2020 MID-YEAR
Market Report A PUBLICATION BY KEVIN KING ASSOCIATES
COLLETON RIVER
CHARTER ONE REALTY #1 Ranked Real Estate Company in The Lowcountry
OVER $1 BILLION IN PROPERTY SALES S U C C E S S F U L M A R K E T I N G W I T H P R O V E N R E S U LT S
Charter One Realty’s marketing solutions have consistently proven an ability to create focused and rewarding marketing campaigns. Our approach to marketing and targeting the most qualified purchasers has generated over $1 Billion worth of property sales in 2019. Our in-depth knowledge of the Lowcountry real estate market is highly-specialized, and our expertise has proven to be of significant value to our clients. Discover the advantages of working with a company known for innovation and unparalleled results.
THE FOLLOWING PAGES REPRESENT MY 2020 NOTABLE COLLETON RIVER SALES, CURRENT LISTINGS, AND A MID-YEAR MARKET SNAPSHOT.
COLLETON RIVER MARKET SNAPSHOT Data current through July 15, 2020
Colleton River Homes
Year To Date
Key Metrics
2019
2020
% Change
New Listings
27
40
+48.1%
Closed Sales
13
15
+15.3%
Median Sales Price
$1,015,000
$1,275,000
+25.6%
Percent of List Price Received
93.98%
96.06%
+2.2%
Data Current Through July 15, 2020 Colleton River Homesites
Year To Date
Key Metrics
2019
2020
% Change
New Listings
21
31
+47.6%
Closed Sales
5
6
+20.0%
Median Sales Price
$25,000
$97,500
+290.0%
Percent of List Price Received
100%
93.42%
-6.5%
Data Current Through July 15, 2020
The statistical data contained herein has not been verified by the MLS of Hilton Head Island, Inc. and the publication of information hereof is not a representation of warranty of fact whatsoever.
SOLD COLLETON RIVER TRANSACTIONS Sold Homes and Homesites From January 1, 2020 - July 15, 2020 STREET ADDRESS
BR
BA
HBA
SQ.FT.
VIEW
59 OAK TREE ROAD
4
4
1
5,719
Deep Water
163 INVERNESS DRIVE
5
6
1
6,813
Marsh, River
58 HAWTHORNE RD
4
4
1
4,450
Marsh, River
9 HIGH PONDS LANE
4
4
1
5,872
Deep Water, River
55 MAGNOLIA BLOSSOM DR
4
4
1
5,260
Golf, Pool
119 INVERNESS DRIVE
4
7
2
5,178
Marsh, River
30 WHITEHALL DRIVE
4
4
1
4,270
Golf, Marsh
12 TURNBERRY WAY
5
6
1
6,357
Marsh, River
12 BALLYBUNION WAY
4
5
2
6,500
Golf
19 COLLETON RIVER DR
3
3
2
3,388
Golf, Lagoon
23 HANOVER WAY
4
4
1
3,821
Golf, Marsh
14 WEDGEWOOD CIRCLE
4
4
1
4,443
Deep Water, Marsh
3 ASHLEY HALL DRIVE
3
4.5
1
4,137
Golf, Lagoon
17 COLLETON RIVER DRIVE
4
5
1
3,817
Golf, Lagoon
36 HAWTHORNE ROAD
4
4
0
3,845
Golf, Lagoon
99 INVERNESS DRIVE
Lot
Deep Water, Marsh
157 INVERNESS DRIVE
Lot
Deep Water, Marsh
25 MULBERRY ROAD
Lot
Marsh
30 HAMPTON LANE
Lot
Marsh, Sound
4 INVERNESS DRIVE
Lot
Lagoon
41 INVERNESS DR
Lot
Lake
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
SALE PRICE
LISTING BROKERAGE
SELLING BROKERAGE
$2,625,000
Charter One Realty
Bay Street Realty
$2,050,000
Charter One Realty
Keller Williams
$1,600,000
Charter One Realty
Charter One Realty
$1,600,000
Charter One Realty
Charter One Realty
$1,440,000
Charter One Realty
Collins Group Realty
$1,420,000
Charter One Realty
Charter One Realty
$1,367,000
Charter One Realty
Charter One Realty
$1,275,000
Charter One Realty
