Homebuyers wait to see when market will rebound

Thirty homes sold on Daniel Island in September. As of Oct. 17, there were 68 homes listed on the market, with 31 homes under contract and 37 active. The most expensive home was sold in Daniel Island Park on Lesesne Street for $3.6 million. The least expensive home sold was a condo in Daniels Landing that sold for $275,000.
 
According to Tricia Peterson with Island House Real Estate, more buyers seem to be waiting to “see what the market will do” as higher home prices and rising interest rates have made affordable housing options harder to act quickly on. However, Peterson noted that buyers now have the ability to negotiate as homes are sitting on the market longer giving them an opportunity that hasn’t been available in a few years.  
 
“Lenders are rolling out options like 2-1 buydowns and refinance options to help offset the monthly mortgage costs,” Peterson added.  
 
HOMES THAT SOLD IN SEPTEMBER
1077 Barfield St. - $1,600,000
103 Bellinger St. - $1,850,000
236 Beresford Creek St. - $2,070,000
200 Bucksley Lane #105 - $285,000
200 Bucksley Lane #203 - $300,000
600 Bucksley Lane #102 - $403,000
110 Cape St. - $980,000
38 Dalton St. - $2,550,000
2497 Daniel Island Drive - $2,050,000
2589 Daniel Island Drive - $1,829,000
275 Delahow St. - $2,205,000
118 Fairbanks Oak Alley #3B - $1,275,000
504 Helmsman St. - $1,790,000
80 Iron Bottom Lane - $2,200,000
112 Island Park Drive - $2,860,000
211 Ithecaw Creek St. - $2,999,999
2555 Josiah St. - $1,425,000
1625 Juliana St. - $1,400,000
605 S Leavitt Court - $1,207,500
359 Lesesne St. - $3,600,000
145 Pier View St. #208 - $420,000
1787 Pierce St. - $1,350,000
1877 Pierce St. - $989,000
130 River Landing Drive #931 - $290,000
130 River Landing Drive #2312 - $275,000
130 River Landing Drive #7116 - $305,000
7036 Schooner St. - $1,130,000
7053 Schooner St. - $1,481,250
1462 Wando Landing St. - $1,500,000
1483 Wando Landing St. - $1,450,000
 
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

 

Breaking News Alerts

To sign up for breaking news email alerts, Click on the email address below and put "email alerts" in the subject line: sdetar@thedanielislandnews.com

Comment Here