The real estate market here just had its busiest buying week in history. We had 397 homes go under contract in one week. Anything over 200 is good and 300 is great. Almost every week this year has been over 300. Prices are rising nicely, but doesn’t seem uncontrolled. Most homes are not quite back to their 2006/7 values yet. Very close, but not all the way. At that time, those prices were wrong. We got well above the trend line. Now we are actually below the trend line and have lots of room for appreciation. Houses are not staying on the market long, because demand is so high. High demand is also keeping inventory in check. The good news is that inventory is not going down and that will keep prices from skyrocketing. Also, the process of getting…
Found 92 blog entries published by Scott Campbell.
Daniel Island closings of home sales of all types as of March 22nd are running slightly stronger than last year at this time.
|Daniel Island Home sales|
|Total||$1,000,000 - $1,500,000||Above $1,500,000|
For more information on Daniel Island market dynamics and important facts to be aware of if you are considering a purchase on Daniel Island, Please give us a call at 843-259-9913.
Part of the reason families are attracted to Daniel Island South Carolina is to stunning natural beauty. We just listed a Daniel Island Park home that is a rare find. 332 Rhoden Island Drive is the perfect downsize for families looking to move from the big family home to an easy to care for home with all of the upgrades they are used to. Of particular note is the stunning views over the golf course to miles gently swaying marsh grasses and tidal waterways. Almost every room in this home has a view. The quality of construction is among the best we have seen. Click on image for full details of this home.
With so much new construction in sections of Daniel Island it is interesting to note what percentage of total home sales new spec homes represents.
2013 34% of homes sold were new builder spec. Homes. 73 new builder spec homes sold vs. total home sales of 213 homes homes.
2014 24% of homes sold were builder spec homes. 75 new builder spec homes sold vs. total home sales of 319 homes.
Interested in learning more about Daniel Island? Give us a call. We are happy to help.
This overview of Charleston by community is helpful is quickly seeing the changes is sales volume and pricing year to year. If you have specific questions about this information or want to understand the market value of your home, we are happy to help.
The region saw eerily similar figures in January 2007, when 890 homes sold at a median price of $209,945. The striking difference between the 2007 market and current market however, is the inventory. Eight years ago, there were almost 9,000 homes for sale; today, there are just over 5,500—37% less homes for buyers to choose from.
“With significantly less inventory, buyers are still finding what they…
According to readers of TripAdvisor, their #2 favorite hotel in the USA is the French Quarter Inn in Historic Charleston South Carolina. Several of our clients have stayed their and speak highly of it. We also suggest Charleston Place Hotel and the Market Place Pavilion with it's roof top pool and bar/dining scene. For B&B check out Two Meeting Street.
Here is a link to the TripAdvisor report on top 25 Hotels In USA
If we can answer any questions to make your stay here better, call Prestige Real Estate at 843-259-9913.
Daniel Island Life
Could she be more proud?
Readers of Conde Nast Traveler magazine named Charleston the #1 tourist destination in the USA and #2 in the World. CBS show "This Morning" featured the survey. The combination of southern charm, great restaurants, beautiful beaches and an easy to navigate small town feeling wins awards year after year from every major travel publication.. Life in Charleston is like pushing the easy button very day. We pinch ourselves everyday to remind ourselves how lucky we are to be living in this wonderful location. Enjoy the full article in the Post & Courier Newspaper
Be sure to call us at 843-259-9913 with any questions you may have about visiting or relocating to Charleston.