q4 2013 market update

Market UpdateQ4 2013

the Market in downtown Charleston

335

185 125 149

402

224

133 184

50

150

250

350

450

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market

Cumulative Days on Market

$2,044,333

$1,830,318

$1,349,658

$1,592,450

$1,881,278

$1,657,561

$1,380,387

$1,598,564 $1,752,667

$1,515,680

$1,253,887 $1,493,590

$1,000,000

$1,500,000

$2,000,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

List Prices versus Sold Prices

Original List Price

List Price

Sold Price

$499 $483 $443

$556

$300

$400

$500

$600

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Price Per Sqft

18 31 31

21

0 10 20 30 40

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$1,752,667

$1,515,680 $1,253,887

$1,493,590

$500,000

$1,000,000

$1,500,000

$2,000,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0

20

40

60

80

100

120

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

South of BroadMarket Facts

This area is defined as the lower section of the peninsula located to the south of Broad Street, a main thoroughfare bisecting the oldest part of the city. Broad Street houses many businesses including banks and real estate offices, as well as a large collection of art galleries. Just past Broad Street heading south are some of the stateliest historical mansions in South Carolina.

On the Market

Featured Property

A true historical gem located South of Broad, the Carolopolis Award winning Jacob Motte House is one of the earliest residences built in the city on the land originally bought from Robert Tradd. 61 Tradd was constructed circa 1731 and sits on Lot 60 of the Grand Modell of 1672. This early Georgian 3 1/2 story masonry single house was built by Jacob Motte, who was a Huguenot and Royal Treasurer of the Province. (Jacob Motte also owned 67 acres in Point Pleasant which is now the Old Village in Mount Pleasant).The first floor interior of this home boasts some of the finest example of Georgian paneling in the country. The period cypress paneling is accompanied by wide plank

heart of pine flooring.

61 Tradd Street 5BR/3B | 4,000 SqFt

$1,499,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Providenciales, Turks and Caicos5BR/5B

4,000 SqFt$1,500,000

Turks and CaicosSotheby’s International Realty

Rhone-Alpes, France5BR/1.5B

1,453 SqFt $1,352,821Perle du Lac

Sotheby’s International Realty

South Orange, New Jersey7BR/5.5B1.42 Acres $1,498,000

Prominent Properties Sotheby’s International Realty

4

102

167 145 155

209 191 204 174

0

50

100

150

200

250

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$714,800 $743,584 $747,965 $743,656

$652,782

$707,721 $696,220 $705,656

$622,639

$669,224 $658,083

$675,500

$550,000

$600,000

$650,000

$700,000

$750,000

$800,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$283 $318

$361

$308

$200

$300

$400

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Price Per Sqft

11 19 20

9

0

10

20

30

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$622,639

$669,224 $658,083

$675,500

$500,000

$600,000

$700,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0

20

40

60

80

100

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0 10 20 30 40 50 60 70 80

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Harleston VillageMarket Facts

Located to the southwest of downtown, Harleston Village is a diverse and vibrant area of Charleston. Originally owned by the widow Harleston, who created today’s neighborhoods and streets from her husbands farm land. One of the larger downtown neigh-borhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.

On the Market

Featured Property

A new small residential enclave, to be built on the Charleston peninsula, will overlook Alberta Long Lake and the Ashley River. Halsey Park was conceived by Bennett Hofford Construction, a local building and development compa-ny, to create something historically inspired, yet totally unique for Charleston and perfectly suited for 21st century liv-ing. Initially, 6 classically designed, fee simple rowhouses will be built using state-of-the-art Structurally Insulated Panel construction that provides hurricane strenth, well beyond code; plus, they are termite resistant, extremely energy efficient and environmentally green. There will also be 6 build-to-suit lots offered as well. These new residences will overlook a central garden-park designed by Sheila Wertimer with gas-lit paths, flowers, trees and landscape features

