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2014 YEAR END REPORT

2014 Year End Report

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Page 1: 2014 Year End Report

2014YEAR END REPORT

Page 2: 2014 Year End Report

Destination: Charleston

Page 3: 2014 Year End Report

THE MARKET IN THE CHARLESTON AREA

Page 4: 2014 Year End Report

444

371

300

350

400

450

2013  Avg   2014  Avg  

Total  Sales  

$271,123

$300,090

$150,000

$225,000

$300,000

$375,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$129 $145

$50

$100

$150

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

7082

113130

0

50

100

150

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$279,917

$332,688

$278,032

$325,989

$271,123

$311,374

$100,000

$200,000

$300,000

$400,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Johns Island & Wadmalaw Market Facts

A stunning contrast to more developed areas of Charletson, Johns Island is truly a diamond in the rough. One only needs to drive the lovely scenic roads to discover the charm of its maritime forests and unspoiled natural beauty. The second largest island on the East Coast (second only to Long Island NY), Johns Island was traditional-ly a planting community for early settlers of Charlestowne.

Page 5: 2014 Year End Report

On the MarketFeatured Property

Magnifi cent deep water estate situated on 3 acres of pristine high land. Built in 2005, this home boasts numerous green features including Energy Star appliances, high impact windows and doors, and remarkably low utility bills. With beautiful landscaping and long marsh and country views, the property is enhanced by the location directly on the ICW with a full 8 feet of water at low tide. A large formal living room and separate dining room grace the main level along with the gourmet eat-in-kitchen with top of the line appliances. The second level offers a sprawling master with private deck and porch access, as well as an ample sun-fi lled offi ce and additional guest suite. This home is located in the well known deep water community of Martins Point, part of the Lowcountry Land Trust, which offers walking and biking trails, a community pond, boat storage, and a boat ramp accessing the Wadmalaw River.

1168 Pilot Boy3BR/3.5B | 4,872 SqFt

$2,395,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Whitefi sh, Montana4BR/4.5B

6,400 SqFt$3,000,000

GlacierSotheby’s International Realty

Brookville, New York5BR/5.5B

6,115 SqFt$2,100,000Daniel Gale

Sotheby’s International Realty

Canary Islands, Spain9BR/7B

5,274 SqFt $2,322,454

Canary IslandsSotheby’s International Realty

5

Page 6: 2014 Year End Report

736

863

600

700

800

900

2013  Total   2014  Total  

Total  Sales  

$263,418

$284,902

$150,000

$250,000

$350,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$141 $149

$50

$100

$150

$200

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

73 68

90 88

25

45

65

85

105

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$282,121

$301,228

$274,388

$294,717

$263,418

$284,902

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

$320,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

James Island Market Facts

A well established community, James Island is a large island west of downtown Charleston, separated from West Ashley by the Stono River. This area offers a large selection of moderately priced single family homes, as well as apartments and condominiums. In explor-ing James Island, one will fi nd numerous gems with deep water docks, along with moderately sized homes framed by ancient oaks and magnolia trees.

Page 7: 2014 Year End Report

On the MarketFeatured Property

Pride of ownership shows in this updated family-friendly home, which has been meticulously maintained. The property sits on a large well-kept lot and is located in an X fl ood zone, so no fl ood insurance is required. The back of the lot has a wooded buffer, providing backyard privacy. The HVAC was replaced in 2014, and all new, energy-effi cient windows were installed in 2009 and a new water heater was installed in 2013. The eat-in kitchen, with travertine stone fl oors, opens up to the living room, with the two rooms separated by a breakfast bar. Beautiful new hardwood fl oors have been installed in the living room and down the hall leading to the home’s three bedrooms. The master bedroom features an attached master bath with concrete vanity and a tiled walk-in shower.

