Charleston Area Market Update

Market UpdateQ2 2014

z

the Market in downtown Charleston

31 36

10

20

30

40

Q2 2013 Q2 2014

Total Sales

$1,515,680

$1,776,998

$1,250,000

$1,500,000

$1,750,000

$2,000,000

Q2 2013 Q2 2014

Average Sale Price

$483

$549

$300

$400

$500

$600

Q2 2013 Q2 2014

Sold Price Per Sqft

185

84

224

104

50

100

150

200

250

Q2 2013 Q2 2014

Days On Market

Days on Market

Cumulative Days on Market

$1,830,318

$1,891,122

$1,657,561

$1,854,536

$1,515,680

$1,776,998

$1,500,000

$1,600,000

$1,700,000

$1,800,000

$1,900,000

$2,000,000

Q2 2013 Q2 2014

List Prices versus Sold Prices

Original List Price

Final List Price

Sold Price

South of BroadMarket Facts

This area is defined 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 in-cluding banks and real estate offices, 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

Built in 1810 by master carpenter Samuel Edward Axson, this traditional Charleston single features a flexible floor plan with high ceilings and beautiful woodwork throughout. This outstanding house sits on a double lot with side porch overlooking a magnificent Loutrel Briggs garden featuring a fountain, formal section, covered patio and green space. Additional features include a cypress paneled library,

double staircases, tons of natural light, and an abundance of off-street parking.

4 Greenhill Street4BR/3+B | 4,235 SqFt

$2,750,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Nantucket, Massachusetts4BR/3.5B

2,612 SqFt$2,975,000

Maury PeopleSotheby’s International Realty

Los Angeles, California5BR/3B

3,080 SqFt $2,795,000

Sotheby’s International RealtyBeverly Hills Brokerage

Ile-De-France, France4BR/2B

1,905 SqFt $2,792,535Paris Oest

Sotheby’s International Realty

4

19

27

10

15

20

25

30

Q2 2013 Q2 2014

Total Sales

$669,224 $648,380

$550,000

$600,000

$650,000

$700,000

Q2 2013 Q2 2014

Average Sale Price

$318 $313

$290

$310

$330

$350

Q2 2013 Q2 2014

Sold Price Per Sqft

167

122

191 192

50

150

250

Q2 2013 Q2 2014

Days On Market

Days on Market


$743,584

$667,478

$707,721 $680,780

$669,224 $648,380

$500,000

$600,000

$700,000

$800,000

Q2 2013 Q2 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.

On the Market

Featured Property

165 Queen Street is a classic ante-bellum “Charleston Side-hall” style home. Located in historic Harleston Village, it was built c.1850, just two short blocks east of Colonial Lake. The 3-story main house retains much of its original plaster walls and detailing as well as its original fireplaces and mantels. There are double pocket doors that are still functional between what would have been a gracious double parlor with 12’ft. plus ceilings. If you want a large Single Family home you can easily put this house back into its original configuration: a 3 story, 4 to 6 BR house with a rear kitchen house to use for guests or to rent out for additional income. In the rear of the property is also a 2 story attached Kitchen house with powder room, Kitchen and LR on the 1st floor and 2 BRS, a full bath and a rear deck on the 2nd floor. At the rear of the property there is a 2 car garage; plus, 3 parking places outside the garage. The

property has some wonderful details and is a great opportunity to update a ante-bellum home.165 Queen Street

7BR/4+B | 4,414 SqFt$950,000

Daniel Ravenel Sotheby’s International Realty


Houston, Texas5BR/4+B5,804 SqFt$1,000,000

Martha TurnerSotheby’s International Realty

Pelham, New York4BR/3.5B

2,783 SqFt $925,000McClellan


Miami, Florida4BR/3.5B

2,871 SqFt $950,000

ONESotheby’s International Realty

6

9

13

5

10

15

Q2 2013 Q2 2014

Total Sales

$916,278

$1,044,115

$500,000

$750,000

$1,000,000

$1,250,000

Q2 2013 Q2 2014

Average Sale Price

$526 $556

$400

$450

$500

$550

$600

Q2 2013 Q2 2014

Sold Price Per Sqft

497

232

497

256

100

200

300

400

500

600

Q2 2013 Q2 2014

Days On Market

Days on Market


$1,134,978 $1,157,885

$960,711

$1,098,146

$916,278

$1,044,115

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

Q2 2013 Q2 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.

