Existing Charleston Home Sales Point Toward a Good Time to Sell!

Posted By Shawn Pillion @ Aug 2nd 2019 10:36am In: Buyer Info

Existing Charleston Home Sales Point Toward a Good Time to Sell!

Charleston Home Sales August 2019

Some Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.

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147 Stono Drive
Charleston, SC

MLS# 19020222 - Residential

LOCATION-LOCATION-LOCATION!! LUXURY WATERFRONT LESS THAN 5 MILES TO DOWNTOWN*X FLOOD ZONE*This extraordinary waterfront home sits on high ground nestled among live oaks on the banks of the Stono River just minutes to downtown Charleston in the highly sought after Riverland Terrace Community on the coveted Stono Drive. The home sits west facing for unrivaled low country sunsets every evening to enjoy from your back yard. Architect, Neal Van Dalen thoughtfully blended sophisticated bright open interior rooms that seamlessly transition into outdoor spaces to thoroughly enjoy the water lifestyle all while capturing water views from nearly every single room.The home offers five bedrooms and four and a half bathrooms in the main home and a one bedroom one bath carriage house apt. Upstairs has four additional bedrooms and a precious reading nook that over looks the upper family room. Easily watch movies or stream TV on the movie sized screen with projector. The expansive outdoor entertaining space is inviting with a saltwater pool and hot tub. The outdoor kitchen is home to a grill, smoker, refrigerator and a commercial grade ice maker that makes approx 80lbs of ice a day for great use on the boat! The dock is short and features "runway" type lighting in the evening and a beautiful covered pierhead with cable and IPE railings.The floater is 40 ft and the boatlift is for 10,000lbs. Other notable features are central vacuum, Sonos sound system inside and outside, monitored security system with exterior cameras. Privacy stucco wall with custom made mahogany gates, including an automated entrance gate. Extensive landscape lighting to accentuate the live oaks and gardens throughout the property. Custom Hurricane panel system for all windows and doors!

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