August Real Estate Overview for Daniel Island

August Closed Sales (Residential) 

Details: 260 SEVEN FARMS DR, #206 – $207,000
Details: 125 PIER VIEW ST, #207- $219,000
Details: 135 PIER VIEW ST, #401 – $339,000
Details: 1323 ELFE ST- $436,900
Details: 128 BERESFORD CREEK ST – $460,000
Details: 1410 WANDO VIEW ST – $613,813
Details: 133 BERESFORD CREEK ST – $729,000

Or Click Here to go view all listings at once. 

August Closed Sales (Homesites)

Details: 214 CREEK BACK ST, CHARLESTON, SC – $999,000
Details: 210 CREEK BACK ST, CHARLESTON, SC – $925,000

Or Click Here to go view all listings at once.

August Pending Sales (Residential) 

Details: 125 PIER VIEW DR, #307 – $229,000
Details: 135 PIER VIEW ST, #105 – $244,000
Details: 145 PIER VIEW ST, #216 – $326,000
Details: 1705 SAILMAKER ST – $379,605
Details: 1706 SAILMAKER ST – $508,598
Details: 1701 SAILMAKER ST – $516,621
Details: 1771 PIERCE ST – $549,900
Details: 1775 PIERCE ST – $569,900
Details: 1402 WANDO VIEW ST – $649,900
Details: 1418 WANDO VIEW ST – $674,900
Details: 250 BERESFORD CREEK ST – $799,000
Details: 720 ISLAND PARK DR, #110 – $1,075,000
Details: 720 ISLAND PARK DR, #103 – $1,075,000
Details: 11 WATROO POINT- $1,349,000

Or Click Here to go view all listings at once. 

August Pending Sales (Homesites) 

Details: 1884 BEEKMAN ST – $205,000
Details: 1844 BEEKMAN ST – $210,000
Details: 1848 BEEKMAN ST – $245,000
Details: 1856 BEEKMAN ST – $290,000
Details: 1443 SMYTHE ST – $395,000
Details: 1734 PIERCE ST – $470,000
Details: 202 CREEK BACK ST – $749,000
 Details: 206 CREEK BACK ST – $849,000

Or Click Here to go view all listings at once. 

August New Listings (Residential) 

Details: 400 BUCKSLEY LN, #106 – $123,500
Details: 130 RIVER LANDING DR, #3214 – $189,900
Details: 130 RIVER LANDING DR, #5205 – $229,000
Details: 300 BUCKSLEY LN, #202 – $245,000
Details: 2259 DANIEL ISLAND DR – $253,900
Details: 200 RIVER LANDING DR, #B203 – $299,000
Details: 200 RIVER LANDING DR, #F304 – $324,900
Details: 1301 ELFE ST – $325,000
Details: 116 BURNHAM ST – $449,000
Details: 6070 GRAND COUNCIL ST – $459,000
Details: 1605 BULLINE ST – $500,000
Details: 1095 BARFIELD ST – $506,900
Details: 1867 PIERCE ST – $579,000
Details: 1004 COCHRAN ST – $580,000
Details: 1717 DOLDRIDGE ST – $697,000
 Details: 842 DUNHAM ST – $749,000
 Details: 702 CUNNINGHAM ST- $869,000
Details: 118 FAIRBANKS OAK, #1 4B – $875,000
Details: 164 KING GEORGE ST – $995,900
Details: 720 ISLAND PARK DR, #101 – $1,050,000
Details: 127 ISLAND PARK DR – $1,099,000
Details: 853 DUNHAM ST – $1,100,000
Details: 71 DELAHOW ST – $1,295,000
Details: 343 RALSTON CREEK ST – $1,449,900
Details: 75 IRON BOTTOM LN – $1,499,000
Details: 2013 PURCELL LN – $1,599,000
Details: 319 RALSTON CREEK ST- $1,784,000
Details: 619 ISLAND PARK DR- $2,250,000
Details: 616 CATTLE ST – $2,900,000
Details: 61 WATROO POINT – $4,900,000

Or Click Here to go view all listings at once.

August New Listings (Homesites) 

Details: 319 GUNBOAT LN- $369,000
Details: 323 GUNBOAT LN – $369,000
Details: 339 GUNBOAT LN – $399,000
Details: 356 RHODEN ISLAND DR – $579,000
Details: 151 RIVER GREEN PLACE- $579,000

Or Click Here to go view all listings at once. 

All Current Single Family Listings 

Click Here to view all current single family listings 

All Current Condominium and Townhouse Listings 

Click Here to view all condominium and townhouse listings 

All Current Homesite Listings 

Click Here to view all homesite listings

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April Real Estate Overview

Below is the April real estate overview for Daniel Island according to the Charleston-Trident Association of Realtors.

