Quarter 3 2014 Market Update

Market Update Q3 2014

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The Market in Downtown Charleston

South of Broad Market 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 including 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.

Days On Market

Total Sales 40

228

250

31

30

200

25

150

20

125 133

Days on Market

129

Cumulative Days on Market

100

50

10

Q3 2013

Q3 2014

Q3 2013

Average Sale Price $2,000,000

Sold Price Per Sqft $550

$1,531,620

$1,500,000

Q3 2014

$1,253,887

$500

$500

$443

$450

$400

$1,000,000

$350

$500,000

Q3 2013

Q3 2014

$300

Q3 2013

Q3 2014

List Prices versus Sold Prices $1,677,580 $1,620,040

$1,750,000

$1,500,000

$1,531,620

$1,380,387

$1,349,658

$1,253,887

Original List Price

$1,250,000

Final List Price

Sold Price

$1,000,000

$750,000

Q3 2013

Q3 2014

Sold in Q3 Featured Property

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 completely 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 Street 6BR/5+B | 6,000 SqFt Sold for $3,000,000 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Nantucket, Massachusetts 4BR/3.5B 2,612 SqFt $2,975,000 Maury People Sotheby’s International Realty

Ile-De-France, France 4BR/2B 1,905 SqFt $2,792,535 Paris Oest Sotheby’s International Realty 4

Los Angeles, California 5BR/3B 3,080 SqFt $2,795,000 Sotheby’s International Realty Beverly Hills Brokerage

Harleston Village Market 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 neighborhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.

Days On Market

Total Sales 30

250

27

25

167

19

20

192

191

Days on Market

122

150

Cumulative Days on Market

15

10

50

Q2 2013

Q2 2013

Q2 2014

Q2 2014

Average Sale Price $700,000

Sold Price Per Sqft $350

$669,224

$648,380

$650,000

$330

$600,000

$318

$313

$310

$550,000

Q2 2013

Q2 2014

$290

Q2 2013

Q2 2014

List Prices versus Sold Prices $800,000

$743,584

$707,721

$700,000

$669,224

$680,780

$667,478

$648,380

Original List Price

Final List Price

Sold Price

$600,000

$500,000

Q2 2013

Q2 2014

Under Contract Featured 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 treatments 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, Texas 5BR/4+B 5,804 SqFt $1,000,000 Martha Turner Sotheby’s International ­­ Realty

Miami, Florida 4BR/3.5B 2,871 SqFt $950,000 ONE Sotheby’s International Realty 6

Pelham, New York 4BR/3.5B 2,783 SqFt $925,000 McClellan Sotheby’s International Realty

French Quarter Market Facts

The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Originally 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.

Days On Market

Total Sales 10

400

343 343

300

6

4

5

Days on Market

200

90 90

100

0

Cumulative Days on Market

0

Q3 2013

Q3 2014

Q3 2013

Average Sale Price $1,250,000

Q3 2014

Sold Price Per Sqft $595

$600

$1,005,625

$1,000,000

$580

$750,000

$576

$580,083

$500,000

Q3 2013

Q3 2014

$560

Q3 2013

Q3 2014

List Prices versus Sold Prices $1,300,000

$1,050,000 $1,047,500

$1,005,625

$1,100,000

$900,000

$700,000

Original List Price

Final List Price

Sold Price

$621,317 $608,500

$580,083

$500,000

Q3 2013

Q3 2014

Featured Ad - Charleston Mercury, September 2014

October Mag_Layout 1 9/19/14 1:25 PM Page 1

1168 PILOT BOY • WADMALAW

BRICKHOUSE PLANTATION • JOHNS ISLAND

INDIGO PARK | KIAWAH ISLAND

3B, 3.5b | 4,872 sqft | $2,395,000

220 Acres | $3,995,000

5B, 5.5b | 3,568 sqft | $2,585,000

Offered by Dan Ravenel

Offered by H. Middleton Rutledge

TANGLEWOOD PLANTATION • LYNCHBURG

ACORN FARM • CAMDEN

6B, 5.5b | 5,500 sqft | 23+ Acres | $875,000

5B, 5+b | 10,000 sqft | 341 Acres

Offered by Chasen McCall

Offered by Dan Ravenel

Offered by H. Middleton Rutledge

330 MOON TIDE LANE • KIAWAH ISLAND 1.09 Acres | $930,000

Offered by Georgia Nettles & Jimi Craddock

RENAISSANCE FARMS • RIDGEVILLE

5434 CHAPLINS LANDING ROAD • HOLLYWOOD

POPLAR SPRINGS ESTATE • WESTMINSTER

4B, 4.5b | 5,600 sqft | 232 Acres | $3,750,000

5B, 5.5b | 5,248 sqft | 29+ Acres | $3,550,000

8B, 10.5b | 16,000 sqft | 158 acres | $8,000,000

Offered by Dan Ravenel

Offered by Dan Ravenel

Offered by Chasen McCall

33 Broad Street Charleston, SC 29401 843.723.7150 DanielRavenelSIR.com

8

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.

