quarter 3 2014 market update
DESCRIPTION
ÂTRANSCRIPT
Market UpdateQ3 2014
z
the Market in downtown Charleston
31
25
10
20
30
40
Q3 2013 Q3 2014
Total Sales
$1,253,887
$1,531,620
$500,000
$1,000,000
$1,500,000
$2,000,000
Q3 2013 Q3 2014
Average Sale Price
$443
$500
$300
$350
$400
$450
$500
$550
Q3 2013 Q3 2014
Sold Price Per Sqft
125 129 133
228
50
100
150
200
250
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$1,349,658
$1,677,580
$1,380,387
$1,620,040
$1,253,887
$1,531,620
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
South of BroadMarket 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 in-cluding 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.
Sold in Q3Featured Property
Listings Around the World in this Price Range
Nantucket, Massachusetts4BR/3.5B
2,612 SqFt$2,975,000
Maury PeopleSotheby’s International Realty
Los Angeles, California5BR/3B
3,080 SqFt $2,795,000
Sotheby’s International RealtyBeverly Hills Brokerage
Ile-De-France, France4BR/2B
1,905 SqFt $2,792,535Paris Oest
Sotheby’s International Realty
4
11 Church, circa 1790, is located on one of Charleston’s most sought-after addresses, below the bend on lower Church Street. South of Broad and just steps from the Battery this exquisite four story residence has been com-pletely restored and redesigned. Fine dining, art galleries, designer boutiques and antique shopping on King Street
are just a leisurely stroll away. The floor plan of this gracious 6000 sq. ft. home includes six bedrooms, five full baths, two powder rooms, six fireplaces, formal and family living areas, formal dining room, professional grade eat-in
kitchen, library, mud room, study and a gym/playroom. Highlighted with luxurious finishes, dramatic ceiling heights, beautifully finished heart of pine floors and light filled rooms; it is a welcome canvas for today’s modern family. The outdoor living spaces are equally inviting. Double piazzas, brick and bluestone courtyards, lush landscaping and a
reflecting pool provide perfect settings for entertaining. A secret garden, tucked in the rear corner of the property and surrounded by ancient brick walls of the neighboring Huguenot house, is the epitome of Charleston charm.
11 Church Street6BR/5+B | 6,000 SqFtSold for $3,000,000
Daniel Ravenel Sotheby’s International Realty
19
27
10
15
20
25
30
Q2 2013 Q2 2014
Total Sales
$669,224 $648,380
$550,000
$600,000
$650,000
$700,000
Q2 2013 Q2 2014
Average Sale Price
$318 $313
$290
$310
$330
$350
Q2 2013 Q2 2014
Sold Price Per Sqft
167
122
191 192
50
150
250
Q2 2013 Q2 2014
Days On Market
Days on Market
Cumulative Days on Market
$743,584
$667,478
$707,721 $680,780
$669,224 $648,380
$500,000
$600,000
$700,000
$800,000
Q2 2013 Q2 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Harleston VillageMarket 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 neigh-borhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.
Under ContractFeatured Property
This 3 bedroom 2 1/2 bath frame home provides a comfortable and light filled floor plan with views of the Ashley River and the City Marina. On the first floor you will find 10ft smooth ceilings and a well designed chef ’s kitchen, consisting of a professional grade Viking Gas Range, custom cabinetry with surface halogen lighting underneath, granite counter tops with a tumbled limestone backsplash and a kitchen island with seating. Openly located next to the kitchen is a large casual living room with coffered ceilings, built ins, gas fireplace with a limestone surround and a media center which is perfect for relaxing and enjoying a game or movie. The second floor has 2 spacious guest rooms with vaulted 9.5ft ceilings that share a tile and marble bathroom with a shower. The master bedroom is very well proportioned and easily accommodates a king size bed. It has a walk in closet and custom made window treat-
ments and cathedral ceiling. 23 Harleston Place
3BR/2.5B | 1,886 SqFt$975,000
Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Houston, Texas5BR/4+B5,804 SqFt$1,000,000
Martha TurnerSotheby’s International Realty
Pelham, New York4BR/3.5B
2,783 SqFt $925,000McClellan
Sotheby’s International Realty
Miami, Florida4BR/3.5B
2,871 SqFt $950,000
ONESotheby’s International Realty
6
6
4
0
5
10
Q3 2013 Q3 2014
Total Sales
$580,083
$1,005,625
$500,000
$750,000
$1,000,000
$1,250,000
Q3 2013 Q3 2014
Average Sale Price
$576
$595
$560
$580
$600
Q3 2013 Q3 2014
Sold Price Per Sqft
343
90
343
90
0
100
200
300
400
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$621,317
$1,050,000
$608,500
$1,047,500
$580,083
$1,005,625
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
French Quarter Market Facts
The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Orig-inally 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.
