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Charleston SC Real Estate Blog

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Adventure Harbor Tours - What Charleston Visitors AND Locals Are Doing

Wednesday, February 1st, 2012 at 8:18am. 64 Views, 0 Comments.

If you've lived in Charleston for long, you know that Morris Island is just another great Charleston experience.  This island is inaccessible by car, so you'll either have to take a boat to get there, or parachute out of a plane.  If parachuting isn't for you, then let me suggest Adventure Harbor Tours.

This is a good friend of mine's local business where he takes folks, families, you name it- to Morris Island which is located near Ft. Sumter and on the Charleston Harbor.  This is an exclusive stretch of beach that is mostly very quiet, and if you get there in the morning- you'll get first pick of all the shells.

What makes this adventure so intriguing are the explorations that Howard creates.  Howard has lived here all of his life, so he'll be able to take…

More Great Charleston Real Estate Statistics for the Past Few Years

Wednesday, January 18th, 2012 at 9:44am. 124 Views, 1 Comments.

Here is the Statistical Summary for 2011 MLS Tri-County Residential data.  The Tri-County report shows that the number of Closed Homes (8,953) increased 5.3% in 2011 compared to 2010, and increased by 11.7% compared to 2009.  At the same time, New Listings Taken has decreased by 16.3% over 2010. 

The Median Sales Price dropped from $189,215 in 2010, to the 2011 level of $183,000, or a 3.3% decrease.  The Median Sales Price, just 10 years ago in 2002, was $156,000 or a 17% increase in that time period.

I am also attaching the Housing Appreciation Supply & Demand for the past 10 years, which shows the number of New Listings Taken for each year as compared to the number of Homes Closed each year.  The graph shows, visually, when area real estate was a Buyer's…

Recent Sales in The Charleston Real Estate Market Are Up

Thursday, January 12th, 2012 at 11:34am. 119 Views, 0 Comments.

Charleston Home Sales Up in Last 4 of 5 Months

Homes sales have increased vs last year in the latest Charleston statistical data.  This is great news for homeowners as this obviously means more buyer activity.  Not only that, but the existing number of active homes on the market have decreased once again- making for an even more healthy overall real estate market in Charleston.

The results could potentially be even better.  Don't forget that the Home Buyers Tax Credit expired last year in June, making for an abnormally high amount of sales for those number of months in 2010.

Number of active homes on the market are down (great), number of buyers purchasing in Charleston are up (great), but also keep an eye on home values.  I'm seeing some pockets in…

Mount Pleasant Neighborhoods - What Are The Most Popular?

Tuesday, January 10th, 2012 at 12:25pm. 125 Views, 5 Comments.

A Few Popular Mt. Pleasant Neighborhoods

I'On, a Mount Pleasant CommunityMount Pleasant continues to be one of the most popular areas surrounding Charleston. First of all, the location is ideal, bordering Downtown Historic Charleston, as well as Isle of Palms and Sullivans Island beaches. Second, it is one of the newly expanded areas surrounding Charleston that has seen much growth since the 90's. Most of the neighborhoods are planned communities with intelligent design, parks, golf courses, swimming pools, tennis, and plenty of other amenities. A few of the neighborhoods in Mount Pleasant even have their own schools and gyms. I'd like to expand on some of the more popular neighborhoods that a lot of buyers are enjoying:

Park West - This is the largest neighborhood in Mt. Pleasant. It is a…

Early American Furnishings - Reclaimed Lumber to a Hope Chest - Lee Tigner

Wednesday, December 28th, 2011 at 11:08am. 154 Views, 2 Comments.

A True Craftsman in the Spotlight

A good friend of mine Lee Tigner, owner of Early American Furnishings, sent me a video about a woodworking contest he had recently entered.  This was for the 2011 Furniture Design Company furniture contest, in its 18th year.  He did not win; however, he received an honorable mention.  He is originally from Charleston, SC, and now resides in Dawsonville, Georgia, outside of Atlanta.  It amazes me what he is able to create using reclaimed old growth lumber, with the result being hand-made home furnishings.  I feel the work he is doing is a true trade that has long been forgotton.  I had to share with you folks.  This is true craftsmanship at its finest.

