Tides IV Broker Newsletter · April 2016

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Rising Tides IV! Rising Tides The Official Realtor Newsletter For Tides IV Luxury Condominiums In Mount Pleasant · April 2016

IV

INSIDE • 2016 Starts Hot • Back On The Market! • Tides IV Fast Facts • We’re Here For You


2016 IS OFF TO A HOT START We can now confidently say that the luxury condo market in Charleston has fully recovered! The first quarter of 2016 is off to its hottest start in many years. So far, eighteen residences have closed. Comparatively, 2014 had fourteen and 2015 had eight through the first quarter. With the 2016 average closed price of $1,006,500, these buyers are clearly looking

FA S T FA C T S WITHIN THE TIDES*

Residents Sold In Tides Since 2013

122

Residents Sold By East West Partners

78

Sold By East West Partners In Tides IV

28

Percentage Of Buyers Working With Brokers 80 33

Percentage Of Broker Tours Ending In Sales Average Price Of Current Contingents

943K

$

Percentage Of Sales From Charleston

for the best property and not just the cheapest price. Tides IV now has 28 residences under contract or sold and we are anticipating stronger demand when the building opens in a few weeks. The vast majority of Tides IV buyers are local and looking to downsize and make a lifestyle change.

71

Percentage Of Area Buyers From Mt. Pleasant 75 Percentage Of Tides IV Primary Residents

75

*Source: Charleston MLS March 29, 2016

10 %

20 %

TIDES IV IS NOW 52% SOLD!

30 %

40 %


Tides IV Is Back On The Market! Tides IV is now offering eleven never before listed residences ranging from $645,000 to $1,950,000. Four of these residences have already been put

under contract, leaving seven available in this current property release. This also marks the first time PENTHOUSES have been made available. As building

completion nears, this will be one of the LAST OPPORTUNITIES for buyers to take advantage of our pre-completion pricing and incentives.

C O N ST R U C T I O N U P D AT E The windows are installed, the building is dried in and drywall is going up. Kitchen cabinets

F E AT U R E S B U Y E R S F I N D AT T R A C T I V E ABOUT TIDES IV (TO HELP UNCOVER THE NEXT BUYER)

• A Social Community

are being installed in the first floor residences and the Owners’ Retreat is on track to open in late April. We are also excited to announce we will have a twobedroom fully furnished model opening in May. Owner closings are scheduled to start in July.

• Waterfront Location • Easy Access To Downtown Charleston • High Quality Construction And Finishes • Security • Maintenance-Free Living • Ample Parking

50 %

60 %

70 %

80 %

90 %


SITE TOURS NOW AVAILABLE! While our drone views are a great tool for pre-construction buyers, there’s nothing like seeing the beautiful views first hand! If you have any clients wishing to tour the building, please call us ahead of time to schedule and required clothing.

Our Sales Center Is Here For You

Located just off the east end of the Ravenel Bridge

Bringing clients to the sales model

plans, and more. We’re located in

is the best way to demonstrate the

Tides III, unit 312. For access, call

product and opportunities available.

when you arrive. Our team will greet

Buyers can see the design and touch

you at the entry, which is the far left

the finishes reflective of Tides IV.

door flanked by two large teal planting

We’ll also show you how to access the

urns. While you’re here, we’ll treat

Realtor-only portion of our website,

you to a cup of coffee, espresso, or

where you can download professional

latte. Just call 843 388 4681 for an

sales materials, renderings, floor

appointment.

These luxury harbor front condominiums are to be completed in 2016

For details on the property, visit us at www.TidesIV.com

Access the Broker Portal by contacting us at 843 388 4681

DEVELOPER

I N F O R M AT I O N

East West Partners-Charleston

www.TidesIV.com

SALES

SALES OFFICE ADDRESS

Mac Triplett at Mac@TidesIV.com Graham Worsham at Graham@TidesIV.com

IV

312 Cooper River Drive Mount Pleasant, SC 29464


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