Charter One Realty
$1,200,000
Charter One Realty
Weichert Realtors
$922,500
Charter One Realty
Celia Dunn Sotheby’s
$895,000
Sea Pines Real Estate
Charter One Realty
$635,000
Boardwalk Properties
Charter One Realty
$599,000
Charter One Realty
Charter One Realty
$533,000
Carson Realty, LLC
ERA Southcoast Coastal
$490,000
Charter One Realty
Charter One Realty
$390,000
Celia Dunn Sotheby’s
Dunes Real Estate
$328,000
Celia Dunn Sotheby’s
Charter One Realty
$100,000
Charter One Realty
Charter One Realty
$95,000
Charter One Realty
Charter One Realty
$15,000
Coastal Properties of SC
Charter One Realty
$1
Charter One Realty
Charter One Realty
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
SOLD KEVIN KING REPRESENTED: SELLER & BUYER MARSH AND RIVER VIEWS
58 HAWTHORNE ROAD 4BR
4BA
1HBA
| SALE PRICE: $1,600,000
SOLD KEVIN KING REPRESENTED: SELLER & BUYER D E E P W AT E R A N D R I V E R V I E W S
9 HIGH PONDS LANE 4BR
4BA
1HBA
| SALE PRICE: $1,600,000
SOLD KEVIN KING REPRESENTED: SELLER VIEWS OF NICKLAUS COURSE
55 MAGNOLIA BLOSSOM DRIVE 4BR
4BA
1HBA
| SALE PRICE: $1,440,000
SOLD KEVIN KING REPRESENTED: SELLER & BUYER MARSH AND RIVER VIEWS
12 TURNBERRY WAY 5BR
5BA
1HBA
| SALE PRICE: $1,275,000
SOLD KEVIN KING REPRESENTED: BUYER GOLF AND LAGOON VIEWS
36 HAWTHORNE ROAD 4BR
4BA
| SALE PRICE: $490,000
SOLD KEVIN KING REPRESENTED: SELLER GOLF AND LAKE VIEWS
19 COLLETON RIVER DRIVE 3BR
3BA
2HBA
| SALE PRICE: $922,500
UNDER CONTRACT IN COLLETON RIVER Homes and Homesites Under Contract as of July 15, 2020 BR
BA
HBA
LIST PRICE
LISTING BROKERAGE
SELLING BROKERAGE
95 INVERNESS DRIVE
3
3
0
$2,375,000
Charter One Realty
Collins Group Realty
21 MULBERRY ROAD
4
6
2
$1,599,000
Hilton Head Properties
Charter One Realty
14 BALLYBUNION WAY
4
5
1
$1,395,000
Charter One Realty
Charter One Realty
22 INVERNESS DRIVE
4
7
2
$1,395,000
Charter One Realty
Charter One Realty
62 INVERNESS DR
3
4
1
$1,295,000
Charter One Realty
Charter One Realty
5 BALLYBUNION WAY
4
6
2
$1,295,000
Charter One Realty
Charter One Realty
30 MIDDLETON GARDENS
5
5
1
$1,249,000
Charter One Realty
Charter One Realty
124 INVERNESS DRIVE
5
6
1
$1,149,000
Charter One Realty
Celia Dunn Sotheby’s
71 INVERNESS DRIVE
4
5
0
$949,000
Charter One Realty
Charter One Realty
116 INVERNESS DRIVE
5
6
1
$895,000
Charter One Realty
Celia Dunn Sotheby’s
4 HONORS COURT
4
5
0
$895,000
Charter One Realty
Engel & Volkers
66 INVERNESS DRIVE
4
5
1
$829,000
Charter One Realty
Weichert Realtors
12 HANOVER WAY
4
7
2
$799,000
Charter One Realty
Charter One Realty
14 HAMPTON LANE
3
5
1
$775,000
Celia Dunn Sotheby’s
Sea Pines Real Estate
93 INVERNESS DRIVE
LOT
$725,000
Celia Dunn Sotheby’s
Celia Dunn Sotheby’s
$649,000
Charter One Realty
Berkshire Hathaway
STREET ADDRESS
10 HANOVER WAY
3
3
0
147 INVERNESS DRIVE
LOT
$409,000
Celia Dunn Sotheby’s
Celia Dunn Sotheby’s
143 INVERNESS DRIVE
LOT
$325,000
Celia Dunn Sotheby’s
The Edwards Group
79 INVERNESS DRIVE
LOT
$309,000
Charter One Realty
Charter One Realty
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
ACTIVE LISTINGS IN COLLETON RIVER Homes on the Market as of July 15, 2020 BR
BA
HBA
SQ.FT.
