Buyers, sellers use caution as inventory increases slowly
Wed, 11/16/2022 - 9:40am
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In October, 16 homes sold on Daniel Island. As of Nov. 10, there were 72 homes listed on the market, with 42 active listings and 30 listings under contract. The most expensive home sold was on Balfour Drive in Daniel Island Park for $2.85 million. The least expensive home sold was a condo on Pier View Street that sold for $375,000.
According to Renee Reinert Pote with Iron Gate Realty, buyers and sellers are using more caution with the current market, resulting in more contracts falling through and homes coming back on the market.
“I see cautious buyers and sellers,” Pote said. “No matter what the market, if your home is ‘show ready’ and priced within the current market, it will sell quickly. If you try to test the market, you may hurt yourself in the long run. Trust your well-qualified, well-experienced Realtor’s advice. They know the current market.”
HOMES THAT SOLD IN OCTOBER
115 Balfour Drive - $2,850,000
1240 Blakeway St. - $1,195,000
1225 Blakeway St. #303 - $405,000
600 Bucksley Lane #108 - $400,000
867 Center Park St. - $675,000
2539 Daniel Island Drive - $1,255,000
2615 Daniel Island Drive - $1,600,000
767 Dunham St. - $1,901,005
1713 Frissel St. - $1,160,000
147 Island Park Drive - $2,240,000
156 Ithecaw Creek St. - $2,765,000
301 Longshore St. #421 - $2,100,000
2409 Louisville St. - $1,465,000
1102 Oak Overhang St. - $1,015,000
125 Pier View #307 - $375,000
145 Pier View St. #115 - $620,000
Compiled by Katherine Smith/news@thedanielislandnews.com