QUARTER 2, 2016 REAL ESTATE REPORT
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.
Number of Sales
Average Days On Market 73
270 220 170 120 70 20
173
200
70 50
Q2 2015
30
Q2 2016
Q2 2015
Average Sale Price $400,000
71
Sold Price Per SqFt
$314,190 $ 311,050
$250
$300,000 $200,000
$150
$100,000
$50 Q2 2015
Q2 2016
Q2 2016
$150 $151
Q2 2015
Q2 2016
List Prices versus Sold Prices $400,000
$300,000
$327,721 $320,565 $314,190 $317,890 $314,117 $311,050
Original List Price Final List Price Sold Price
$200,000 Q2 2015 Q2 2016
featured properties |
johns island
3940 Chisolm Road Dan Ravenel & Ruthie Ravenel
$3,900,000 5B 3.5b 4,500 SqFt 49 Acres
1881 Headquarters Plantation Drive Stacie Brown
4B 3.5b 2,979 SqFt
$799,000 .67 Acres
selling the extraordinary 5
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
James Island & Folly Beach 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.
Number of Sales 342
350
Average Days On Market
326
300 250
70
200
60
150 Q2 2015
Q2 2015
Q2 2016
Sold Price Per SqFt
$349,186 $ 339,797
$270 $220 $170 $120 $70 $20
$300,000 $200,000 $100,000 Q2 2015
65
50
Q2 2016
Average Sale Price $400,000
79
80
Q2 2016
$186
Q2 2015
$195
Q2 2016
List Prices versus Sold Prices
$350,000
$364,381 $359,082 $349,186
$356,720 $347,219 $339,797
Original List Price Final List Price Sold Price
$250,000 Q2 2015 Q2 2016
global networking event - las vegas 2016 Charleston, SC (June 6, 2016) – Daniel Ravenel Sotheby’s International Realty, recently participated in the 2016 Sotheby’s International Realty® Global Networking Event. The event, which took place from May 16th through May 18th in Las Vegas, Nevada, brought together approximately 2,300 members of the Sotheby’s International Realty network, with more than 165 of the brand’s companies represented from 40 countries and territories worldwide. “How “How invaluable invaluable is is this this to toour ourclients-clients-- having havingtheir their real estate agent connect and build relationships with real estate agent connect and build relationships with the the other other top top producing producing luxury luxuryagents agentsfrom fromaround around the country and the world! Th is is how the country and the world! This is howdeals dealsare are done at the highest level and we create value above done at the highest level and we create value above and and beyond, beyond,”” said said Chasen Chasen McCall, McCall, Daniel DanielRavenel Ravenel Sotheby’s International Realty. According to veteran Sotheby’s International Realty. According to veteran agent GeorgiaNettles, Nettles,“I really “I really enjoyed first agent Georgia enjoyed my fimy rst Global Global Networking Event. Being with over 2,300 Networking Event. Being with over 2,300 agents from agents around theto world showand thedepth powerof aroundfrom the world goes showgoes the to power and depth of this incredible brand. justphone hung up thean this incredible brand. I just hung upI the with phone with an agent from Los Angeles – we were agent from Los Angeles – we were talking about how talking abouttogether. how we Having can work together.referral Having(and a we can work a personal personal referral (and someone I know I can trust) in someone I know I can trust) in almost any city in the almost any city world makes me a better agent. world makes meina the better agent. Combine this with the Combine this with the extraordinary extraordinary marketing tools at mymarketing fingertips tools and I at my fi and I know I can’t go wrong.” know I ngertips can’t go wrong. ” Held at the Wynn Las Vegas, the Sotheby’s International Realty Global Networking Event was a dynamic three-day immersion into the brand, offering network members the unique opportunity to collaborate, share ideas and best practices, generate referrals and create lasting business connections around the world. The general sessions featured inspiring,emotional emotionaland andmotivational motivational speeches speeches from from Sotheby’s International inspiring, Realty Affi liates LLC’s Philip White, president and executive chief executive officer, Realty Affiliates LLC’s Philip White, president and chief officer, Wendy Wendychief Purvey, chief offi marketing officer, X. and Francis X.senior Santangelo, senior Purvey, marketing cer, and Francis Santangelo, vice president, vice president, global operations; as well as keynote speaker Daniel Lamarre, global operations; as well as keynote speaker Daniel Lamarre, president and chief presidentoffi and executive officer Cirquespeaker du Soleil, closing executive cerchief of Cirque du Soleil, andofclosing Joeand Castillo, thespeaker world’s Joe Castillo, the world’s premier “SandStory” performer. premier “SandStory” performer.