8
Featured Ad - Charleston Mercury, September 2014
TANGLEWOOD PLANTATION • LYNCHBURG
6B, 5.5b | 5,500 sqft | 23+ Acres | $875,000Offered by Chasen McCall
POPLAR SPRINGS ESTATE • WESTMINSTER
8B, 10.5b | 16,000 sqft | 158 acres | $8,000,000Offered by Chasen McCall
330 MOON TIDE LANE • KIAWAH ISLAND
1.09 Acres | $930,000Offered by Georgia Nettles & Jimi Craddock
INDIGO PARK | KIAWAH ISLAND
5B, 5.5b | 3,568 sqft | $2,585,000Offered by H. Middleton Rutledge
BRICKHOUSE PLANTATION • JOHNS ISLAND
220 Acres | $3,995,000Offered by H. Middleton Rutledge
5434 CHAPLINS LANDING ROAD • HOLLYWOOD
5B, 5.5b | 5,248 sqft | 29+ Acres | $3,550,000Offered by Dan Ravenel
RENAISSANCE FARMS • RIDGEVILLE
4B, 4.5b | 5,600 sqft | 232 Acres | $3,750,000Offered by Dan Ravenel
33 Broad StreetCharleston, SC 29401
843.723.7150DanielRavenelSIR.com
1168 PILOT BOY • WADMALAW
3B, 3.5b | 4,872 sqft | $2,395,000Offered by Dan Ravenel
ACORN FARM • CAMDEN
5B, 5+b | 10,000 sqft | 341 AcresOffered by Dan Ravenel
October Mag_Layout 1 9/19/14 1:25 PM Page 1
9
5
0
5
10
Q3 2013 Q3 2014
Total Sales
$826,556
$1,141,400
$500,000
$750,000
$1,000,000
$1,250,000
Q3 2013 Q3 2014
Average Sale Price
$424 $433
$400
$420
$440
$460
Q3 2013 Q3 2014
Sold Price Per Sqft
179 156 201
351
75
175
275
375
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumula;ve Days on Market
$983,333
$1,215,800
$896,778
$1,166,800
$826,556
$1,141,400
$750,000
$950,000
$1,150,000
$1,350,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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.
Under Contract in 3 Days
Listings Around the World in this Price Range
10
Featured Property
Enjoy the breezes from the double-tiered piazza at this meticulously maintained solid brick 1840 Charleston single home! In addition to the living room and dining room on the first floor, there is a half bath and an eat-in kitchen with beamed ceilings and a large window overlooking the backyard. The second floor includes the master suite and a separate front sitting room that can be a second bedroom. Two dormer rooms and a full bath are on the third floor. The bottom floor is accessible from the interior of the house and is a guest suite. This home is in Ansonborough- a small historic neighborhood on Charleston’s peninsula within a comfortable walking distance to fine dining, shopping,
grocery stores and events.
41 Society Street2BR/2.5B | 2,568 SqFt
$1,240,000Daniel Ravenel Sotheby’s International Realty
Big Sky, Montana3BR/4.5B
2,560 SqFt$1,500,000
Big SkySotheby’s International Realty
Western Cape, South Africa4BR/4B
4,305 SqFt $1346,095Lew Geffen
Sotheby’s International Realty
Rio Grande, Puerto Rico4BR/4+B
4,221 SqFt $1,475,000Puerto Rico
Sotheby’s International Realty
5
10
0
5
10
15
Q3 2013 Q3 2014
Total Sales
$582,000
$469,135
$400,000
$500,000
$600,000
Q3 2013 Q3 2014
Average Sale Price
$323 $283
$100
$200
$300
$400
Q3 2013 Q3 2014
Sold Price Per Sqft
82
53
82 107
0
50
100
150
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$608,400
$498,550
$603,600
$494,200
$582,000
$469,135
$250,000
$350,000
$450,000
$550,000
$650,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Radcliffeborough Market Facts
Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Up-per King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.
