Q1 2014 Market Update

MARKET UPDATEQ1 2014

THE MARKET IN DOWNTOWN CHARLESTON

18

26

10

20

30

Q1 2013 Q1 2014

Total Sales

$1,752,667

$1,729,246

$1,500,000

$1,750,000

$2,000,000

Q1 2013 Q1 2014

Average Sale Price

$499 $469

$200

$300

$400

$500

$600

Q1 2013 Q1 2014

Sold Price Per Sqft

335

172

402

209

100

200

300

400

500

Q1 2013 Q1 2014

Days On Market

Days on Market

Cumulative Days on Market

$2,044,333

$1,852,456 $1,881,278 $1,884,112

$1,752,667 $1,729,246

$1,500,000

$1,600,000

$1,700,000

$1,800,000

$1,900,000

$2,000,000

$2,100,000

Q1 2013 Q1 2014

List Prices versus Sold Prices

Original List Price

Final List Price

Sold Price

South of BroadMarket Facts

This area is defi ned 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 offi ces, 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.

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 earth-quake of 1886. Later, Italianate style alterations were made by both the Williman and Frost families. This handsome, approximately 8000 square foot home, provides plenty of charm and space that you immediately notice once you enter a long, light fi lled entrance hallway. A European style, eat-in kitchen sits directly behind the dining room and it provides a stainless steel, gas powered cooking appliance, wine cooler and a porcelain butcher’s sink. The master bedroom is located on the 2nd fl oor and has French doors that lead to a relaxing veranda that overlooks the garden.

25 Legare Street7BR/6+B | 8,000 SqFt

$3,650,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Algarve, Portugal5BR/6B

5,478 SqFt$3,452,562

PortugalSotheby’s International Realty

Poole, England2BR/2B

2,540 SqFt $3,336,678

United KingdomSotheby’s International Realty

West Bank North, Wyoming3BR/3.5B

4,389 SqFt $3,450,000Jackson Hole

Sotheby’s International Realty

4

11

5

0

5

10

15

Q1 2013 Q1 2014

Total Sales

$622,639

$595,300

$500,000

$550,000

$600,000

$650,000

Q1 2013 Q1 2014

Average Sale Price

$283

$317

$260

$280

$300

$320

Q1 2013 Q1 2014

Sold Price Per Sqft

102 127

209

127

50

150

250

Q1 2013 Q1 2014

Days On Market

Days on Market


$714,800

$657,560 $652,782 $617,000 $622,639

$595,300

$500,000

$700,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Harleston VillageMarket 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 neigh-borhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.

Sold in 10 Days!

Featured Property

Quintessential townhouse living! Centrally located in Harleston Place, this three bedroom, three bathroom home is a sun fi lled end unit with multiple exposures and peaks of the harbor, and an extremely functional fl oor plan for its size. The current owner has made many upgrades; in 2012 all new hardwood fl oors were installed on the second fl oor, travertine tile fl oors were put in all three bathrooms, French doors to the garden and a large window were installed in the sizable two car garage, and a pressure booster water pump was put in for strong water fl ow throughout the house. In 2013 two new HVAC units were installed; a gas line was piped in from Beaufain Street for one of the only gas stoves in Harleston Place plus a cozy gas fi replace in the living room. A top of the line Jenn-Air double door

refrigerator completed the kitchen with custom granite counters. 5 Harleston Place

3BR/3B | 1,774 SqFtSold For $612,500

Daniel Ravenel Sotheby’s International Realty


Selbyville, Delaware4BR/4B

2,424 SqFt$649,900

Ocean AtlanticSotheby’s International Realty

Lisboa, Portugal4BR/2.5B

2,690 SqFt $635,271Portugal


Quebec, Canada4BR/1.5B

3,131 SqFt $632,566

Sotheby’s International RealtyQuebec

6

4 5

0

5

10

Q1 2013 Q1 2014

Total Sales

$700,500

$1,078,000

$500,000

$750,000

$1,000,000

$1,250,000

Q1 2013 Q1 2014

Average Sale Price

$530

$605

$400

$450

$500

$550

$600

$650

Q1 2013 Q1 2014

Sold Price Per Sqft

205

552

205

612

100

300

500

700

Q1 2013 Q1 2014

Days On Market

Days on Market


$768,100

$1,223,800

$765,600

$1,187,800

$700,500

$1,078,000

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

French Quarter Market Facts

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

Under Contract

Featured Property

One Vendue Range Condominiums, located right on Charleston Harbor are considered by many to be the Top Con-do Residences in Charleston. They overlook Harbor Front Park with its views of the Cooper River. This 2 BR, 2.5 Bath, 2,583 sq. ft. residence is on the fi rst fl oor (above the parking level). You drive into your secured parking (two deeded spaces) and then take an elevator directly into your residence. From your private patio terrace, facing the harbor, you can sit and watch the array of maritime traffi c from huge cargo ships in the main shipping channel to the small sailboat regattas on the inner harbor, all as it passes directly in front of you. The beautiful live oaks provide shade in the park and, as they have grown over the years, the view from this level has become the best of the 3 living levels.

