DRSIR Quarter 3 Market Update 2015

2015 Q3 REPORT

market update preface Downtown Charleston’s Luxury Real Estate Market Shows a Strong and Steady Rise Charleston isn’t just a hot tourist destination, it’s a desirable place for people to make their home. An average of 43 people move to Charleston each day. It’s the second most popular place for movers within the United States.

Northerners flock to the South Carolina coast to escape snow and cold winters, taking advantage of a warmer climate plus an average home price that’s lower than many other parts of the country.

But it’s not just the recent college graduate or families frustrated by one too many snow days coming South for a beach bungalow or family friendly neighborhood, the high-end homes on the Charleston peninsula are fetching top dollar as well.

For example, Daniel Ravenel Sotheby’s International Realty represented the buyers of 32 South Battery. The house, which closed over the summer, sold for $7,717,500 – the highest price ever paid for a home on the historic Charleston peninsula. The sale of The Colonel John Ashe House not only surpasses the record, but it also emphasizes the upswing of real estate in the downtown Charleston area.

Quarter 3 of 2015 was very strong for the luxury market downtown, a fact which is reflected in the statistics. With decreasing inventory and high demand from luxury buyers, homes are fetching high prices on the peninsula.

There were only half as many closed sales in Quarter 3 of this year compared with 2014, and the average sale price increased by a whopping 38%. This huge jump is a result of both a lower number of sales and the impact of three large sales - 15 Orange Street (sold for $3,200,000) ; 1 Meeting Street (sold for $4,200,000), and 32 South Battery, (sold for $7,717,500).

While these three sales moved the average sale price up a significantly, the more useful number is sale price per square foot. The average price per square foot for South of Broad in Q 3 2014 was $500, whereas the number for 2015 is up to $527 per square foot. That is an increase of 5% year over year, which shows the reality of a more balanced market with steady and sustainable price increases.

Other interesting statistics are in the downtown area below the Crosstown, where the average price per sale for homes over $1M went up nearly 15% (14.8%) from Quarter 3 2014 to Quarter 4 2015. All these numbers are telling, showing a strong and balanced market with prices steadily rising on the high end.

What does this mean for home buyers and sellers on the peninsula? Local realtor Ruthie Ravenel says “this means that as a buyer you are seeing more and more competition for quality homes on the market. Cash offers are predominant in price ranges over $1M, so those buyers who are financing their purchase may have to come up with other ways to be competitive.”

“Sellers are seeing rising home values and in some cases bidding wars for well priced luxury property. Many homes are selling off the market - there are lots of buyers out there looking for historic properties downtown.” Be sure to contact Daniel Ravenel SIR to find out how to best market your home for sale, or what the best strategy is for a purchase. In this increasingly competitive market, it is more important than ever to have a full time professional agent on your side, using their experience and negotiation skills to help you take advantage of these dynamic market conditions.

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

THE MARKET IN THE CHARLESTON AREA

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 traditionally a planting community for early settlers of Charlestowne.

Days On Market

Total Sales 200

200

147

150

150

114

100

100

50

50

0

0 Q3 2014

Q3 2015

159 Days on Market

92

57 69

Q3 2014

Average Sale Price $350,000

$324,602

$344,689

$150,000

Q3 2015

Sold Price Per Sq3 $200 $150

$250,000

Cumula>ve Days on Market

$152

$151

Q3 2014

Q3 2015

$100 Q3 2014

Q3 2015

$50

List Prices versus Sold Prices $400,000 $341,001 $333,141 $324,602

$369,397 $355,489 $344,689

Final List Price

$300,000

$200,000

Original List Price

Sold Price

Q3 2014

Q3 2015

featured property |

john’s island

The Farms at Brickhouse Plantation H. Middleton Rutledge

& wadmalaw island

$3,200,000 220 Acres

selling the extraordinary 5

For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

James Island & Folly Beach 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 exploring James Island, one will find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