LIST PRICE
LISTING BROKERAGE
165 INVERNESS DRIVE
4
6
1
5,436
$2,550,000
Charter One Realty
164 INVERNESS DRIVE
5
6
1
7,163
$2,295,000
Charter One Realty
21 MIDDLETON GARDENS PL
4
5
1
6,303
$1,975,000
Charter One Realty
42 MAGNOLIA BLOSSOM DR
4
7
1
7,060
$1,850,000
Charter One Realty
91 OAK TREE ROAD
5
7
2
6,499
$1,795,000
Charter One Realty
12 WEDGEWOOD CIRCLE
4
7
3
4,888
$1,599,000
Charter One Realty
38 WHITEHALL DRIVE
4
5
1
4,350
$1,395,000
Collins Group Realty
7 LAUREL HILL COURT
5
6
2
5,161
$1,299,000
Charter One Realty
16 MIDDLETON GARDENS PL
4
5
1
4,011
$1,299,000
Charter One Realty
7 SOMERSET POINT
4
5
1
4,300
$1,295,000
Charter One Realty
10 BALLYBUNION WAY
4
5
1
4,644
$1,275,000
Charter One Realty
11 TURNBERRY WAY
4
7
2
6,029
$1,249,000
Charter One Realty
12 BAYLEY ROAD
6
7
1
5,180
$1,199,000
Charter One Realty
22 BALLYBUNION WAY
5
6
1
5,404
$1,195,000
Celia Dunn Sotheby's
37 INVERNESS DRIVE
4
5
2
3,900
$1,150,000
Charter One Realty
42 INVERNESS DRIVE
4
5
1
4,588
$1,049,000
Charter One Realty
8 WHITEHALL DR
4
5
1
3,468
$1,039,000
Charter One Realty
15 HANOVER WAY
4
5
1
5,064
$975,000
Charter One Realty
STREET ADDRESS
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
BR
BA
HBA
SQ.FT.