32 Prioleau Street, Unit M

2BR/2.5B | 2,583 SqFt$2,295,000



Lathouriza, Greece5BR/5.5B5,220 SqFt$2,693,370

Greece Sotheby’s International Realty

Austin, Texas5BR/5.5B

6,177 SqFt $2,450,000Capital City


Cumberland, Rhode Island3BR/5.5

6,063 SqFt $2,595,000

Gustave WhiteSotheby’s International Realty

8

4

6

0

5

10

Q1 2013 Q1 2014

Total Sales

$819,250

$696,250

$500,000

$750,000

$1,000,000

Q1 2013 Q1 2014

Average Sale Price

$355

$371

$300

$320

$340

$360

$380

Q1 2013 Q1 2014

Sold Price Per Sqft

103 112

301

134

50

150

250

350

Q1 2013 Q1 2014

Days On Market

Days on Market


$1,106,250

$690,667

$906,250

$674,000

$819,250

$696,250

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Ansonborough Market Facts

Ansonborough is defi ned 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 fi re of 1836, Ansonborough was the city’s fi rst suburb and boasts some impressive historic homes which have undergone extensive restorations thanks to the work of the Historic Charleston Foundation.

On the Market


10

Featured Property

The quintessential 19th century Ansonborough house, 32 Wentworth offers Greek Revival features, comfortable living spaces, and wonderful fl ow. With a classic feel and impeccable details, this home offers the true Ansonborough experience with two living rooms and a spacious master with dressing room and private porch. A wonderful feature of this home is a separate guest suite with private bath for your weekend guests. Two additional guest bedrooms with a shared bath occupy the 3rd fl oor and complete the elegant charm of this home. The well-manicured courtyard terrace and pool area are perfect for entertaining. Steps away, the cozy wood paneled library with wood burning fi replace has access to this exceptional outdoor space, allowing for year round enjoyment. Come visit this lovely

home today to experience the true charm of Ansonborough. 32 Wentworth Street4BR/3.5B | 3,330 SqFt


Naples, Florida3BR/3.5B

3,494 SqFt$1,875,000

PremierSotheby’s International Realty

Vilnius, Lithuania3BR/4B

3,573 SqFt $1,759,425

BalticSotheby’s International Realty

Manchester, Vermont5BR/5.5B

9,100 SqFt $1,850,000

Vermont Country PropertiesSotheby’s International Realty

12

3

0

5

10

15

Q1 2013 Q1 2014

Total Sales

$400,708

$186,333

$100,000

$200,000

$300,000

$400,000

$500,000

Q1 2013 Q1 2014

Average Sale Price

$274

$118

$50

$150

$250

$350

Q1 2013 Q1 2014

Sold Price Per Sqft

80

25

80

25

0

20

40

60

80

100

Q1 2013 Q1 2014

Days On Market

Days on Market


$450,667

$206,250

$439,125

$206,250

$400,708

$186,333

$50,000

$250,000

$450,000

$650,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Radcliffeborough Market Facts

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

12

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==== ===--

Listed by:Casey [email protected]: 843.200.2121office: 843.723.7150

A new small residential enclave, to be built on the Charleston peninsula, will overlook Alberta Long Lake and the Ashley River. Halsey Park wasconceived by Bennett Hofford Construction, a local building and development company, to create something historically inspired, yet totally uniquefor Charleston and perfectly suited for 21st century living.

Initially, 6 classically designed, fee simple rowhouses will be built using state-of-the-art Structurally Insulated Panel construction that provideshurricane strenth, well beyond code; plus, they are termite resistant, extremely energy efficient and environmentally green. There will also be 6build-to -suit lots offered as well.

These new residences will overlook a central garden-park designed by Sheila Wertimer with gas-lit paths, flowers, trees and landscape features tobe enjoyed from single or dual level rear porches or by foot.