selling the extraordinary selling the extraordinary 5
For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 270 220 170 120 70 20
199
Average Days On Market
34
40
Q2 2015
20
Q2 2016
Q2 2015
Average Sale Price $300,000
54
60
185
Sold Price Per SqFt
$ 288,906 $274,885
$270 $220 $170 $120 $70 $20
$250,000 $200,000 $150,000 Q2 2015
Q2 2016
Q2 2016
$170
Q2 2015
$175
Q2 2016
List Prices versus Sold Prices $350,000 $289,694 $283,522 $274,885
$301,191 $295,907 $288,906
Original List Price Final List Price
$250,000
Sold Price $150,000 Q2 2015 Q2 2016
featured properties |
13 Johnson Road Dan Ravenel
1505 Hurtes Island Drive Dan Ravenel & Daniel Ravenel, Jr.
west ashley
$5,900,000 5B 6.5b 8,260 SqFt
$1,495,000 4B 6.5+b 4,869 SqFt
selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 144
150 140
Average Days On Market 130
126
130
100
120 110 Q2 2015
0
Q2 2016
Q2 2015
Average Sale Price $1,000,000 $900,000
170
200
$978,325 $888,942
Q2 2016
Sold Price Per SqFt $500 $419
$452
$400
$800,000 $700,000
$300 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $1,181,537
$1,200,000 $1,100,000 $1,000,000 $900,000
$994,811 $952,454 $888,942
$1,027,677 $978,325
Original List Price Final List Price Sold Price
$800,000 $700,000 Q2 2015 Q2 2016
featured properties | downtown charleston
UNDER CONTRACT IN 5 DAYS!
281 East Bay Street Marcia Guthrie
71 Anson Street Dan Ravenel
SOLD FOR $655,000 1B 1b 1,140 SqFt
$5,500,000 5B 5.5b 6,919 SqFt
21 Wentworth Street Dan Ravenel
$2,175,000 4B 3.5b 3,965 SqFt
7 Rutledge Boulevard H. Middleton Rutledge
$1,649,000 3B 2.5b 2,930 SqFt
selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
Kiawah Island & Seabrook Island
Kiawah Island is a privately owned beach and golf resort located on a barrier island 15 miles south of Charleston, South Carolina. The island is lined with 10 miles of pristine beaches and approximately 10,000 acres of natural woodlands. Seabrook Island, wholly owned by its residents, is also a gated island which offers lush maritime forests, a top rate tennis facility, two championship golf courses and a full service equestrian center. Seabrook also offers one of the widest beaches on the East Coast.
Number of Sales 59
51
60
Average Days On Market 300
40
200
20
Q2 2015
0
Q2 2016
Q2 2015
Average Sale Price $500,000
193
100
0
$700,000
230
Sold Price Per SqFt
$562,100 $500,972
$285
$300
$300,000
$250
$100,000
$200 Q2 2015
Q2 2016
Q2 2016
Q2 2015
$265
Q2 2016
List Prices versus Sold Prices $1,000,000 $800,000 $600,000
$635,298 $601,092 $562,100
$400,000
Original List Price $540,776 $519,984 $500,973
$200,000 Q2 2015 Q2 2016
Final List Price Sold Price
featured properties | kiawah & seabrook
2628 Seabrook Island Rd Chasen McCall
$735,000 4B 3.5b 3,275 SqFt
3147 Marshgate Lane H. Middleton Rutledge
$6,500,000 4B 5.5b 6,483 SqFt
1161 Oyster Catcher Court Dan Ravenel
$4,000,000 6B 5.5b 6,572 SqFt
2731 Jenkins Point Road Lenora White & David Crump
$3,999,000 5B 4.5b 4,800 SqFt
selling the extraordinary
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.