to be enjoyed from dual level rear porches or by foot.Halsey Park

2,204+ SqFt | 2+ BRPriced from $1,300,000

Daniel Ravenel Sotheby’s International Realty


La Rochelle, France5BR/1+B2,691 SqFt$2,697,939

Saint Louis ImmobilierSotheby’s International Realty

Marlow, England5BR/2.5B

2,491 SqFt $2,557,136

United KingdomSotheby’s International Realty

Santa Barbara, California3BR/3.5B2,891 SqFt

$1,999,000Sotheby’s International Realty

Santa Barbara Brokerage

6

205

497

343 293 205

497

343 341

100

300

500

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$768,100

$1,134,978

$621,317

$1,546,857

$765,600 $960,711

$608,500

$1,454,429

$700,500

$916,278

$580,083

$1,343,080

$300,000

$700,000

$1,100,000

$1,500,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$530 $526 $576

$686

$400

$500

$600

$700

$800

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Price Per Sqft

4

9 6 7

0

5

10

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$700,500 $916,278

$580,083

$1,343,080

$300,000

$800,000

$1,300,000

$1,800,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0 5

10 15 20 25 30 35 40

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec

Months of Inventory

French Quarter Market Facts

The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Orig-inally named for the large concentration of French Huguenots living here, the French Quarter has no lack of charms with the famous Church Street, Queen Street and fabulous renovated warehouses and pre-Revolutionary buildings.

Recently Sold

Featured Property

This wonderful top-floor Factor’s Walk unit offers spacious rooms, light, views, and high-end finishes. Furnishings, by designer Beverly Bohan of Haute Design. Any chef would be pleased with the 6-gas burner/double oven Viking range with hood, the large center island, the Sub-Zero refrigerator and drawer microwave. The kitchen flows into the casual dining area, the family room, to the pantry and formal dining room. Other features include: direct access elevator, magnificent grand stairway entrance facing Waterfront Park, 2 secured parking spaces, generous storage, high ceilings, cove lighting, triple french doors opening onto the gorgeous piazza overlooking Waterfront Park, three

fireplaces with gas logs and city views from the deck off of the master bedroom.

5-4A Middle Atlantic Wharf2BR/2.5B | 3,051 SqFtSold For $2,950,000

Daniel Ravenel Sotheby’s International Realty


Cape Town, South Africa3BR/2.5B7,319 SqFt$3,500,000

Moscow Sotheby’s International Realty

Paradise Island, Bahamas4BR/4.5B

5,000 SqFt $3,495,000Old Fort Bay


Wadsworth, Illinois5BR/7+B

15,500 SqFt $3,499,000

Hunter’s FairwaySotheby’s International Realty

8

103 109 179

72

301

197 201 141

0

100

200

300

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$1,106,250

$1,172,125

$983,333

$906,000 $906,250

$1,122,750

$896,778 $897,250

$819,250

$1,068,625

$826,556 $866,063

$650,000

$750,000

$850,000

$950,000

$1,050,000

$1,150,000

$1,250,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$355

$410 $424 $436

$250

$300

$350

$400

$450

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Price Per Sqft

4 8 9 8

0

5

10

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$819,250

$1,068,625

$826,556

$500,000

$700,000

$900,000

$1,100,000

Q1 2013 Q2 2013 Q3 2013

Average Sale Price

0

5

10

15

20

25

30

35

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Ansonborough Market Facts

Ansonborough is defined as the area between King and East Bay and George and Pinckney Streets just north of the historic market and Custom House. Rebuilt after the great fire of 1836, Ansonborough was the city’s first suburb and boasts some impressive historic homes which have undergone extensive restorations thanks to the work of the Historic Charleston Foundation.

On the Market

Featured Property

This solid brick carriage house is steeped in old world ambiance and features a fabulous kitchen, 10’ ceilings, wide heart of pine floors, beautiful woodwork, a fireplace with period mantel, bright well proportioned rooms, and an idyllic setting. All of the rooms are bathed in natural light. The renovated kitchen boasts top-of-the-line appliances

and marble counter tops. There is room enough for a small breakfast table from which there are views of the patio. Upstairs there are two bedrooms and two full bathrooms. The master bedroom has a vaulted ceiling and a walk-in closet. There is also a closet with a stacked washer/dryer. This residence is situated behind the James Jervey Man-

sion and overlooks its landscaped garden.