Rowhouse features include:• 2 enclosed, private, secured parking spaces per residence • 2-3 bedroom units, initially priced from $1.4 to $1.474 million• Elevator access from parking to rooftop 2,204-2,380 sqft. Heated and cooled space• Rooftop Terraces with gas fireplaces plus 840-1,540 sqft of porches & rooftop terrace• Open floor plans and gourmet kitchens • Harbor views• Fee simple ownership • Rear level porches overlooking center garden-park

Halsey Park

A New Point of View...

Idea2_Layout 1 1/15/14 3:51 PM Page 1

2

3

0

5

Q1 2013 Q1 2014

Total Sales

$202,250

$186,333

$150,000

$170,000

$190,000

$210,000

Q1 2013 Q1 2014

Average Sale Price $221

$118

$50

$150

$250

Q1 2013 Q1 2014

Sold Price Per Sqft

569

25

683

25 0

200

400

600

800

Q1 2013 Q1 2014

Days On Market

Days on Market


$246,898

$206,250

$177,125

$206,250 $202,250

$186,333

$100,000

$150,000

$200,000

$250,000

$300,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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.

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14

18

16

10

15

20

Q1 2013 Q1 2014

Total Sales

$262,485

$310,219

$150,000

$200,000

$250,000

$300,000

$350,000

Q1 2013 Q1 2014

Average Sale Price

$176 $205

$50

$150

$250

Q1 2013 Q1 2014

Sold Price Per Sqft

87

52

99

55

0

50

100

150

Q1 2013 Q1 2014

Days On Market

Days on Market


$288,911 $328,431 $274,361

$320,644

$262,485 $310,219

$50,000

$250,000

$450,000

$650,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Wagener Terrace & Hampton ParkMarket Facts

Wagener Terrace is a suburban area with marsh views and numer-ous 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.

Recently Sold

Featured Property

Built just over one year ago, this home is in pristine condition and is still under the builder warranty. Gorgeous, top of the line fi nishes throughout the home (including 10’ ceilings, marble countertops, Thermador 6 burner gas range, 36” stainless Refrigerator, 2 piece crown molding, recessed lighting, wiring for security and surround sound - speakers included - and 5” white oak fl oors). This home has a lovely open fl oor plan and an abundance of windows to allow for an incredible amount of natural light throughout. There is a great fenced in backyard overlooking the marsh but you can also walk just down the street to the private community dock overlooking the Ashley River. Or, take a stroll

just a few blocks to Hampton Park, downtown’s largest (5 acre) park.

188 Mary Ellen Drive3BR/2.5B | 2,128 SqFt

Sold For $590,000Daniel Ravenel Sotheby’s International Realty


Cape Town, South Africa3BR/3B

Hangklip Mountain$600,000

Lew GeffenSotheby’s International Realty

Cabrera, Dominican Republic5BR/4.5B2,500 SqFt$599,000

Cabarete Dominican RepublicSotheby’s International Realty

Hiram, Maine4BR/2.5B5,683 SqFt$599,900

Legacy PropertiesSotheby’s International Realty

16

2

4

0

5

Q1 2013 Q1 2014

Total Sales

$520,000

$614,750

$500,000

$550,000

$600,000

$650,000

Q1 2013 Q1 2014

Average Sale Price

$229

$274

$200

$220

$240

$260

$280

Q1 2013 Q1 2014

Sold Price Per Sqft

279

58

279

103

50

150

250

350

Q1 2013 Q1 2014

Days On Market

Days on Market


$549,500

$699,750

$549,500

$663,250

$520,000

$614,750

$450,000

$650,000

$850,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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.

Under Contract

Featured Property

Victorian home with a Key West fl air overlooking a fountain and charming park. Within walking distance to Upper King Street restaurants, the Charleston museum, and library. The property is currently a single family home with two meters and an upstairs kitchen that could be a potential duplex. The main fl oor has a large living room with french doors that open onto the piazza; adjacent is a separate dining room with pocket doors, offi ce/den area with storage,

a full bath and renovated kitchen with top of the line appliances.