12
Featured Ad - Charleston Mercury, August 2014
33 Broad Street
Charleston, SC 29401843.723.7150
DanielRavenelSIR.com
THIS IS OURWORLD.
Experience the difference of Daniel Ravenel Sotheby's International Realty. It's in our
service that extends far beyond the expected. It's our honesty and integrity in every
interaction. It's our pledge to listen, and respond to your unique needs. After 30 years
serving the Charleston area, our level of expertise is truly unmatched.
Serving you, from the Battery to the Beaches...
Poplar Springs Estate • Westminster
9 Legare Street • South of Broad
330 Moon Tide Lane • Kiawah Island
4 Greenhill Street • South of Broad
1168 Pilot Boy • Martins Point
August_Layout 1 6/17/14 4:59 PM Page 1
14
11
0
5
10
15
Q3 2013 Q3 2014
Total Sales
$297,929
$373,774
$200,000
$300,000
$400,000
Q3 2013 Q3 2014
Average Sale Price
$223 $235
$100
$200
$300
Q3 2013 Q3 2014
Sold Price Per Sqft
113
206
121
252
0
100
200
300
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$327,179
$392,664
$322,536
$390,573
$297,929
$373,774
$250,000
$300,000
$350,000
$400,000
$450,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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.
Labor Day Weekend Kiawah Event - Indigo Park Open Houses
14
26 27
20
25
30
Q3 2013 Q3 2014
Total Sales
$371,615 $385,683
$250,000
$350,000
$450,000
Q3 2013 Q3 2014
Average Sale Price
$204 $226
$50
$150
$250
Q3 2013 Q3 2014
Sold Price Per Sqft
77
40
95
43
25
45
65
85
105
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$398,894 $392,482 $384,190 $391,548
$371,615 $385,683
$50,000
$250,000
$450,000
$650,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Wagener Terrace & Hampton ParkMarket Facts
Wagener Terrace is a suburban area with marsh views and numer-ous 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.
Under ContractFeatured Property
Great location just a few blocks from Hampton Park, Charleston’s only 5 acre park downtown! You are also steps from Rutledge Cab Company, Park Cafe and Moe’s Crosstown, just to name a few of the local restaurants. This area is on fire so finding a well-priced lot this close to everything is not easy. This lot has been cleared and is ready for your dream home.
62 Poplar Street.08 Acres
Listed at $154,900Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Sea Ranch, California.5 Acres$110,000
Sotheby’s International RealtyWine Country Broadway Brokerage
Knoxville, Tennessee.42 Acres$159,000Alliance
Sotheby’s International Realty
La Pine, Oregon10 Acres $110,000Cascade
Sotheby’s International Realty
16
8
3
0
5
10
Q3 2013 Q3 2014
Total Sales
$639,188
$745,667
$500,000
$600,000
$700,000
$800,000
Q3 2013 Q3 2014
Average Sale Price
$305 $295
$100
$200
$300
$400
Q3 2013 Q3 2014
Sold Price Per Sqft
25
80
25
176
0
100
200
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$656,125
$765,333
$652,375
$765,333
$639,188
$745,667
$450,000
$650,000
$850,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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.
18
Charleston agency takes part in luxury real estate conferenceLocal agency Daniel Ravenel Sotheby’s International Realty brought Lowcountry expertise to a global conference while networking with agents worldwide.
The Realtor firm took part in the 2014 Sotheby’s International Realty Global Networking Event. According to Daniel Ravenel Sotheby’s, the show brought together 1,500 people from 31 countries and territories worldwide.
The three-day event Sept. 8-10 at the Fontainebleau Miami Beach in Florida permits hundreds of agents world-wide to chat up and “share best practices with their colleagues from all over the world,” according to the agency.
“The global networking event provides a great value to our firm,” says Dan Ravenel, owner and broker-in-charge.
“It offered the opportunity to network with some of the world’s most talented real estate professionals, generate valuable referral business and learn more about the industry and the Sotheby’s International Realty brand’s vision for the future,” he says.
“Together, our brand is making statements globally, and this conference is proof that we are the voice of luxury real estate worldwide,” Ravenel says.
The Daniel Ravenel agency offers “exclusive” Sotheby’s International Realty marketing, advertising and referral ser-vices, it says. The services are “designed to attract well-qualified buyers to the firm’s property listings.”
Also, the firm and clients benefit from a tie-in with Sotheby’s auction house, which promotes real estate referrals with its clientele.