Number of Sales 347
400
Average Days On Market
397 60 52
300
51
200 100 Q2 2015
40
Q2 2016
Q2 2015
Average Sale Price $600,000
Q2 2016
Sold Price Per SqFt $300
$ 515,711 $473,839
$223
$250
$400,000
$241
$200 $150
$200,000
$100 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $1,200,000
$1,099,575
$1,000,000
Original List Price
$800,000 $600,000 $400,000
$545,696 $490,292 $475,839 $532,505 $515,711
$200,000 Q2 2015 Q2 2016
Final List Price Sold Price
focus on: video
4915 Pointe Pleasant Lane Jack Huguley
Botany Bay Island Ruthie Ravenel
$2,750,000 5B 7+b 8,845 SqFt
$500,000 +/- 1 Acre
selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 16 16
Average Days On Market
15
14
14 13 Q2 2015
Q2 2016
$116 $100 $-‐ Q2 2015
Average Sale Price $1,360,000 $1,340,000
190
$200
$1,351,607
$1,329,125
Sold Price Per SqFt $600
$528
$500
$1,320,000
$400
$1,300,000
$300 Q2 2015
Q2 2016
Q2 2016
Q2 2015
$493
Q2 2016
List Prices versus Sold Prices $1,600,000 $1,464,483 $1,400,000
$1,398,313 $1,329,125
$1,511,643 $1,456,982
Original List Price Final List Price
$1,351,607
$1,200,000 Q2 2015 Q2 2016
Sold Price
featured property | sullivan’s island
UNDER CONTRACT IN 1 DAY!
2608 Ion Avenue Chasen McCall
$2,175,000 4B 3b 2,422 SqFt
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
Wild Dunes & Isle of Palms Market Facts
Originally known as Long Island, the Isle of Palms has properties from smaller condos to homes well over a million dollars. Originally developed in the early 20th century as a resort destination with a hotel, and built up mid century with numerous veterans dwellings, the Isle of Palms has blossomed into a full resort destination. The renowned Wild Dunes community situated at the north end of the island offers innumerable amenities including tennis, clubhouses, and a world renowned golf course right on the Intracoastal Waterway.
Number of Sales 95
92
Average Days On Market 175
200
91
161
100 85 Q2 2015
0
Q2 2016
Q2 2015
Average Sale Price $950,000 $900,000
Sold Price Per SqFt $450
$914,260
$400
$853,754
$850,000
$350
$800,000
$300 Q2 2015
Q2 2016
Q2 2016
$416 $368
Q2 2015
Q2 2016
List Prices versus Sold Prices $1,100,000 $1,000,000 $900,000
$923,186 $912,274 $853,754
$1,002,657 $971,664 $914,260
Original List Price Final List Price Sold Price
$800,000 $700,000 Q2 2015 Q2 2016
featured property | isle of palms
2401 Waterway Boulevard Jane Stoney Cook
$5,300,000 6B 7b 6,515 SqFt
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
THE MARKET IN DOWNTOWN CHARLESTON
z
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.
