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SOur December Sales (representing buyer or seller)


Sold Price
34 EUGENIA AVENUE
KIAWAH ISLAND
$ 1,150,000
249 GLEN ABBEY
KIAWAH ISLAND$ 872,000
23 GREENSWARD ROAD
KIAWAH ISLAND$ 799,000*
81 WAX MYRTLE COURT
KIAWAH ISLAND$ 599,500*
5531 TURTLE COVE VILLA
KIAWAH ISLAND$ 353,000
4523 PARKSIDE VILLA
KIAWAH ISLAND
$ 329,000*
4726 TENNIS CLUB VILLA
KIAWAH ISLAND
$ 310,000
49 BULL THISTLE LANE
KIAWAH ISLAND$ 250,000*
1410 COURTSIDE VILLA
KIAWAH ISLAND
$ 199,000
3563 SEASCAPE VILLA
KIAWAH ISLAND
$ 194,500*
2885 HIDDEN OAK DRIVESEABROOK ISLAND$ 535,000
3124 SEABROOK VILLAGE DRIVESEABROOK ISLAND$ 470,000
611 SHADOWWOOD VILLASEABROOK ISLAND$ 124,500*
2840 PARTRIDGE WALK COURT (L15 B2)SEABROOK ISLAND$ 115,000
8 CHURCH STREETCHARLESTON$ 1,799,000*
15 COLONIAL STREETCHARLESTON$ 939,000
2410 VALENTINE WAYCHARLESTON$ 289,900*
2737 BRYANS DAIRY ROADJOHNS ISLAND$ 549,900*
1310 CHARDON COMMONSJOHNS ISLAND$ 469,000*
3004 MARITIME FOREST DRIVEJOHNS ISLAND$ 300,000
2751 BOHICKET ROADJOHNS ISLAND$ 199,500*
1332 PENSHELL PLACEMOUNT PLEASANT$ 625,000
*Under Contract


LOur December New Listings 


List Price
114 BUFFLEHEAD DRIVEKIAWAH ISLAND
$ 1,265,000
1357 FAIRWAY OAKS VILLAKIAWAH  ISLAND
$ 499,000
4691 TENNIS CLUB VILLAKIAWAH ISLAND$ 574,500
4406 WINDSWEPT VILLAKIAWAH ISLAND$ 339,000
4748 TENNIS CLUB VILLA
KIAWAH ISLAND$ 315,000
2410 VALENTINE WAY
CHARLESTON$ 289,900
4276 HAULOVER DRIVE
JOHNS ISLAND$ 739,000
2737 BRYANS DAIRY ROAD
JOHNS ISLAND$ 549,900
REReal Estate News

Every new beginning comes from some other beginning's end. As we reflect on 2014 and look forward to 2015, we attempt to look into the real estate crystal ball for insight and wisdom for the new year. Comparing 2014 to 2013 shows some positive signs; however, we are most grateful that we aren't heading back into 2009.

 

The entire Charleston residential real estate market had increases from 2013 to 2014 in sales transactions, dollar volume and median sales price. The average Charleston sale was 5.5% higher in 2014 than in 2013.

 

Our MLS statistics for Kiawah are not an entire snapshot of the market because Kiawah Island Real Estate does not place their listings in the multiple listing service; however, the MLS companies had a 38.6% increase in sales transactions. The report shows the average sales price is down. This is somewhat misleading because of an increase in the sales of lower priced villas and several "shares" of properties. Also, in 2013, there was a $10,700,000 sale, which inflated the average price for that year. Overall, the MLS companies on Kiawah had a nice year and the properties that sold closed at 92% of the listing price and 84% of the original listing price.

 

Seabrook Island gained some momentum, too. The number of sales transactions increased 11.2% and the average sales price increased 15.3%. We don't think this was necessarily market driven appreciation, rather a reflection of a lack of distressed sales, which were more prevalent in 2013, which lowered the average sales price. There is a lot of new construction on Seabrook and because of the sheer number of lots for sale and the lack of newer, attractively priced homes under $1,000,000, we expect 2015 to see an increase in land sales and even more new construction. This is very healthy for Seabrook.

 

Our Johns Island clients and friends saw a decrease in sales by 17.3%; however, this seems to be purely driven by the increased sales prices which were 10.1% higher. Additionally, the number of listings that entered the market place decreased. We believe an increased price trend will continue for Johns Island, but not at 10% per year. Furthermore, we expect the number of transactions on Johns Island to start increasing due to the enormous amount of new communities and developments which are either under way or planned.

 

Mt Pleasant South of 526 had an increase in average price by 10.3%,a decrease in sales transactions by 9.2% and a decrease in new listings by 8.3%. With fewer days on the market and properties selling for 97% of their listing price, this still is a very hot market.

 

The primary residential markets in Charleston are very healthy and show positive signs for continued growth. The second home markets of Kiawah and Seabrook are much better than 2009 and 2010; however, most of the buyers are still cautiously optimistic and are discretionary income purchasers. Based on inventory numbers and increased traffic, prices in the second home markets should begin to follow the positive patterns of the primary residential markets.  

VRVacation Rental News
 
New Vacation Rental Properties

Akers Ellis rings in the new year with new options for Kiawah vacations!

3 Bedrooms, Screened Porch
 
3 Bedrooms, Dock on Lagoon
 
3 Bedrooms, Golf Views
 
Featured Vacation Rental Properties
Planning a Kiawah adventure for a large family or group? Check out these 5+ bedroom rental homes that sleep 12-20 people!

10 Falcon Point Road 

113 Blue Heron Pond 

131 Gadwall Lane 

155 Bufflehead Drive 


 2 Nicklaus Lane 

 20 Marsh Cottage Lane 

20 & 21 Ocean Green Drive 

24B Eugenia Avenue 

205 Horned Grebe Court 

221 Ocean Marsh Road 

44 Surfsong Road 

65 Surfsong Road 

EUpcoming Events
  
January 7 - 18, Charleston
One of the most exciting events in Charleston is back! If you know anything about the Charleston area, you know it's full of great food. Restaurant week gives you the opportunity to try some of our best restaurants at a price that will leave your stomach and your wallet happy! See a full list of participating restaurants here and don't forget to make reservations!

January 17, Downtown Charleston
What a fun way to see Charleston! The courses of this full and half marathon race feature scenic water views, the Battery, and historic King Street. The finish line street festival features live entertainment and a Health & Wellness Expo with over 40 vendors. Register and more information about the weekend's events, including a video recap of the 2014 race, are here

January 24, 4:00 PM, Johns Island
Gather the whole family to enjoy some hoops followed by food and entertainment! On the grounds of the Charleston Collegiate campus and following a basketball tournament, the entire family can enjoy oysters, BBQ, archery, games and more! Tickets are available online or at the event. 
February 13 - 15, Downtown Charleston
SEWE is a three-day showcase of everything we love about wildlife and nature. It brings together people of all ages, men and women, sportsmen and conservationists, artists and artisans, fans and families. Through an incredible lineup of events - from fine art exhibits, conservation education, sporting demonstrations and parties, SEWE invites us all to explore our "wild" side and pay tribute to our naturally beautiful world. Click here for tickets and more information.

3730 Bohicket Road, Suite 5

Johns Island, South Carolina 29455

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akersellisinfo@akersellis.com 

Real Estate  843.768.9844

 Rentals  843.768.4545

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