1027 Yorktown Drive3BR/2B | 1,148 SqFt

$219,900Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Vero Beach, Florida3BR/3B

1,765 SqFt$250,000

Prominent PropertiesSotheby’s International Realty

North Las Vegas, Nevada3BR/2.5B

1,533 SqFt$195,000Synergy

Sotheby’s International Realty

Santa Fe, New Mexico3BR/2B

1,100 SqFt $235,000

Sotheby’s International RealtySanta Fe - East Palace

7

Page 8: 2014 Year End Report

498 507

400

500

600

2013  Total   2014  Total  

Total  Sales  

$231,262

$248,305

$150,000

$225,000

$300,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$129

$140

$100

$120

$140

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

81 7591 98

25

75

125

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$277,304 $274,974

$242,643

$259,470

$231,262

$248,305

$200,000

$250,000

$300,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

West Ashley(inside 526)Market Facts

West Ashley is located across the Ashley River, to the west of Downtown Charleston. One of the early suburban developments in the area, West Ashley offers a number of historic neighborhoods built in the mid 20th century. Well located, being just minutes from downtown, West Ashley offers an array of moderately priced, often brick homes on ample sized lots, some on the water with marsh views.

Page 9: 2014 Year End Report

9

On the MarketFeatured Property

Quintessential family brick home in Wappoo Heights. Renovated down to the studs in 2002, this home is in excellent condition and boasts a very user-friendly, spacious fl oor plan with a large central hall downstairs and a spacious open hall upstairs - a rarity! The kitchen is fi t for the best of cooks with stainless and granite and a large island in addition to a seated breakfast counter for kids! The kitchen spills into a large family room and has French doors overlooking a large fenced patio and private yard framed by majestic oaks. Upstairs the master suite has it all; vaulted ceilings, two large his/her walk-in closets, a sitting area and a luxurious bath. The two very ample sized secondary bedrooms share a jack and jill while the fourth bedroom (carpeted for baby) has it’s own full bathroom. Master bedroom curtains convey. Ample parking, separate kids rec. room in backyard cottage and plentiful sunshine throughout make this property perfect!

7 Palmetto Road4BR/3.5B | 3,976 SqFt

$1,195,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Montclair, New Jersey6BR/3B

4,030 SqFt$1,249,000

Prominent PropertiesSotheby’s International Realty

Longwood, Florida5BR/5.5B5,297 SqFt$1,165,000

StirlingSotheby’s International Realty

Uzes, France6BR/2+B4,843 SqFt$1,210,121

UzesSotheby’s International Realty

Page 10: 2014 Year End Report

542

402

250

350

450

550

2013  Total   2014  Total  

Total  Sales  

$774,348

$883,364

$500,000

$750,000

$1,000,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$360

$388

$250

$300

$350

$400

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

175

134

215  

163  

100

150

200

250

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$875,955

$1,037,717

 $828,229    

 $906,075    

 $774,348    

 $858,658    

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

$1,100,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Charleston Peninsula(Below Crosstown)Market Facts

Located on a peninsula between the Ashley and Cooper Rivers, Downtown Charleston is a bustling pedestrian city full of artists, businesspeople, students, and families. Cobblestone streets lined with live oaks lead to winding alleys full of charm. The famous Charleston gardens hide behind walls and iron gates, and magnif-icent parks such as White Point Gardens attract visitors from all over the world.

Page 11: 2014 Year End Report

Successfully MarketedFeatured Property

Listings Around the World in this Price Range

Aegina, Greece6BR/4.5B3,659 SqFt$2,322,454

GreeceSotheby’s International Realty

New Orleans, Louisiana5BR/4.5B

7,609 SqFt $2,195,000

Dorian BennettSotheby’s International Realty

Bradenton, Florida4BR/3.5B4,944SqFt

$2,249,000Premier

Sotheby’s International Realty

11

Built in 1810 by master carpenter Samuel Edward Axson, this traditional Charleston single features a fl exible fl oor plan with high ceilings and beautiful woodwork throughout. This outstanding house sits on a double lot with side porch overlooking a magnifi cent Loutrel Briggsgarden featuring a fountain, formal section, covered patio and green space. Additional features include a cypress paneled library, double staircases, tons of natural light, and an abundance of off-street parking.