Number of Sales
257
40 36 35
200 35
Q2 2015
Q2 2016
Average Sale Price $1,750,000
178
180
30
$2,250,000
Average Days On Market
$1,947,767
$1,461,194
160 Q2 2015
Sold Price Per SqFt $700 $606 $600
$1,250,000 $750,000
Q2 2016
$557
$500 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $2,500,000 $2,000,000 $1,500,000
$1,653,972 $1,588,650 $1,461,194
$2,106,286 $2,055,100 $1,947,767
Original List Price Final List Price Sold Price
$1,000,000 Q2 2015 Q2 2016
featured listing | south of broad
excLusiVe aPPLe neWs PartnershiP
7 Rutledge Boulevard H. Middleton Rutledge
$1,649,000 3B 2.5b 2,930 SqFt
selling the extraordinary 5 For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 40
25
32
Average Days On Market 200
116
20
100
0 Q2 2015
0
Q2 2016
Average Sale Price $850,000
152
$717,793 $ 766,123
Q2 2015
Q2 2016
Sold Price Per SqFt $400
$372
$389
$650,000 $450,000 $250,000
$300 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $1,000,000 $800,000
$814,340 $768,500 $717,793
$841,813 $800,700 $766,123
Original List Price Final List Price
$600,000
Sold Price
$400,000 $200,000 Q2 2015 Q2 2016
DRSIR in the Community when you work with us, you are helping to support local organizations, foundations, outreach programs, and more Chamber Music Charleston Charleston Library Society Charleston Heritage Symposium Charleston International Film Festival College of Charleston Alumni Awards Gala Charleston Affair Charleston Classic Cougar Club Charleston Preservation Society Charleston Symphony Orchestra Endowment through Coastal Community Foundation Footlight Players Rotary Club of Charleston South Carolina Historical Society Spoleto Festival USA Scholarship through the Cougar Club Synagogue Emanuel World Affairs Council of Charleston Charleston World Heritage Coalition
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 8
10
8
Average Days On Market 274 200 103
5
100
0 Q2 2015
Average Sale Price $1,208,375
$1,300,000 $1,200,000 $1,100,000
0
Q2 2016
$1,039,550
Q2 2015
Sold Price Per SqFt $834
$900 $700
$1,000,000 $900,000
Q2 2016
$565
$500 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $1,700,000 $1,200,000
$1,287,350 $1,246,784 $1,142,863 $1,275,113 $1,039,550 $1,208,375
Original List Price Final List Price Sold Price
$700,000 $200,000 Q2 2015 Q2 2016
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales
Average Days On Market
8
8
200 7
105
7 6 Q2 2015
0
Q2 2016
Q2 2015
Average Sale Price $1,500,000
71
100
$1,119,286 $1,020,488
Sold Price Per SqFt $530 $500
$1,000,000
$400
$500,000
$300 Q2 2015
Q2 2016
Q2 2016
Q2 2015
$468
Q2 2016
List Prices versus Sold Prices $1,455,207
$1,500,000 $1,300,000 $1,100,000
$1,183,986 $1,167,000 $1,119,286
Original List Price $1,000,161 $964,094
$900,000 $700,000 $500,000 Q2 2015
Q2 2016
Final List Price Sold Price
featured properties | ansonborough
71 Anson Street Dan Ravenel
$5,500,000 5B 5.5b 6,919 SqFt
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales
Average Days On Market
11
11
200
9
113
9 100
7 5 Q2 2015
0
Q2 2016
Average Sale Price $650,000
127
$617,864 $502,289
Q2 2015
Sold Price Per SqFt $400 $315
$450,000
$300
$250,000
$200 Q2 2015
Q2 2016
Q2 2016
Q2 2015
$342
Q2 2016
List Prices versus Sold Prices $700,000 $600,000 $500,000
$524,878 $518,000 $502,289
$662,809 $635,045 $617,864
Original List Price Final List Price
$400,000
Sold Price
$300,000 $200,000 Q2 2015 Q2 2016
charleston in the news...
