Charleston Area Market Report | Quarter 3 | 2019

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MARKET REPORT CHARLESTON AREA | QUARTER 3 | 2019


Q3 2019 Market Update Section 1: Charleston Area


Featured Properties

1926 Maybank Highway

3092 Bohicket Road

2170 Wappoo Hall Road


Johns Island and Wadmalaw Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 225

2019 204

Avg. Sold Price Per SqFt 2018 $162

2019 $171

Average Days on Market 2018 50

2019 51

Average Sales Price 2018 2019 $361,126 $351,164

Our Johns Island and Wadmalaw Island Listings 2408 Maybank Highway 304 2408 Maybank Highway F-24 2408 Maybank Highway F-21 2408 Maybank Highway 101 2408 Maybank Highway 102 2408 Maybank Highway 104 2408 Maybank Highway 103 2408 Maybank Highway 302 2408 Maybank Highway 106 1547 Regimental Lane 2408 Maybank Highway C-29 3092 Bohicket Road 1772 Towne Street 2408 Maybank Highway 105 2408 Maybank Highway 301 2408 Maybank Highway 303 2408 Maybank Highway D-48 2408 Maybank Highway D-6 2408 Maybank Highway D-9 0 Pawlett Blake Lane Parcel 32 0 Pawlett Blake Lane Parcel 31 4996 Maybank Hwy 0 Pawlett Blake Lane Parcel 29b

$1,025,000 $82,687 $82,687 $925,000 $925,000 $950,000 $950,000 $995,000 $975,000 $849,900 $91,167 $1,650,000 $265,000 $975,000 $995,000 $1,025,000 $134,760 $49,616 $41,347 $310,500 $300,000 $799,000 $99,000

Under Contract Under Contract


James Island and Folly Beach 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 255

Avg. Sold Price Per SqFt

2019 300

2018 2019 $240 $233

Average Days on Market 2018 47

2019 53

Average Sales Price 2018 2019 $465,877 $408,543

Our James Island and Folly Beach Listings 1926 Maybank Highway 700 Daniel Ellis Drive 3301 2170 Wappoo Hall Road 1988 Minott Street 114 W Ashley Avenue B301 220/222 W Ashley Avenue 11 Red Sunset Lane

$5,950,000 $225,000 $3,495,000 $675,000 $615,000 $795,000 $1,850,000

Under Contract


West Ashley (Inside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 164

Avg. Sold Price Per SqFt

2019 163

2018 $199

2019 $200

Average Days on Market 2018 35

2019 48

Average Sales Price 2018 2019 $347,852 $329,875

Our West Ashley (Inside I-526) Listings 3002 S Shore Drive 13 Johnson Road 1505 Hurtes Island Drive 5 Arcadian Park 10 Cochran Court

$410,000 $5,025,000 $1,195,000 $474,900 $1,950,000

West Ashley (Outside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 286

2019 337

Avg. Sold Price Per SqFt 2018 $146

2019 $150

Average Days on Market 2018 40

2019 43

Average Sales Price 2018 2019 $269,964 $283,232

Our West Ashley (Outside I-526) Listings 249 Gullane Drive 1634 Bull Creek Lane

$399,000 $99,000

Under Contract


Rural West Ashley 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 43

2019 47

Avg. Sold Price Per SqFt 2018 $153

2019 $145

Average Days on Market 2018 90

2019 92

Our Rural West Ashley Listings 53 Stirrup Cup Lane 5720 Captain Kidd Road 4795 Stono Links Drive

$399,000 $358,000 $94,000

Average Sales Price 2018 2019 $355,040 $328,189


North Charleston (Inside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 119

2019 117

Avg. Sold Price Per SqFt 2018 $157

2019 $161

Average Days on Market 2018 26

Average Sales Price

2019 50

2018 2019 $229,392 $232,011

North Charleston/Summerville (Outside I-526) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 269

2019 285

Avg. Sold Price Per SqFt 2018 $110

2019 $120

Average Days on Market 2018 31

Average Sales Price

2019 31

2018 2019 $171,187 $194,002

North Charleston/Summerville (Outside I-526) Listings 4616 Sunny Lane

$324,900

Summerville Area 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 618

2019 561

Avg. Sold Price Per SqFt 2018 $121

2019 $129

Average Days on Market 2018 39

2019 46

Average Sales Price 2018 2019 $248,596 $264,767


Kiawah Island and Seabrook Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 64

2019 84

Avg. Sold Price Per SqFt 2018 $293

2019 $279

Average Days on Market 2018 192

2019 133

Average Sales Price 2018 2019 $692,429 $573,702

Our Kiawah Island and Seabrook Island Listings 123 Halona Lane 119 Halona Lane 117 Halona Lane 51 River Marsh Lane 121 Halona Lane 4204 Mariners Watch 5511 Cypress Cottage Lane 115 Halona Lane 1328 Pelican Watch

$1,800,000 $2,225,000 $2,370,000 $5,995,000 $3,160,000 $1,444,500 $1,590,000 $2,325,000 $335,000


Sullivan’s Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 17

2019 17

Avg. Sold Price Per SqFt 2018 $723

2019 $804

Average Days on Market 2018 102

2019 136

Average Sales Price 2018 2019 $2,301,313 $2,253,912

Our Sullivan’s Island Listings 2424 Jasper Boulevard

$2,450,000


Isle of Palms and Wild Dunes 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 63

2019 84

Avg. Sold Price Per SqFt 2018 $421

2019 $457

Average Days on Market 2018 117

2019 151

Average Sales Price 2018 2019 $940,350 $1,021,080

Our Isle of Palms and Wild Dunes Listings 9 55th Avenue 8 30th Avenue 5815 Back Bay Drive