In addition, the Association of Realtors just launched a new public website where you can search the MLS without providing any personal information. I’ve added it to the column of links on the left or you can visit www.charlestonrealtors.com

April Sales (Residential) 

2713441 – Details: 1225 BLAKEWAY ST, #802 – $221,000
2632834 – Details: 1225 BLAKEWAY ST, #1205 – $224,000
2632619 – Details: 145 PIER VIEW ST, #402 – $352,460
2901890 – Details: 118 BOUNTY ST – $390,000
2835789 – Details: 105 COOKE ST – $398,000
2834995 – Details: 2386 DANIEL ISLAND DR – $450,000
2829584 – Details: 1743 PIERCE ST – $630,000
2822171 – Details: 1216 HESTER PARK STREET – $634,878

Or Click Here to go view all listings at once. 

April Sales (Homesites) 

2910853 – Details: 1852 BEEKMAN ST – $230,000
2821194 – Details: 400 ISLAND PARK DR – $253,000
2834926 – Details: 429 RALSTON CREEK ST – $2,000,000

Or Click Here to go view all listings at once 

April Properties that have gone under contract: 

2836360 – Details: 130 RIVER LANDING DR, #3308 – $114,900
2902629 – Details: 130 RIVER LANDING DR, #4207 – $234,000
2903444 – Details: 1701 SAILMAKER ST – $516,621
2825657 – Details: 1212 HESTER PARK ST – $649,900

Or Click Here to go view all listings at once. 

New Listings in April (Residential) 

2909276 – Details: 600 BUCKSLEY LN, #205 – $120,000
2909654 – Details: 130 RIVER LANDING DR, #7300 – $235,000
2910675 – Details: 200 RIVER LANDING DR, #E102 – $319,900
2910807 – Details: 2352 DANIEL ISLAND DR – $364,900
2911862 – Details: 100 MELLISH CT – $400,000
2909695 – Details: 185 BRADY ST – $410,000
2910836 – Details: 7056 SCHOONER ST – $429,900
2910079 – Details: 3039 BALTIMORE ST – $447,000
2910397 – Details: 6060 GRAND COUNCIL ST – $449,000
2910459 – Details: 1021 BLAKEWAY ST – $469,000
2911045 – Details: 1714 SAILMAKER ST – $537,955
2910681 – Details: 921 ETIWAN PARK ST – $549,900
2911049 – Details: 1710 SAILMAKER ST – $552,180
2911800 – Details: 1115 BARFIELD ST – $597,000
2909571 – Details: 1980 PIERCE ST – $599,500
2909527 – Details: 962 COCHRAN ST – $649,500
2909272 – Details: 140 FAIRBANKS OAK – $675,000
2909282 – Details: 1419 GLAZED BRICK ST – $889,000
2909312 – Details: 1243 SMYTHE ST – $919,900
2909816 – Details: 2449 DANIEL ISLAND DR – $1,175,000
2910666 – Details: 2455 SETTLERS ST – $1,179,000
2909851 – Details: 205 KING GEORGE ST – $1,300,000
2911615 – Details: 282 DELAHOW ST – $1,350,000
2911679 – Details: 627 ISLAND PARK DR – $1,549,000
2909386 – Details: 487 CREEK LANDING ST – $3,685,000
2909405 – Details: 370 RALSTON CREEK ST – $6,400,000

Or Click Here to go view all listings at once.

New Listings in April (Homesites) 

2911374 – Details: 1265 SMYTHE ST – $215,000
2910998 – Details: 402 HUTTY ST – $230,000
2909355 – Details: 135 KING GEORGE ST – $249,000
2910876 – Details: 1299 SMYTHE ST – $249,000
2911907 – Details: 116 IRON BOTTOM LN – $275,000
2909704 – Details: 2 DALTON ST – $350,000
2910243 – Details: 3 DALTON ST – $395,000
2909478 – Details: 176 BALFOUR DR – $469,900
2910543 – Details: 568 PARK CROSSING ST – $539,000
2910641 – Details: 79 IRON BOTTOM LN – $539,000
2909899 – Details: 336 RHODEN ISLAND DR – $629,000
2910346 – Details: 44 WATROO POINT – $649,000
2910530 – Details: 565 PARK CROSSING ST – $695,000

Or Click Here to go view all listings at once.

If you have any questions, please email me at angie.johnson@danielisland.com and I’ll be sure to respond promptly.

Charleston Real Estate Sales Surge

FOR IMMEDIATE RELEASE

MARCH RESIDENTIAL REAL ESTATE SALES SURGE

Sales at their highest level since October 2008

 

CHARLESTON, SC—(April 10, 2009) The unprecedented number of showings in January and March have translated into higher sales volume, driven by incentives like the $8,000 tax credit, incredibly low interest rates and a great selection of reasonably-priced homes on the market. 