55 Laurens Street, B2BR/2B | 1,479 SqFt

$765,000Daniel Ravenel Sotheby’s International Realty


Maldonado, Uruguay3BR/3.5B2,906 SqFt$800,000

Perazzo InmobiliariaSotheby’s International Realty

Makawao, Hawaii3BR/2B

1,551 SqFt $750,000

IslandSotheby’s International Realty

Brooklyn, Michigan3BR/3B

3,190 SqFt $799,000

SKBKSotheby’s International Realty

10

80 91 82 130

80 110

82

187

0

50

100

150

200

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$450,667

$546,952

$608,400 $635,500

$439,125

$546,085

$603,600 $643,667

$400,708

$522,927

$582,000 $587,308

$300,000

$400,000

$500,000

$600,000

$700,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$274 $300

$323

$284

$200

$250

$300

$350

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

12 15

5 6

0 5

10 15 20

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$400,708

$522,927 $582,000 $587,308

$300,000

$400,000

$500,000

$600,000

$700,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0 5

10 15 20 25 30 35 40

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0 5

10 15 20 25 30 35 40

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Radcliffeborough Market Facts

Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Up-per King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.

Recently Sold

Featured Property

Located near the restaurants & CofC & MUSC, Seventy Seven Pitt Street is a wonderful large home which currently is divided into three apartments. The interior of this home features comfortable living spaces with hardwood floors and lovely fireplaces. A fabulous eat-in kitchen offers granite countertops and high end appliances. The first floor

master bedroom has an adjoining office area, walk-in closet and a completely renovated, spacious full bath.

77 Pitt Street4BR/4.5B | 4,128 SqFt



Grand Cayman, Cayman Islands3BR/2B

2,200 SqFt$900,000

Cayman IslandsSotheby’s International Realty

Cusco, Peru12BR/12.5B 50,590 SqFt $880,000

PeruSotheby’s International Realty

Tokyo, Japan1BR/1B693 SqFt

$884,485List


12

569

260 113 95

683

266 121 107

-100

100

300

500

700

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$246,898

$472,833

$327,179

$388,656

$177,125

$393,500

$322,536

$389,600

$202,250

$360,250

$297,929

$359,461

$100,000

$200,000

$300,000

$400,000

$500,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$221

$198

$223 $239

$150

$200

$250

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

2 6

14

8

0

5

10

15

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$202,250

$360,250

$297,929

$359,461

$150,000

$250,000

$350,000

$450,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0

10

20

30

40

50

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

10

20

30

40

50

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Canonborough & Elliotborough Market Facts

Cannonborough and Elliotborough are located above Morris and Bee Streets on the Peninsula and house a large portion of Charleston’s student population. Well located for walking access to the College of Charleston, Medical University and also to Upper King Street’s restaurants and bars, this area is a lively urban mix of age groups.

Featured Ad - Charleston Mercury, October 2013

843.723.7150DanielRavenelSIR.com

109 FLYWAY DRIVE

Kiawah IslandSold For $10,700,000

Middleton Rutledge

40 RUTLEDGE AVENUE

Harleston VillageSold For $1,490,000

Dan Ravenel

20 SOUTH ADGERS WHARF

South of BroadSold For $1,252,000

Helene Settle

126 RUTLEDGE AVENUE

Harleston VillageSold For $1,150,000

David Crump

22 KING STREET

South of Broad Sold For $1,950,000

Casey Murphey

113 ASHLEY AVENUE

Harleston Village Sold For $2,025,000

Chasen McCall

12 SURF LANE

Isle of Palms Sold For $1,585,000

Beth McCrabb

5-4A MIDDLE ATLANTIC WHARF

French Quarter Sold For $2,950,000

Lenora White

28 HASELL STREET

AnsonboroughSold For $1,000,000

Jane Stoney Cook

33 Broad StreetCharleston, SC 29401

Significant SalesPROVEN RESULTS. TRUSTED AGENTS.

