Tag: charleston real estate
Ask any resident of the Holy City, “Is Charleston, SC, a good place to live?” and you’re sure to be greeted with resounding affirmative responses. But, there are many factors to consider before moving to a new area. Generally speaking, Charleston is one of the best places to live in the country. In fact, the city has received an extensive list of accolades over the last decade, topping Travel + Leisure’s Best U.S. Cities since 2013. But, before permanently relocating, you should have a good understanding of the city, its culture, climate and cost of living to ensure it will be the best fit for your lifestyle.
Fortunately, Charleston has an abundance of beautiful areas to reside–from the bustling downtown homes to the beachside Isle of Palms real estate. Learn more about this flourishing coastal town in South Carolina and figure out which area your new dream home will be located.
What Is Charleston Like?
Perhaps one of the most enticing reasons to move to Charleston is the gorgeous weather year-round. The summers may reach scorching temperatures from time to time, but the winters are mild and pleasant. Plus, with so many beaches and outdoor water activities in the area, it’s easy to escape the summer heat while enjoying all the city has to offer. On average, the temperatures usually remain between the low 50s and 70s in the fall and spring, dropping down briefly to the mid-40s in the winter and rising back up to the 80s and 90s in the hottest of the summer months. With such a temperate climate, it’s no surprise an abundance of outdoorsy adventurers and beach bums gravitate towards this sunny little city.
Charleston, SC, is one of the greatest culinary destinations in the country right now with new restaurants popping up all the time. Many travelers come to the area to experience authentic Southern cooking, but stay for the surprising variety of cuisines available from classic French cooking to Sichuan joints. Of course, if you’re looking for good Carolina barbecue, you’ll have no trouble finding smoked meats from some of the most renowned pit masters in the state like Rodney Scott, but the adventurous eater will love all the other options available for exploring.
Though the downtown area has the greatest concentration of high-quality restaurants, you’ll find delectable dining throughout the area–from unexpectedly divine hidden fish shacks like Bowens Island Restaurant to decadent dining experiences at places like The Obstinate Daughter on Sullivan’s Island. Believe us, you’ll never be hungry when you’re living in Charleston.
Originally part of the first 13 British colonies, Charleston and the surrounding areas have a deep, rich history that spans from the Revolutionary War through modern times.
Although some of the city’s past is dark, with slavery playing a major role in the pre-Civil War economy, Charleston has become a flourishing, progressive hub of forward thinking and modernity. From the mix of historical events that can take place here, including pirate endeavors and the creation of the first playhouse in the country, there is so much unique history to learn and experience.
The Outdoor Activities
With such beautiful year-round weather, it’s no surprise Charleston is an outdoor enthusiast’s dream place to live. Avid golfers look for Kiawah Island homes for sale to stay close to some of the top-rated championship courses in the country, while others prefer the bohemian vibe of Folly Beach. You’ll find exciting things to do in nearly every corner of Charleston. Visit the Francis Marion National Forest for a daytime hike along the Palmetto Trail, a cross-state trail that extends 350 miles with the goal of expanding to 500 miles. The Caw Caw Interpretive Center is another resource for experiencing and learning more about the Lowcountry’s environment and the beautiful creatures that inhabit it. And, in Charleston, anytime is a good time to go to the beach.
Downtown Charleston is home to some unique and very specific styles of architecture, ranging from Colonial and Federal styles to Classical Revival and even Art Deco. With more than 2,800 historic buildings, the area is teeming with unique designs and stories to match. You could spend days exploring the streets of downtown, discovering new, incredibly built houses. One of the most admired styles is the traditional Charleston Single, which is typically a two-story home featuring a covered porch off the side of both stories, a setup unique to Charleston developed prior to modern air conditioning to allow for air flow in the scorching summers.
The Best Areas to Live in Charleston, SC
If you’re still wondering, “Is Charleston, SC, a good place to live?” then you’re asking the wrong questions. Charleston is one of the most beautiful places to live along the coastline, and it encompasses so many different areas that there are plenty of different types of environments to choose from.
