May home sales up over last year

In May, 36 homes sold on Daniel Island. As of June 16, there were 73 homes listed for sale.
 
Twenty-eight were active listings and 45 listings were under contract. The total sales for the month were $54,607,975. The most expensive home sold in May was in Daniel Island Park on Captain’s Island for over $5.6 million. The least expensive home sold was a condo on Seven Farms Drive that sold for $375,000.
 
May 2023 sales on Daniel Island are up slightly compared to May 2022, when 34 homes sold for a total of $52,184,737.
 
According to Tricia Peterson with Island House Real Estate, there is no shortage of buyers looking for homes on Daniel Island, but homes that are sitting on the market longer are likely because the list prices are too high.  
 
“Many homes are listed considerably over the market value plus need several hundred thousand dollars of updates so as much as buyers want to buy a home, it is not making sense… so more buyers are looking other places and for other options that are affordable and they know it will be a good investment,” Peterson noted.
 
Homes that sold in May
 
1036 Barfield St. - $1,375,000
1124 Barfield St. - $1,275,000
1156 Blakeway St. - $1,000,000
1160 Blakeway St. - $1,080,000
1164 Blakeway St. - $930,000
137 Captains Island St. - $5,641,240
803 Center Park St. - $750,000
121 Cooke St. - $985,000
2237 Daniel Island Drive - $895,000
1701 Doldridge St. - $1,650,000
863 Dunham St. - $2,550,000
166 Etiwan Park St. - $856,000
130 Fairbanks Oak Alley #3B - $1,382,500
144 Fairbanks Oak Alley #3B - $1,025,000
7790 Farr St. - $885,000
8037 Gibbon St. - $1,650,000
6006 Grand Council St. - $895,000
136 Iron Bottom Lane - $3,300,000
2550 Josiah St. - $1,242,500
470 Lesesne St. - $2,450,000
532 Lesesne St. - $2,400,000
310 Longshore St. #626 - $898,000
310 Longshore St. #638 - $1,850,000
105 Lucia St. - $1,150,000
1140 Oak Overhang St. - $1,875,000
6 Pagett St. - $1,900,000
1945 Pierce St. - $590,000
130 River Landing Drive #7118 - $475,000
200 River Landing Drive #304A - $590,000
200 River Landing Drive #201D - $625,000
200 River Landing Drive #305D - $580,000
200 River Landing Drive #310H - $650,000
1731 Sailmaker St. - $1,550,000
260 Seven Farms Drive #201 - $375,000
27 Watroo Point - $4,332,735
17 Woodford St. - $2,950,000
 
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