Furthermore, the Charleston affiliate can refer its real estate customers to Sotheby’s auction house for “jewelry, art, unique furniture and collectible appraisal services.”
Property listings from Daniel Ravenel Sotheby’s International Realty are pitched on the sothebysrealty.com global website and the local DanielRavenelSIR.com connection.
The brand also provides specialized “lifestyle” websites featuring farm and ranch, historic, waterfront and golf prop-erties at FarmandRanchSIR.com, HistoricPropertySIR.com, WaterfrontPropertySIR.com and GolfPropertySIR.com.
“Our annual Global Networking Event brings together members from all over the world with the common goal of sharing their experiences and market insights,” says Philip White, president and chief executive of Sotheby’s Inter-national Realty Affiliates LLC.
“This year’s conference provided our record number of attendees with an overview of the brand’s strategic vision for next year and beyond, from our marketing efforts to our global expansion and record-breaking sales,” he says.
The Sotheby’s International Realty network claims 15,000 independent sales associates in 720 offices worldwide. All independently owned and operated, the real estate centers are in 52 countries and territories.
Founded more than 30 years ago, Daniel Ravenel Sotheby’s International Realty has closed more than $1.5 billion in real estate sales during that time.
The agency, which joined Sotheby’s International Realty in 2007, says it “has taken its local market expertise and expanded into the international arena.” Daniel Ravenel SIR says it has forged “a close partnership with the Sothe-by’s Auction House and a powerful referral network worldwide.”
The agency, headquartered at 33 Broad St., can be reached at www.DanielRavenelSIR.com.
For more information, contact sales and marketing director Ruthie Ravenel at 843-723-7150.
In the News - Post & Courier, September 27, 2014
Destination: Charleston
the Market in the Charleston area
130
114
100
120
140
Q3 2013 Q3 2014
Total Sales
$296,734
$324,602
$150,000
$225,000
$300,000
$375,000
Q3 2013 Q3 2014
Average Sale Price
$142
$152
$130
$140
$150
$160
Q3 2013 Q3 2014
Sold Price Per Sqft
76 92
109
159
0
50
100
150
200
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$299,346
$341,001
$304,478
$333,141
$296,734
$324,602
$280,000
$300,000
$320,000
$340,000
$360,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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 traditional-ly a planting community for early settlers of Charlestowne.
On the MarketFeatured Property
This is fantastic opportunity to own a 93 acre recreational hunting tract 20 minutes from downtown Charleston and 15 minutes from Kiawah Island. This interior Johns Island tract has an abundance of turkeys, deer and ducks. The local owners have made significant improvements to this property over the last several years which consists of an 8 acre upland impoundment for ducks, a dove field, a beautiful live oak avenue, a 5.4 acre pond and custom built deer stands. There is a beautiful homesite area adjacent to the centrally located pond and tucked away beneath a gor-geous stand of live oaks and other hardwoods. For sporting enthusiasts, who want a private hunting preserve very
close to Charleston and Kiawah, this is a great chance to own a little piece of paradise on Johns Island!
The Farms at Brickhouse Plantation220 +/- Acres$3,995,000
Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Daniel, Wyoming703 Acres$3,850,000
Jackson HoleSotheby’s International Realty
Galena, Maryland339 Acres$3,495,000
Brandywine Fine PropertiesSotheby’s International Realty
Mora, New Mexico496 Acres
$3,800,000Sotheby’s International Realty
Santa Fe
22
231
262
150
200
250
300
Q3 2013 Q3 2014
Total Sales
$285,414
$285,516
$150,000
$250,000
$350,000
Q3 2013 Q3 2014
Average Sale Price
$148 $148
$50
$100
$150
$200
Q3 2013 Q3 2014
Sold Price Per Sqft
75
53
86 81
25
45
65
85
105
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$303,524
$293,198 $296,290 $292,459
$285,414 $285,516
$250,000
$260,000
$270,000
$280,000
$290,000
$300,000
$310,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
James Island 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 explor-ing James Island, one will find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.
