December real estate activity quieter than normal
Wed, 01/18/2023 - 9:49am
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During the month of December, 10 homes sold on Daniel Island. As of Jan. 12, 2023, there were 66 homes listed for sale. Thirty-six were active listings and 30 listings were under contract. The most expensive home sold in December was on Dunham Street in Daniel Island Park for just more than $1.7 million. The least expensive home sold was a condo in Daniels Landing that sold for $300,000.
According to Renee Reinert Pote with Iron Gate Realty, real estate activity is typically a little slower in December than in other months, but last month seemed a little more quiet than usual.
“This is the change in the current market,” Pote said. “Homes are still selling, but buyers are not willing to pay over the current value of a home.”
“We still see an increase in the number of contracts falling through after they are under contract,” Pote added. “Buyers seem to be more cautious and particular about the home they are purchasing.”
HOMES THAT SOLD IN DECEMBER
771 Dunham St. - $1,736,672
128 Etiwan Park St. - $983,000
1637 Oak Leaf St. - $1,413,750
145 Pier View St. #108 - $430,000
145 Pier View St. #116 - $495,000
1875 Pierce St. - $910,000
1896 Pierce St. - $570,000
130 River Landing Drive #7312 - $300,000
200 River Landing Drive #C102 - $580,000
130 River Landing Drive #6300 - $485,000