Days On Market

Total Sales 9

10

351

375

275

5

5

179

201

175

0

Days on Market 156

Cumula;ve Days on Market

75

Q3 2013

Q3 2014

Q3 2013

Average Sale Price $1,250,000

$1,000,000

$1,141,400

Q3 2014

Sold Price Per Sqft $460

$440

$826,556

$750,000

$433

$424

$420

$500,000

Q3 2013

Q3 2014

$400

Q3 2013

Q3 2014

List Prices versus Sold Prices $1,350,000

$1,215,800$1,166,800

$1,141,400

$1,150,000

$950,000

Final List Price

$983,333

$896,778

Sold Price

$826,556 $750,000

Q3 2013

Original List Price

Q3 2014

Under Contract in 3 Days 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 Street 2BR/2.5B | 2,568 SqFt $1,240,000 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Big Sky, Montana 3BR/4.5B 2,560 SqFt $1,500,000 Big Sky Sotheby’s International Realty

Rio Grande, Puerto Rico 4BR/4+B 4,221 SqFt $1,475,000 Puerto Rico Sotheby’s International Realty 10

Western Cape, South Africa 4BR/4B 4,305 SqFt $1346,095 Lew Geffen Sotheby’s International Realty

Radcliffeborough Market Facts

Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Upper King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.

Days On Market

Total Sales 15

150

107

10

10

100

Days on Market

53

5

5

82 82

50

0

Cumulative Days on Market

0

Q3 2013

Q3 2014

Q3 2013

Q3 2014

Average Sale Price $600,000

$582,000

Sold Price Per Sqft $400

$323

$300

$500,000

$283

$469,135

$200

$400,000

Q3 2013

Q3 2014

$100

Q3 2013

Q3 2014

List Prices versus Sold Prices $650,000

$608,400 $603,600

$582,000

$550,000

$498,550

$494,200

$469,135

$450,000

Original List Price

Final List Price

Sold Price

$350,000

$250,000

Q3 2013

Q3 2014

Featured Ad - Charleston Mercury, August 2014

August_Layout 1 6/17/14 4:59 PM Page 1

1168 Pilot Boy • Martins Point

9 Legare Street • South of Broad

330 Moon Tide Lane • Kiawah Island

4 Greenhill Street • South of Broad

Poplar Springs Estate • Westminster

THIS IS OUR WORLD.

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...

33 Broad Street Charleston, SC 29401 843.723.7150 DanielRavenelSIR.com

12

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.

Days On Market

Total Sales 14

15

300

11

252

206

10

200

5

100

0

Days on Market

113 121

Cumulative Days on Market

0

Q3 2013

Q3 2014

Q3 2013

Q3 2014

Average Sale Price $373,774

$400,000

$300,000

Sold Price Per Sqft $300

$297,929

$223

$235

Q3 2013

Q3 2014

$200

$200,000

Q3 2013

Q3 2014

$100

List Prices versus Sold Prices $450,000

$392,664

$400,000

$350,000

$300,000

$390,573

$373,774

$327,179 $322,536

Final List Price

Sold Price

$297,929

$250,000

Q3 2013

Original List Price

Q3 2014

Labor Day Weekend Kiawah Event - Indigo Park Open Houses

14

Wagener Terrace & Hampton Park Market Facts

Wagener Terrace is a suburban area with marsh views and numerous 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.

Days On Market

Total Sales 30

95

105

27

26

85

25

77

Days on Market

65

40 43

45

20

Cumulative Days on Market

25

Q3 2013

Q3 2014

Q3 2013

Q3 2014

Average Sale Price $450,000

Sold Price Per Sqft $250

$371,615

$385,683

$350,000

$204

$226

$150

$250,000

Q3 2013

Q3 2014

$50

Q3 2013

Q3 2014

List Prices versus Sold Prices $650,000

$450,000

$384,190

$398,894

$371,615

$392,482

$391,548

$385,683

Original List Price

Final List Price

Sold Price

$250,000

$50,000

Q3 2013

Q3 2014

Under Contract Featured 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 $154,900 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Sea Ranch, California .5 Acres $110,000 Sotheby’s International Realty Wine Country Broadway Brokerage

16

La Pine, Oregon 10 Acres $110,000 Cascade Sotheby’s International Realty

Knoxville, Tennessee .42 Acres $159,000 Alliance Sotheby’s International Realty

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.