LIST PRICE
LISTING BROKERAGE
28 WHITEHALL DRIVE
5
6
1
5,766
$995,000
Charter One Realty
54 INVERNESS DRIVE
5
4
1
4,279
$895,000
Charter One Realty
10 MACKAYS POINT
4
5
1
3,204
$899,000
Charter One Realty
4 HONORS COURT
4
5
0
4,451
$895,000
Charter One Realty
3 MACKAYS POINT
4
5
1
4,323
$849,000
Charter One Realty
5 MAGNOLIA BLOSSOM DR
4
5
1
4,224
$849,000
Charter One Realty
33 HAMPTON LANE
4
5
1
5,087
$849,000
Celia Dunn Sotheby's
9 STONEY PARK LANE
4
6
1
3,898
$799,000
Charter One Realty
46 INVERNESS DRIVE
3
4
1
3,871
$700,000
Celia Dunn Sotheby's
26 MIDDLETON GARDENS PL
4
5
1
4,250
$699,000
Charter One Realty
7 STONEY PARK LANE
4
5
1
3,631
$695,000
Charter One Realty
7 OAKLEY COURT
4
5
1
3,492
$689,000
Charter One Realty
10 WHITEHALL DRIVE
4
5
1
3,650
$599,000
Charter One Realty
1 STONEY PARK LANE
4
4
0
4,662
$549,500
Charter One Realty
2 MIDDLEBURG COURT
4
4
0
3,030
$539,500
Charter One Realty
7 KITTANSETT COURT
4
5
1
4,222
$499,900
RE/MAX Island Realty
29 MAGNOLIA BLOSSOM DR
3
3
0
2,795
$499,000
Charter One Realty
15 ASHLEY HALL DRIVE
4
4
1
4,018
$495,000
I Save Realty
STREET ADDRESS
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
ON THE MARKET IN COLLETON RIVER FEATURED LISTINGS BY KEVIN KING
HOMESITES HOMESITE
18 BALLYBUNION WAY
GOLF VIEW
HOMESITE
13 MAGNOLIA BLOSSOM DRIVE
GOLF VIEW
HOMESITE
7 MAGNOLIA BLOSSOM DRIVE
GOLF VIEW
HOMES
FEATURED LISTINGS BY KEVIN KING
V I E W S O V E R P O R T R OYA L S O U N D A N D AT L A N T I C O C E A N
164 INVERNESS DRIVE 5BR
5BA
1HBA
| P R E S E N T E D AT: $ 2 , 2 9 5 , 0 0 0
V I E W S O F M A R S H A N D M AC K AY ’ S C R E E K
21 MIDDLETON GARDENS PLACE 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 1 , 9 7 5 , 0 0 0
LUXURY AWAITS
42 MAGNOLIA BLOSSOM DRIVE 4BR
6BA
1HBA
| P R E S E N T E D AT: $ 1 , 8 5 0 , 0 0 0
STRIKING MARSH VIEWS
12 WEDGEWOOD CIRCLE 4BR
4BA
3HBA
| P R E S E N T E D AT: $ 1 , 5 9 9 , 0 0 0
B E A U T I F U L M A R S H & G O L F V I E W S F R O M N E A R LY E V E R Y R O O M
7 LAUREL HILL COURT 5BR
4BA
2HBA
| P R E S E N T E D AT: $ 1 , 2 9 9 , 0 0 0
LOWCOUNTRY LIVING
16 MIDDLETON GARDENS PLACE 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 1 , 2 9 9 , 0 0 0
TIMELESS FRENCH COUNTRY DESIGN | TURN-KEY FURNISHED
10 BALLYBUNION WAY 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 1 , 2 7 5 , 0 0 0
MAGNIFICENT CHARLESTON STYLE HOME
12 BAYLEY ROAD 6BR
6BA
1HBA
| P R E S E N T E D AT: $ 1 , 1 9 9 , 0 0 0
O U T STA N D I N G O P E N F LO O R P L A N
42 INVERNESS DRIVE 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 1 , 0 4 9 , 0 0 0
BEAUTIFUL MARSH AND GOLF VIEWS
15 HANOVER WAY 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 9 7 5 , 0 0 0
EXQUISITE GOLF AND MARSH VIEWS
28 WHITEHALL DRIVE 5BR
5BA
1HBA
| P R E S E N T E D AT: $ 9 9 5 , 0 0 0
MAGNIFICENT MARSH FRONT HOME
10 MACKAYS POINT 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 8 9 9 , 0 0 0
PRISTINE LOWCOUNTRY HOME
54 INVERNESS DRIVE 5BR
4BA
1HBA
| P R E S E N T E D AT: $ 8 9 9 , 0 0 0
BEAUTIFUL LAKE ON THE NICKLAUS COURSE
3 MACKAYS POINT 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 8 4 9 , 0 0 0
LOWCOUNTRY LIVING
5 MAGNOLIA BLOSSOM DRIVE 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 8 4 9 , 0 0 0
V E R Y P R I VAT E . 6 0 AC R E H O M E S I T E
9 STONEY PARK LANE 4BR
5BA
1HBA
| P R E S E N T E D AT: $ 7 9 9 , 0 0 0
PRICED TO SELL
7 STONEY PARK LANE 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 6 9 5 , 0 0 0
VIEWS OF NICKLAUS COURSE
7 OAKLEY COURT 4BR
4BA
1HBA
| P R E S E N T E D AT: $ 6 8 9 , 0 0 0
T H I S 4 , 6 6 2 S Q . F T. S P E C T A C U L A R H O M E I S “ M O V E - I N - R E A D Y.”
