2023 Colleton River Market Report

Page 1

RIVER 2023
A PUBLICATION BY
#1 Ranked Real Estate Company in The Lowcountry
COLLETON
Market Report
KEVIN KING ASSOCIATES

OVER $1.47 BILLION IN PROPERTY SALES

SUCCESSFUL MARKETING WITH PROVEN RESULTS

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 generated over $1.47 Billion worth of property sales in 2023.

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.

Extraordinary Marketing of Fine Real Estate

As the Lowcountry’s only member of THREE internationally recognized and renowned real estate affiliations, Charter One Realty combines authentic, local expertise with global connections to the highest quality real estate firms worldwide.

Our network connects us, and you, to the luxury experts and buyers in 800+ major cities from Bangkok to Barcelona — not just within one brand or company, but among the finest, most well-known leaders in each market, generating thousands of client introductions and billions in sales each year.

THE LARGEST GLOBAL NETWORK OF THE MOST POWERFUL LUXURY FIRMS AROUND THE WORLD.

To My Colleton River Clients, Friends and Neighbors,

We are overwhelmed with gratitude for the support that we have received in Colleton River. Due to your trust and confidence in our team, Kevin King Associates closed another record-breaking year - for our community and us. Once again, Colleton River’s top-quality service, amenities, and welcoming nature of our members helped Colleton River rise to the top of the list for people seeking to relocate for the serenity and lifestyle offered here.

As Colleton River’s Top Selling Realtor, I would like to thank my past and present clients for their continued support and for entrusting me with their real estate needs. Kevin King Associates not only led the way in Colleton River, but Charter One Realty was also the top brokerage in the community with 57.9% market share. Because of your trust and loyalty, more than 68% of my transactions were conducted in my home community, Colleton River. We know we would only have this success with your support. Please accept our sincere thanks and gratitude, and I look forward to many years of continued friendships.

We understand that every property is unique and will develop a customized marketing plan that will provide the attention and exposure your property deserves. Your property will be expressly positioned to create maximum interest helping to produce the highest possible financial return. Contact me to learn more about showcasing your home on the Luxury Real Estate Market.