 

 The Charleston Trident Association of REALTORS® report that the Lowcountry residential real estate market made significant sales gains in March, soaring 37% over February levels with 568 closed transactions.  The median sales price also increased nearly 3% month-over-month, climbing to $185,000.  The most movement in the market occurred in the $200,000-$249,000 range.

 

While below year-over-year levels, the increases in showings, sales and median price has led to cautious optimism among industry leaders.  “In addition to increased showings and closings, we’re seeing a lot of first-time homebuyers, which indicates that consumer confidence is on the rise.  People are realizing the incredible selection and value in this market, and making the smart decision to invest in real property” said Gettys Glaze, President of the Charleston Trident Multiple Listing Service.  March 2008 saw 752 closed transactions, with a median price of $197,500. 

 

There are 11,221 homes currently listed for sale with the Charleston Trident Multiple Listing Service, and 351transactions pending.  Average Days on Market (DOM) for this period was 142.

 

DORCHESTER COUNTY

Sales in Dorchester County increased significantly for the second month in a row, up 29%, with 112 closed transactions.  The median price dipped slightly, to $161,000 after February’s unprecedented jump to $169,995.  Nearly half of the County’s activity was in the Ridgeville area—a total of 50 closed sales, with a median price of $171,300.

 

CHARLESTON COUNTY

Charleston County was the leader in March sales, more than doubling closed transactions in February.  288 homes sold in March, compared to last month’s 180.  Median price held strong at $225,000.  Most of the market activity was concentrated in the northern portion of Mount Pleasant, which includes Park West, with 52 sales and a median price of $321,250. 

 

BERKELEY COUNTY

Sales increased 32% in Berkeley County in March with a total of 137 closings and resulted in a median price of $165,000, up 2% over February.  The most activity in the county was reported in Goose Creek/Moncks Corner (Highway 52 to Oakley Road) with 34 sales and a median price of $165,000. 

The Fed has announced a major expansion of its mortgage-backed security purchase program by $750 Billion.

Thought you’d find this interesting. We’ll have to see how the mortgage rates react to this news:

For immediate release

Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract.  Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending.  Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment.  U.S. exports have slumped as a number of major trading partners have also fallen into recession.  Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.

In light of increasing economic slack here and abroad, the Committee expects that inflation will remain subdued.  Moreover, the Committee sees some risk that inflation could persist for a time below rates that best foster economic growth and price stability in the longer term.

In these circumstances, the Federal Reserve will employ all available tools to promote economic recovery and to preserve price stability.  The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period.  To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further by purchasing up to an additional $750 billion of agency mortgage-backed securities, bringing its total purchases of these securities to up to $1.25 trillion this year, and to increase its purchases of agency debt this year by up to $100 billion to a total of up to $200 billion.  Moreover, to help improve conditions in private credit markets, the Committee decided to purchase up to $300 billion of longer-term Treasury securities over the next six months.  The Federal Reserve has launched the Term Asset-Backed Securities Loan Facility to facilitate the extension of credit to households and small businesses and anticipates that the range of eligible collateral for this facility is likely to be expanded to include other financial assets.  The Committee will continue to carefully monitor the size and composition of the Federal Reserve’s balance sheet in light of evolving financial and economic developments

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Charles L. Evans; Donald L. Kohn; Jeffrey M. Lacker; Dennis P. Lockhart; Daniel K. Tarullo; Kevin M. Warsh; and Janet L. Yellen. 

This is why I live in Charleston

The weather today is gorgeous. It is 79 degrees outside and the sun is shining. My boys have their very first tee-ball practice today and it seems like the coach is going to be fabulous. The practices and games will be held just a minute from my house at the fields behind the Daniel Island School, unlike 70% of our flag football games last fall (although I hear that’s changing this year). As far as I’m concerned, life couldn’t get any better!

Two of Chad’s friends are coming to town tomorrow night to play in the St. Patrick’s Day member guest tournament here at the Daniel Island Club. It will be a lot of fun to see them! I’m sure that we’ll take some time to go out on the boat if the weather holds up. Here is a photo of the boys at the front of the boat when we were out a couple of weeks ago:

boys-in-boat1

Our other favorite thing to do is to go to the beach. As you can see in the photo below, we even go when it’s a little bit cool… easy to do when it’s 10 minutes away 🙂

at-the-beach

 Lastly, here is a photo that I took from our dock a few days ago as the sun was setting. It was breathtaking! I don’t know how well it will show here since I took it on my iPhone but I thought that I would give it a try.

sunset-from-our-dock

I love this time of year!