4 Greenhill Street4BR/3+B | 4,235 SqFtSold For $2,240,000

Daniel Ravenel Sotheby’s International Realty

Page 12: 2014 Year End Report

1,109

1,040

1,000

1,050

1,100

1,150

2013  Total   2014  Total  

Total  Sales  

$346,977

$365,781

$300,000

$350,000

$400,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$158 $167

$100

$150

$200

$250

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

67 67

8679

40

50

60

70

80

90

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$455,494

$478,359

$450,947

$469,364

$433,722

$457,226

$400,000

$420,000

$440,000

$460,000

$480,000

$500,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Mt. Pleasant(South of IOP Connector)Market Facts

Mt. Pleasant is located just north of downtown Charleston, and has many lovely homes in varied price ranges. Originally accessed via ferry and later two bridges, Mt. Pleasant is now a quick zip over the new Ravenel Bridge, completed in 2006. With this ease of access, Mt. Pleasant is quickly becoming the most popular spot for new residents in the Charleston area.

Page 13: 2014 Year End Report

On the MarketFeatured Property

Built in 1903, this ‘’Old Village’’ historic and treasured home enjoys a seascape of marsh and overlooks the dock and shrimp boats on Shem Creek. Located on the corner of Live Oak Drive and Bennett Street, this sought-after-location features a large and private yard, perfect for outdoor activities and animal lovers. Surrounded by a picket fence, this red tin roof house has a welcoming front porch, beautiful pine hardwood fl oors throughout, two fi replaces, and a back deck capturing the sea breezes. Less than fi fteen minutes from downtown Charleston and the beach on Sullivan’s Island, this charming cottage is ideal for those drawn to one of the fi nest neighborhoods in all of Charleston.

204 Live Oak Drive3BR/2.5B | 1,495 SqFt

$899,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Boerne, Texas3BR/3.5B3,847 SqFt$1,000,000

KuperSotheby’s International Realty

Encinitas, California3BR/2B

1,948 SqFt $830,000

Pacifi cSotheby’s International Realty

Rockmart, Georgia4BR/3.5B2,085 SqFt $875,500

Atlanta Fine HomesSotheby’s International Realty

13

Page 14: 2014 Year End Report

42

39

35

40

45

2013  Total   2014  Total  

Total  Sales  

$1,630,050

$1,383,023

$500,000

$1,000,000

$1,500,000

$2,000,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$518

$452

$400

$450

$500

$550

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

168 159

243 238

100

150

200

250

300

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$1,852,301

$1,551,767

$1,775,264

$1,484,803 $1,630,050

$1,383,023

$850,000

$1,050,000

$1,250,000

$1,450,000

$1,650,000

$1,850,000

$2,050,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Sullivans IslandMarket Facts

Just past the fabulous shopping and dining in Mount Pleasant sits the historic Sullivan’s Island. This beachfront community is steeped in tradition, and has a deep respect for nature. Homes range in price and run from large beach front mansions to smaller deep water homes accessing the Intracoastal Waterway.

Page 15: 2014 Year End Report

On the MarketFeatured Property

this is a rare opportunity to purchase one of the area’s most premier and substantial oceanfront homes. Three years went into lot selection alone – as it is the prime street in the heart of the island, only steps away from the local scene and yet on a quiet section of the beach. Those who prefer discretion will appreciate that the property is very private and the appearance from the street is somewhat unassuming- the least of which can be said for the rest of the home. No expense was spared and every detail was considered in creating this elegant and sophisticated island retreat. The interior is absolutely stunning and the expansive views are a focal point from nearly every room. The indoor / outdoor fl ow and layout is ideal for grand entertaining and island living alike. For the buyer who has been patiently searching for something rare and unique from which to experience the best of Charleston and Sullivans, this property will captivate you.