57 Chapel Streel4BR/3B | 2,460 SqFt

$749,000Daniel Ravenel Sotheby’s International Realty

Recently Sold At AuctionRecently Sold At Auction

A Magnifi cent Bordeaux Cellar II

Finest & Rarest WinesFeaturing the Collection of Ambassador

Ronald Weiser

ROMANEE CONTI 1996Sold for $72,680

18

Destination: Charleston

THE MARKET IN THE CHARLESTON AREA

83 73

25

45

65

85

Q1 2013 Q1 2014

Total Sales

$245,217

$285,828

$100,000

$175,000

$250,000

$325,000

Q1 2013 Q1 2014

Average Sale Price

$117

$134

$100

$110

$120

$130

$140

Q1 2013 Q1 2014

Sold Price Per Sqft

58 68 94

141

0

50

100

150

Q1 2013 Q1 2014

Days On Market

Days on Market


$256,658

$307,220

$250,985

$293,320

$245,217

$285,828

$200,000

$250,000

$300,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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 traditional-ly a planting community for early settlers of Charlestowne.

Featured Ad - Charleston Mercury, March 2014

22

An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated, Except Offices Owned and Operated By NRT Incorporated.

33 Broad StreetCharleston, SC 29401

843.723.7150DanielRavenelSIR.com

11 CHURCH STREET • SOUTH OF BROADC. 1790

6B/5+b | 6,000 sqft | $3,195,000 Offered by Beth McCrabb

25 LEGARE STREET • SOUTH OF BROADC. 1840

7B/6.5b | 8,000 sqft | $3,650,000 Offered by H. Middleton Rutledge

18 BROAD STREET, #602 • FRENCH QUARTERC. 1911

3B/3.5b | 2,869 sqft | $1,999,000 Offered by Diana Goff

61 TRADD STREET • SOUTH OF BROADC. 1731

5B/3b | 4,000 sqft | $1,533,500 Offered by H. Middleton Rutledge

429 WHILDEN STREET • OLD VILLAGEC. 1803

5B/4.5b | 4,205 sqft | $1,580,000Offered by Casey Murphey

9 LEGARE STREET • SOUTH OF BROADC. 1817

8B/7.5b | 7,412 sqft | $3,595,000Offered by Dan Ravenel

. . .onH istoricPropertySIR.com

E verything Old Is New Again. . .

april14_ex1_HalfPageMercury_10.625x10.5 3/31/14 3:05 PM Page 1

130

163

100

120

140

160

180

Q1 2013 Q1 2014

Total Sales

$272,717

$292,832

$100,000

$175,000

$250,000

$325,000

Q1 2013 Q1 2014

Average Sale Price

$138

$149

$130

$140

$150

Q1 2013 Q1 2014

Sold Price Per Sqft

89 72

117

96

50

100

150

Q1 2013 Q1 2014

Days On Market

Days on Market


$302,593 $306,418 $288,243

$303,669

$272,717 $292,832

$150,000

$200,000

$250,000

$300,000

$350,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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 explor-ing James Island, one will fi nd numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

On the Market

Featured Property

Handsome, beautifully maintained brick 4-bedroom home with top-of-the-line finishes and woodwork. The views, large screened porch, patio, and in-ground pool make you feel like you’re in the country rather than 10 minutes from downtown. The pool entry is through a handsomely gated stucco fence. This private lot is enhanced and buff-ered from the neighbors by carefully planted, spanish moss-filled trees. The master bedroom is on the main floor. The kitchen, with center island and double ovens, opens onto the breakfast room eating area and then to the family room, all with beautiful views of the lake. Family room fireplace has gas logs, but can be converted to wood-burning. Living room fireplace is for gas logs. One bedroom, with multiple closets, has a closet so large that it is being used as

a sewing room; it would make a very nice office also.

689 Lake Frances Drive4BR/3.5B | 3,260 SqFt



Denver, Colorado2BR/2.5B2,101 SqFt$850,000

FullerSotheby’s International Realty

Shrewsbury, Vermont4BR/4.5B

4,500 SqFt | 21 acres $750,000

Vermont Country PropertiesSotheby’s International Realty

Paris, France1BR/1B473 SqFt

$802,175Paris Rive Droite


24

110 93

25

75

125

Q1 2013 Q1 2014

Total Sales

$210,521

$225,868

$125,000

$200,000

$275,000

Q1 2013 Q1 2014

Average Sale Price

$121

$144

$100

$120

$140

$160

Q1 2013 Q1 2014

Sold Price Per Sqft

81 87 97 101

0

50

100

150

Q1 2013 Q1 2014

Days On Market

Days on Market


$235,616

$271,864

$220,511 $234,626

$210,521 $225,868

$150,000

$200,000

$250,000

$300,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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.