Most downtown residents consist of college students, young professionals or wealthy adults, with the South of Broad area being home to some of the richest residents in the area. The remainder of the peninsula welcomes the younger population, with many young families choosing to find homes further up the neck in the Wagener Terrace area. Close to Hampton Park and filled with adorable cottage-style homes, Wagener Terrace is close enough to the action of downtown while keeping a safe distance from the noisy bars and restaurants.
Just over the iconic Arthur Ravenel Jr. Bridge, you’ll find yourself in Mount Pleasant. In the last 10 years, this town has grown exponentially as more people fall in love with Charleston and decide to relocate here. Regardless of what area you’re in, Mount Pleasant allows you to remain fairly close to downtown while having a more suburban surrounding. There are two beaches in Mount Pleasant—Sullivan’s Island and Isle of Palms—so you have plenty of options when it’s time to hit the shore.
For families looking to move to the area, Mount Pleasant is highly touted as having many of the best public schools in the entire state, a much sought-after characteristic. Enjoy spending your weekends walking through the outdoor town center, lounging by the beach or taking a walk over the bridge for unparalleled views of the surrounding area.
Heading southwest of downtown, the opposite direction of Mount Pleasant, you’ll discover James Island, home to the charming little area of Folly Beach. Known as the Edge of America, this shoreside locale is known for being a bit more bohemian than the other beaches in the area, but nonetheless a favorite haunt for locals and visitors alike. Here, you’ll discover hidden gems of the culinary world like Jack of Cups Saloon and Chico Feo. You can opt to take a sunset walk along the pier, or drive farther down the beach to the Lighthouse Inlet Heritage Preserve, a more secluded area of the beach where you can marvel at unique graffiti drawings and the abandoned Morris Island Lighthouse.
This area of Charleston was named for its geographical location as west of the Ashley River, which is also directly west of downtown. This charming town has plenty to offer, including proximity to downtown and its own hopping little area known as Avondale where you can explore funky tiki bars like Voodoo and even the oldest bar in Charleston, Gene’s Haufbrau. Though this area of Charleston is mainly residential, residents have easy access to the Citadel Mall, Magnolia Plantation and Gardens and Johns Island’s Angel Oak Tree.
Located in North Charleston, Park Circle is a short 15-minute drive from downtown. Considered a trendy, up-and-coming neighborhood, Park Circle is home to young professionals and families. The strip of bars, restaurants and shops along E. Montague Ave. is the hub of this charming neighborhood, along with the adjacent Spruill Ave. businesses like brunch spot The Junction and the new Chinese-American joint called Jackrabbit Filly. Living in this area allows easy access to nearly every area of the city from downtown to the many beaches, while also harboring its own unique little culture of art and food.
Considered slightly more rural than other parts of Charleston, Johns Island is a gorgeous area surrounded by typical Lowcountry scenery of marshlands and live oaks draped in Spanish moss. The island itself is home to the Angel Oak Tree, what is believed to be one of the oldest living trees east of the Mississippi, as well as renowned restaurants, the Fat Hen and Wild Olive, and the charming Low Tide Brewing. From this location, you’re just a short drive to the James Island music venue called the Pour House as well downtown.
As you move farther away from the city, you’ll begin to feel more entangled in the natural landscape of the Lowcountry. Seabrook Island is only about a 45-minute drive from downtown Charleston, but offers serene backdrops of marshlands and the quiet relaxation of the barrier islands. Here, you’ll be close to the many championship golf courses on Kiawah Island, while remaining slightly closer to the city of Charleston. One of the major differences between Kiawah and Seabrook is that Kiawah is a gated community. Some people prefer this type of privacy, while others find getting guests and visiting relatives in and out of a gated community to be a bit of a burden.
For those who love outdoor adventure, this area might be a better fit as the island’s surroundings are ideal for kayaking, paddleboarding, horseback riding and much more. If you’re in the market for a boat or you already own one, the advantage to living so close to the water is clear. And, with such a gorgeous climate, you’re able to sail across the water almost any time of the year. Just imagine a New Year’s Eve sunset boat ride before the festivities begin.
As the barrier island located right next to Seabrook Island, Kiawah is similar in surroundings with lush live oaks flourishing across the island and thriving marshlands providing homes for the unique Lowcountry wildlife. For those who are interested in birdwatching or other types of wildlife observation, the island is the perfect environment for such endeavors. You can visit the Beachwalker Park or Night Heron Park to look for native species or simply enjoy the surroundings.