CharterOneRealty.com | Well ConnectedTM Kevin King
843-384-9466 Kevin@KevinKingAssociates.com
121 Inverness Drive 5BR 7BA 1HBA | MARSH & RIVER VIEWS | SALE PRICE: $3,700,000 BOASTS A LONG MARSH TO DEEP WATER VIEW SOLD KEVIN KING REPRESENTED: SELLER 6 Mackays Point 4BR 4BA 1HBA | MARSH VIEWS | SALE PRICE: $2,110,000 TRADITIONAL SOUTHERN ARCHITECTURE AT IT’S BEST! SOLD KEVIN KING REPRESENTED: SELLER LISTED & SOLD IN UNDER A WEEK
4 Hawthorne Road 4BR 4BA 1HBA | GOLF & LAGOON VIEWS | SALE PRICE: $2,096,000 BEAUTIFUL VIEWS OVER THE LAGOON AND #2 GREEN OF THE NICKLAUS COURSE SOLD KEVIN KING REPRESENTED: SELLER & BUYER 6 Kittansett Court 4BR 4BA | GOLF & LAGOON VIEWS | SALE PRICE: $1,881,000 CLASSIC LOWCOUNTRY COTTAGE SOLD KEVIN KING REPRESENTED: SELLER & BUYER LISTED & SOLD IN UNDER A WEEK
10 Mackays Point 4BR 4BA 1HBA | MARSH VIEWS | SALE PRICE: $1,800,000 PRIVATE SETTING AND BEAUTIFUL LANDSCAPING SOLD KEVIN KING REPRESENTED: SELLER 37 Inverness Drive 3BR 3BA 2HBA | LAKE VIEWS | SALE PRICE: $1,795,000 EXQUISITE FRENCH COUNTRY HOME SOLD KEVIN KING REPRESENTED: SELLER & BUYER LISTED& SOLD INTWO WEEKS
Somerset Point 4BR 4BA 1HBA | GOLF VIEWS | SALE PRICE: $1,700,000 BEAUTIFUL OUTDOOR ENVIRONMENT SOLD KEVIN KING REPRESENTED: SELLER
Whitehall Drive
4BA 1HBA | GOLF & LAGOON VIEWS | SALE PRICE: $1,600,000
LAGOON TO GOLF VIEWS
KEVIN KING REPRESENTED: BUYER
3
16
4BR
AWESOME
SOLD
11 Magnolia Blossom 4BR 4BA 2HBA | GOLF & LAGOON VIEWS | SALE PRICE: $1,550,000 CRABAPPLE COTTAGE, A SOUTHERN LIVING DESIGNED HOME SOLD KEVIN KING REPRESENTED: SELLER 43 Magnolia Blossom Drive 4BR 4BA 1HBA | GOLF VIEWS | SALE PRICE: $1,495,000 FANTASTIC VIEW STRAIGHT DOWN 15 FAIRWAY OF THE NICKLAUS COURSE SOLD KEVIN KING REPRESENTED: SELLER & BUYER LISTED & SOLD IN UNDER 2 WEEKS
39 Hampton Lane 4BR 4BA 1HBA | GOLF & LAGOON VIEWS | SALE PRICE: $1,439,000 GOLF TO LAGOON VIEW SOLD KEVIN KING REPRESENTED: SELLER 14 Inverness Drive 3BR 3BA 1HBA | GOLF & LAGOON VIEWS | SALE PRICE: $1,345,000 LOCATED ON THE SECOND FAIRWAY OF THE DYE COURSE SOLD KEVIN KING REPRESENTED: SELLER LISTED& SOLD IN3 DAYS LISTED & SOLD IN UNDER A WEEK
2 Middleburg Court 4BR 4BA | GOLF VIEWS | SALE PRICE: $1,260,000 TOTALLY RENOVATED SOLD KEVIN KING REPRESENTED: SELLER & BUYER 23 Hampton Lane 3BR 3BA 1HBA | GOLF & LAGOON VIEWS | SALE PRICE: $1,075,000 CHARMING HOME WITH BEAUTIFUL LAGOON TO GOLF VIEWS SOLD KEVIN KING REPRESENTED: SELLER LISTED & SOLD IN UNDER A WEEK LISTED& SOLD IN3 DAYS
21 Hawthorne Road 4BR 4BA | GOLF & LAGOON VIEWS | SALE PRICE: $965,000 GREAT GOLF LAGOON VIEWS OF #7 NICKLAUS COURSE SOLD KEVIN KING REPRESENTED: SELLER & BUYER In this rapidly changing market, we are here to give you the most timely and accurate market and pricing information. If you are looking for experienced representation when selling your Colleton River property, look no further. Call 843-384-9466 or email KevinKing@CharterOneRealty.com LIVE THE LOWCOUNTRY LIFE. Whether it’s golf or tennis that’s calling your name or the calming sounds of the water; let us find the home that’s right for you.  VIEW OUR COLLETON RIVER PROPERTIES CURRENTLY ON THE MARKET!

ADDITIONAL COLLETON RIVER TRANSACTIONS

The following is a list of 2023 homesite sales in Colleton River facilitated by Kevin King. Scan QR

with a smart phone camera to see the latest Colleton River Market Report.

Code
ADDRESS VIEW ACRES SOLD PRICE SOLD 127 Inverness Drive Marsh, River 0.67 $950,000 REPRESENTED THE SELLER 10 High Ponds Lane Lagoon, Wooded 4.85 $410,000 REPRESENTED THE SELLER & BUYER 144 Inverness Drive Golf, Lagoon 0.74 $325,000 REPRESENTED THE BUYER 13 Ballybunion Way Golf, Lagoon 0.58 $300,000 REPRESENTED THE SELLER & BUYER 32 Whitehall Drive Golf, Marsh 0.45 $290,000 REPRESENTED THE SELLER & BUYER 4 Middleburg Court Golf 0.44 $70,000 REPRESENTED THE SELLER 30 Inverness Drive Golf 0.58 $62,500 REPRESENTED THE SELLER 5 Oakley Court Golf, Landscape 0.43 $45,000 REPRESENTED THE BUYER

EXCITING PARTNERSHIP ANNOUNCEMENT!

Charter One Realty is thrilled to announce that EDC has partnered with our brokerage and Kevin King Associates to elevate the listing and marketing of their properties in Colleton River.

