Another Record Year for Daniel Island Real Estate

February 3, 2016

What a year for real estate in Charleston and on Daniel Island! The Charleston Trident Association of Realtors (CTAR) reported a 13% increase in Charleston area sales – a number mirrored on Daniel Island, where single-family home sales were also up 13% in 2015. In fact, it was another one for the records at Daniel Island Real Estate, marking our best year since 2008 and the market’s “big dip.”

  • Home prices on Daniel Island have steadily been increasing over the last few years. In 2015, the average sales price of a single-family home sold by Daniel Island Real Estate was $747,000, an increase of $100k compared to 2014.
  • This is also reflected in our year-end totals. We closed 217 properties for more than $161 million last year. The previous year we sold the exact same number of properties but for $20 million less in sales volume.
  • Looking at the year by property type, we sold 137 homes, 38 homesites, 26 condos and 16 townhomes.
  • Lastly, the average resale price through Daniel Island Real Estate almost reached $1 million.

With national interest in Charleston real estate on the rise (check out this article), we predict continued interest and activity in the Daniel Island real estate market in the year ahead. Our sales associates represent 9 of the top ten agents on Daniel Island for both listing and selling properties. If you’re thinking about buying or selling your Daniel Island home, we’re the most qualified team to help you.