 

Sinker Cypress Hope Chest from Lee Tigner on Vimeo.

 

This is Lee's…

1183 Fort Lamar Rd. - James Island - New on Market!

Thursday, December 1st, 2011 at 2:47pm. 190 Views, 2 Comments.

Just Listed! - 1183 Fort Lamar Rd - James Island

1183 Fort Lamar We just listed this wonderful waterfront home on James Island.  A close drive to downtown Charleston and Folly Beach, this is your quiet getaway down a quiet street and having over 2 acres.

The home is located on secessionville creek with a private dock and boat lift. It is a 4 bedroom, 3 bath home that has all the luxury you are looking for in a home at this price. A custom kitchen that is great for the cook in the family, and it opens up to the great room perfect for entertaining. There is a large screened porch that looks over the pool and water/marsh. As soon as you walk in the front door you will feel right at home. The master bedroom has panoramic views with a sitting area and fireplace and…

Charleston, SC wins Conde Nast Traveler's Top US City

Tuesday, November 29th, 2011 at 9:03am. 150 Views, 0 Comments.

Charleston Named 'Top US City'

Charleston, SC was named the 2011 'Top US City' by readers of Conde Nast Traveler Magazine recently.  Charleston came in at #2 last year.

The award was presented Monday evening at the magazine's Reader's Choice Awards in New York with Charleston native and comedian Stephen Colbert awarding the honor to local tourism officials.

Colbert said Charleston is the most beautiful city he has ever seen and joked that, as a child, he picked up pocket change pointing out the house in Charleston where Rhett Butler grew up.

Charleston has been on the magazine's Top 10 list since 1993.

Charleston Real Estate Statistics: '09 vs '10 vs '11

Tuesday, November 8th, 2011 at 9:34am. 193 Views, 0 Comments.

Here is a snapshot of the Charleston real estate statistics for Charleston County.  These stats compare the years 2009, 2010, and 2011.

Please note that the listings taken are down.  This is great news, since we want the extraordinary high number of active homes on the market to come down.  In any healthy real estate market, we want the active listing inventory to be around 6 months.  This means that if no other new homes came on the market- it would take 6 months to sell the active homes at the current rate they are selling.  Thus, these results show that we are trending in the right direction.

Also note that while the average sales price is again down, the number of closings are up.  In other words, activity is up.

Charleston stats vs previous years 

Charleston Real Estate Market Update

Tuesday, October 18th, 2011 at 7:41am. 157 Views, 0 Comments.

Random Thoughts and Statistics for this Charleston Real Estate Market

Here are some statistics for you regarding the different areas surrounding Charleston.  Remember- every market is different, and every market in each area surrounding Charleston is also different.

Random stats from last week:

  • 165 residential properties under contract past wk. Great buying activity for time of year. But prices continue to fall (like the rest of the real estate markets around the country).
  • 136 single family homes under contract past wk. Median LIST price $180k(low), $94/sqft. 25 under $100k. 7 over $1M.
  • 37(27%) of 136 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 17 island single family homes under contract past wk:…

Absolute Auction October 1st in Summerville, SC!

Wednesday, September 21st, 2011 at 8:53am. 350 Views, 3 Comments.

Absolute Auction October 1st in Summerville, SC

SATURDAY, OCTOBER 1st @ 11:00 a.m.  -  SOLD!

116 Chalmers, Summerville, SC ~Great Starter Home.

Got lots of potential on this partially renovated ranch on quiet cul-de-sac.

This home WILL SELL TO THE HIGHEST BIDDER!  If it's $12,000, then it's $12,000.

 

116 Chalmers, Summerville AuctionPROPERTY DESCRIPTION: Great opportunity on this starter brick ranch on a quiet cul-de-sac! In the Dorchester School district this home offers 3 bedrooms and 2 baths with ceramic tile, custom cabinets, side by side, smooth top range, microwave, oven range and dishwasher. There are lots of ceiling fans and new vanities. It’s actually move in ready or put your personal touches on this great rental property. Either way, don’t miss out on this great buying opportunity!

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