May 2018 Real Estate Report
The total number of homes that sold on Daniel Island in May was 33. As of June 13, there were 213 homes for sale, with 133 active and 80 under contract. Total sales in May equaled $25,304,147.
There were six properties that sold for more than $1 million in May. And out of the 33 total homes that sold, 25 of them sold for over $500,000. The most expensive home sold was in Daniel Island Park. It sold for $1.9 million. The least expensive home sold was a condo on River Landing. It sold for $138,000.
One trend this May that Hayden Jennings of Hayden Jennings Properties noticed was the amount of time single family homes stayed on the market compared to May of 2017.
“That has decreased significantly to 40 days on the market for May 2018 versus 91 days on the market in May 2017, that’s a 56 percent decease!”
He also noticed that the opposite was true when looking at condos.
“Compare this to the reverse trend in condos of 146 days on market for May 2018, compared to 33 days on the market in May 2017, which was a 342 percent increase.” Jennings noted that certain communities undergoing litigation probably contributed to the increase in marketing time for condos.
A special thanks to Hayden Jennings with Hayden Jennings Properties for providing information regarding the status of real estate on Daniel Island.
140 Balfour Drive - $1,690,000
1938 Bellona Street - $1,465,605
128 Beresford Creek Street - $600,000
1090 Blakeway Street - $672,500
151 Brady Street - $562,000
124 Brailsford Street - $813,000
128 Brailsford Street - $850,000
200 Bucksley Lane #208 - $215,000
400 Bucksley Lane #303 - $144,000
500 Bucksley Lane #305 - $145,000
853 Center Park Street - $375,000
458 Creek Landing Street - $1,525,500
2314 Daniel Island Drive - $340,000
2490 Daniel Island Drive - $775,000
1418 Elfe Street - $610,000
108 Fairbanks Oak Alley #303 - $937,500
8033 Gibbon Street - $525,250
643 Island Park Drive - $1,900,000
2572 Josiah Street - $667,000
101 Lucia Street - $850,000
1718 Pierce Street - $1,723,000
1754 Pierce Street - $1,240,000
1751 Providence Street - $575,000
130 River Landing Drive #2306 - $138,000
130 River Landing Drive #2312 - $153,900
130 River Landing Drive #8109 - $257,000
1702 Sailmaker Street - $680,000
1884 Village Crossing Drive - $667,000
1474 Wando Landing Street - $750,000
2506 Waverly Street - $825,655
2514 Waverly Street - $895,475
2418 Waverly Street - $861,895
2522 Waverly Street - $874,867