Happy October! This month is my absolute favorite in Charleston – the weather is cool, the skies are incredibly blue and the sunlight is clean and merry. I went to my first oyster roast of the season last weekend and enjoyed some salty/sweet clusters, right from our Lowcountry waters. Hooray! Enjoy this month’s newsletter and please let me know if you have any questions. You’ll find real estate news, info about new renovations in the City proper and a mention of an exciting upcoming event on November 22nd.
Kind regards,
Kristin Walker
Charleston Home Sales for September up 6% from 2008
October 15, 2009 – Home sales in the tri-county bounced back in September, increasing 6% from August to 697 sales closed. The numbers are still lower than June and July’s numbers, which were 796 and an adjusted 779, respectively, but up 7% compared with September 2008
Home Prices Falling Further in 2010 – But not in Charleston?
October 20, 2009 - I saw this article on CNN Money today entitled “Homes About to Get Much Cheaper” with drastic falls in prices predicted for the majority of 381 Metro Areas. My heart sank for home sellers. more…
September Statistics for Downtown Charleston
For all you statistics junkies, here is a PDF from the Charleston Trident Association of Realtors that shows the latest numbers for September. It looks like Homes are actually doing well comparing 2009 to 2008, showing an increase in number of sales and a reduction in the number days on the market. And the average prices of condos have fallen. I think they are now at a more reasonable level since two years ago, there were some people trying to get New York City prices!!
Sold Downtown September 22-October 21, 2009 (and another 47 are currently under contract)
Please note that if you’d like details for other areas, just let me know and I’d be happy to pull them for you.
2907733 - Details: 33 PITT ST, #7, CHARLESTON, SC – $154,900
2915989 - Details: 206 ASHLEY AVE, #A, CHARLESTON, SC – $165,000
2901278 - Details: 14 LOCKWOOD DR, #7J, CHARLESTON, SC – $232,000
2907872 - Details: 23 QUEEN ST, #A, CHARLESTON, SC – $250,000
2826082 - Details: 206 ASHLEY AVE, #D, CHARLESTON, SC – $255,000
2826086 - Details: 206 ASHLEY AVE, #B, CHARLESTON, SC – $255,000
2915110 - Details: 49 ASHE ST, CHARLESTON, SC – $355,000
2807476 - Details: 21 GEORGE ST, #107, CHARLESTON, SC – $465,000
2916373 - Details: 75 TRADD ST, CHARLESTON, SC – $1,200,000
2905831 - Details: 4 WENTWORTH ST, CHARLESTON, SC – $1,200,000
2924271 - Details: 10 KING ST, CHARLESTON, SC – $2,100,000
2818439 - Details: 107 CHURCH ST, CHARLESTON, SC – $2,150,000
Or
Click Here to go view all listings at once.Charleston in the News
October 13, 2009 - A $5 million, top-to-bottom renovation of downtown Charleston’s historic City Market is set to begin in January, officials said today.
The makeover to the landmark buildings will include new roofs, floors, electrical wiring and paint; the addition of ceiling fans, security cameras and bathrooms; and repointing historic bricks, said Hank Holliday, a partner with City Market Preservation Trust.
Union Pier Cruise Terminal to undergo Revitalization
October 8, 2009 – The S.C. State Ports Authority officially kicked off its Union Pier cruise terminal revitalization today with a news conference and a public tour of the site. “This project has the potential to provide a world-class cruise terminal that conforms to current security requirements, while also enhancing this area of the downtown Charleston waterfront for Charleston residents and our visitors,” said SPA chief Jim Newsome.
November Events
This event isn’t even officially announced yet because we just got approval from Mayor Riley yesterday (this is one of my special projects), but Sunday November 22nd we are holding the very first “Do The Charleston!”. King St will be closed down to cars from Calhoun to Broad St and people of all kinds are invited to dance, prance and ride the streets. Shops will be open and restaurants will have sidewalk dining galore. I’d love to see you there!! Our website is not even launched yet, but stay tuned to http://www.dothecharleston.com/ for all the details.
The latest from my blog Charleston InsideOut
For years I have complained that there just wasn’t a good jazz club in Charleston. How could a lively city such as this be bereft? Well, times-they-are-a-changin’ and the Charleston Jazz scene is picking up its tempo.
Thank you for our enjoyable exchanges. Until next time…..Kristin