October16_HalfPageMercury_10.625x10.5 10/21/13 12:04 PM Page 1

14

87

29

77 58

99

29

95 65

0

50

100

150

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$288,911

$336,952

$398,894

$361,690

$274,361

$323,988

$384,190

$345,380

$262,485

$308,150

$371,615

$329,550

$150,000

$250,000

$350,000

$450,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$176 $179

$204 $199

$150

$190

$230

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Price Per Sqft

18 24 26

10

5

15

25

35

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$262,485

$308,150

$371,615

$329,550

$200,000

$250,000

$300,000

$350,000

$400,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0

10

20

30

40

50

60

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Wagener Terrace & Hampton ParkMarket Facts

Wagener Terrace is a suburban area with marsh views and numer-ous well located, moderately priced homes. Hampton Park gains its name from the large green space in its center which was a world fair site in 1900.

Featured Property Video

5434 Chaplins Landing Road, Hollywood, SC 29449

16

279

0 25 84

279

0 25 84

0

100

200

300

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$549,500

$656,125

$746,000

$549,500

$652,375

$725,500

$520,000

$639,188 $682,750

$450,000

$550,000

$650,000

$750,000

$850,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$229

$305

$271

$200

$250

$300

$350

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

2 0

8 4

0 4 8

12

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$520,000

$639,188 $682,750

$400,000

$500,000

$600,000

$700,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0 2 4 6 8

10 12 14 16

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0 2 4 6 8

10 12 14 16

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Wraggborough Market Facts

Wraggborough is an area north of Ansonborough which features lovely ancient oaks and parks alongside well constructed, historic homes in a variety of price ranges. Originally owned by the Wragg family and divided among the descendents, it is home to the Charleston Museum which is the oldest museum in America.

On the Market

Featured Property

Victorian home with a Key West flair overlooking a fountain and charming park. Within walking distance to Upper King Street restaurants, the Charleston museum, and library. The property is currently a single family home with two meters and an upstairs kitchen that could be a potential duplex. The main floor has a large living room with french doors that open onto the piazza; adjacent is a separate dining room with pocket doors, office/den area with storage,

a full bath and renovated kitchen with top of the line appliances.

57 Chapel Streel4BR/3B | 2,460 SqFt


Recently Sold At Auction

Dame Barbara Hepworthsigned, dated 1968

Four Figures WaitingSold for $556,291 USD

18

Destination: Charleston

the Market in the Charleston area

58 71 76 76 94

121 109 128

0

50

100

150

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$256,658

$282,601 $299,346

$281,064

$250,985

$278,414

$304,478

$278,253

$245,217

$271,310

$296,734

$271,233

$200,000

$240,000

$280,000

$320,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$117 $127

$142 $132

$100

$120

$140

$160

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

83 110

130 121

50 80

110 140

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$245,217 $271,310

$296,734 $271,233

$200,000

$250,000

$300,000

$350,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

550

600

650

700

750

800

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Johns Island & Wadmalaw Market Facts

A stunning contrast to more developed areas of Charletson, Johns Island is truly a diamond in the rough. One only needs to drive the lovely scenic roads to discover the charm of its maritime forests and unspoiled natural beauty. The second largest island on the East Coast (second only to Long Island NY), Johns Island was traditional-ly a planting community for early settlers of Charlestowne.

On the Market

Featured Property

Beautiful custom 4200ft home on 15.44 acres in the gated community of Longcreek Plantation. Located on quaint Wadmalaw Island and only 20 minutes from downtown Charleston, this country estate offers a well built 2003 tra-ditional home, which provides 4 bedrooms, 3 bathrooms and 2 half baths. The downstairs master is very spacious and it is accompanied by a well appointed bathroom and walk in closet. A clean, spacious kitchen provides plenty of room to cook and entertain. The upstairs offers 3 additional bedrooms, 2 bathrooms, an office and a play room

or media room for entertainment. There is a private deck on the rear of the home and a screened in porch for outdoor living.