Days On Market

Total Sales 350

105

292

85

250

50

74 53 58

65

147

150

90

Cumula>ve Days on Market

45 Q3 2014

25

Q3 2015

Q3 2014

Average Sale Price $350,000

$305,706

$312,811

Q3 2015

Sold Price Per Sq3 $250 $200

$250,000

Days on Market

$198 $165

$150 $100

$150,000

Q3 2014

Q3 2015

$50

Q3 2014

Q3 2015

List Prices versus Sold Prices $400,000

$321,817 $315,121 $305,706

$330,347 $322,560 $312,811

$300,000

Original List Price Final List Price Sold Price

$200,000

Q3 2014

Q3 2015

AROUND THE WORLD WITH SOTHEBY’S Sotheby’s Auction House London

sold an autographed manuscript of Bob Dylan’s from 1987 for 10,000 GBP.

Sotheby’s International Realty Beverly Hills Brokerage

listed the home of Tyra Banks for $7,075,000.

Gulf Sotheby’s International Realty

expands from Dubai and Abu Dhabi into 5 additional Gulf countries.

Brussels Sotheby’s International Realty

sells landmark building, the Louise residence, for $13,080,000.

The Sotheby’s International Realty

Sotheby’s International Realty

brand held a networking event for European, Middle Eastern and African affiliates in Rome.

East Side Manhattan Brokerage

sells unit in 1 Central Park South for $15,000,000.

The Sotheby’s International Realty

brand partnered with The Financial Times to exclusively create the custom content series, Distinctive Living.

selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Days On Market

Total Sales 200

125 150

100

143

Q3 2014

75

25

Q3 2015

66

Days on Market

76 54

Q3 2014

$256,350

$259,366

Sold Price Per Sq3 $200 $157

$225,000

$150,000

$136

$150

Q3 2014

Cumula=ve Days on Market

Q3 2015

Average Sale Price $300,000

63

Q3 2015

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $300,000 $277,054 $269,021

$273,068

$266,020

$256,350

$259,366

$250,000

Original List Price Final List Price Sold Price

$200,000

Q3 2014

Q3 2015

signiďŹ cant sales quarter 3 2015

32 South Battery Sold by: Ruthie Ravenel

SP $7,717,500 Listed by: Pam Harrington

59 Anson Street Sold by: Ruthie Ravenel

SP $1,975,000 Listed by: Dunes Prop.

5718 Captain Kidd Rd Listed by: H. Middleton Rutledge

1402 Thompson Ave Sold by: Anne Edson

SP $1,224,455 Hollywood

SP $1,225,000 Listed by: Dunes Prop.

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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 magnificent parks such as White Point Gardens attract visitors from all over the world.

Days On Market

Total Sales 150

200

108 82

100

150 50 0

125

114 Q3 2014

100

Q3 2015

Q3 2014

Average Sale Price $1,000,000

$809,588

164

153

$797,250

$750,000

Days on Market Cumula>ve Days on Market

Q3 2015

Sold Price Per Sq3 $400

$359

$370

$350 $300

$500,000

Q3 2014

Q3 2015

$250

Q3 2014

Q3 2015

List Prices versus Sold Prices $1,500,000

$1,369,013

$1,250,000 Original List Price $1,000,000

$854,248 $809,588

$912,652 $862,726 $797,250

$750,000 $500,000

Q3 2014

Q3 2015

Final List Price Sold Price

featured property | downtown charleston

192 Ashley Avenue, B | The Beauregard House Lebby & Vida Robertson

$995,000 2B 2b 2,618 SqFt

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Days On Market

Total Sales 400

55

280

300

50 200 100

57

60

352

49

48 45

45 Q3 2014

40

Q3 2015

Q3 2014

$495,303

$470,000

Cumula>ve Days on Market

Q3 2015

Average Sale Price $520,000

Days on Market

Sold Price Per Sq3 $233

$250

$205

$200

$453,894

$150 $420,000

Q3 2014

Q3 2015

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $550,000

$500,000

$523,874

$513,576 $495,303

$471,867 $465,820

Final List Price

$453,894 $450,000

$400,000

Original List Price

Sold Price

Q3 2014

Q3 2015

media release Ultra Wealthy Buying Homes As ‘Opportunity Gateways’ For Investment Diversification And Citizenship Or Foreign Residency New York, 12 August 2015 – A growing number of ultra high net worth (UHNW) individuals view homes as ‘opportunity gateways’, driving buying decisions that are based on potential opportunities from owning these luxury residential properties, according to the latest study by Wealth-X and the Sotheby’s International Realty® brand released today.

