WELCOME TO INDIGO PARK, A PLACE WHERE SUSTAINABILITY, BEAUTY, AND FUNCTIONALITY MEET. WE’RE REDEFINING LUxURY BY BUILDING HOMES WITH THE MOST SOPHISTICATED AND INNOVATIVE MATERIALS POSSIBLE. WE KEEP THINGS LOW-MAINTENANCE, WHICH MEANS YOUR TIME HERE IS ABOUT ENjOYING YOUR HOME RATHER THAN WORRYING ABOUT IT.

Step 1: Walk inside. Step 2: Spend your time just the way you want.

COMMUNITY FEATURES •16 SUSTAINABLY BUILT LEED CERTIFIED HOMES •HOMES RANGE FROM 2,200-3,600 SQFT •3 ACRE COMMUNITY PARK •UNRIVALED MARSH VIEWS •MINUTES TO WORLD CLASS BEACHES & GOLF •SHORT DRIVE TO HISTORIC CHARLESTON •DEVELOPED BY DYAL COMPASS, LLC •BUILT BY CUMULUS ARCHITECTS & CHRISTOPHER ROSE ARCHITECTS WWW.INDIGOPARKHOMES.COM

E XC LU SI VE O F FER S OCIAL K IAWAH I SLAND C LUB M EMBERSHIP I NCLUDED WITH PURCHASE OF SELECT I NDIGO P ARK HOMES THROUGH D EC 31, 2018!


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

Profile for Daniel Ravenel Sotheby's International Realty

2019 Quarter 1 - Charleston Area Market Update  

Tax season is over and the Real Estate Selling season is in full swing for 2019. Our general observations are one of a normalizing market th...

2019 Quarter 1 - Charleston Area Market Update  

Tax season is over and the Real Estate Selling season is in full swing for 2019. Our general observations are one of a normalizing market th...