Daniel Island Real Estate Activity Remains Active in November

December 4, 2014

Sales activity at Daniel Island Real Estate remained brisk in November, with 15 closed transactions totaling $8.6 million plus 13 pending and contingent sales. Among these was a waterfront home on Ralston Creek Street that will be the only home on the island to sell for more than $3 million so far this year! We added eight new listings during the month representing a diverse selection of new and resale homes, townhomes and homesites. For details on homes listed and sold by Daniel Island Real Estate last month, click here.

It’s the time of year when we look back to reflect on where the Daniel Island real estate market has been for the past 12 months, and where it appears to be headed. A preliminary analysis of 2014 sales at Daniel Island Real Estate reveals a 13% increase in the average price of a resale single-family home on the island, with homes selling for an average of $634,000 on the south end of the island, and for $1,204,000 on the north end in Daniel Island Park. Island-wide, properties are selling even more quickly than before and, on average, sellers are receiving 97% of their asking price.

All signs indicate that the Daniel Island Real Estate market will remain strong as we transition into 2015. If you are contemplating buying or selling island property, contact a Daniel Island Real Estate Sales Associate to learn more about our active market and how we can help!