1901 Long Creek Road4BR/3+B | 4,200 SqFt


Recently Sold At Auction

Blister pearl, gem set, and diamond brooch

Late 19th CenturySold for $9,218

22

89 76 75

52

117

85 86 72

30

80

130

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$302,593 $259,900

$303,524

$262,467 $288,243 $254,736

$296,290

$258,283 $272,717

$245,316 $285,414

$250,225

$100,000

$200,000

$300,000

$400,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$138 $137

$148 $139

$100

$120

$140

$160

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

130

226 231

149

50 100 150 200 250

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$272,717 $245,316

$285,414

$250,225

$150,000

$200,000

$250,000

$300,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

440

450

460

470

480

490

500

510

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

James Island Market Facts

A well established community, James Island is a large island west of downtown Charleston, separated from West Ashley by the Stono River. This area offers a large selection of moderately priced single family homes, as well as apartments and condominiums. In explor-ing James Island, one will find numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

On the Market

Featured Property

This is a magnificent tidal marshfront property with lovely landscaped grounds irrigated by well water. Most rooms of the house afford stunning vistas of a serene setting. The family and dining rooms flow together with elegant chandelier, sconces, recessed lighting. A fabulous chef ’s dream kitchen offers: Viking 6-burner gas range with glass overhead ventilation, Wolf electric convection oven, Subzero refrigerator/freezer, Meile dishwasher with triple racks, Wolf warming drawer, Uline wine refrigerator; and much more. . A wonderful master bath has granite floors, marble countertops, custom glazed cabinets, whirlpool tub, heated towel racks, chandelier, new glass shower doors, dual

showerheads, triple mirrors below 3 overhead wall sconces imported from Italy.

921 Cotton House Road4BR/2.5B | 3,110 SqFt



Denver, Colorado2BR/2.5B2,101 SqFt$850,000

FullerSotheby’s International Realty

Shrewsbury, Vermont4BR/4.5B

4,500 SqFt | 21 acres $750,000

Vermont Country PropertiesSotheby’s International Realty

Paris, France1BR/1B473 SqFt

$802,175Paris Rive Droite


25

81 83 69 91 97 93

77 99

0

50

100

150

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$235,616

$269,710

$344,968

$258,922

$220,511

$255,203 $255,141 $239,716

$210,521

$243,430 $242,052 $229,047

$150,000

$200,000

$250,000

$300,000

$350,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$121

$138

$129 $128

$100

$110

$120

$130

$140

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

110

159 131

98

50

100

150

200

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$210,521

$243,430 $242,052 $229,047

$170,000

$190,000

$210,000

$230,000

$250,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

400

420

440

460

480

500

520

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0 2 4 6 8

10 12 14 16

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

West Ashley(inside 526)Market Facts

West Ashley is located across the Ashley River, to the west of Downtown Charleston. One of the early suburban developments in the area, West Ashley offers a number of historic neighborhoods built in the mid 20th century. Well located, being just minutes from downtown, West Ashley offers an array of moderately priced, often brick homes on ample sized lots, some on the water with marsh views.

In the News...

DRSIR Donates to Pancreatic Cancer Action Network in Support of One of Their Agents

26

Charleston, SC (December 18, 2013) – Daniel Ravenel Sotheby’s International Realty, a local luxury real estate firm, recently donated to the Pancreatic Cancer Action Network (PanCan). The effort was spear-headed by Beth McCrabb and Daniel Ravenel, owner and Broker-in-Charge, generously offered to match any amount raised from employees and agents within the office. The total raised was $775, and with the match the total donation amounted to $1,550.

PanCan was founded in 1999 as a small, non-profit, patient-based advocacy organization. PanCan offers a comprehensive range of services, from advocacy and community outreach, to funding research with a goal of creating hope and support for the pancreatic cancer community.

Beth McCrabb, an experienced agent at Daniel Ravenel Sotheby’s International Realty has participated in 5k’s, called “Purple Strides,” from Savannah to Cincinnati, in support of PanCan. Most recently, she walked in November in Savannah, Georgia to help advance research and support patients and families affected by pancreatic cancer. She walks in memory of her father, Arnold Hampton, and her uncle, Earl Hampton, who both bravely fought pancreatic cancer. “We walked for the memories, love, and hope they provided our family,” says McCrabb.