1 STONEY PARK LANE 4BR
4BA
0HBA
| P R E S E N T E D AT: $ 5 4 9 , 5 0 0
PERFECT BUNGALOW WITH GOLF VIEWS
29 MAGNOLIA BLOSSOM DRIVE 3BR
3BA
0HBA
| P R E S E N T E D AT: $ 4 9 9 , 0 0 0
| TURN-KEY FURNISHED
how we sell
your property Charter One Realty brings an unparalleled array of resources to work for you. We develop the marketing plan that will sell your property the way you want to sell it.
prelaunch
1 2 3 4
Full marketing plan is prepared. Creative development for brochures, professional photography, direct mail, property website, email campaign, etc., begins.
targeted outreach
Word is spread through our sphere of influence (clients, broker network, influencers, etc.).
buzz creation
full court
Property is launched online. Email campaign is rolled out. Social media sources are activated (if applicable).
All marketing channels are saturated with content about your property. Your property is featured on CharterOneRealty.com and appears across our syndication of search engines, print and digital advertising, social media, and more.
LUXURY MARKET SHARE When it comes to matching buyers with luxury properties, Charter One Realty dominates the market. Our brokerage has out-paced every other brokerage in the Lowcountry, representing more buyers and sellers of million-plus properties year after year. Having such a strong foothold on this competitive market not only continues to reinforce the company’s position in the Lowcountry, but throughout the nation, ranking Charter One Realty among the top 500 brokerages in the U.S. With more than 115 million-plus transactions so far in 2020, Charter One Realty commands a majority 30.8% market share in the million-plus residential luxury market in the Lowcountry. Our consistent investments on behalf of Buyers, Sellers, and Communities for over three decades pays dividends for our clients. Like the international luxury brands, Charter One Realty employs world-class marketing with global reach. But one need only look at actual sales in the area’s luxury communities, and at the area’s $1,000,000+ transactions to understand that Charter One Realty is the Lowcountry’s Leading Luxury Brand. Company
Million-Plus Buyers Represented in 2020
Million-Plus Sellers Represented in 2020
Charter One Realty
55
61
Celia Dunn Sotheby’s
3
10
Engle & Volkers
1
2
Berkshire Hathaway
4
6
COLLETON RIVER MARKET SHARE Since 2005, Charter One Realty has maintained the highest sales volume in Colleton River, 18 times more than the #2 ranked brokerage in 2019. Part of our success in Colleton River can be attributed to the fact that many of our real estate professionals live and work in the community. That Colleton River knowledge and experience cannot be found in any other brokerage in our area. Company
Colleton River Buyers Represented in 2020
Colleton River Sellers Represented in 2020
Sales Volume in Colleton River
Charter One Realty
10
12
$20,817,502
The Simon Group
1
0
$2,625,000
Keller Williams Realty
1
0
$2,050,000
Collins Group Realty
1
0
$1,440,000
Celia Dunn Sotheby’s
1
1
$ 1,250,500
Weichert Realtors
1
0
$ 1,200,000
Sea Pines Real Estate
0
1
$ 895,000
Boardwalk Properties
0
1
$ 635,000
ERA S Coastal Real Estate
1
0
$533,000
Carson Realty, LLC
0
1
$533,000
Dunes Real Estate
1
0
$390,000
Data Current Through July 15, 2020
COLLETON RIVER SALES VOLUME BY AGENT As a Colleton River property owner, I have a vested interest in the community that I call home. I am proud to say that our brokerage has produced more than 65% of the Colleton River buyers and successfully listed and marketed 75% of the sold listings in Colleton River year-to-date. Our commitment to Colleton River remains strong. The record shows that we have
the resources, experience, and the buyers to accomplish your real estate goals.