While Kiawah Island is a bit farther south than Seabrook, it is still under an hour from Charleston, making it possible to take a day trip into the city at any given moment. But, the island itself provides a variety of entertainment options as well as top-notch dining available at The Ocean Room and lovely cocktails at the Ryder Cup Bar. For golf lovers, this island is truly a paradise with access to five public courses and two private courses, many of which have been created by top golf designers and offer a challenge to players of all skill levels.
If you’re looking for Kiawah Island homes for sale, you’ll find a plethora of gorgeous properties that offer privacy and proximity to desirable activities nearby. Anyone looking for a slower pace of life will be attracted to the atmosphere of Kiawah.
Experience the Lowcountry Life
People who haven’t visited the area often wonder, “Is Charleston, SC, a good place to live?” and the answer is a resounding, “Yes.” Between the uniquely gorgeous natural landscape, abundance of activities and world-class culinary dining, what more could you ask for? If you’re thinking about relocating and looking for Seabrook Island real estate or property in the surrounding areas, consider the activities you’d like to be closest to. Seabrook and Kiawah offer the serenity of quiet island living, while areas closer to downtown Charleston provide the bustle of a small city and the promise of nightlife. Browse some of the available properties in the area and inquire with Dunes Properties to learn more about your next dream home.
How long can the residential real estate market go on like this? We are about two years into a national trend of dropping housing supply and increasing median sales prices. There are some regional variations to the story, but the shift to a predominantly seller’s market is mostly complete. Multiple-offer situations over asking price are commonplace in many communities, and good homes are routinely off the market after a single day. It is evident that a favorable economy keeps hungry buyers in the chase.
Market Statistics by Area
Market Statistics by Area
We can comfortably consider the first quarter to have been a good start for residential real estate in 2017. There was certainly plenty to worry over when the year began. Aside from new national leadership in Washington, DC, and the policy shifts that can occur during such transitions, there was also the matter of continuous low housing supply, steadily rising mortgage rates and ever-increasing home prices. Nevertheless, sales have held their own in year-over-year comparisons and should improve during the busiest months of the real estate sales cycle.
The U.S. economy has improved for several quarters in a row, which has helped wage growth and retail consumption increase in year-over-year comparisons. Couple that with an unemployment rate that has been holding steady or dropping both nationally and in many localities, and consumer confidence is on the rise. As the economy improves, home sales tend to go up. It isn’t much more complex than that right now. Rising mortgage rates could slow growth eventually, but rate increases should be thought of as little more than a byproduct of a stronger economy and stronger demand.
Charleston Market Statistics through February2017
As we evaluate the final quarter of 2016 (so far), not much has changed since the year began. Market predictions have been, in a word, predictable. A relatively comfortable pace of activity has been maintained thanks to continuing low unemployment and mortgage rates. The one basic drag on market acceleration has been inventory decline, and there is little to indicate that the low inventory situation will resolve anytime soon.
Market Stats through October 2016
As anticipated at the outset of the year, demand has remained high through the first three quarters of 2016, propping up sales and prices despite heavy reductions in inventory and months of supply across the country. With rental prices and employment opportunities in a consistent climb, year-over-year increases in home buying are probable for the rest of the year but not guaranteed.
Market Stats through September 2016
Nestled in between Charleston’s historic Station 8 firehouse and James Simmons Elementary, this 1920’s home keeps its original charm while hosting a new, functional, open and airy floor plan. Completely renovated this year, down to the studs with a new roof, hardie plank siding, plumbing, electrical, HVAC and duct work, spray foam insulation, foundation, windows (with one original in hallway), flooring, doors, hardware, and a back deck for entertaining. The kitchen features large, granite island and countertops, farmhouse sink, and is open to the living space. Each bedroom has their own full bath. There is off street parking for one car. The large back lot allows room for a future master suite expansion or for a storage building. Contact Emily Gildea, REALTOR for more details.
Charleston-area home sales increased in August after dipping for the first time in five years in July. Conventional wisdom indicates that year-over-year declines may be present for the remainder of the year, given the low inventory situation in most markets. Demand is certainly present and has created competitive situations that have kept prices up. Rental prices are also up, which may lure more toward home ownership.