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Daniel Island Real Estate Market Overview
In September 2024, Daniel Island's housing market experienced a slight softening, with home prices decreasing by 2.5% compared to the previous year, bringing the median sale price to $1.4 million. Homes are now taking longer to sell, averaging 67 days on the market compared to 54 days last year, indicating a more cautious pace among buyers. Despite this slowdown, transaction volume has increased, with 85 homes sold in September, up from 72 in the same month last year. This combination of lower prices, longer days on the market, and higher sales volume may suggest that Daniel Island is attracting more buyers at a slightly more affordable price point, creating a balanced environment between supply and demand.
The Daniel Island housing market is moderately competitive, with homes typically selling in around 70 days. While the average home tends to sell about 3% below the list price, some properties are receiving multiple offers, indicating demand for certain types of homes or locations on the island. "Hot" homes, which are particularly desirable, can sell closer to the list price and go pending in approximately 42 days. This mix of demand means well-priced, appealing homes can move quickly, while others may allow for buyer consideration and negotiation, creating opportunities for both buyers and sellers in the market.
Opting for real estate on Daniel Island, SC, is an excellent choice for those seeking a harmonious blend of upscale living and natural beauty. Renowned for its well-planned community layout, Daniel Island offers a diverse range of properties, from luxurious waterfront estates to charming townhomes, all set against a backdrop of stunning marshlands and rivers.
The island's tight-knit community vibe, combined with its ample amenities such as top-notch golf courses, tennis facilities, and miles of walking trails, makes it an ideal place for families and individuals alike.
Additionally, its proximity to Charleston provides the cultural and historical richness of a major city while retaining a peaceful, suburban feel. The moderately competitive market with options for both fast-moving and more deliberate purchases makes Daniel Island a compelling location for discerning homebuyers.
If you have any questions or if you're considering buying a property in the charming Daniel Island area, I'm here to help. Contact me today to start your journey towards finding your perfect home in this delightful community. Whether you're seeking information or ready to take the next step, I'm just a message or call away. Let's turn your Daniel Island dream into a reality!
Discover the charm and lifestyle that make Daniel Island, SC, a sought-after community! Our Daniel Island neighborhood guide offers an in-depth look at everything this beautiful area has to offer—from scenic parks and waterfront views to vibrant dining and shopping options. Whether you're considering a move or simply curious about this unique island community, our guide provides all the insights you need to envision life here.
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701 E Bay St., #513,Get to Know Kim Meyer
Kim still has the same passion for the Lowcountry that she had when she first arrived and loves to share that with a great enthusiasm with her clients who have now become dear friends. Charleston is a special place and Kim is always honored to share and educate those who want to call it home.