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Charleston, SC, Real Estate by Thomas Cunningham

An Open House on Wadmalaw Island, SC

An Open House on Wadmalaw Island, SC

1766 Little Smith Rd, Wadmalaw Island SC

Have you ever wanted a rural island getaway? Maybe you're just searching for that nice piece of land tucked away from everything, yet surprisingly close to all that you need? After making your way down Maybank Hwy and passing through Main Rd you will soon come to a fork in the road, bearing left, your immediate left turn will bring you directly to that place.

Sitting on three wonderful acres you will find the little gem of a property. This two year old house provides four bedrooms and three baths with just under 2000 SqFt of living space at your disposal. Nicely appointed, with hardwood floors throughout most of the house, this home beckons for a new owner to appreciate country island living.

An attached two car garage as well as an additional detached, three car garage with a guest house above give you all the space you need for whatever toys you may already posses or soon to, for that matter.

The front patio deck give you a great place to relax watch the world past on by

Mar Vista Grande Resort

Mar Vista Grande
605 S Ocean Boulevard
(By Sixth Avenue South)

Ocean Drive view

A new jewel by the sea, Mar Vista Grande stands alone as being one of the premier Oceanfront complexes which consist of three and four bedroom condominiums only! This magnificent building has attributes galore. A mere six blocks South of Main St on Ocean Drive, directly Oceanfront, sits this beautiful development.15 floors total, consisting of 160 units total; 100 of these units are direct oceanfront while the other 60 of them adjourns the sides of the complex giving gorgeous ocean views. The first four floors are reserved for parking only providing the luxury of being covered from the elements. A blessing you will soon learn to appreciate when you get caught in some of the sudden Thunderstorms that tend to pop up during the summer months here in Myrtle Beach, SC.
The Fifth floor is where it all begins. Being the first floor of condo units it also houses some of the many amenities provide at Mar Vista. Here you will find the Health Club, the Business Center as well as the Main Lobby / Registration. There is also a beautiful open-air patio just outside from the registration lobby.

Fifth Floor Layout


Now, looking at the photo above which shows the fifth floor layout, you will notice that the condominiums are laid out along the edge of the building. Beginning with the far left side of the building, focus on the unit towards the front of the building ( far left ) This is unit 1; now begin counting each unit moving in a clockwise rotation until you come around to the far right side, forward unit; this would be unit 16. The pattern set here will be that each unit has a set floor plan and its mirror image will be on the opposite side of the building. As you look at the Fifth floor plan, you can see what I'm talking about.

Four Bedroom layout


The picture above will show you what the four bedroom floor plans look like. These units are consistently numbers 1 and 16 of every floor and don about 1,625 heated Sq. Ft with a 255 Sq. Ft Balcony.

Three Bedroom Oceanview


Here we have the layout of the Three Bedroom units which comprise of unit numbers 2 & 15 of each floor. They maintain about 1.517 Hearted Sq Ft with a 260 Sq Ft Balcony. Now units numbers 3 & 14 of each floor will have a similar floor plans as this one above but smaller in square footage; about 1,447 Sq Ft with a 225 Sq Ft Balcony.

A Lazy Sunday , continued........

Continued from previous post.

A typical Charleston Alley way

I continue down the Battery, right alongside the water. At time I slip across both of the One Way streets that make up Murray Blvd. in order to get a better view of a particular house that has caught my eye or has a for sale sign in front of it. As I made my way up to the Fort Sumter House, a woman was walking her dogs. Not one, but Three beautiful (black & white) Springer Spaniels bouncing along with their master in tow. Being a dog lover, I had to strike up a conversation. Beth was her name, she had kind eyes. The type of eyes you expect to see in a person who truly loves animals. I asked about the dogs and if my memory severs me right, all but one were "rescued" Springer's. Dogs that were either abandoned or just in need of a good home. They were so cute, three different ages, one old, one middle aged and a youngster. Man, I tell you what; I was extremely tempted to take the young Springer home with me that evening. So, full of energy and affection. I had such a wonderful conversation with Beth. She was sharing with me how much Charleston had changed over the years, especially since Hugo hit. She told me that she could remember, before Hugo, that you could be out there on the Battery walking along the water and not a single car would have passed by for what seemed like forever. Just for comparisons, at least half a dozen cars happen to pass by us as we stood there and talked.