The UHNW Luxury Real Estate Report: Homes As Opportunity Gateways reveals two trends that are fueling the rise in the number of ultra wealthy individuals who are buying luxury homes: (1)International home-buying by UHNW individuals (defined as those with at least US$30 million in assets) from emerging nations seeking a safe investment diversification.

(2) Home-buying as part of a program to gain citizenship or residency status in foreign nations.

The report provides insight into the UHNW residential real estate opportunities in Sydney and Vancouver for buyers seeking safe investment diversification; and Malta, the Bahamas and Sao Paulo, which may appeal to ultra wealthy buyers who are seeking citizenship or residency through property investment.

The UHNW Residential Real Estate index, tracked by Wealth-X, rose to 115.2 in Q2 2015, an 8.3% rise year-on-year, and the sixth consecutive quarter in which the index has risen. The continued rise in the index reflects the confidence of UHNW individuals to invest in luxury residential real estate.

The index takes into account the full range of luxury residential properties that are owned by the world’s wealthiest individuals.

Wealth-X data shows there are 211,275 UHNW individuals globally, who collectively hold nearly US$3 trillion in real estate assets, equal to 10% of their net worth.

Below are other key findings from the report: • 12% of second homes purchased by UHNW individuals in emerging countries (those who reside in BRICS nations) are located outside their country of residence.

• Recent market fluctuations in emerging nations are leading a new generation of UHNW investors to consider investing in luxury residential real estate in Western markets.

• Chinese UHNW individuals make up the third largest share of foreign UHNW homeowners in the United States, behind only Canada and the United Kingdom.

• Twenty nations in Europe and the Americas now offer citizenship or residency programs to individuals willing to invest in domestic residential real estate.

• Many residential real estate markets with such programs – including Sao Paulo, Malta, and the Bahamas – offer good long-term investment opportunities.

Wealth-X President David Friedman commented: “Wealth-X is pleased to partner with the Sotheby’s International Realty brand for this third luxury real estate report for 2015. This new joint study explores the trends and home-buying motivations of a distinct group of ultra wealthy individuals in the emerging markets. As their wealth grows, so will their investment fueled by various motivations, be it to diversify their portfolio or to gain citizenship or residency in a foreign country.”

According to Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC, this joint report was designed to provide an understanding of the trends driving buying decisions of ultra high net worth individuals around the world. “The research reveals trends that go beyond traditional motivations and help guide real estate investments that contribute to long-term wealth,” he said. “It underscores the important role real estate plays in a larger strategy to build a valuable asset portfolio.” Download the report here.

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Days On Market

Total Sales 431

440

60

420 400

55

384

63 57

54

Days on Market

50

380 360

63

65

Cumula>ve Days on Market

45 Q3 2014

40

Q3 2015

Q3 2014

Q3 2015

Average Sale Price $450,000

$402,437

$433,529

Sold Price Per Sq3 $250 $200

$400,000

$164

$175

$150 $350,000

Q3 2014

Q3 2015

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $470,003

$480,000 $460,000

$438,906 $433,529

$440,000 $420,000

$411,376 $407,682 $402,437

Final List Price

$400,000

Sold Price

$380,000 $360,000

Original List Price

Q3 2014

Q3 2015

lifestyle comparison Equestrian properties

Creston, CA $2,600,000 Wilson & Co. Sotheby’s International Realty 106 Acres

921 Rock Hill Road | Holly Hill, SC Jane Stoney Cook

$2,500,000 117.8 Acres

see more at farmandranchSIR.com ...

When a well organized, highly recognized - extraordinary brand specifically zeros in on a niche market, aspirations are met. If you are seeking trophy ranches, there is only one global brand that showcases these properties and lifestyles at a beautiful new location. farmandranchSIR.com

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

Sullivans Island Market 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.