On the Market

Featured Property

The Robert Dorrill House was built c.1814 within the Walled City. It has been impeccably maintained and is in move-in condition. Large scaled rooms, high ceilings, tall windows and 6 fireplaces are included in this property. The first floor includes a Living room with fireplace, Library with fireplace, separate Dining and granite top kitchen. The kitchen French doors spill out into a lush walled garden while enjoying alfresco dining and grilling under the rose covered pergola. The second floor drawing room has original Adamesque wood work and fireplace. This is adja-cent to the master bedroom sanctuary with master bath, sitting room and walk-in closet. The third floor has two guest rooms that overlook glorious views of church steeples and old tile rooftops. Tucked away at the rear of the

garden is a one bedroom guest house, perfect for grown children, office, or mother-in-law suite. 25 State Street

5BR/4.5B | 4,482 SqFt$2,200,000



West Bank North, Wyoming4BR/3.5B4,756 SqFt$2,195,000

Jackson Hole Sotheby’s International Realty

New Castle, Delaware6BR/6.5B

8,000 SqFt $2,450,000

Brandywine Fine PropertiesSotheby’s International Realty

Canelones, Uruguay12BR/5+B4,306 SqFt $2,200,000

Bado & PerazzoSotheby’s International Realty

8

8 8

0

5

10

Q2 2013 Q2 2014

Total Sales

$1,068,625

$969,488

$750,000

$1,000,000

$1,250,000

Q2 2013 Q2 2014

Average Sale Price

$410

$442

$380

$400

$420

$440

$460

Q2 2013 Q2 2014

Sold Price Per Sqft

109

164 197 188

75

175

275

Q2 2013 Q2 2014

Days On Market

Days on Market

Cumula;ve Days on Market

$1,172,125

$1,064,225

$1,122,750

$1,022,225 $1,068,625

$969,488

$750,000

$950,000

$1,150,000

$1,350,000

Q2 2013 Q2 2014


Original List Price

Final List Price

Sold Price

Ansonborough Market Facts

Ansonborough is defined 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 fire of 1836, Ansonborough was the city’s first 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 flow. 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 floor 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 fireplace 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

15 13

0

5

10

15

20

Q2 2013 Q2 2014

Total Sales

$522,927 $452,492

$200,000

$300,000

$400,000

$500,000

$600,000

Q2 2013 Q2 2014

Average Sale Price

$300 $338

$100

$200

$300

$400

Q2 2013 Q2 2014

Sold Price Per Sqft

91 84 110

91

0

50

100

150

Q2 2013 Q2 2014

Days On Market

Days on Market


$546,952

$402,608

$546,085

$467,262 $522,927

$452,492

$250,000

$350,000

$450,000

$550,000

$650,000

Q2 2013 Q2 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

Featured Ad - Charleston Mercury, April 2014

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

6 6

0

5

10

Q2 2013 Q2 2014

Total Sales

$360,250 $384,417

$200,000

$300,000

$400,000

Q2 2013 Q2 2014

Average Sale Price

$198 $247

$50

$150

$250

$350

Q2 2013 Q2 2014

Sold Price Per Sqft

260

101

266

101

0

100

200

300

Q2 2013 Q2 2014

Days On Market

Days on Market


$472,833

$400,467 $393,500 $401,900

$360,250 $384,417

$250,000

$300,000

$350,000

$400,000

$450,000

$500,000

Q2 2013 Q2 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.

Featured Ad - Local Palate May 2014

33 Broad Street

Charleston, SC 29401843.723.7150

DanielRavenelSIR.com

THIS IS OURWORLD.

Experience the difference of Daniel Ravenel Sotheby's International Realty. It's in our

service that extends far beyond the expected. It's our honesty and integrity in every

interaction. It's our pledge to listen, and respond to your unique needs. After 30 years

serving the Charleston area, our level of expertise is truly unmatched.

Serving you, from the Battery to the Beaches...

1982 Sandy Point Lane • Rivertowne

429 Whilden Road • Old Village

2701 Bayonne Avenue • Sullivans Island

32 Wentworth Street • Ansonborough

25 Legare Street • South of Broad

May_Layout 1 3/25/14 4:44 PM Page 1

14

24

35

20

25

30

35

40

Q2 2013 Q2 2014

Total Sales

$308,150

$375,424

$150,000

$250,000

$350,000

$450,000

Q2 2013 Q2 2014

Average Sale Price

$179

$219

$50

$150

$250

Q2 2013 Q2 2014

Sold Price Per Sqft

87

57

99

70

25

45

65

85

105

Q2 2013 Q2 2014

Days On Market

Days on Market


$336,952 $394,055 $323,988

$384,587

$308,150 $375,424

$50,000

$250,000

$450,000

$650,000

Q2 2013 Q2 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.