Days On Market

Total Sales 10

176

200

8

5

100

3

Days on Market

80

Cumulative Days on Market

25 25

0

0

Q3 2013

Q3 2014

Q3 2013

Q3 2014

Average Sale Price $800,000

$700,000

$745,667

Sold Price Per Sqft $400

$305

$295

Q3 2013

Q3 2014

$300

$639,188

$600,000

$200

$500,000

Q3 2013

Q3 2014

$100

List Prices versus Sold Prices $850,000

$765,333

$650,000

$765,333

$656,125 $652,375

$639,188

$745,667

Original List Price

Final List Price

Sold Price

$450,000

Q3 2013

Q3 2014

In the News - Post & Courier, September 27, 2014 Charleston agency takes part in luxury real estate conference

Local 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 worldwide 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 services, 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 properties 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 International 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 Sotheby’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.

18

Destination: Charleston

The Market in the Charleston Area

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 traditionally a planting community for early settlers of Charlestowne.

Days On Market

Total Sales 140

200

130

159

150

120

100

114

109

Days on Market

92

76

Cumulative Days on Market

50

0

100

Q3 2013

Q3 2014

Q3 2013

Q3 2014

Average Sale Price $375,000

$300,000

$296,734

$324,602

Sold Price Per Sqft $160

$152

$150

$225,000

$142

$140

$150,000

Q3 2013

Q3 2014

$130

Q3 2013

Q3 2014

List Prices versus Sold Prices $360,000

$341,001

$340,000

$333,141

$324,602

$320,000

$300,000

Original List Price

Final List Price

$304,478

$299,346

$296,734

Sold Price

$280,000

Q3 2013

Q3 2014

On the Market Featured 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 gorgeous 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 Plantation 220 +/- Acres $3,995,000 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Daniel, Wyoming 703 Acres $3,850,000 Jackson Hole Sotheby’s International Realty

Mora, New Mexico 496 Acres $3,800,000 Sotheby’s International Realty Santa Fe

22

Galena, Maryland 339 Acres $3,495,000 Brandywine Fine Properties Sotheby’s International Realty

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 exploring James Island, one will find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

Days On Market

Total Sales 300

105

262

85

231

250

86

81

75

Days on Market

65

200

53

Cumulative Days on Market

45

25

150

Q3 2013

Q3 2014

Q3 2013

Average Sale Price $350,000

Q3 2014

Sold Price Per Sqft $200

$285,516

$285,414

$148

$148

Q3 2013

Q3 2014

$150

$250,000

$100

$150,000

Q3 2013

Q3 2014

$50

List Prices versus Sold Prices $310,000

$300,000

$290,000

$303,524

$296,290

$293,198 $292,459

$285,414

$285,516

Original List Price

$280,000

Final List Price

$270,000

Sold Price

$260,000

$250,000

Q3 2013

Q3 2014

Featured Ad Oasis, September 2014 Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 1

e New Standard in Environmentally Responsible Luxury…

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

Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 2

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 | MRutledge@DanielRavenelSIR.com

...e Vision

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...e Location

Indigo Park is the Vision of Candace Dyal, president of Dyal Compass LLC, whose mission is to invest in and develop real estate products that focus on conservation and a healthier environment. Candace has teamed up with Christopher Rose Architects and Royal Indigo Construction to fulfill what she calls "a concept that's important to everyone on the team; to build with a conscience." With this aspirational vision met, Indigo Park would be the first community in a luxury resort of entirely LEED Certified homes.

NuCedar exterior shingles need no painting or staining. Hurricane-resistant windows and doors, along with Energy Star appliances, mean less maintenance and more savings on utilities. Integrated geothermal systems are not only quiet and environmentally friendly, but also contribute to the energy efficiency of these homes. In addition, every garage is equipped with a 220-watt outlet to charge an electric car.The goal of these amenities?

Let homeowners enjoy a beautiful home without time-consuming maintenance and costly overhead.

One of the best locations on Kiawah, Indigo Park is only steps away from Rhett’s Bluff boat landing, The River Course golf course, and all the associated amenities including the River Course Club House and the Sasanqua Spa. This is the perfect location to bike to the rest of the island's amenities as well! New homeowners in Indigo Park will have the option to purchase an exclusive Kiawah Island Club membership at any level - Golf, Sports, or Social.

33 Broad Street Charleston, SC 29401 843.723.7150 DanielRavenelSIR.com

24

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.

