About dunes properties of Charleston

dunes properties of Charleston is a real estate, vacation rental and property management company representing the Lowcountry with almost 80 exclusive Charleston beach vacation rental properties, 70 real estate agents and employees, four full-service offices. Nobody knows the Charleston Coast better.

Isle of Palms Office

1400 Palm Boulevard
Isle of Palms, SC 29451
843.886.5600

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Folly Beach Office

31 Center Street
Folly Beach, SC 29439
843.588.3800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


The Real Estate Studio

214 King Street
Charleston, SC 29401
843.722.5618

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Kiawah Seabrook Office

1887 Andell Bluff Boulevard
Johns Island, SC 29455
843.768.9800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


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Is there a Sellers Market in Morgan Place, Wild Dunes?

Is there a Sellers Market in Morgan Place, Wild Dunes?

By Donnie Whitaker, dunes properties Real Estate Agent | 843.607.0954
Morgan Place, wild dunes, dunes properties Deepwater Homes at Morgan Place
Ok, so maybe I am getting a little ahead of myself, but facts are facts. We know limited supply creates demand, and in Morgan Place thats what you have.  Over the last few years, you could always expect there to be at least 5 homes to choose from in this section of Wild Dunes.  Until recently, those homes would sit for some time, simply because the buyers weren’t there, or lets be honest, asking prices were to high.

Things change though, and as of today, 49 Morgan Place is the only home listed for sale. Two weeks ago there were three, but last week, 4 Morgan Place and 14 Morgan Place went under contract. One of them was only on the market for a couple of weeks.

Now, we know in a sellers market, home prices tend to move upward.  I don’t think this means we will see prices soar like they did from 2005 to 2007 (any increase will be gradual), but, with a limited supply, and proof of demand in the pudding (evidenced by two contracts last week), sellers just might have a window to demand more than they could, not so long ago.

I have to say it feels good to dust off the saying, sellers market, although it may be a little to early.  Or maybe not?

– Donnie Whitaker, dunes properties Real Estate Agent | 843.607.0954

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