DI home inventory increases slowly as sales go fast

Twelve homes sold on Daniel Island in February. As of March 8, there were 81 homes listed for sale. Thirty-two were active listings and 49 listings were under contract. 
 
The most expensive home sold in February was in Daniel Island Park on Lesesne Street for $2.7 million. The least expensive home sold was a condo in Daniel’s Landing for $295,000.
 
According to Renee Reinert Pote with Iron Gate Realty, the inventory has continued to increase slowly after a sluggish December. “We had a 50% pick up in closed properties in January compared to December.”
 
Pote noticed that in February, 50% of the homes sold were $1 million or more “Prices have adjusted and it seems the lack of inventory keeps the homes selling at a fast pace.”
 
Homes that sold in February:
 
300 Bucksley Lane #105 ­— $435,000
600 Bucksley Lane #305 — $298,500
600 Bucksley Lane #308 — $400,000
384 Lesesne St. — $2,700,000
1519 Mitchell Wharf St. — $860,000
1617 Oak Leaf St. — $1,875,000
2010 Pierce St. — $1,035,000
130 River Landing Drive #2314 — $295,000
200 River Landing Drive #405B — $705,000
306 S. Ladd Court — $1,100,000
1847 Village Crossing Drive — $1,425,000
1904 Village Crossing Drive — $1,150,000
 
Compiled by Katherine Smith 

Daniel Island Publishing

225 Seven Farms Drive
Unit 108
Daniel Island, SC 29492 

Office Number: 843-856-1999
Fax Number: 843-856-8555

 

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