4BR/4+B | 3,900 SqFt$6,490,000

Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Naples, Florida5BR/5B

7,059 SqFt$7,800,000

PremierSotheby’s International Realty

Berlin, Germany8BR/5B

5,248 SqFt $6,050,605

BerlinSotheby’s International Realty

Mont-Tremblant, Quebec5BR/5+B

15,730 SqFt $7,687,022

Sotheby’s International RealtyQuebec

15

Page 16: 2014 Year End Report

z

Page 17: 2014 Year End Report

THE MARKET IN DOWNTOWN CHARLESTON

Page 18: 2014 Year End Report

101

107

90

100

110

2013  Total   2014  Total  

Total  Sales  

$1,503,956

$1,621,016

$500,000

$1,000,000

$1,500,000

$2,000,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$495 $517

$300

$350

$400

$450

$500

$550

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

199

123

236

162

50

100

150

200

250

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$1,704,190 $1,743,938 $1,629,448

$1,724,608

$1,503,956 $1,621,016

$750,000

$1,000,000

$1,250,000

$1,500,000

$1,750,000

$2,000,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

South of BroadMarket Facts

This area is defi ned as the lower section of the peninsula located to the south of Broad Street, a main thoroughfare bisecting the oldest part of the city. Broad Street houses many businesses in-cluding banks and real estate offi ces, as well as a large collection of art galleries. Just past Broad Street heading south are some of the stateliest historical mansions in South Carolina.

Page 19: 2014 Year End Report

Listings Around the World in this Price Range

Johannesburg, South Africa5BR/4.5B

42,678 SqFt$1,464,338Lew Geffen

Sotheby’s International Realty

Coeur d’Alene, Idaho3BR/3.5B

3,737 SqFt $1,250,000Tomlinson

Sotheby’s International Realty

Sarasota, Florida4BR/4B

5,456 SqFt $1,299,000

PremierSotheby’s International Realty

19

On the MarketFeatured Property

In the heart of Charleston’s historic district, just steps from the harbor and Waterfront Park, this 2,400 sq. ft. 4BR, 2.5 Bath residence, faces “Rainbow Row,” a picturesque line of 18th and 19th century homes directly across the street. There are 3 fl oors of living space, a rear walled courtyard garden and a roof top deck with panoramic views of the harbor. On the 1st fl oor, you enter from the street into a foyer with a very large living room/dining room space. On the opposite end is the entry to the renovated kitchen with granite countertops, bird’s eye maple cabinetry and high-end appliances. From the kitchen you can access the one-car garage. On the second fl oor there is a large master suite with a luxurious marble tiled master bath. On the 3rd fl oor, there are two bedrooms and a shared bathroom, plus the stairway to the roof-top deck. This home is has been thoughtfully designed to make the most effi cient use of the space and light.

96 East Bay Street4BR/2.5B | 2,440 SqFt

$1,295,000Daniel Ravenel Sotheby’s International Realty

Page 20: 2014 Year End Report

59

71

50

55

60

65

70

75

2013  Total   2014  Total  

Total  Sales  

$656,361 $627,238

$500,000

$550,000

$600,000

$650,000

$700,000

2013  Avg   2014  Avg  

Average  Sale  Price   $317

$335

$150

$200

$250

$300

$350

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

142 139

195169

50

150

250

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$737,501

$672,090 $690,595

$657,608 $656,361

$627,238

$500,000

$600,000

$700,000

$800,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Harleston VillageMarket Facts

Located to the southwest of downtown, Harleston Village is a diverse and vibrant area of Charleston. Originally owned by the widow Harleston, who created today’s neighborhoods and streets from her husbands farm land. One of the larger downtown neigh-borhoods, Harleston Village is minutes from The Battery and home to Colonial Lake, Cannon Park, Moultrie Park, and the City Marina.

Page 21: 2014 Year End Report

Successfully MarketedFeatured Property

This 3 bedroom 2 1/2 bath frame home provides a comfortable and light fi lled fl oor plan with views of the Ashley River and the City Marina. On the fi rst fl oor you will fi nd 10ft smooth ceilings and a well designed chef ’s kitchen, consisting of a professional grade Viking Gas Range, custom cabinetry with surface halogen lighting underneath, granite counter tops with a tumbled limestone backsplash and a kitchen island with seating. Openly located next to the kitchen is a large casual living room with coffered ceilings, built ins, gas fi replace with a limestone surround and a media center which is perfect for relaxing and enjoying a game or movie. The second fl oor has 2 spacious guest rooms with vaulted 9.5ft ceilings that share a tile and marble bathroom with a shower. The master bedroom is very well proportioned and easily accommodates a king size bed. It has a walk in closet and custom made window treat-ments and cathedral ceiling.