Under Contract

Featured Property

Great location just a few blocks from Hampton Park, Charleston’s only 5 acre park downtown! You are also steps from Rutledge Cab Company, Park Cafe and Moe’s Crosstown, just to name a few of the local restaurants. This area is on fire so finding a well-priced lot this close to everything is not easy. This lot has been cleared and is ready for your dream home.

62 Poplar Street.08 Acres

Listed at $154,900Daniel Ravenel Sotheby’s International Realty


Sea Ranch, California.5 Acres$110,000

Sotheby’s International RealtyWine Country Broadway Brokerage

Knoxville, Tennessee.42 Acres$159,000Alliance


La Pine, Oregon10 Acres $110,000Cascade


16

0

6

0

5

10

Q2 2013 Q2 2014

Total Sales

$663,833

$500,000

$550,000

$600,000

$650,000

$700,000

Q2 2013 Q2 2014

Average Sale Price

$-

$351

$-

$100

$200

$300

$400

Q2 2013 Q2 2014

Sold Price Per Sqft

66 80

50

150

Q2 2013 Q2 2014

Days On Market

Days on Market


$702,500 $683,167

$663,833

$450,000

$650,000

$850,000

Q2 2013 Q2 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.

Sold

Featured Property

Victorian home with a Key West flair 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 floor has a large living room with french doors that open onto the piazza; adjacent is a separate dining room with pocket doors, office/den area with storage,

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

57 Chapel Streel4BR/3B | 2,460 SqFtSold For $685,000


Recently Sold At Auction

Property From A Distinguished Europe-an Private Collection

Rudolf StingelUntitled

Oil on Canvas

Sold for $1,543,428.43

18

Destination: Charleston

the Market in the Charleston area

110 100

50

70

90

110

Q2 2013 Q2 2014

Total Sales

$271,310

$309,741

$100,000

$175,000

$250,000

$325,000

Q2 2013 Q2 2014

Average Sale Price

$127

$144

$110

$120

$130

$140

$150

Q2 2013 Q2 2014

Sold Price Per Sqft

71 73

121 102

0

50

100

150

Q2 2013 Q2 2014

Days On Market

Days on Market


$282,601

$316,726

$278,414

$320,691

$271,310

$309,741

$250,000

$300,000

Q2 2013 Q2 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.

On the Market

Featured Property

Magnificent deep water estate situated on 3 acres of pristine high land. Built in 2005, this home boasts numerous green features including Energy Star appliances, high impact windows and doors, and remarkably low utility bills. With beautiful landscaping and long marsh and country views, the property is enhanced by the location directly

on the ICW with a full 8 feet of water at low tide. This home is located in the well known deep water community of Martins Point, part of the Lowcountry Land Trust, which offers walking and biking trails, a community pond, boat

storage, and a boat ramp accessing the Wadmalaw River.

1168 Pilot Boy3BR/3.5B | 4,872 SqFt



Chianti, Italy6BR/8B

7,750 SqFt$2,637,987

MilanSotheby’s International Realty

Tortola, British Virgin Islands6BR/6.5B

$2,100,000British Virgin Islands


Park City, Utah5BR/5.5B

6,737 SqFt $2,075,000

SummitSotheby’s International Realty

22

226 251

100

150

200

250

300

Q2 2013 Q2 2014

Total Sales

$245,316

$281,069

$100,000

$175,000

$250,000

$325,000

Q2 2013 Q2 2014

Average Sale Price

$137

$149

$130

$140

$150

Q2 2013 Q2 2014

Sold Price Per Sqft

76 69

85

76

50

60

70

80

90

Q2 2013 Q2 2014

Days On Market

Days on Market


$259,900

$299,615

$254,736

$292,856

$245,316

$281,069

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

$320,000

Q2 2013 Q2 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 find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

Featured Ad

Charleston Magazine, May 2014

24

33 Broad Street

Charleston, SC 29401843.723.7150

DanielRavenelSIR.com

THIS IS OURWORLD.

Experience the difference of Daniel Ravenel Sotheby's International Realty. It's in our

service that extends far beyond the expected. It's our honesty and integrity in every

interaction. It's our pledge to listen, and respond to your unique needs. After 30 years

serving the Charleston area, our level of expertise is truly unmatched.

Serving you, from the Battery to the Beaches...