Featured Ad
Oasis, September 2014
24
Discover the Indigo Park Difference in Kiawah's newest eco-friendly development
built by one of Kiawah's most reputable builders Royal Indigo Construction. Centrally
located in the heart of Kiawah Island, Indigo Park consists of 16 new construction
LEED certified homes with marsh views and a lovely community park. With 4 models
to choose from, ranging in size from 2 to 5 bedrooms, there is something for everyone
at Indigo Park. Each home has been painstakingly designed and constructed, using
the most sustainable building materials and earth friendly building practices that allow
owners to live comfortably and in harmony with nature with minimal impact on the
environment. Highlights of these remarkable homes include an elevator, French white
oak floors, an outdoor deck with dipping pool, and indoor and outdoor fireplaces,
and separate guest house. All homes feature high-end fixtures, Energy Star appliances,
and the most luxurious master suites with spa-like baths and marsh views. If you are
looking for a high quality, turnkey property with minimal maintenance and minimal
impact on the environment, don’t miss this opportunity to live your dream luxury
lifestyle responsibly!
For more information, contact: H. Middleton Rutledge
843.345.9137 | [email protected]
e New Standard in Environmentally Responsible Luxury…
Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 1
33 Broad Street
Charleston, SC 29401843.723.7150
DanielRavenelSIR.com
...e Vision ...e Location...e Difference
Indigo Park is the Vision of Candace Dyal,president of Dyal Compass LLC, whosemission is to invest in and develop realestate products that focus on conservationand a healthier environment. Candace hasteamed up with Christopher RoseArchitects and Royal Indigo Constructionto fulfill what she calls "a concept that'simportant to everyone on the team; tobuild with a conscience." With thisaspirational vision met, Indigo Park wouldbe the first community in a luxury resortof entirely LEED Certified homes.
One of the best locations on Kiawah,Indigo Park is only steps away from Rhett’sBluff boat landing, The River Course golfcourse, and all the associated amenitiesincluding the River Course Club Houseand the Sasanqua Spa. This is the perfectlocation to bike to the rest of the island'samenities as well! New homeowners inIndigo Park will have the option topurchase an exclusive Kiawah Island Clubmembership at any level - Golf, Sports, orSocial.
NuCedar exterior shingles need nopainting or staining. Hurricane-resistantwindows and doors, along with Energy Starappliances, mean less maintenance andmore savings on utilities. Integratedgeothermal systems are not only quiet andenvironmentally friendly, but alsocontribute to the energy efficiency of thesehomes. In addition, every garage isequipped with a 220-watt outlet to chargean electric car. The goal of these amenities?Let homeowners enjoy a beautiful homewithout time-consuming maintenance andcostly overhead.
Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 2
131 150
50
100
150
200
Q3 2013 Q3 2014
Total Sales
$242,052
$256,350
$150,000
$225,000
$300,000
Q3 2013 Q3 2014
Average Sale Price
$129 $136
$100
$120
$140
Q3 2013 Q3 2014
Sold Price Per Sqft
69 66 77 76
25
75
125
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$344,968
$277,054 $255,141
$269,021
$242,052 $256,350
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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.
26
On the MarketFeatured Property
You must see this magnificent Ashley Harbor brick home with deep moldings, extensive woodwork and Brazil-ian cherry floors. The large family room, with enclosed TV cabinet and fireplace with gas logs, opens to the eat-in kitchen which is fully equipped with high-end appliances, hand-painted and hand-stained cabinets, granite counter tops, center island, wet bar, wine cooler and pantry. The master bedroom, with 2 large walk-in closets with built-ins, and marble master bath with separate shower and tub, is on the first floor. Upstairs there are 4 bedrooms, 3 full baths, large bonus room over garage, plus 2 walk-in unfinished storage areas. Other features include plentiful
storage, central vac, in-wall speakers and working shutters. Enjoy the screened back porch, the bluestone patio and fountain. Ashley Harbor is a gated community with a neighborhood boat landing.
2207 Weepoolow Trail5BR/4+B | 4,657 SqFt
$895,000Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Langley, Washington2BR/2B
3,030 SqFt$925,000Realogics
Sotheby’s International Realty
Essex, Massachusetts4BR/2.5B5,709 SqFt$950,000By the Sea
Sotheby’s International Realty
Treasure Cay, Bahamas3BR/2B
2,486 SqFt$920,000Damianos
Sotheby’s International Realty
248
108
50
100
150
200
250
Q3 2013 Q3 2014
Total Sales
$741,641
$809,588
$500,000
$750,000
$1,000,000
Q3 2013 Q3 2014
Average Sale Price $347 $359
$100
$200
$300
$400
Q3 2013 Q3 2014
Sold Price Per Sqft
155
114
188
153
100
150
200
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$931,972 $941,911
$860,680
$944,888
$801,667
$903,798
$750,000
$850,000
$950,000
$1,050,000
Q2 2013 Q2 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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 magnif-icent parks such as White Point Gardens attract visitors from all over the world.