The combined donation to PanCan from McCrabb’s efforts was $2,315. That contribution included her personal fundraising, the Daniel Ravenel Sotheby’s International Realty office, and Ravenel’s match. This contribution made McCrabb’s team the third highest this year for Savannah Purple Stride and also made McCrabb the top individual fundraiser.

According to PanCan, over 45,000 people will be diagnosed with pancreatic cancer this year and the five-year survival rate is 6%. Since 2003, the Pancreatic Cancer Action Network has awarded 94 research grants totaling nearly $18 million dedicated to patient services, treatments, and a cure for pancreatic can-cer. For more information about the Pancreatic Cancer Action Network, please visit PanCan.org.

Daniel Ravenel Sotheby’s International Realty has been serving the Lowcountry for over 30 years, having closed well over $1.5 billion in real estate sales during this time. Joining the Sotheby’s International Realty brand in 2007, the company has taken its local market expertise and expanded into the international are-na through a close partnership with the Sotheby’s Auction House and a powerful referral network across affiliate offices worldwide. Daniel Ravenel Sotheby’s International Realty is located at 33 Broad Street in Downtown Charleston, and their local web address is DanielRavenelSIR.com.

The Sotheby’s International Realty® network currently has more than 13,000 sales associates located in approximately 670 offices in 49 countries and territories worldwide. Each office is independently owned and operated.

207 182 155 154

257 221 188 193

0

100

200

300

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Days on Market

Days on Market


$849,023 $931,972 $838,287 $884,538

$788,240 $860,680 $797,058 $866,936

$733,212 $801,667 $741,641

$820,873

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$351 $350 $347

$100

$200

$300

$400

Q1 2013 Q2 2013 Q3 2013

Price Per Sqft

81 125

248

88

50 100 150 200 250

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$733,212 $801,667 $741,641

$150,000

$350,000

$550,000

$750,000

$950,000

Q1 2013 Q2 2013 Q3 2013

Average Sale Price

600 610 620 630 640 650 660 670 680 690


Number of Listings

0

5

10

15

20

25

Months of Inventory

Charleston Peninsula(Below Crosstown)Market Facts

Located on a peninsula between the Ashley and Cooper Rivers, Downtown Charleston is a bustling pedestrian city full of artists, businesspeople, students, and families. Cobblestone streets lined with live oaks lead to winding alleys full of charm. The famous Charleston gardens hide behind walls and iron gates, and magnif-icent parks such as White Point Gardens attract visitors from all over the world.

Under Contract

Featured Property

The Robert Trail Chisolm House(c.1838) is one of the most hidden treasures in the highly desirable location of lower Legare Street, and it is uniquely surrounded by some of the most historical and stately homes on the peninsula of Charleston. Previously owned by a well known Charleston family, this is a very rare opportunity to own an .50 acre estate in downtown Charleston which has not been on the market in over 50 years. The property consists of 3 story masonry main house with triple-tiered piazzas that overlook one of the largest and most private gardens in the city.

23 Legare Street5BR/3.5B | 6,155 SqFt



Greenwich, Connecticut7BR/6.5B6,785 SqFt$3,995,000

Sotheby’s International RealtyGreenwich Brokerage

Abbotsford, British Columbia9BR/8B

44,340 SqFt $3,969,022

Sotheby’s International RealtyCanada

Santa Fe, New Mexico7BR/5+B8,500 SqFt

$3,975,000Sotheby’s International Realty

Santa Fe Brokerage

28

81 63 66 58

100 88 81 75

0

50

100

150

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$493,739

$432,734

$459,592

$435,910

$485,623

$433,563

$454,438

$430,166

$457,177

$418,930

$439,600

$419,180 $400,000

$450,000

$500,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$191 $208

$195 $194

$100

$150

$200

$250

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

218

337 329

225

150

250

350

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$457,177

$418,930 $439,600

$419,180

$300,000

$350,000

$400,000

$450,000

$500,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

540

560

580

600

620

640

660

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

2

4

6

8

10

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Mt. Pleasant(South of IOP Connector)Market Facts

Mt. Pleasant is located just north of downtown Charleston, and has many lovely homes in varied price ranges. Originally accessed via ferry and later two bridges, Mt. Pleasant is now a quick zip over the new Ravenel Bridge, completed in 2006. With this ease of access, Mt. Pleasant is quickly becoming the most popular spot for new residents in the Charleston area.