$2,395,000 $1,435,000 $995,000

Under Contract


Mt. Pleasant (S of IOP Connector) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 289

2019 310

Avg. Sold Price Per SqFt 2018 $262

2019 $265

Average Days on Market 2018 52

2019 58

Average Sales Price 2018 2019 $548,679 $537,000

Our Mt. Pleasant (S of IOP Connector) Listings 255 Swallowtail Court 268 Alexandra Drive 13 764 Natchez Circle 34 Isle Of Hope Road 17 Grace Lane 635 Mccants Drive 1408 Jackson Street 639 Mccants Drive 635 Mccants Drive

$570,000 $235,000 $432,500 $945,000 $1,949,000 $629,000 $649,000 $574,000 $1,895,000

Mt. Pleasant (N of IOP Connector) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 378

2019 483

Avg. Sold Price Per SqFt 2018 $194

2019 $198

Average Days on Market 2018 70

2019 70

Average Sales Price 2018 2019 $505,151 $509,351

Our Mt. Pleasant (N of IOP Connector) Listings 2745 Rush Haven Drive 2317 Kiln Point Drive

$228,900 $859,000


Dewees Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 2

Avg. Sold Price Per SqFt

2019 2018 2 $230

2019 $259

Average Days on Market 2018 360

2019 745

Our Dewees Island Listings 171 Dewees Inlet Drive 403 Pelican Flight Drive

$2,099,000 $1,350,000

Average Sales Price 2018 $617,500

2019 $1,100,000


Daniel Island 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 94

2019 94

Avg. Sold Price Per SqFt 2018 $262

Average Days on Market

2019 $257

2018 86

Average Sales Price

2019 71

2018 2019 $824,004 $725,589

Our Daniel Island Listings 55 Watroo Point

$997,500

Wando and Cainhoy 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 76

2019 106

Avg. Sold Price Per SqFt 2018 $179

2019 $178

Average Days on Market 2018 68

2019 97

Average Sales Price 2018 2019 $419,135 $401,258


Q3 2019 Market Update Section 2: Downtown Charleston


Downtown Charleston (Inside Crosstown) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 76

2019 90

Avg. Sold Price Per SqFt 2018 $496

2019 $453

Average Days on Market 2018 79

2019 100

Average Sales Price 2018 2019 $1,219,227 $958,518

Our Downtown Charleston (Inside Crosstown) Listings 108 Smith Street 108-G 70 Vanderhorst Street 32 Council Street 109 E Bay Street 1b 33 Calhoun Street 122 35 Tradd Street 1 King Street 509 48 Warren Street 33 Calhoun Street 227-Bld 119 Wentworth Street 119-D 61 A Barre Street 84 Bull Street C 192 Ashley Avenue B 9 Limehouse Street 50 Gadsden Street B 137 Broad Street 25 Rutledge Avenue 2 Laurens Street 4-E 62 Barre Street 3 Council Street 5 Montagu Street 42 Bull Street 80 Ashley Avenue 165 Tradd Street 17 Water Street

$524,000 $699,000 $1,495,000 $869,000 $629,000 $2,150,000 $925,000 $849,500 $650,000 $373,000 $2,250,000 $460,000 $849,000 $4,950,000 $699,000 $1,895,000 $895,000 $3,300,000 $600,000 $850,000 $565,000 $895,000 $1,250,000 $1,150,000 $2,150,000

Under Contract Under Contract Under Contract


Downtown Charleston (Outside Crosstown) 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 40

2019 48

Avg. Sold Price Per SqFt 2018 $320

2019 $306

Average Days on Market 2018 2019 41 66

Average Sales Price 2018 2019 $504,600 $448,431


South of Broad 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 22

2019 24

Avg. Sold Price Per SqFt 2018 $628

2019 $514

Average Days on Market 2018 100

2019 108

Average Sales Price 2018 2019 $1,965,299 $1,532,022


Harleston Village 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 13

2019 10

Avg. Sold Price Per SqFt 2018 $475

2019 $365

Average Days on Market 2018 74

2019 70

Average Sales Price 2018 2019 $1,039,346 $718,220

French Quarter 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 5

2019 7

Avg. Sold Price Per SqFt 2018 $567

2019 $522

Average Days on Market 2018 124

2019 121

Average Sales Price 2018 2019 $2,076,000 $1,043,000

Ansonborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 4

2019 6

Avg. Sold Price Per SqFt 2018 $465

2019 $500

Average Days on Market 2018 33

2019 137

Average Sales Price 2018 2019 $1,427,500 $1,058,750


Radcliffeborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 4

2019 9

Avg. Sold Price Per SqFt 2018 $422

2019 $334

Average Days on Market 2018 48

2019 106

Average Sales Price 2018 2019 $694,163 $605,444


Cannonborough-Elliottborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 3

2019 7

Avg. Sold Price Per SqFt 2018 $305

2019 $505

Average Days on Market 2018 12

Average Sales Price

2019 61

2018 2019 $572,843 $950,088

Wagener Terrace and Hampton Park 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 15

2019 15

Avg. Sold Price Per SqFt 2018 $300

2019 $314

Average Days on Market 2018 58

Average Sales Price

2019 48

2018 2019 $499,433 $489,439

Mazyck-Wraggborough 2018 Sales v. 2019 Sales Single Family Home Sales | Greater Charleston Area

Number of Sales 2018 1

2019 2

Avg. Sold Price Per SqFt 2018 $521

2019 $554

Average Days on Market 2018 2019 27 25

Average Sales Price 2018 2019 $3,306,500 $854,118


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