Daniel Ravenel Sotheby’s International Realty announces a record home sale on the Isle of Palms. 120 Ocean Blvdis located on the coveted southern end of the island, which is
Happy Holidays From Charleston
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
December 28: Blue Dogs, Charleston Music Hall
December 31: 5th Annual Yorktown Countdown
December 31: Folly Beach Flip Flop Drop
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!!
A Charleston native, Ruthie Ravenel grew up on Broad Street in the heart of the Holy City. She attended Charleston Day School and Porter Gaud and graduated from Boston College with a degree in Histo....