23 Harleston Place3BR/2.5B | 1,886 SqFt

Sold for $945,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Houston, Texas5BR/4+B5,804 SqFt$1,000,000

Martha TurnerSotheby’s International Realty

Pelham, New York4BR/3.5B

2,783 SqFt $925,000McClellan

Sotheby’s International Realty

Miami, Florida4BR/3.5B

2,871 SqFt $950,000

ONESotheby’s International Realty

21

Page 22: 2014 Year End Report

26

29

20

25

30

2013  Total   2014  Total  

Total  Sales  

$884,985

$1,110,507

$500,000

$750,000

$1,000,000

$1,250,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$580

$588

$560

$580

$600

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

334

239

347

268

200

250

300

350

400

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$1,017,813

$1,208,921

$947,310

$1,182,612

$884,985

$1,110,507

$500,000

$700,000

$900,000

$1,100,000

$1,300,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

French Quarter Market Facts

The French Quarter is well known in downtown Charleston for its cobblestone streets, lovely alleys and unique historical homes. Orig-inally named for the large concentration of French Huguenots living here, the French Quarter has no lack of charms with the famous Church Street, Queen Street and fabulous renovated warehouses and pre-Revolutionary buildings.

Page 23: 2014 Year End Report

55 EAST BAY STREET • SOUTH OF BROAD

5B/4.5b | 7,100 SqFt | $2,900,000Sold by Bob Rymer

33 Broad Street

Charleston, SC 29401 843.723.7150

DanielRavenelSIR.com

THIS IS OUR WORLD.

Experience the di� erence of Daniel Ravenel Sotheby’s International Realty. It’s in our ser-

vice that extends far beyond the expected. It’s our honesty and integrity in every interac-

tion. It’s our pledge to listen, and respond to your unique needs. A� er 30 years serving the

Charleston area, our level of expertise is truly unmatched.

Serving you, from the Battery to the Beaches...

33 Broad StreetCharleston, SC 29401

843.723.7150DanielRavenelSIR.com

23 LEGARE STREET • SOUTH OF BROAD

5B/3.5b | 6,155 SqFt | $3,500,000Listed by H. Middleton Rutledge

345 SURFSONG ROAD • KIAWAH ISLAND

8B/9.5b | 5,481 SqFt | $5,800,000Listed by H. Middleton Rutledge

36 MEETING STREET • SOUTH OF BROAD

4B/3.5b | 5,610 SqFt | $2,150,000Sold by Joanie Lucas

5 LOGAN STREET • SOUTH OF BROAD

5B/4.5b | 4,475 SqFt | $2,495,000Sold by Dan Ravenel

11 CHURCH STREET • SOUTH OF BROAD

6B/5+b | 6,000 SqFt | $3,000,000Listed by Beth McCrabb

429 RALSTON CREEK • DANIEL ISLAND 1 Acre | $2,500,000

Sold by Andrew Robertson

23 ELLIOTT STREET • SOUTH OF BROAD

4B/4.5b | 3,700 SqFt | $2,550,000Sold by Anne Edson

32 PRIOLEAU STREET, M • FRENCH QUARTER

2B/2.5b | 2,583 SqFt | $2,100,000Listed by Casey Murphey

Signifi cant SalesProven Results. Trusted Marketing. Trusted Agents

1168 Pilot Boy • Martins Point 330 Moon Tide Lane • Kiawah Island

204 Live Oak Drive • Old Village

1982 Sandy Point Lane • Rivertowne

Lot 16 Waring Creek Drive • Flounder Lake • Meggett

Each O� ce is Independently Owned and Operated. Equal Housing Opportunity. Equal Opportunity Company.23

Featured Ad - Oasis Luxury Homes, December 2014

55 EAST BAY STREET • SOUTH OF BROAD

5B/4.5b | 7,100 SqFt | $2,900,000Sold by Bob Rymer

33 Broad Street

Charleston, SC 29401 843.723.7150

DanielRavenelSIR.com

THIS IS OUR WORLD.

