April 2020 real estate report
Daniel Island home sales in April were down slightly from previous years, by a little more than $5.5 million compared to 2019.
Twenty-two homes sold on Daniel Island in April 2020, compared to 25 in 2019. The total sold volume in April was $17,382,532, compared to $22,933,229 in 2019.
The most expensive home sold was 319 Gunboat Lane in Daniel Island Park for $1,520,000. The least expensive home sold was a condo at 130 River Landing Drive, Unit 9103, which sold for $166,590.
As of May 13, there were 175 homes for sale with 115 active and 60 under contract or pending. The average sales price of a home on Daniel Island for April was $752,638.
“On Daniel Island, we have a three-month inventory of available homes,” said Tricia Peterson of Island House Real Estate. “Last year at this time there was over six months of inventory. A six-month inventory is considered a balanced market so we continue to have an inventory shortage. On average, a home on Daniel Island is shown 10 times prior to going under contract. The average days on market is 14.”
Even with these numbers, real estate activity on Daniel Island has remained busy during the pandemic, she noted.
A special thanks to Tricia Peterson with Island House Real Estate for providing information regarding the status of real estate on Daniel Island.
PROPERTIES THAT SOLD IN APRIL
2620 Augustus Street - $780,000
117 Bellinger Street - $799,900
217 Black Powder Street - $1,300,000
1225 Blakeway Street #902 - $270,000
200 Bucksley Lane #308- $234,900
2213 Daniel Island Drive - $525,000
283 Delahow Street - $1,240,000
134 Fairbanks Oak Alley #302 - $1,025,000
319 Gunboat Lane - $1,520,000
2604 Josiah Street - $660,000
1617 Juliana Street - $725,276
1 Lafar Street - $1,362,600
1608 Oak Leaf Street - $886,366
125 Pier View Street #409 - $373,000
145 Pier View Street #405 - $560,000
1800 Pierce Street - $530,000
1923 Pierce Street - $489,900
130 River Landing Drive #9103 - $166,590
200 River Landing Drive #402A - $489,000
1295 Smythe Street - $1,410,000
2718 Waker Street - $1,175,000
1530 Willtown Street - $860,000