26

On the Market

Featured Property

Handsome brick Ashley Harbor light-fi lled home with elegant marble fl oor and 15-ft ceilings in the entrance hall. The 15-ft ceiling continues in the living room and dining room; beautiful woodwork and wrought iron, in-ground

swimming pool, fenced-in back yard, large eat-in kitchen, sauna, powder room, wet bar in family room, gas fi replace in family room, plantation shutters, 4-zone HVAC, Sentricon termite baiting system, extensive storage, attached

2-car garage, walk-up attic over garage could be fi nished for additional sq footage. The master bedroom, with gas fi replace, is on the main fl oor. There are 3 additional bedrooms and 2 full baths on the upper fl oors. The 5th bed-room, currently being used as an offi ce, and 4th full bath are on the main fl oor. Neighborhood boat landing and

dock. Ashley Harbor is a gated community, with gracious oaks and mature vegetation.2000 Indian Mound Trail5BR/4.5B | 4,110 SqFt



Natchez, Mississippi5BR/4.5B

5,462 SqFt$750,000

Dorian BennettSotheby’s International Realty

Parna, Estonia5BR/2.5B2,798 SqFt$661,602

BalticSotheby’s International Realty

Loule, Portugal3BR/2B796 SqFt$732,044Portugal


81 81

50

60

70

80

90

Q1 2013 Q1 2014

Total Sales

$733,212

$854,611

$300,000

$550,000

$800,000

$1,050,000

Q1 2013 Q1 2014

Average Sale Price

$351 $353

$200

$250

$300

$350

$400

Q1 2013 Q1 2014

Sold Price Per Sqft

207 177

257

208

100

150

200

250

300

Q1 2013 Q1 2014

Days On Market

Days on Market


$849,023

$917,319

$788,240

$913,196

$733,212

$854,611

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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 magnif-icent parks such as White Point Gardens attract visitors from all over the world.

On the Market

Featured Property

The Harth-Macbeth House sits on a high corner lot on prestigious Lower Legare Street. This historically import-ant South of Broad Mansion represents a wonderful opportunity to own a piece of history. With spacious formal

rooms, a large and bright eat in kitchen and living area, and magnificent porches overlooking mature gardens, this home embodies the true South of Broad lifestyle. The home is showered by magnificent light from all sides

through the lovely 9 over 9 windows. Ornate historic mantles and lovely moldings adorn many of the main rooms of the home. A large Charleston garden behind wrought iron gates invites the occasional pedestrian to peek

through vegetation and behold the stunning double porches and bright camellias and flowering plants. 9 Legare Street

8BR/7.5B | 7,412 SqFt$3,595,000



Greenwich, Connecticut7BR/6.5B6,785 SqFt$3,995,000

Sotheby’s International RealtyGreenwich Brokerage

Abbotsford, British Columbia9BR/8B

44,340 SqFt $3,969,022

Sotheby’s International RealtyCanada

Santa Fe, New Mexico7BR/5+B8,500 SqFt

$3,975,000Sotheby’s International Realty

Santa Fe Brokerage

28

218 216

100

150

200

250

Q1 2013 Q1 2014

Total Sales

$457,177

$472,497

$300,000

$550,000

Q1 2013 Q1 2014

Average Sale Price

$191 $203

$100

$150

$200

$250

Q1 2013 Q1 2014

Sold Price Per Sqft

81 77

100 99

50

100

150

Q1 2013 Q1 2014

Days On Market

Days on Market


$493,739 $490,338 $485,623 $485,171

$457,177

$472,497

$400,000

$450,000

$500,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

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.

Under Contract

Featured Property

Located a block from the Old Pitt Street Bridge where the best way of life can be experienced daily from the front porch. This beautiful custom 3 bedroom home is full of light and charm. The gourmet kitchen with a wood burning fireplace is flanked by French doors leading to the backyard. Having gracious space to dine and relax, this hub of the house also has a handsome study and huge pantry/mudroom off of it. This multi-purpose room with additional sink and abundant storage leads to a side entrance porch and handsome car port. Upstairs the large

20x24 Master bedroom has a gas fireplace and sitting area. Read by the fireplace or indulge in the en suite bath-room’s light filled garden tub. Two bedrooms across the hall share a bathroom. This elevated house with Charles-

ton brick foundations not only allows for the sea breezes but gives you ample storage underneath. 948 Pitt Street