Experience the di� erence of Daniel Ravenel Sotheby’s International Realty. It’s in our ser-

vice that extends far beyond the expected. It’s our honesty and integrity in every interac-

tion. It’s our pledge to listen, and respond to your unique needs. A� er 30 years serving the

Charleston area, our level of expertise is truly unmatched.

Serving you, from the Battery to the Beaches...

33 Broad StreetCharleston, SC 29401

843.723.7150DanielRavenelSIR.com

23 LEGARE STREET • SOUTH OF BROAD

5B/3.5b | 6,155 SqFt | $3,500,000Listed by H. Middleton Rutledge

345 SURFSONG ROAD • KIAWAH ISLAND

8B/9.5b | 5,481 SqFt | $5,800,000Listed by H. Middleton Rutledge

36 MEETING STREET • SOUTH OF BROAD

4B/3.5b | 5,610 SqFt | $2,150,000Sold by Joanie Lucas

5 LOGAN STREET • SOUTH OF BROAD

5B/4.5b | 4,475 SqFt | $2,495,000Sold by Dan Ravenel

11 CHURCH STREET • SOUTH OF BROAD

6B/5+b | 6,000 SqFt | $3,000,000Listed by Beth McCrabb

429 RALSTON CREEK • DANIEL ISLAND 1 Acre | $2,500,000

Sold by Andrew Robertson

23 ELLIOTT STREET • SOUTH OF BROAD

4B/4.5b | 3,700 SqFt | $2,550,000Sold by Anne Edson

32 PRIOLEAU STREET, M • FRENCH QUARTER

2B/2.5b | 2,583 SqFt | $2,100,000Listed by Casey Murphey

Signifi cant SalesProven Results. Trusted Marketing. Trusted Agents

1168 Pilot Boy • Martins Point 330 Moon Tide Lane • Kiawah Island

204 Live Oak Drive • Old Village

1982 Sandy Point Lane • Rivertowne

Lot 16 Waring Creek Drive • Flounder Lake • Meggett

Each O� ce is Independently Owned and Operated. Equal Housing Opportunity. Equal Opportunity Company.

Page 24: 2014 Year End Report

29

23

10

20

30

2013  Total   2014  Total  

Total  Sales  

$895,123 $965,613

$500,000

$750,000

$1,000,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$406

$433

$350

$400

$450

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

115   122  

210  182  

0

100

200

300

2013  Avg   2014  Avg  

Days  On  Market  

 Days  on  Market  

 Cumula<ve  Days  on  Market  

$1,041,927 $1,021,923

$955,757 $985,381

 $895,123    

 $965,613    

$750,000

$950,000

$1,150,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Ansonborough Market Facts

Ansonborough is defi ned as the area between King and East Bay and George and Pinckney Streets just north of the historic market and Custom House. Rebuilt after the great fi re of 1836, Ansonborough was the city’s fi rst suburb and boasts some impressive historic homes which have undergone extensive restorations thanks to the work of the Historic Charleston Foundation.

Page 25: 2014 Year End Report

Successfully Marketed

Listings Around the World in this Price Range

25

Featured Property

Located within Historic Ansonborough Neighborhood, the 12 George Street townhouses are within convenient walking distance to King Street shopping, fi ne restaurants, a grocery store, hardware store and drug stores. The world-class performing hall, Gaillard Center, is a half block away. Marion Square- a green area that is home to the Farmers Market and annual events including Southeastern Wildlife and Wine and Food Festival- is a short walk as well. Unit B3 has recently been nicely renovated with handsome fi xtures and features.