Agent
Colleton River Buyers Represented in 2020
Colleton River Sellers Represented in 2020
Sales Volume in Colleton River
Kevin King
7
6
$12,425,500
Agent #2
2
2
$4,932,000
Agent #3
2
1
$2,897,000
Agent #4
3
1
$ 2,888,000
Agent #5
0
1
$2,625,000
Data Current Through July 15, 2020
SALES DOLLAR VOLUME
$12.4 MILLION
$4.9M
$2.8M
Kevin King Associates
Agent #2
Agent #3
$2.8M
Agent #4
$2.6M
Agent #5
This information is based on data provided by the Multiple Listing Service of Hilton Head Island, Inc. HHIMLS does not guarantee and is not in any way responsible for its accuracy. Data provided by HHIMLS may not reflect all real estate activity in the market. January 1, 2020 - July 15, 2020.
400
Potential buyer leads generated each month.
175
CharterOneRealty.com was visited by international visitors from over 175 countries around the world.
570K+
CharterOneRealty.com has seen more than 570,000 website visitors in 2020 alone. More than 40% of our website visitors return to our site to continue their search for real estate.
1.6M+
CharterOneRealty.com has more than 1.6M pageviews in 2020.
12.5K+ The Colleton River webpage on CharterOneRealty.com has seen more than 12,500 website visitors year-to-date.
ONLINE ADVANTAGE
#1 LOCAL BROKERAGE WEBSITE CharterOneRealty.com is the #1 local website marketing local properties and we pride ourselves on having the most extensive online marketing program in our area. Our listings receive more views, more clicks, and more interested buyers. Not only are our listings included on major websites like Zillow and Trulia, but our properties are featured on Realtor.com. Our listings are tracked by ListHub, so we can continuously monitor the number of views and inquiries on our properties which allows us to react and adjust our marketing efforts - always with the goal of reducing market time.
ENHANCED ONLINE POSITIONING Based on the historical data that our brokerage has collected, we have a unique understanding of our feeder markets and potential buyers. Armed with this knowledge, we use remarketing and geo-targeting to present properties to potential buyers in specific locations and target users based on internet browsing behavior such as those visiting real estate-related websites. Our ad network includes hundreds of top sites ranging from Forbes.com to ESPN.com to cater specifically to the clients we serve.
4:23
Average session duration on the Colleton River Page on CharterOneRealty.com is 4 minutes and 23 seconds.
LOCAL POSTAL CUSTOMER
LISTING YOUR HOME?
TAILORED REAL ESTATE MARKETING WITH PROVEN RESULTS
Our tailored marketing program is designed to elevate each property listed with Charter One Realty, instantly distinguishing them in the eyes of the purchasing community. Discover the advantages of working with a company known for innovation and unparalleled results. Kevin King Cell: 843.384.9466 Email: Kevin@KevinKingAssociates.com Steve Harmon Cell:Â 843.816.1035 Email: SteveHarmon@CharterOneRealty.com 2 Colleton River Drive | Bluffton, SC 29910
WWW.KEVINKINGASSOCIATES.COM This is not a solicitation of properties already listed with a REALTOR.