Days On Market

Total Sales 125

200

150

131

150

75

69

77

66

76

100

Days on Market

Cumulative Days on Market

50

25

Q3 2013

Q3 2013

Q3 2014

Average Sale Price

Q3 2014

Sold Price Per Sqft

$300,000

$256,350

$242,052

$225,000

$140

$136

$129

$120

$150,000

Q3 2013

Q3 2014

$100

Q3 2013

Q3 2014

List Prices versus Sold Prices $400,000

$350,000

$344,968

$300,000

$250,000

$255,141

$242,052

$277,054 $269,021

$256,350

Original List Price

Final List Price

Sold Price

$200,000

$150,000

Q3 2013

Q3 2014

On the Market Featured Property

You must see this magnificent Ashley Harbor brick home with deep moldings, extensive woodwork and Brazilian 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 builtins, 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 Trail 5BR/4+B | 4,657 SqFt $895,000 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Langley, Washington 2BR/2B 3,030 SqFt $925,000 Realogics Sotheby’s International Realty

Treasure Cay, Bahamas 3BR/2B 2,486 SqFt $920,000 Damianos Sotheby’s International Realty 26

Essex, Massachusetts 4BR/2.5B 5,709 SqFt $950,000 By the Sea Sotheby’s International Realty

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 magnificent parks such as White Point Gardens attract visitors from all over the world.

Days On Market

Total Sales 248

250

188

200

155

200

150

153

Days on Market

150

108

Cumulative Days on Market

114

100

100

50

Q3 2013

Q3 2013

Q3 2014

Average Sale Price $1,000,000

$750,000

Q3 2014

Sold Price Per Sqft $347

$359

Q3 2013

Q3 2014

$400

$809,588

$741,641

$300

$200

$500,000

Q3 2013

Q3 2014

$100

List Prices versus Sold Prices $1,050,000

$950,000

$941,911 $944,888

$931,972

$903,798

Final List Price

$860,680

$850,000

Sold Price

$801,667

$750,000

Q2 2013

Original List Price

Q2 2014

On the Market Featured 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 handsome, 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 Charleston 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 Street 7BR/6+B | 6,400 SqFt $3,650,000 Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Greenwich, Connecticut 7BR/6.5B 6,785 SqFt $3,995,000 Sotheby’s International Realty Greenwich Brokerage

Santa Fe, New Mexico 7BR/5+B 8,500 SqFt $3,975,000 Sotheby’s International Realty Santa Fe Brokerage 28

Abbotsford, British Columbia 9BR/8B 44,340 SqFt $3,969,022 Sotheby’s International Realty Canada

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.

Days On Market

Total Sales 350

90

329

81

80

70

300

280

Days on Market

66

57

60

48

50

Cumulative Days on Market

40

250

Q3 2013

Q3 2013

Q3 2014

Q3 2014

Average Sale Price $500,000

$450,000

$439,600

$453,894

Sold Price Per Sqft $250

$195

$200

$205

$400,000

$150

$350,000

$300,000

Q3 2013

Q3 2014

$100

Q3 2013

Q3 2014

List Prices versus Sold Prices $480,000

$460,000

$440,000

$471,867

$465,820

$459,592

$454,438

$453,894

Final List Price

$439,600

Sold Price

$420,000

Q3 2013

Original List Price

Q3 2014

On the Market Featured 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 Caicos 1BR/1.5B 1,500 SqFt $2,000,000 Turks and Caicos Sotheby’s International Realty

Ibiza, Spain 3BR/4.5B 2,723 SqFt $1,498,433 Ibiza Sotheby’s International Realty 30

Rhone-Alpes, France 6BR/2+B 4,306 SqFt $1,498,433 Perle du Lac Sotheby’s International Realty

Sullivans Island Market 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.

Days On Market

Total Sales 14

15

350

307

300

10

Days on Market

250

6

200

5

194

156

178

Cumulative Days on Market

150

0

100

Q3 2013

Q3 2013

Q3 2014

Average Sale Price $1,900,000

Q3 2014

Sold Price Per Sqft $582

$600

$1,819,643

$1,800,000

$523

$550

$1,700,000

$1,631,750

$1,600,000

$500

$450

$1,500,000

Q3 2013

Q3 2014

$400

Q3 2013

Q3 2014

List Prices versus Sold Prices $2,200,000

$2,000,000

$2,015,993

$1,990,279

$1,819,643

$1,800,000

$1,755,067 $1,740,067

$1,631,750

$1,600,000

Original List Price

Final List Price

Sold Price

$1,400,000

$1,200,000

Q3 2013

Q3 2014

Marketing Charleston Worldwide

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About Charleston, SC

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33 Broad Street Charleston, SC 29401 O: 843.723.7150 | 843.723.7494

Daniel Ravenel Sotheby’s International Realty 33 Broad Street Charleston, SC 29401 O: 843.723.7150 | 843.723.7494 www.DanielRavenelSIR.com