February 2020 Real Estate Report

Home sales on Daniel Island saw a significant increase for February 2020, nearly doubling sales for the same period in 2019.

Twenty-three homes sold with a total sales volume of $21,287,233. The most expensive home sold was on Smythe Street for $2,835,000. The least expensive home sold was a condo on Bucksley Lane for $155,000.

As of March 10, there were 132 homes for sale, with 66 active and 66 under contract or pending. The sales for February are up approximately $5.8 million compared to January 2020.

According to Tricia Peterson, owner of Island House Real Estate, real estate on Daniel Island should continue to move pretty quickly and home prices are expected to rise due to limited inventory and high demand.

“Despite the limited inventory, Charleston was just ranked in the top 20 cities to find a home, according to realtor.com. Interest rates are lower than they have been in over 50 years, making it a great time to buy, and limited competition make it a great time to sell,” said Peterson.

HOMES THAT SOLD IN FEBRUARY

1422 Smythe Street: $2,835,000

166 Beresford Creek: $1,550,000

553 Wading Place: $1,770,000

1225 Smythe Street: $1,650,000

231 Delahow: $1,225,000

1726 Trewin Court: $1,169,735

190 King George Street: $1,030,000

2055 Pierce Street: $965,000

508 Gibbes Street: $960,000

1613 Juliana Street: $913,300

7886 Farr Street: $904,000

2542 Josiah Street: $790,000

2562 Daniel Island Drive: $755,697

2593 Daniel Island Drive: $732,500

140 Fairbanks Oak Unit 2B: $710,000

2046 Pierce Street: $680,000

607 Leavitt Court: $635,000

1857 Pierce Street: $580,000

125 Pier View Unit 402: $530,000

1119 Thrower Street: $355,000

145 Pier View Unit 311: $229,000

130 River Landing Unit 3112: $163,000

600 Bucksley Lane Unit 304: $155,000