On the MarketFeatured Property
Located on one of Charleston’s most highly coveted streets South of Broad, the ‘’White-Williman House’’ was built around 1840 by James White, who originally purchased this lot from Robert Trail Chisolm in 1838. The original
home had two grand, masonry square porticos which were severely damaged and later removed, shortly after the earthquake of 1886. Later, Italianate style alterations were made by both the Williman and Frost families. This hand-
some, approximately 6400 square foot home, provides plenty of charm and space that you immediately notice once you enter a long, light filled entrance hallway. Buyers looking for a historical home with a premiere Charles-
ton location, and an option to customize a home to their specific taste, this is great prospect that you do not want to miss!
259 Legare Street7BR/6+B | 6,400 SqFt
$3,650,000Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Greenwich, Connecticut7BR/6.5B6,785 SqFt$3,995,000
Sotheby’s International RealtyGreenwich Brokerage
Abbotsford, British Columbia9BR/8B
44,340 SqFt $3,969,022
Sotheby’s International RealtyCanada
Santa Fe, New Mexico7BR/5+B8,500 SqFt
$3,975,000Sotheby’s International Realty
Santa Fe Brokerage
28
329
280
250
300
350
Q3 2013 Q3 2014
Total Sales
$439,600
$453,894
$300,000
$350,000
$400,000
$450,000
$500,000
Q3 2013 Q3 2014
Average Sale Price
$195 $205
$100
$150
$200
$250
Q3 2013 Q3 2014
Sold Price Per Sqft
66
48
81
57
40
50
60
70
80
90
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$459,592
$471,867
$454,438
$465,820
$439,600
$453,894
$420,000
$440,000
$460,000
$480,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
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.
On the MarketFeatured Property
Gracious Southern living in the charming Old Village of Mt. Pleasant, South Carolina....just minutes away from downtown Charleston and Sullivan`s Island. This 4,205 sq.ft. Charleston Single, located at 429 Whilden, dates back to 1803 and was the town`s first post office. After undergoing an extensive renovation to bring the house and
grounds into the 21st century, this historic property was recently featured in the CHARLESTON HOME Magazine. The efficiently designed kitchen features top-of-the-line stainless steel appliances, Carrera marble countertops and
a charming breakfast nook with built-in seating.429 Whilden Street
5BR/4.5B | 4,205 SqFt$1,499,000
Daniel Ravenel Sotheby’s International Realty
Listings Around the World in this Price Range
Turtle Cove, Turks and Caicos1BR/1.5B1,500 SqFt$2,000,000
Turks and CaicosSotheby’s International Realty
Rhone-Alpes, France6BR/2+B
4,306 SqFt $1,498,433
Perle du Lac Sotheby’s International Realty
Ibiza, Spain3BR/4.5B2,723 SqFt
$1,498,433Ibiza Sotheby’s
International Realty
30
14
6
0
5
10
15
Q3 2013 Q3 2014
Total Sales
$1,819,643
$1,631,750
$1,500,000
$1,600,000
$1,700,000
$1,800,000
$1,900,000
Q3 2013 Q3 2014
Average Sale Price $582
$523
$400
$450
$500
$550
$600
Q3 2013 Q3 2014
Sold Price Per Sqft
156 178 194
307
100
150
200
250
300
350
Q3 2013 Q3 2014
Days On Market
Days on Market
Cumulative Days on Market
$2,015,993
$1,755,067
$1,990,279
$1,740,067 $1,819,643
$1,631,750
$1,200,000
$1,400,000
$1,600,000
$1,800,000
$2,000,000
$2,200,000
Q3 2013 Q3 2014
List Prices versus Sold Prices
Original List Price
Final List Price
Sold Price
Sullivans IslandMarket 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.
Marketing Charleston Worldwide
GolfPropertySIR.com SothebysRealty.com
HistoricPropertySIR.com About Charleston, SC
WaterfrontPropertySIR.com
33 Broad StreetCharleston, SC 29401
O: 843.723.7150 | 843.723.7494
FarmAndRanchSIR.com
Daniel Ravenel Sotheby’s International Realty33 Broad Street
Charleston, SC 29401O: 843.723.7150 | 843.723.7494
www.DanielRavenelSIR.com