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The successful release of a new collection of homesites in the country club neighborhood of Daniel Island Park last week indicates that demand for residential property on Daniel Island remains strong. On May 10, Daniel Island Real Estate released 36 lots with deepwater, golf, marsh and park views. Framed by Ralston Creek and the Daniel Island Club’s newly opened, Rees Jones-designed Ralston Creek golf course, the release represented the island’s first offering of deepwater sites in over two years. Prices ranged from $350,000 for interior sites to $2.25 million for deepwater sites with shared or private docks. All but four of the 36 homesites were sold on the morning of the release, totaling over $25 million in gross sales.
The successful release of a new collection of homesites in the country club neighborhood of Daniel Island Park last week indicates that demand for residential property on Daniel Island remains strong. On May 10, Daniel Island Real Estate released 36 lots with deepwater, golf, marsh and park views. Framed by Ralston Creek and the Daniel Island Club’s newly opened, Rees Jones-designed Ralston Creek golf course, the release represented the island’s first offering of deepwater sites in over two years. Prices ranged from $350,000 for interior sites to $2.25 million for deepwater sites with shared or private docks. All but four of the 36 homesites were sold on the morning of the release, totaling over $25 million in gross sales.
When it comes to the local housing market, don’t let the numbers fool you.
True, there are more real estate listings on Daniel Island than ever before. And yes, the average days a house stays on the market has increased from mere hours years ago to between 30 to 60 days or longer today. But if a recent record-breaking contract is any indication, this island town remains a powerful force in real estate both locally and nationally. According to Dan Kingsbury, Vice President of Sales and Broker-In-Charge for Daniel Island Real Estate, the company has its first pre-construction custom home and lot contract signed for $6 million, putting the island in a league with hot property zones like the Charleston Peninsula.
When it comes to the local housing market, don’t let the numbers fool you.
True, there are more real estate listings on Daniel Island than ever before. And yes, the average days a house stays on the market has increased from mere hours years ago to between 30 to 60 days or longer today. But if a recent record-breaking contract is any indication, this island town remains a powerful force in real estate both locally and nationally. According to Dan Kingsbury, Vice President of Sales and Broker-In-Charge for Daniel Island Real Estate, the company has its first pre-construction custom home and lot contract signed for $6 million, putting the island in a league with hot property zones like the Charleston Peninsula.
When it comes to the local housing market, don’t let the numbers fool you.
True, there are more real estate listings on Daniel Island than ever before. And yes, the average days a house stays on the market has increased from mere hours years ago to between 30 to 60 days or longer today. But if a recent record-breaking contract is any indication, this island town remains a powerful force in real estate both locally and nationally. According to Dan Kingsbury, Vice President of Sales and Broker-In-Charge for Daniel Island Real Estate, the company has its first pre-construction custom home and lot contract signed for $6 million, putting the island in a league with hot property zones like the Charleston Peninsula.
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