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Debbie Donovan Charleston Real Estate

Hot Off the Press - November 2009 Charleston Real Estate Resource Newsletter

Charleston Real Estate Resource
November 2009 Newsletter

The Real Estate Resource newsletter for November 2009 is now available. This monthly newsletter is produced by Charleston Realtor Debbie Donovan of Exit Realty Charleston Group in Mt. Pleasant, SC.

The November edition includes information about:
Home Equity Conversion Mortgages
Seller's and Buyer's Tips
Featured Property Listings
Market statistics for September 2009
Noteworthy Events
Debbie Donovan Donates organization of the month Crisis Ministries

Previous months' issues are also available.

132 Brady Street

All Daniel Island Homes

3907 Cameron Blvd

All Isle of Palms Homes

360 Evian Way

All Mt Pleasant Homes

47 King Street

All Charleston Peninsula Homes

All James Island Homes

All James Island Homes

30 Transom Ct

All West Ashley Homes

Check out these great Daniel Island Short Sales.

Daniel Island Short Sales Tour of Homes
November 5 - Open from 10:00am-12:00pm


Are you interested in a Daniel Island Short Sale? Here's your chance to view six opportunites. These homes will be open to view Thursday, November 5, from 10:00am-12:00pm.

132 Brady Street

132 Brady St
$445,000
4 Bedroom -2.5 Bath
Debbie Donovan
Exit Realty

917 Etiwan Park

917 Etiwan Park
$450,000
4 Bedroom -2.5 Bath
Peggy Leete
Carolina One

2422 Settlers
$575,000
4 Bedroom -3.5 Bath
Wallace Barr
Harbourtowne

2422 Settlers Street

502 Indian Corn
$730,000
4 Bedroom - 3/2 Bath
Faye Merritt
Coldwell Banker

502 Indian Corn Street
1243 Smythe Street

1243 Smythe St
$799,000
6 Bedroom - 6 Bath
Sue Skelton Campbell
Prestige Real Estate

103 Iron Bottom Lane

103 Iron Bottom
$800,000
4 Bedroom - 4.5 Bath
Leesa Northrup
Carolina One

Click here for interactive Google Map and directions.

Daniel Island is a master planned community with over 400 acres of parks and green spaces. Amenities include several parks, miles of trails, rivers and creeks, community pools and pavilion, tennis. Additional golf membership is available.

132 Brady Street

All Daniel Island Homes

3907 Cameron Blvd

All Isle of Palms Homes

360 Evian Way

All Mt Pleasant Homes

47 King Street

All Charleston Peninsula Homes

All James Island Homes

All James Island Homes

30 Transom Ct

All West Ashley Homes

Daniel Island Short Sale No Bank Approval 132 Brady Street Floor Plan

Daniel Island Short Sale - NO Bank Approval
132 Brady Street - Floor Plan

This Daniel Island home is now being offered as a short sale. The sellers do not need bank approval at the reduced price and can close quickly. This home is now priced at less than $165 per square foot which is 15.65% less than the average price per square foot of comprable homes sold on Daniel Island.

Check out the floor plan on this 4 bedroom home.
(fourth bedroom is room over garage)

Click to view Interactive Floor Plan of 132 Brady Street

If square footage is important, please verify.
Above information is deemed reliable but is not guaranteed.

Click the floor plan to view the Interactive Floor Plan or click here to view the property website.

Daniel Island is a master planned community with over 400 acres of parks and green spaces. Amenities include several parks, miles of trails, rivers and creeks, community pools and pavilion, tennis. Additional golf membership is available. Purchaser to pay Neighborhood Enhancement Fee of 1/4% of purchase price to Daniel Island Community Fund at closing. Resale addendum must also be signed.

THIS HOME HAS BEEN PRE-INSPECTED BY SOLID GROUND HOME INSPECTION; report available upon request.

132 Brady Street

All Daniel Island Homes

3907 Cameron Blvd

All Isle of Palms Homes

360 Evian Way

All Mt Pleasant Homes

47 King Street

All Charleston Peninsula Homes

All James Island Homes

All James Island Homes

30 Transom Ct

All West Ashley Homes

Charleston Home Sales Data September 2009

Charleston Home Sales Data
September 2009

The Charleston Trident Association of Realtors Multiple Listing Service reported 531 residential single family detached home sales in September. This was a 20% decrease over August sales. Both the average sales price of $252,595 and the median price of $185,000 were consistent with August numbers. The average days on market (DOM) was 106 which was an improvement over August DOM of 122. On average, homes sold for 95% of the list price. For every home sold, 2.16 homes were newly listed for sale. At the current rate of sale, it would take 15.84 months to deplete the inventory; six months inventory is considered a balanced market.