Under Contract

Featured Property

Located in the heart of the Old Village, this beautiful Lowcountry style move-in ready home has fabulous ameni-ties, landscaping, and living spaces. This clapboard house, with no need to be elevated, has a deep porch wrapping

around three sides of the home, flowing right into the magnificently landscaped fenced-in garden. The French doors create an inviting feeling, giving the first floor an open and airy feel. The current owners have done exten-

sive improvements to an already wonderful property, which will be apparent the minute you arrive. There are 4 en suite bedrooms, giving you options for a master bedroom. In the current master bedroom, there is a gas fireplace

and a wood burning fireplace on the first floor. The elegant and spacious kitchen with a large island is perfectly situated to be a part of the open floor plan and looks out towards the yard and screen porch.

603 Royall Avenue4BR/4.5B | 2,900 SqFt



Turtle Cove, Turks and Caicos1BR/1.5B1,500 SqFt$2,000,000

Turks and CaicosSotheby’s International Realty

Rhone-Alpes, France6BR/2+B

4,306 SqFt $1,498,433

Perle du Lac Sotheby’s International Realty

Ibiza, Spain3BR/4.5B2,723 SqFt

$1,498,433Ibiza Sotheby’s

International Realty

30

79 65 60 64

107 98

73

93

50

70

90

110

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Days on Market

Days on Market


$379,112 $370,244

$392,673

$412,925

$360,486 $368,526

$391,662 $396,170

$351,383 $361,047

$383,993 $388,741

$320,000

$340,000

$360,000

$380,000

$400,000

$420,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$141 $148

$155

$100

$120

$140

$160

Q1 2013 Q2 2013 Q3 2013

Price Per Sqft

215 332 372

292

150 250 350 450

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$351,383 $361,047 $383,993 $388,741

$200,000

$250,000

$300,000

$350,000

$400,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

680

700

720

740

760

780

800

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

2

4

6

8

10

12

14

16


Months of Inventory

Mt. Pleasant(North of IOP Connector)Market Facts

Waterways and marsh views are a common thread throughout Mount Pleasant, and life moves in the rhythm with those tidal creeks. One has only to search for homes in the Mount Pleasant area to notice the number of water views and lots looking out on open marsh. Enjoy the South Carolina’s pristine Lowcountry waters and wildlife, while remaining within only minutes of Downtown Charleston in Mount Pleasant.

On the Market

On the Market

It is all about lifestyle with this incredible property. Sit by the pool or take your boat for a cruise down the river. Located on deep water with boat lift and floating dock. Enjoy beautiful sunset views. This Mediterranean Style stuc-co home has many custom features. Among them are a gourmet kitchen to delight any cook with two sinks, Wolfe

6 burner plus griddle stove and two ovens. There is a game room with built in bar, professional outfitted office, media room with large projection TV and surround sound. Elevated pool deck including heated and cooled infinity pool, spa, fire pit, koi pond, outdoor kitchen. Deep water dock with 20 x 20 Pier Head, 30 ft floating dock and boat

lift. For the car collector there is a 3 bay daily use garage plus 7 car storage garage/utility room.

1982 Sandy Point Lane5BR/5+B | 10,500 SqFt



Tel Aviv, Israel3BR/3.5B3,681 SqFt$5,000,000

Israel Sotheby’s International Realty

Bloomfield Hills, Michigan6BR/5+B

8,600 SqFt $4,475,000

SKBK Sotheby’sInternational Realty

Ponte Vedra Beach, Florida7BR/8.5B8,560 SqFt

$4,850,000Manormor Sotheby’s International Realty

32

172 175 156 168

266 235

194

277

100

200

300

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$1,728,222 $1,784,154

$2,015,993 $1,880,833

$1,562,200 $1,716,077

$1,990,279

$1,832,500

$1,470,035 $1,598,854

$1,819,643

$1,631,667

$1,000,000

$1,500,000

$2,000,000

$2,500,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$472

$569 $582

$447

$400

$450

$500

$550

$600

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

9 13 14

6

0

10

20

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$1,470,035

$1,598,854

$1,819,643

$1,631,667

$1,000,000

$1,500,000

$2,000,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

0

10

20

30

40

50

60

70

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

35

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Sullivans IslandMarket Facts

Just past the fabulous shopping and dining in Mount Pleasant sits the historic Sullivan’s Island. This beachfront community is steeped in tradition, and has a deep respect for nature. Homes range in price and run from large beach front mansions to smaller deep water homes accessing the Intracoastal Waterway.