traVeL & Leisure - WOrLD’s Best city
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 15
Average Days On Market 100
12
10
37
50
5 Q2 2015
0
Q2 2016
Average Sale Price $550,000
71
10
$532,550 $462,358
$450,000
Q2 2015
Sold Price Per SqFt $400 $325 $300
$350,000 $250,000
Q2 2016
$275
$200 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $550,000 $500,000 $450,000
$480,242 $464,283 $462,358
$544,500 $537,490 $532,550 Original List Price Final List Price Sold Price
$400,000 $350,000 Q2 2015 Q2 2016
featured article
On Par For Perfection: The Luxury Golf Lifestyle
Charleston’s many charms are not lost on the millions of visitors that flock here, with history, dining and culture as well as world class beaches to be enjoyed year-round. But what about recreation, including water sports, tennis, biking and more? Golf has been one of the most popular outdoor activities in the area for many years, and with over 20 world-class courses in the immediate area, there are no shortage of amazing experiences for the connoisseurs of the links. Below are a few of our favorite Golf Communities and why we love sharing them with visitors from all over the world. Seabrook Island: One of the real sleepers in the Charleston Real Estate market, Seabrook Island offers a quiet and more peaceful alternative to Kiawah Island with two championship golf courses. Ocean Winds Golf Course, designed by Willard Byrd is a par 72 course that hugs the Atlantic Ocean where the swirling breezes challenge all abilities. Crooked Oaks Golf Course, designed by Robert Trent Jones, Sr., is a 6,780-yard, par 72 course that winds through marsh, maritime forests and moss-hung, century old live oaks. The island offers a wonderful pro shop, lessons and clinics, and hosts a number of tournaments each year. Living on Seabrook is a truly tranquil Lowcountry experience with numerous other amenities including equestrian facilities, and beach club with exclusive member priveleges. One of the most picturesque oceanfront dining rooms on the East Coast is available for seasonal dining experience. Residents enjoy walking and biking paths, fabulous beaches and pristine waterways with lovely natural landscpaes and views wherever you turn. A great benefit of Seabrook is the safety and privacy of a fully gated community with many full time residents. Briar’s Creek: A distinctive golf community tucked away on 900 acres of John’s Island most pristine waterfront property, Briar’s Creek is a private golfers retreat with unique member amenities and authentic one-of-a-kind appeal. The stunning Rees Jones designed golf course has the added benefit of having no tee times required!! This freedom is protected with exclusive small membership numbers as a commitment of the club to its valued patrons. The club house dining room and bar offers expansive wrap around views of Kiawah River and offers ultra-luxurious facilities including a pro shop and extravagant locker rooms. Briar’s Creek was South Carolina’s FIRST EVER Certified Silver Audubon Signature Sanctuary, and is home to American Bald Eagles, Wood Storks, White Ibis, and Blue Herons, just to name a few species on site. With specially designed maintenance facilities and course management strategies, as well as special water features and shelters, the course itself has become an incredible ecosystem for wildlife and is a model for natural preservation. This Master Planned community was laid out with nature in mind, and offers estate quality lots and large gracious homes with pools and private wooded drives to give owners the ultimate in comfort and seclusion. Located only 10 minutes from Seabrook and Kiawah, this retreat is truly a diamond in the rough. Daniel Island: Daniel Island has long been known as “Charleston’s Island Town” and offers a full resort lifestyle for golfers and non-golfers alike. Only 20 minutes from downtown, this beautiful island has been master planned with golf as a main attraction. With two celebrated courses winding through the marshes and tidal creeks of this retreat, the island will challenge and delight golfers. The Ralston Creek Course was designed by Rees Jones and offers stunning marsh views and challenging holes. The Tom Fazio designed Beresford Creek Course also winds along marshlands and offers incredible wooded vistas along the gorgeous fairways. Added amenities on Daniel Island abound, including tennis courts, entertaining spaces, and owners pools with cabana facilities. The luxury club house offers fine dining, ballroom, bocce lawns, and countless extras including locker rooms. Here at Daniel Ravenel Sotheby’s International Realty, we are the unmatched leaders in connecting the most discerning buyers and sellers of exceptional golf properties. If acres of picturesque greens, challenging fairways, and links lavished with adventure are your calling, allow us to help you find the perfect home that appeals to your specific needs. No other real estate firm offers truly global access into this specialized market segment, and by fine-tuning our skills and broadening our reach we better serve the needs of our worldwide clientele whose golf properties are among their most prized possessions. For the most in depth analysis and information, contact Daniel Ravenel Sotheby’s International Realty. Our professional local agents are experts in finding you the perfect home in beautiful Charleston, South Carolina.
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.