There are currently 9905 residential properties listed in the Charleston Trident Association of Realtors MLS which is a slight decrease from last month. Of these, 6648 are identified as single family detached homes which is also a decrease over last month's inventory. As of October 15, sales of detached homes are down 15.67% over the same time period last year.



# Sold

Median Price

Average Days on Market

Area

# Active

Average Price

Month's Inventory

10

$320,000 ☺

66 ☺

Charleston Peninsula

404

$1,037,990 ☺

40.4

6

$401,000

59 ☺

Daniel Island

134

$560,408

22.33

47 ☺

$152,000

88

Goose Creek

352

$160,713

7.5 ☺

16 ☺

$182,450

74 ☺

Hanahan

129

$175,392

8.06 ☺

8

$586,625

99 ☺

Isle of Palms

310

$666,531

38.75

32 ☺

$219,000

134

James Island

329

$246,634 ☺

10.28 ☺

2

$291,000 ☺

314

Meggett - Hollywood - Ravenel

121

$291,000 ☺

60.5

70

$346,500

137

Mt. Pleasant

969

$403,669

13.8

17

$150,000

76 ☺

Moncks Corner

260

$143,273

15.3

57 ☺

$152,000

99

North Charleston

583

$155,246

10.2

1

$975,000

Not available

Sullivans Island

41

$975,000

41

118

$163,750

94

Summerville

972

$182,881

7.98 ☺

54

$217,971 ☺

87 ☺

West Ashley

468

$230,353

8.67



Statistics from Charleston Trident Association of Realtors MLS and are deemed reliable but not guaranteed. Numbers represent SINGLE FAMILY DETACHED HOMES sold in September. Median price indicates the point at which half the homes sold for more and half the homes sold for less. The represents an improvement over the previous month. Month's inventory reflects the amount of time it would take to sell out of the current inventory of active listings at the current month's rate of sale and does not include contingent or pending properties.

Statistics were compiled 10/15 and 10/16.


For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.

All Daniel Island Homes

3907 Cameron Blvd

All Isle of Palms Homes

360 Evian Way

All Mt Pleasant Homes

47 King Street

All Charleston Peninsula Homes

All James Island Homes

All James Island Homes

30 Transom Ct

All West Ashley Homes











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Charleston Real Estate Resource - Debbie Donovan:

Debbie Donovan - Charleston RealtorAs a community minded and dynamic residential Realtor, my intention and commitment is to be an invaluable resource for buyers and sellers in the Charleston SC real estate market, specifically the East Cooper communities of Mt. Pleasant, Isle of Palms, and Daniel Island. I am results driven and work to provide top notch service to all my clientele. Email or call me (843-327-6099) so we can discuss how I can help you with your next real estate transaction.

Mt. Pleasant Home Sales Data September 2009

Mt. Pleasant Home Sales Data
September 2009

Mt. Pleasant had 69 single family detached homes sell during September with an average sales price of $400,824 and median price of $345,000. This was minimal decrease from August sales with a 10.3% decrease in median price. The average number of days on market (DOM) was 130 which was a slight improvement over the previous month. On average, homes sold for 93% of the list price. For every home sold, 2.39 homes were newly listed for sale. At the current rate of sale, it would take approximately 18 months to deplete home inventory; six months inventory is considered a balanced market.

Park West had the most sales of any Mt. Pleasant neighborhood with 13 sales. There are currently 968 single family detached homes listed for sale in Mt. Pleasant.

For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.

All Daniel Island Homes

3907 Cameron Blvd

All Isle of Palms Homes

360 Evian Way

All Mt Pleasant Homes

47 King Street

All Charleston Peninsula Homes

All James Island Homes

All James Island Homes

30 Transom Ct

All West Ashley Homes

Statistics from Charleston Trident Association of Realtors Multiple Listing Service. Numbers represent SINGLE FAMILY DETACHED HOMES sold in September and are deemed reliable but not guaranteed.

Median price indicates the point at which half the homes sold for more and half the homes sold for less.

Charleston Real Estate Resource - Debbie Donovan:

Debbie Donovan - Charleston RealtorAs a community minded and dynamic residential Realtor, my intention and commitment is to be an invaluable resource for buyers and sellers in the Charleston SC real estate market, specifically the East Cooper communities of Mt. Pleasant, Isle of Palms, and Daniel Island. I am results driven and work to provide top notch service to all my clientele. Email or call me (843-327-6099) so we can discuss how I can help you with your next real estate transaction.