This collaboration brings together the best in the business to provide an unparalleled experience for those looking to buy in the community. Clients can expect top-notch service, innovative marketing strategies, and expert negotiation skills that set the standard in the industry.

Kevin King Associates www.KevinKingAssociates.com KEVIN KING 843-384-9466 MEET YOUR CHRISTINE REID 843-684-0097 JAY LANGSTON 864-520-3782

Associates Team

Scan QR Code to learn more about the Kevin King Associates Team.

Why

CHOOSE US

By working with Kevin King Associates and Charter One Realty, you gain access to a best-in-the-business network of professionals. From mortgage brokers to top attorneys, we have you covered.

Our marketing approach cannot be duplicated. It is designed to tell the story of your home through professional marketing and extensive advertising across all possible communication channels - ensuring highquality exposure that is unmatched by competing companies. With Charter One Realty, we tell the story of your home through:

Professional Photography

Digital Tools

Print Advertising

Professionally Printed Materials

Networking and Referrals

Public and Private Showings

24/7 Web Exposure

Social Media

The record shows that Kevin King Associates and our brokerage consistently markets more properties for sellers and brings more buyers in the Lowcountry. This means your property is in the hands of experienced professionals who regularly market and negotiate property. We are the trusted and experienced choice for buyers and sellers. If you are interested in marketing and selling your Lowcountry property, please contact us today.

KARA FORTNEY 843-415-5752 JIMMY WEISSBERG 516-322-1202

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 nearly 500 million-plus transactions in 2023, Charter One Realty commands a majority 76% 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.

COLLETON RIVER MARKET SHARE

Since 2005, Charter One Realty has maintained the highest sales volume in Colleton River, FIVE times more than the #2 ranked brokerage in 2023. Part of our success in Colleton River can be attributed to the fact that many of our real estate professionals live in the community. That Colleton River knowledge and experience cannot be found in any other brokerage in our area.

The record shows that we have the resources, experience, and the buyers to accomplish your real estate goals.

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, 2023 - December 31, 2023. Company Million-Plus Buyers Represented in 2023 Million-Plus Sellers Represented in 2023 Charter One Realty 183 269 Company #2 89 64 Company #3 47 47 Company #4 40 41 Company #5 39 40
Company Colleton River Buyers Represented in 2023 Colleton River Sellers Represented in 2023 Sales Volume in Colleton River Charter One Realty 23.5 39 $68,481,500 Company #2 7 1 $10,755,000 Company #3 9 6 $9,126,000 Company #4 4 3 $6,793,150 Company #5 0.5 1 $2,992,500 Total 44 50 $98,148,150

COLLETON RIVER SALES VOLUME BY AGENT

As a Colleton River property owner, I have a vested interest in the community that I call home.

Personally, I had a very successful year within the gates of Colleton River. With a 33% market share in Colleton River, I ended 2023 with a sales volume of over $38M in Colleton River. In 2023, I successfully marketed 19 properties in Colleton River and brought in 13 buyers to the community.

$38.7
Kevin King Associates $6.9M Agent #2 Agent #3 $6M Agent #4 $5.7M Agent #5 $5.3M Agent Colleton River Buyers Represented in 2023 Colleton River Sellers Represented in 2023 Sales Volume in Colleton River Kevin King 13 19 $38,755,500 Agent #2 5 6 $6,906,000 Agent #3 3 1 $6,010,000 Agent #4 1 4 $5,747,000 Agent #5 1 3 $5,375,000
MILLION
SALES DOLLAR VOLUME

MARKET SNAPSHOT - 5 YEAR AVERAGE

COLLETON RIVER HOMES 2019 - 2023

Over the last 5 years, homes in Colleton River listed with Kevin King Associates averaged:

• Higher Sale Price

• Fewer Days On The Market

• Sold At A Higher % of List Price to Sold

Median Sale Price $773,500 $965,000 Sale Price/List Price % (AVG) 92.84% 97.36% CDOM ( DAYS ON MARKET AVG) 173 154 KEY METRICS FOR HOMES All Agents Kevin King Associates
AVERAGE DAYS ON MARKET 173 Homes Sold with All Agents AVERAGE DAYS ON MARKET 154 Homes Sold with Kevin King LIST/SOLD PRICE RATIO 93% Homes Sold with All Agents LIST/SOLD PRICE RATIO 97% Homes Sold with Kevin King MEDIAN SOLD PRICE $773,500 Homes Sold with All Agents Homes Sold with Kevin King MEDIAN SOLD PRICE $965,000
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.
Price
AGENT #2 $7,818,000 2 4 AGENT #3 $6,313,825 10 3 AGENT #4 $4,142,501 2 2 AGENT #5 $3,085,000 0 3 KEVIN KING ASSOCIATES $21,072,379 16 14 AGENT 2019 SALES VOLUME 2019 BUYERS REPRESENTED 2019 SELLERS REPRESENTED AGENT #2 $16,757,002 14 8 AGENT #3 $13,015,501 7 7 AGENT #4 $7,897,755 14 11 AGENT #5 $5,397,500 1 3 KEVIN KING ASSOCIATES $47,472,838 29 21 AGENT 2020 SALES VOLUME 2020 BUYERS REPRESENTED 2020 SELLERS REPRESENTED 5 YEAR TRANSACTIONS AND SALES BY AGENT COLLETON RIVER 2019 - 2023 AGENT #2 $22,897,345 25 14 AGENT #3 $9,125,502 8 9 AGENT #4 $5,956,502 15 2 AGENT #5 $5,082,000 2 3 KEVIN KING ASSOCIATES $34,463,501 31 19 AGENT 2021 SALES VOLUME 2021 BUYERS REPRESENTED 2021 SELLERS REPRESENTED
AGENT #2 $17,385,500 6 4 AGENT #3 $14,062,000 18 7 AGENT #4 $6,630,000 1 1 AGENT #5 $5,514,750 2 4 KEVIN KING ASSOCIATES $63,867,750 22 22 AGENT 2022 SALES VOLUME 2022 BUYERS REPRESENTED 2022 SELLERS REPRESENTED AGENT #2 AGENT #3 AGENT #4 AGENT #5 Closed Sales Volume in Colleton River by Agent $205,631,968 $51,763,100 $23,002,000 $40,153,005 $32,801,329
- 2023 KEVIN KING ASSOCIATES AGENT #2 $6,906,000 6 5 AGENT #3 $6,010,000 1 3 AGENT #4 $5,747,000 4 1 AGENT #5 $5,375,000 3 1 KEVIN KING ASSOCIATES $38,755,500 19 13 AGENT 2023 SALES VOLUME 2023 BUYERS REPRESENTED 2023 SELLERS REPRESENTED
2019

69%+ #1

From 2005 to present day, Charter One Realty has maintained the highest sales volume in Colleton River, 5 times more than the #2 ranked brokerage in 2023.

In 2023, Charter One Realty successfully represented more than 69.6% of the seller-side transactions in Colleton River.

42%+

In 2023, Charter One Realty successfully represented more than 42.7% of the buyer-side transactions in Colleton River.

Charter One Realty is ranked in the top 500 brokerages in the Nation by REAL Trends and Swanepoel. 500

Charter One Realty is the #1 Ranked Brokerage in the Lowcountry and maintains the highest market share by volume at more than 26%.

Charter One Realty successfully closed over $1.47 Billion in total sales in 2023, TWO TIMES more than the #2 ranked brokerage in MLS.

Charter One Realty had over 1,600 successfully closed transactions in 2023, more than any other brokerage in the Lowcountry.

On average, Charter One Realty sold a property every 5 Hours in 2023.

Charter One Realty ranked #1 in Buyer Representation in all price points throughout the Lowcountry in 2023.

Charter One Realty ranked #1 in Seller Representation in all price points throughout the Lowcountry in 2023.

TOP

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.

Kevin and his team are directly connected with top producing agents in communities around the world and other markets that support ours, creating the maximum exposure for his listings.

In the end, we bring more luxury buyers to closing than any other brokerage in the Lowcountry.

Kevin King

843-384-9466

Kevin@KevinKingAssociates.com

CharterOneRealty.com | Well ConnectedTM

LISTING YOUR HOME?
This is not a solicitation of properties already listed with a Realtor.

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