Number of Sales
Average Days On Market
24
25
20
20
55
60 40
23
20 15 Q2 2015
0
Q2 2016
Q2 2015
Average Sale Price $550,000 $450,000
Q2 2016
Sold Price Per SqFt $300
$462,968 $404,946
$253
$276
$350,000 $250,000
$200 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $800,000
$726,995
$700,000 $600,000 $500,000 $400,000
Original List Price $417,700 $410,408 $404,946
$474,795 $462,968
$300,000 $200,000 Q2 2015 Q2 2016
Final List Price Sold Price
featured ad - luxury home magazine
T H E E X T R AO R D I N A
1161 OYSTER CATCHER COURT | SEABROOK ISLAND DAN RAVENEL & RUTHIE RAVENEL | 843.343.5944
7 RUTLEDGE BOULEVARD | SOUTH OF BRO H. MIDDLETON RUTLEDGE | 843.345.913
T H E E X T R AO R D I N A RY The collaboration between realty and auction utilizes a combination of unique and exclusive marketing efforts that provide targeted exposure to a coveted and influential audience. In the global markets we serve, this distinguishes our brand in a meaningful way. 4915 POINTE PLEASANT LANE | STONO FERRY JACK HUGULEY | 843.224.7711
1161 OYSTER CATCHER COURT | SEABROOK ISLAND DAN RAVENEL & RUTHIE RAVENEL | 843.343.5944
2608 ION AVENUE | SULLIVAN’S ISLAND CHASEN MCCALL | 843.817.5788
7 RUTLEDGE BOULEVARD | SOUTH OF BROAD H. MIDDLETON RUTLEDGE | 843.345.9137
33 Broad Street, Charleston, SC 29401 843.508.0133 | danielravenelsir.com
33 Broad Street, Charleston, SC 29401 843.508.0133 | danielravenelsir.com
Each Office is Independently Owned and Operated.
Each Office is Independently Owned and Operated.
The collaboration between realty and auction utilizes a combination of unique and exclusive marketing efforts that provide targeted exposure to a coveted and influential audience. In the global markets we serve, this distinguishes our brand in a meaningful way. 4915 POINTE PLEASANT LANE | STONO FERRY JACK HUGULEY | 843.224.7711
2608 ION AVENUE | SULLIVAN’S ISLAND CHASEN MCCALL | 843.817.5788
33 Broad Street, Charleston, SC 29401 843.508.0133 | danielravenelsir.com
33 Broad Street, Charleston, SC 29401 843.508.0133 | danielravenelsir.com
Each Office is Independently Owned and Operated.
Each Office is Independently Owned and Operated.
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
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.
Number of Sales 4
4
4 2
Average Days On Market 200
162
100
0 Q2 2015
0
Q2 2016
Average Sale Price $1,750,000
150
$1,650,000
$1,250,000
Q2 2015
Sold Price Per SqFt $385
$400 $331
$740,875
$750,000 $250,000
Q2 2016
$300 Q2 2015
Q2 2016
Q2 2015
Q2 2016
List Prices versus Sold Prices $2,200,000 $1,700,000
$1,718,250 $1,717,250 $1,650,000
Original List Price Final List Price
$1,200,000
$806,000 $759,500 $740,875
$700,000 $200,000 Q2 2015
Q2 2016
Sold Price
quarter 2 signiďŹ cant sales
92 Tradd Street Selling Agent: Georgia Nettles
20 Murray Boulevard Marcia Guthrie
49 Society Street Casey Murphey
Carriage Properties $2,818,500
Disher, Hamrick & Myers $2,400,000
Daniel Ravenel SIR $2,325,000
14 Greenhill Street Ruthie Ravenel
Carriage Properties $2,750,000
14 Rutledge Avenue Casey Murphey
SP $2,325,000 3B 3.5b 3,556 SqFt
85 Church Street Georgia Nettles
Handsome Properties $1,424,000
selling the extraordinary For more information or to explore our collection of extraordinary properties in the Charleston area, visit DanielRavenelSIR.com
Marketing Charleston Worldwide
GolfPropertySIR.com
SothebysRealty.com
WaterfrontPropertySIR.com
HistoricPropertySIR.com
About Charleston, SC
FarmAndRanchSIR.com
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 | F: 843.723.7494 www.DanielRavenelSIR.com