Days On Market

Total Sales 20

19

250

190

200

16

150

15

116

214

144

Days on Market

100

Cumula=ve Days on Market

50 10

Q2 2014

0

Q2 2015

Q2 2014

Average Sale Price $1,500,000

$1,329,125

$1,238,211

Q2 2015

Sold Price Per Sq3 $538

$550 $500

$1,000,000

$450

$450 $500,000

Q2 2014

Q2 2015

$400

Q2 2014

Q2 2015

List Prices versus Sold Prices $1,650,000 $1,450,000 $1,250,000

$1,428,316 $1,353,316 $1,238,211

$1,464,438 $1,398,313 $1,329,125

Final List Price Sold Price

$1,050,000 $850,000

Original List Price

Q2 2014

Q2 2015

international exposure

Daniel Ravenel Sotheby’s International Realty is proud to have our listing, 1650 Appaloosa Drive in Sumter featured around the world as the Extraordinary Property of the Day for Sotheby’s International Realty!! This is a truly magnificent showcase for all of Charleston real estate!

Local Family Tradition • Global Brand Recognition

selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com 5

Daniel Island Market 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.

Days On Market

Total Sales 110

65

94

90

60

62 55 56

55

77

50

70 50

58

Cumula>ve Days on Market

45 Q3 2014

40

Q3 2015

Q3 2014

Q3 2015

Average Sale Price

$669,512

$680,000 $660,000 $640,000 $620,000

Days on Market

Sold Price Per Sq3 $250

$224

$234

$200

$640,042

$150 Q3 2014

Q3 2015

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $700,000

$687,452

$680,218

$680,000 $660,000

$669,512

$657,385 $653,719

Original List Price

$640,042

$640,000

Final List Price Sold Price

$620,000 $600,000

Q3 2014

5

Q3 2015

featured property | daniel island

1480 Wando View Street Andrew Robertson

$3,885,000 5B 6.5b 5,507 SqFt

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

Wild Dunes & Isle of Palms Market 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.

Days On Market

Total Sales 300

100 57

250

50

50

236

273

200

125

150

164

Cumula=ve Days on Market

100 0

Q3 2014

50

Q3 2015

Q3 2014

Average Sale Price $850,000

$750,000

Q3 2015

Sold Price Per Sq3 $460

$757,258

$751,503

Days on Market

$427

$410 $343

$360 $310

$650,000

Q3 2014

Q3 2015

$260

Q3 2014

Q3 2015

List Prices versus Sold Prices $900,000

$837,706 $814,967 $751,503

$872,080 $800,230 $757,258 Original List Price

$700,000

Final List Price Sold Price

$500,000

Q3 2014

Q3 2015

SimilarWeb.com: website visits comparison July ʻ14 - July ʻ15

SimilarWeb.com Website Visits Comparison July ’14 - July ’15 sothebysrealty.com christiesrealestate.com

engelvoelkers.com savills.com

luxuryrealestate.com knightfrank.com

luxuryportfolio.com

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THE MARKET IN DOWNTOWN CHARLESTON

South of Broad Market 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 including 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.

Days On Market

Total Sales 30

500

25

400

20

200

10 0

Days on Market

228

300

12

461

405

129

Cumula>ve Days on Market

100 Q3 2014

0

Q3 2015

Q3 2014

Average Sale Price

$2,117,917

$2,500,000 $2,000,000

$1,531,620

Sold Price Per Sq3 $600 $500

$500

$1,500,000 $1,000,000

Q3 2015

$527

$400 Q3 2014

Q3 2015

$300

Q3 2014

Q3 2015

List Prices versus Sold Prices $3,000,000

$2,641,250 $2,403,125

$2,500,000

$2,117,917 $2,000,000

Final List Price

$1,677,580 $ 1,620,040 $1,531,620

Sold Price

$1,500,000 $1,000,000

Q3 2014

Original List Price

Q3 2015

featured property | south of broad

41 Tradd Street H. Middleton Rutledge

$2,395,000 3B 3.5b 3,200 SqFt

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

Harleston Village Market 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 neighborhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.