1982 Sandy Point Lane • Rivertowne

429 Whilden Road • Old Village

2701 Bayonne Avenue • Sullivans Island

32 Wentworth Street • Ansonborough

25 Legare Street • South of Broad

May_Layout 1 3/25/14 4:44 PM Page 1

159 151

50

100

150

200

Q2 2013 Q2 2014

Total Sales

$243,430

$249,206

$150,000

$225,000

$300,000

Q2 2013 Q2 2014

Average Sale Price

$138 $142

$120

$140

$160

Q2 2013 Q2 2014

Sold Price Per Sqft

83 74

93 97

25

75

125

Q2 2013 Q2 2014

Days On Market

Days on Market


$269,710 $264,141 $255,203

$259,957

$243,430 $249,206

$150,000

$200,000

$250,000

$300,000

Q2 2013 Q2 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

You must see this magnificent Ashley Harbor brick home with deep moldings, extensive woodwork and Brazil-ian cherry floors. The large family room, with enclosed TV cabinet and fireplace with gas logs, opens to the eat-in kitchen which is fully equipped with high-end appliances, hand-painted and hand-stained cabinets, granite counter tops, center island, wet bar, wine cooler and pantry. The master bedroom, with 2 large walk-in closets with built-ins, and marble master bath with separate shower and tub, is on the first floor. Upstairs there are 4 bedrooms, 3 full baths, large bonus room over garage, plus 2 walk-in unfinished storage areas. Other features include plentiful

storage, central vac, in-wall speakers and working shutters. Enjoy the screened back porch, the bluestone patio and fountain. Ashley Harbor is a gated community with a neighborhood boat landing.

2207 Weepoolow Trail5BR/4+B | 4,657 SqFt

$949,000Daniel Ravenel Sotheby’s International Realty


Langley, Washington2BR/2B

3,030 SqFt$925,000Realogics


Essex, Massachusetts4BR/2.5B5,709 SqFt$950,000By the Sea


Treasure Cay, Bahamas3BR/2B

2,486 SqFt$920,000Damianos


125

136

110

120

130

140

Q2 2013 Q2 2014

Total Sales

$801,667

$903,798

$500,000

$750,000

$1,000,000

Q2 2013 Q2 2014

Average Sale Price

$350

$397

$250

$300

$350

$400

Q2 2013 Q2 2014

Sold Price Per Sqft

182

118

221

151

100

150

200

250

Q2 2013 Q2 2014

Days On Market

Days on Market


$931,972 $941,911

$860,680

$944,888

$801,667

$903,798

$750,000

$850,000

$950,000

$1,050,000

Q2 2013 Q2 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

337 338

200

250

300

350

Q2 2013 Q2 2014

Total Sales

$418,930

$464,046

$300,000

$550,000

Q2 2013 Q2 2014

Average Sale Price

$208 $206

$100

$150

$200

$250

Q2 2013 Q2 2014

Sold Price Per Sqft

63 56

88 71

0

20

40

60

80

100

Q2 2013 Q2 2014

Days On Market

Days on Market


$432,734

$486,820

$433,563

$475,153

$418,930

$464,046

$400,000

$420,000

$440,000

$460,000

$480,000

$500,000

Q2 2013 Q2 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.

Recently Sold

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$1,295,000



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

30

13

19

10

12

14

16

18

20

Q2 2013 Q2 2014

Total Sales

$1,598,854

$1,238,211

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

Q2 2013 Q2 2014

Average Sale Price $569

$450

$400

$450

$500

$550

$600

Q2 2013 Q2 2014

Sold Price Per Sqft

175

116

235

144

100

150

200

250

Q2 2013 Q2 2014

Days On Market

Days on Market


$1,784,154

$1,428,316

$1,716,077

$1,353,316

$1,598,854

$1,238,211

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

$2,000,000

Q2 2013 Q2 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, office, hobby area, children’s play

area, etc. There are three gas fire places, including a double fireplace in the great room and large fireplaces 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

88 73

0

50

100

Q2 2013 Q2 2014

Total Sales

$625,349

$705,508

$550,000

$600,000

$650,000

$700,000

$750,000

Q2 2013 Q2 2014

Average Sale Price

$363

$351

$340

$360

$380

Q2 2013 Q2 2014

Sold Price Per Sqft

241

193

319

219

150

200

250

300

350

Q2 2013 Q2 2014

Days On Market

Days on Market


$1,045,342

$802,690

$681,384

$757,288

$625,349 $705,508

$500,000

$700,000

$900,000

$1,100,000

Q2 2013 Q2 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.

Recently Sold

Featured Property

Wonderful family home with open floor plan and beautiful natural light on Waterway Island in Wild Dunes. The expansive 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 separated 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

Documents

Charleston Area Market Update