Featured Ad - Charleston Magazine, November 2013

34


843.723.7150DanielRavenelSIR.com

No other real estate firm offers truly global access into these specialized market segments. Byfine-tuning our skills and broadening our reach, we better serve the needs of our clientelewhose properties are among their most priz ed possessions. Visit these sites to see how we areconnecting the most discerning buyers and sellers around the world.

Luxury by Lifestyle

Introducing...WATERFRONT GOLF HISTORIC

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ChasMag_Nov2013_Option3_Layout 1 9/16/13 1:00 PM Page 1

252 241 207 230

290 319

258 320

100

200

300

400

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Days on Market

Days on Market


$915,153

$1,045,342 $1,016,676

$818,745 $825,933

$681,384 $780,184 $764,793

$761,156

$625,349 $715,970 $718,647

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013


Original List Price

List Price

Sold Price

$358 $363 $354

$305

$250

$300

$350

$400

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Price Per Sqft

45 88

162

53

20

70

120

170

Q1 2013

Q2 2013

Q3 2013

Q4 2013

Total Sales

$761,156

$625,349

$715,970 $718,647

$550,000

$650,000

$750,000

$850,000

Q1 2013 Q2 2013 Q3 2013 Q4 2013

Average Sale Price

320

330

340

350

360

370

380

390

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Number of Listings

0

5

10

15

20

25

30

35

Jan

Feb

Mar

Apr

May

Jun Jul

Aug

Sept

Oct

Nov

Dec

Months of Inventory

Isle of Palms &Wild DunesMarket Facts

Isle of Palms is an enchanting beach community with grand man-sion-style, luxury dwellings. Homes on this island range from 5 to 8 or more bedrooms and average 5,000 to 7,000 square feet. Many of the island retreats for sale here sit on an average of 1 to 1.5 acres of land and sclaim their brilliance through subtle colors and grand structure.

On the Market

Featured Property

onderful family home with open floor plan and beautiful natural light on Waterway Island in Wild Dunes. The expan-sive views of the marsh and Intracoastal Waterway create a peaceful setting to enjoy nature from both the inside of this The master bedroom and guest bedroom are on the main floor. The remaining three bedrooms are on the second level. With the open floor plan and views, it’s an ideal floor plan for entertaining. The large lot, which is sep-arated from the marsh by a seawall, may be perfect for adding a pool or additional outdoor entertainment areas. Wild Dunes living offers swim/social, tennis, and golf memberships. The close proximity to the IOP Marina and ocean

allow you to have access to boating and the beach.

24 Waterway Island Drive5BR/4B | 4,726 SqFt



Big Bear City, California4BR/3.5B4,014 SqFt$1,125,000

Wheeler SteffenSotheby’s International Realty

Sun Peaks, British Columbia5BR/5B

3,612 SqFt $1,062,829

Sotheby’s International RealtyCanada

Punta Fuego, Phillipines7BR/6.5B6,135 SqFt

$1,119,049Phillipine


36

Marketing Charleston Worldwide

GolfPropertySIR.com SothebysRealty.com

HistoricPropertySIR.com About Charleston, SC

WaterfrontPropertySIR.com


O: 843.723.7150 | 843.723.7494

Daniel Ravenel Sotheby’s International Realty33 Broad Street

Charleston, SC 29401O: 843.723.7150 | 843.723.7494

www.DanielRavenelSIR.com

q4 2013 market update

Documents

market days

q1 2013q2 2013q3 2013q4

market cumulative days

market updateq4

zthe market

price rangeprovidenciales

south of broad street

list prices