Days On Market

Total Sales 28

30

400 19

20

300 200

10 0

308 148 170

Days on Market

168

Cumula>ve Days on Market

100 Q3 2014

0

Q3 2015

Q3 2014

Average Sale Price $734,790

$740,000 $720,000 $700,000

Sold Price Per Sq3 $380

$365

$360

$693,807

$340

$680,000 $660,000

Q3 2015

$322

$320 Q3 2014

Q3 2015

$300

Q3 2014

Q3 2015

List Prices versus Sold Prices $800,000

$700,000

$760,241 $736,796

$781,986 $765,542 $734,790

$693,807 Original List Price Final List Price

$600,000

$500,000

Sold Price

Q3 2014

Q3 2015

coming soon south of broad

40 Tradd Street | Photo c. 1937, courtesy of the Library of Congress To be listed by: Jane Stoney Cook, 843.270.0716

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

French Quarter Market Facts

The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Originally 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.

Days On Market

Total Sales 10

300

5

4

5

200 100

0

363 363

400

Q3 2014

0

Q3 2015

Days on Market 90 90

Cumula>ve Days on Market

Q3 2014

Q3 2015

Average Sale Price $1,100,000

$1,005,625

$650 $600

$900,000 $705,288

$700,000 $500,000

Sold Price Per Sq3 $595

$550

$508

$500 Q3 2014

Q3 2015

$450

Q3 2014

Q3 2015

List Prices versus Sold Prices $1,500,000

$1,000,000

$1,050,000 $1,047,500 $1,005,625

Original List Price $892,500

Final List Price $743,200 $705,288

$500,000

Q3 2014

Q3 2015

Sold Price

SEARCH ALL CHARLESTON AND SOTHEBY’S INTERNATIONAL REALTY PROPERTIES WORLDWIDE FROM YOUR PHONE OR TABLET! To Download, Simply Text DRSIR to 87778 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.

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 later Share on Facebook or Twitter Send a property to a friend via text or email Select 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 tour View full screen high quality photography of homes

SIR Mobile iPad features: Amazing photos of some of the world’s most distinctive homes Almost 40 points of interest based on the property location One -click-contact to a Daniel Ravenel Sotheby’s International Realty professional The ability to save home search information and notes on a property for future use A dynamic map feature displaying all available homes for sale or rent based on a user’s location or interested city/neighborhood

selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Days On Market

Total Sales 525

10 5

5

0

425

351

Q3 2014

225

156

Cumula=ve Days on Market

125 25

Q3 2015

Q3 2014

Average Sale Price $1,250,000

$1,141,400

$1,377,000

$440

$433

$436

$430 $420

$750,000

$410 Q3 2014

Q3 2015

Sold Price Per Sq3

$1,000,000

$500,000

Days on Market

325 2

$1,500,000

410 409

Q3 2015

$400

Q3 2014

Q3 2015

List Prices versus Sold Prices $1,650,000

$1,512,000

$1,500,000 $1,350,000 $1,200,000

$1,412,500 $1,215,800 $1,141,400

$1,166,800

Original List Price List Price

$1,050,000

Sold Price

$900,000 $750,000

$1,377,000

Q3 2014

Q3 2015

featured property | ansonborough

49 Society Street Casey Murphey

$1,990,000 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

Radcliffeborough Market Facts

Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Upper King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.

Days On Market

Total Sales 200

15 10

10

100 5 0

Q3 2014

0

Q3 2015

53

$615,875

$550,000

$469,135

Q3 2014

Sold Price Per Sq3 $400 $283

$293

Q3 2014

Q3 2015

$200

$350,000 $250,000

Q3 2015

$300

$450,000

Days on Market Cumula>ve Days on Market

Average Sale Price $650,000

137 137

107

8

Q3 2014

Q3 2015

$100

List Prices versus Sold Prices $662,813 $645,438

$700,000

$615,875

$600,000 $500,000

Original List Price

$498,550 $494,200 $469,135

Final List Price Sold Price

$400,000 $300,000

Q3 2014

Q3 2015

IMAGINE

the value of a brand’s heritage Our heritage is built on 271 years of selling the inďŹ nitely unique. Today, we continue that tradition by maintaining a resolute focus on quality, service and expertise as we represent extraordinary properties in Charleston and around the world.

