The holiday season is upon us, despite the warm temperatures we enjoy this time of year!! Most of the events in town this month are holiday related. The Holiday Festival of Lights at the James Island County Park is always a favorite, and there have been plays, music, parades, and tree lightings all month. What a great time of the year in Charleston with temperatures in the mid 60’s.
If you haven't had a chance to enjoy some of the festivities there are still plenty of events left in December to get you in the holiday spirit, here are a few events coming up :
December 20-21: Christmas in Wales, Circular Congregational Church
December 21: Special Holiday Extravaganza, Gaillard
December 21: It’s a Wonderful Life, Charleston Music Hall
January 1: Bill Murray Look-a-Like Polar Bear Plunge, Sullivan's Island
As far as the market here goes, it has been a very busy holiday season and moving into 2017 there has never been a better time to consider listing your home for sale!!! The Charleston real estate market continues to do extremely well and reflects the wonderful state of the economy overall here. Overall, we are up 10% year to date in the number of transactions and we may sell over 17k home this year. It will either be the busiest or the second busiest year ever. And median sales price is up almost 5% to $244k. 40% of the properties currently under contract are new construction. And this new construction is spread out over the entire tri-county area from Summerville to Johns Island and from Mt Pleasant to rural West Ashley. News of the opening of the new Volvo plant has brought several new subdivisions to the Summerville area and a new interchange on I-26 is being added. Boeing is continuing to expand and seems very pleased here. Of course, new restaurants and breweries continue to open daily and the cruise ships continue to bring new tourists into town.
Contact us today to find out more about how all these market factors can affect your home value and your buying prospects. We are always here to help you in deciding the right time to buy and sell real estate in our area!!
Happy Holidays to all our friends and clients!!
Author:Ruthie Ravenel Phone: 843-696-8858 Dated: December 19th 2016 Views: 367 About Ruthie: A Charleston native, Ruthie Ravenel grew up on Broad Street in the heart of the Holy City. She atten...
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About Daniel Ravenel Sotheby's International Realty
For more than 30 years, Daniel Ravenel Sotheby’s International Realty has been marketing, representing, and selling luxury homes in Charleston, South Carolina and the surrounding areas. We specialize in luxury homes both on and off the downtown peninsula. From historic pre-Revolutionary mansions, to well located urban pied-a-terres, to stunning beachfront retreats, we specialize in finding the lifestyle that is right for every client. Since 1983, we have been able to oversee nearly one billion dollars in real estate transactions, all without litigation. Additionally, because we are a locally owned company, all of our agents are either native to Charleston or a well-established resident of the Charleston area—and it is for this reason that we are completely in tune with every subtle aspect of the South Carolina Lowcountry.
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"I would highly recommend Anne as a realtor. I met Anne several months ago. As a real estate investor, when I meet a Realtor I always ask them to keep me in mind if they see something interesting. After 3 1/2 years in Charleston, Anne was the first realtor to actually follow up. She sent me information on a property which I put an offer on. While in my due diligence period, Anne was there every step of the way. She found different subcontractors, negotiated a better price, and researched different options for the property. While I did not ultimately make that purchase, I was so impressed with Anne I knew she would be my Charleston Realtor from then on. Please understand that my mother was a successful broker in San Francisco, my husband is a developer and I have a lot of Realtor friends so I have a very high standard. I recently decided to sell a duplex I renovated last year. Of course I listed it with Anne. She went above and beyond dealing with tenants, meeting with inspectors, coordinating the marketing materials, etc. Not only did I receive a good offer within a couple of weeks but Anne was able to get a strong back-up offer too. I could go on and on but I am out of town and writing on my phone."