3BR/2.5B | 3,112 SqFt$1,325,000



Turtle Cove, Turks and Caicos1BR/1.5B1,500 SqFt$2,000,000

Turks and CaicosSotheby’s International Realty

Rhone-Alpes, France6BR/2+B

4,306 SqFt $1,498,433

Perle du Lac Sotheby’s International Realty

Ibiza, Spain3BR/4.5B2,723 SqFt

$1,498,433Ibiza Sotheby’s

International Realty

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9

7

5

6

7

8

9

10

Q1 2013 Q1 2014

Total Sales

$1,470,035

$1,696,675

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

Q1 2013 Q1 2014

Average Sale Price

$472

$462

$440

$460

$480

Q1 2013 Q1 2014

Sold Price Per Sqft

172 191

266

348

100

200

300

400

Q1 2013 Q1 2014

Days On Market

Days on Market


$1,728,222 $1,802,246

$1,562,200

$1,785,104

$1,470,035

$1,696,675

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

$2,000,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Sullivans IslandMarket 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.

On the Market

Featured Property

This front beach Sullivan’s Island home is truly unique! From its stunning entrance to the soaring, panoramic win-dows of the great room, the meticulous design and construction create an environment that is stylish, inviting,

expansive and livable. With extra large rooms throughout, the home features three (3) “master” suites, a “guest suite” with two bedrooms and a separate bath, separate living and dining rooms, a den, and two rooms on the “mezzanine”, overlooking the great room, that could be used as a sitting area, offi ce, hobby area, children’s play

area, etc. There are three gas fi re places, including a double fi replace in the great room and large fi replaces in the living room and in one of the master bedrooms. The gourmet kitchen is equipped with top of the line appliances

and solid stone surfaces.

2701 Bayonne Street5BR/4+B | 6,013 SqFt



Sandy Springs, Georgia 5BR/6.5B9,364 SqFt$3,900,000

Atlanta Fine HomesSotheby’s International Realty

Mount Crested Butte, Colorado10BR/10+B 11,500 SqFt $3,795,000

Benson Sotheby’s International Realty

Moraira, Spain3BR/3.5B3,121 SqFt

$3,798,343Costa Blanca


32

45 42

0

25

50

Q1 2013 Q1 2014

Total Sales

$761,156

$832,305

$600,000

$675,000

$750,000

$825,000

$900,000

Q1 2013 Q1 2014

Average Sale Price

$358

$369

$340

$360

$380

Q1 2013 Q1 2014

Sold Price Per Sqft

252

139

290

172

100

150

200

250

300

Q1 2013 Q1 2014

Days On Market

Days on Market


$915,153 $955,829

$825,933

$909,350

$761,156

$832,305

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

Q1 2013 Q1 2014


Original List Price

Final List Price

Sold Price

Isle of Palms &Wild DunesMarket Facts

Isle of Palms is an enchanting beach community with grand man-sion-style, luxury dwellings. Homes on this island range from 5 to 8 or more bedrooms and average 5,000 to 7,000 square feet. Many of the island retreats for sale here sit on an average of 1 to 1.5 acres of land and sclaim their brilliance through subtle colors and grand structure.

Under Contract

Featured Property

onderful family home with open floor plan and beautiful natural light on Waterway Island in Wild Dunes. The expan-sive views of the marsh and Intracoastal Waterway create a peaceful setting to enjoy nature from both the inside of this The master bedroom and guest bedroom are on the main floor. The remaining three bedrooms are on the second level. With the open floor plan and views, it’s an ideal floor plan for entertaining. The large lot, which is sep-arated from the marsh by a seawall, may be perfect for adding a pool or additional outdoor entertainment areas. Wild Dunes living offers swim/social, tennis, and golf memberships. The close proximity to the IOP Marina and ocean

allow you to have access to boating and the beach.

24 Waterway Island Drive5BR/4B | 4,726 SqFt



Big Bear City, California4BR/3.5B4,014 SqFt$1,125,000

Wheeler SteffenSotheby’s International Realty

Sun Peaks, British Columbia5BR/5B

3,612 SqFt $1,062,829

Sotheby’s International RealtyCanada

Punta Fuego, Phillipines7BR/6.5B6,135 SqFt

$1,119,049Phillipine


34

Marketing Charleston Worldwide

GolfPropertySIR.com SothebysRealty.com

HistoricPropertySIR.com About Charleston, SC

WaterfrontPropertySIR.com

33 Broad StreetCharleston, SC 29401

O: 843.723.7150 | 843.723.7494

Daniel Ravenel Sotheby’s International Realty33 Broad Street

Charleston, SC 29401O: 843.723.7150 | 843.723.7494

www.DanielRavenelSIR.com

Q1 2014 Market Update

Documents

Transcript of Q1 2014 Market Update