33 Broad Street, Charleston, SC 29401 843.723.7150 | danielravenelsir.com

selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Total Sales

Days On Market

15

300 206

11

Days on Market

200

10

10

252

100 5

Q3 2014

0

Q3 2015

14 14 Q3 2014

Average Sale Price $400,000

$373,774

$387,200

$400 $300

$300,000

$200 Q3 2014

Q3 2015

Q3 2015

Sold Price Per Sq3

$350,000

$250,000

Cumula=ve Days on Market

$312 $235

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $450,000 $400,000

$392,664 $390,573 $373,774

$396,100 $397,600

$350,000

Original List Price $287,200

$300,000 $250,000

Sold Price

$200,000 $150,000

Final List Price

Q3 2014

Q3 2015

focus on: video

1480 Wando View Street Andrew Robertson

2731 Jenkins Point Road Lenora White & David Crump

$3,885,000 5B 6b 5,507 SqFt

$4,599,000 5B 4.5b 4,800 SqFt

Botany Bay Island Ruthie Ravenel

Holly Hill Equestrian Property Jane Stoney Cook

$500,000 1.01 Acres & 0.99 Acres

$2,500,000 117.8 Acres

selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

Wagener Terrace & Hampton Park Market Facts

Wagener Terrace is a suburban area with marsh views and numerous 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.

Days On Market

Total Sales 30

45

27

25

40

20

20

43 Days on Market

35 30

15 10

40

25

25 Q3 2014

20

Q3 2015

Q3 2014

$385,683

$402,925

Sold Price Per Sq3 $350 $250

$350,000

Cumula?ve Days on Market

Q3 2015

Average Sale Price $450,000

29

$226

$242

Q3 2014

Q3 2015

$150 $250,000

Q3 2014

Q3 2015

$50

b

List Prices versus Sold Prices $500,000

$400,000

$391,548 $392,482 $385,683

$424,490 $409,675 $402,925 Original List Price Final List Price

$300,000

$200,000

Sold Price

Q3 2014

Q3 2015

We sell all kinds of jewels.

We celebrate the rare, the beautiful and the exceptional in all things. Including the most desirable homes in the world. We curate them. We showcase them. We present them as no one else can - to attract the most qualified buyers. Whether they are just down the street or a world away. Chances are we already know them. And they know us. Let us show you.

BEVERLY HILLS | LONDON | HAMPTONS | LOS ANGELES | NEW YORK CITY | ROME PALM BEACH | CHARLESTON | SAN FRANCISCO | DUBAI | GREENWICH NAPA VALLEY | CAPE COD | PARIS | SANTA BARBARA | MIAMI | ASPEN | BEIJING Each Office Is Independently Owned and Operated. Fair Housing and Equal Opportunity Company

selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com

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.

Days On Market

Total Sales 5

176

200 3

3

150 100

80

79

95

Cumula?ve Days on Market

50 0

Q3 2014

0

Q3 2015

Q3 2014

Q3 2015

Average Sale Price $800,000

$745,667 $575,633

$600,000

$365

$400 $295

$200

$200,000 $-­‐

Sold Price Per Sq3 $300

$400,000

Days on Market

Q3 2014

Q3 2015

$100

Q3 2014

Q3 2015

List Prices versus Sold Prices $1,100,000 $765,333 $765,333 $745,667 $600,000

$602,633 $610,967 $575,633

Original List Price Final List Price Sold Price

$100,000

Q3 2014

Q3 2015

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33 Broad Street Charleston, SC 29401 O: 843.723.7150 | 843.723.7494

Daniel Ravenel Sotheby’s International Realty 33 Broad Street Charleston, SC 29401 O: 843.723.7150 | F: 843.723.7494 www.DanielRavenelSIR.com