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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What is going on with home sales on the Upper Peninsula??

What is going on with home sales on the Upper Peninsula??

A whole heck of a lot. That’s what. The Upper Peninsula is defined as the area North of the Crosstown (Highway 17) and South of Heriot Street (basically) and includes the neighborhoods of the Westside, Hampton Park Terrace, Wagener Terrace, North Central, Longborough, Lowndes Pointe and parts of the Eastside. Home sales in this area recently have been out of this world – so much so, that I have started skulking around at homes under renovation to see if I can help my clients get a jump on them before they even come on the market.

So if you are looking for a mostly renovated, completely renovated, or a new construction home under $500,000 here, you better be ready to jump.  Here are the numbers for your statistical enjoyment.

10 homes sold in the past month.

+

22 homes on the market.

+

22 homes under contract.

EQUALS

2 months of housing inventory = Sellers Market

So you ask – what do I think is driving all this activity??

  1. It’s an extra hot real estate market this year.
  2. People are realizing they don’t have to cross a bridge to live in a great neighborhood at a reasonable price.  And there’s so much history!
  3. Hampton Park is pretty spectacular.
  4. Upper King Street is, well, moving on up.  This makes these neighborhoods just a stroll or a quick bike ride away from some of the best restaurants and shops in town.
  5. Small local businesses are flocking to the area around Upper Meeting and North Morrison Drive (“NoMo” for short) for inexpensive commercial lease rates and short commutes. SIB just announced this morning that they are moving their headquarters to NoMo from Meeting St south of Calhoun St.
  6. Restaurants and bars are opening here slowly but surely. Bob Carter’s Rutledge Cab Co. at the corner of Rutledge and Mount Pleasant is packed – all the time. As is Santi’s and The Tattooed Moose.
  7. The schools are improving.  Not only are they being rebuilt, but also they are being rethought.  For example, the James Simons Elementary School will become partly Montessori.
  8. Overall, there’s a great sense of community, with community-driven change.  People are passionate about this area and spend their time working together to improve it.

So let’s take a look at the homes under contract and how long they lasted before they had a contract. That will give you a good idea of demand for the Upper Peninsula! Note that some of them had been on and off the market for years, and as soon as they came back up recently and were priced right, they were under contract.

MLS# 1204829- 18 FRANCIS ST, CHARLESTON, SC – $209,000 – 109 Days.

1224717 -311 ST PHILIP ST, CHARLESTON, SC – $239,000 – 92 days. (This and the other St. Philip addresses are the new construction homes in the nook of the King Street off-ramp from 17)

1224796 -301 ST PHILIP ST, CHARLESTON, SC – $239,000 – 48 days.

1222925 – 75 SIMONS ST, CHARLESTON, SC – $259,000 – 145 days. (also new construction)

1224794 –  307 ST PHILIP ST, CHARLESTON, SC – $265,000 – 0 days.

1224795 –  305 ST PHILIP ST, CHARLESTON, SC – $265,000 – 20 days.

1224831 –  0 FISHBURNE ST, CHARLESTON, SC – $269,000 – 22 days. (Also part of King St off-ramp project)

1224829 – 302 ST PHILIP ST, CHARLESTON, SC – $269,000 – 1 day.

1304868 – 235 FISHBURNE ST, CHARLESTON, SC – $295,500 – 6 days. (Though it was on and off the market since July 2010)

1224792 –  309 ST PHILIP ST, CHARLESTON, SC – $299,000 – 0 days.

1224793 – 303 ST PHILIP ST, CHARLESTON, SC – $299,000 – 2 days.

1301297 –  1007 ASHLEY AVE, CHARLESTON, SC – $299,900 – 4 days. (Though on and off the market since July 2012)

1301171 –  81 GORDON ST, CHARLESTON, SC – $300,000 – 28 days.

1225650 –  203 SAINT MARGARET ST, CHARLESTON, SC – $306,900 – 90 days.

1300787 – 163 MAPLE ST, CHARLESTON, SC – $324,000 – 0 days.

1304620 –  31 DUNNEMANN AVE, CHARLESTON, SC – $369,000 – 7 days.

1304375 – 12 CLEVELAND LN, CHARLESTON, SC – $369,900 – 14 days.

1213573 –  368 ASHLEY AVE, CHARLESTON, SC – $379,000 – 250 days.

1304476 – 109 FISHBURNE ST, CHARLESTON, SC – $412,000 – 2 days.

1303548 –  101 SAINT MARGARET ST, CHARLESTON, SC – $424,000 – 21 days. (Though on and off the market since April 2010)

1303287 – 76 MAPLE ST, CHARLESTON, SC – $426,500 – 20 days.

1302095 –  176 SAN SOUCI ST, CHARLESTON, SC – $429,900 – 19 days.

And the sunset views over the Ashley River from the fishing dock at Longborough, aren’t too bad either…:)

sunset over ashley river dunes properties

Kristin Walker

You can find me at  Charleston Inside Out or riding my bike all over downtown Charleston.

(843) 412-3333 | kwalker@dunesproperties.com

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