October real estate stats show holding pattern on DI
Tue, 11/23/2021 - 8:16am
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Thirty-seven homes sold on Daniel Island in October. As of Nov. 15, there were a total of 69 properties for sale. Only 19 were active, while 50 were under contract.
The least expensive home sold was a condo at Bucksley Lane that sold for $275,000. The most expensive home sold was on Wando View St.. It sold for $5.75 million. Fifteen homes sold for $1 million dollars or more. Total dollar volume sold was $44,705,585.
According to Renee Reinert Pote with Iron Gate Realty, prices remain on the high side and inventory remains low. “We are seeing pricing remain strong. We were seeing somewhat of a softening in the prices climbing up and it seems now to be steadier. I think we are in a holding pattern and able to hold the high pricing for now due to the continued low inventory.”
Pote believes this holding pattern will continue for a while. “I do not see any indication that inventory will grow at a rapid rate. The trend I see happening more now is that sellers now feel they need to secure their next home before selling their current home.”
A special thanks to Renee Reinert Pote with Iron Gate Realty for providing information regarding the status of real estate on Daniel Island.
HOMES THAT SOLD IN OCTOBER
• 1970 Bellona St. - $1,775,000
• 1168 Blakeway St. - $1,000,000
• 128 Bounty St. - $845,000
• 232 Brailsford St. - $1,943,185
• 100 Bucksley Lane #205 - $275,000
• 300 Bucksley Lane #206 - $315,000
• 1613 Bulline St. - $939,000
• 103 Cartright St. - $725,000
• 124 Cartright St. - $725,000
• 183 Cartright St. - $712,000
• 193 Corn Planters St. - $875,000
• 2281 Daniel Island Drive - $989,000
• 252 Delahow St. - $1,650,000
• 839 Dunham St. - $1,200,000
• 53 Iron Bottom Lane - $2,130,000
• 720 Island Park Drive #103 - $1,475,000
• 175 Ithecaw Creek St. - $2,705,000
• 301 Longshore St. #421 - $1,545,000
• 310 Longshore St. #634 - $795,000
• 1540 Mitchell Wharf St. - $899,900
• 208 N Ladd Court - $875,000
• 135 Pier View St. #103 - $360,000
• 135 Pier View St. #205 - $345,000
• 135 Pier View St. #301 - $360,000
• 145 Pier View St. #403 - $420,000
• 145 Pier View St. #404 - $330,000
• 1659 Pierce St. - $850,000
• 1782 Pierce St. - $1,200,000
• 322 Ralston Creek St. - $2,000,000
• 130 River Landing Drive #4206 - $275,000
• 200 River Landing Drive #A401 - $410,000
• 200 River Landing Drive #D301 - $477,500
• 2621 Townsend Place - $965,000
• 541 Wading Place - $3,000,000
• 1538 Wando View St. - $5,750,000
• 11 Watroo Point - $2,000,000
• 74 Woodford St. - $1,570,000