Gate in Fornt of Gibbs Museum off of Meeting St in Charleston, SC

I can't express how pleasing it is to live in a city where people are so friendly and open, where you can simply strike up a conversation with a complete stranger and before it's all over, you just might have made a new friend. God I love it here! Well Beth and I continued on for while longer and before I knew it the sky had become dark and the street lights glowed so warm and inviting. We broke off our chat and got back to where ever we were heading before. As I made to the tip of the Battery where Battery Park curls around and helps connect Murray Ave with East Bay Street, I remember how much I enjoy this spot at night. Not to take away from its beauty during the day, but at night with the hue of the Street Lights resplendent throughout the park and along the water way it makes for a whole different atmosphere. You just have to experience for yourself some time, it doesn't matter what time of the year, you will get the gist of what I'm trying to say here!

Beautiful Palmetto Tree in front of a house in Downtown Charleston, SC

Your Charleston Agent

Thomas Cunnigham

(843) 814-1078

Prudential Carolina Real Estate

Charleston, South Carolina

The Charms of Living in Charleston ( A Lazy Sunday )

It's slightly overcast, a touch of chill in the air, blue sky and sunshine struggling to break it's way through the grey blanket that lingers overhead. It all adds to persona that makes up Charleston really. A place that is known for it's humid, hazy days; it's hot, muggy evenings that give no relief to that heat of the day. It's Sunday and I am still slightly recovering from a cold I had caught earlier in the week. I haven't felt myself all week long and have been cooped up in the house for several days now. A lazy Sunday, as all Sundays should be if you ask me! I slept in today and relaxed in front of the TV till this afternoon. I guess being stuck inside most of the week had finally caught up with me because I had a massive urge to get outside; to just be in the open air; to simply smell the wonderful smells that are unique to Charleston.

Close to five in the evening now; I have gathered myself together and decided that Downtown Charleston is the place for me this day. I make my way over the James Island Connector, get off onto Lockwood Blvd. and follow it until I come upon Colonial Lakes. Easy to find a parking place today, especially this time as well; yet there are a surprising number of people out this evening. I guess I wasn't the only person with the idea of a walk this evening? Walking up Ashley Ave.; making my way towards the Battery now. There is no better way to truly appreciate the Fall sky of Charleston unless you see it gliding over the Charleston Harbor as it into the Ashley River. Absolutely beautiful; a vision that both inspires and awakens the soul. I love walking along the Harbor, gazing at the magnificent houses that align themselves along the water; Their quite majestic really, all the different types of architectural designs that have found their way here along this waterway. I catch myself staring while I walk, almost tripping over my own feet because I'm lost in the beauty of it all.

to be continued

2007 James Island Statistics ( Sales & Inventory History )

MLS Statistics Results
Sales and Inventory History
Thursday, January 03, 2008
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 200740$438,090 $426,033 97.25%1022927.3
February 200745$334,557 $325,208 97.21%813106.89
March 200761$329,134 $313,868 95.36%753595.89
April 200754$400,578 $385,334 96.19%1133616.69
May 200756$347,957 $334,084 96.01%913616.45
June 200750$339,900 $328,930 96.77%1043657.3
July 200748$345,062 $332,702 96.42%903647.58
August 200747$329,159 $316,334 96.10%973637.72
September 200728$405,068 $390,203 96.33%12537613.43
October 200733$315,171 $302,717 96.05%10637111.24
November 200722$303,556 $287,910 94.85%11635816.27
December 200730$375,308 $351,061 93.54%10333911.3
Total 514$355,295 $341,199 96.03%100.33529.01
Total 00%N/A N/A N/A
Total 2007-2008 514$177,648 $170,599 96.03%501764.5

So, What does it all mean??

Well, to break it down simply; as the year progressed Single Family Homes being listed for sale on the Charleston Trident MLS slowly increased. As the inventory continued to increase, so did the days those llistings stayed on the market. ( meaning homes did not sell ) You can also see that the number of homes sold per month decreased throughtout the year while the actual months those homes stayed on inventory steadly increased.

To put it in a nutshell, sellers were not willing to market their listings' prices accordingly! Some blame can be brought upon the backs of Real Estate agents who are not willing or capable to strongly advise their "seller" clients that a proper price correction is completely necessary in order to sell the property. The other part of the blame falls solely on the Sellers themselves as they have refused to accept the fact that the market was shifting towards a Buyers Market and prices needed to adjust appropriately. This sort of "denial" caused property prices to stay elevated all the while property values started to eroded underneath them. Before long, you start to see a somewhat "panic" begin with some sellers as they have pushed themselves into a corner where they are only left with the option of making a huge price cut in order to get out of the situation that waiting too long has put them in to begin with!