12 George Street, B32BR/2B | 1,024 SqFtSold for $575,000

Daniel Ravenel Sotheby’s International Realty

Rosalyn Heights, New York4BR/2B

1,325 SqFt$568,000

Daniel GaleSotheby’s International Realty

Wilmington, Vermont4BR/3B

2,656 SqFt $545,000

Vermont Country PropertiesSotheby’s International Realty

Lisboa, Portugal4BR/2B

2,206 SqFt $568,390Portugal

Sotheby’s International Realty

Page 26: 2014 Year End Report

38

33

30

35

40

2013  Total   2014  Total  

Total  Sales  

$523,236

$429,576

$350,000

$450,000

$550,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$295 $257

$100

$200

$300

$400

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

96

62

115

77

0

50

100

150

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$560,380

$441,634

$558,119

$453,499

$523,236

$429,576

$400,000

$500,000

$600,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Radcliffeborough Market Facts

Radcliffeborough is an area north of Harleston Village and offers some of the hippest new restaurants and bars located on Up-per King Street. St Phillip Street is the main hub of the College of Charleston, with its 10,000 undergrad students.

Page 27: 2014 Year End Report

27

Successfully Marketed

Worldwide Growth

Featured Property

Victorian home with a Key West fl air overlooking a fountain and charming park. Within walking distance to Upper King Street restaurants, the Charleston museum, and library. The property is currently a single family home with two meters and an upstairs kitchen that could be a potential duplex. The main fl oor has a large living room with french doors that open onto the piazza; adjacent is a separate dining room with pocket doors, offi ce/den area with storage,

a full bath and renovated kitchen with top of the line appliances.

57 Chapel Streel4BR/3B | 2,460 SqFtSold For $685,000

Daniel Ravenel Sotheby’s International Realty

The Sotheby’s International Realty network currently boasts approximately 730 offi ces in 56 countries and territories worldwide. The brand welcomed Poland Sotheby’s International Realty in Warsaw to the network in November 2014.

Page 28: 2014 Year End Report

30

26

20

25

30

35

2013  Total   2014  Total  

Total  Sales  

$304,972 $326,315

$200,000

$300,000

$400,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$220 $214

$100

$200

$300

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

259

100

294

129

0

100

200

300

400

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$358,891 $343,512

$320,690

$343,347

$304,972 $326,315

$250,000

$300,000

$350,000

$400,000

$450,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Canonborough & Elliotborough Market Facts

Cannonborough and Elliotborough are located above Morris and Bee Streets on the Peninsula and house a large portion of Charleston’s student population. Well located for walking access to the College of Charleston, Medical University and also to Upper King Street’s restaurants and bars, this area is a lively urban mix of age groups.

Page 29: 2014 Year End Report

29

DRSIR in the News - Post & Courier December 31

Page 30: 2014 Year End Report

78

92

70

80

90

100

2013  Total   2014  Total  

Total  Sales  

$317,950

$382,426

$250,000

$350,000

$450,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$190 $216

$50

$150

$250

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

77

51

89

55

20

40

60

80

100

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$346,612 $395,260 $331,980

$388,427

$317,950 $382,426

$50,000

$250,000

$450,000

$650,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Wagener Terrace & Hampton ParkMarket Facts

Wagener Terrace is a suburban area with marsh views and numer-ous well located, moderately priced homes. Hampton Park gains its name from the large green space in its center which was a world fair site in 1900.

Page 31: 2014 Year End Report

Sotheby’s Auction News

31

Historic Mellon Auctions Total $218 MillionBY SOTHEBY’S | 24 NOV 2014

NEW YORK - Th e third and fi nal of Sotheby’s auctions of Property from the Collection of Mrs. Paul Mellon brought the series total to an outstanding $218.1 million. Th e three-day Interiors auction – off ering fi ne art, fur-niture, porcelain, silver, glassware, decoration and more from Mrs. Mellon’s residences in the United States and abroad – fi nished the series, more than doubling expecta-tions to achieve $14.3 million.

In total an exceptional 98.1% of lots from Mrs. Paul Mellon’s collection found buyers, helping the sale series more than double its $100 million presale estimate. Proceeds from the sales will benefi t Th e Gerard B. Lambert Foundation, a charitable entity established by Mrs. Mellon in memory of her father. Th e Foundation supports horticultural and educational endeavors.

Th e fi rst auction of Property from the Collection of Mrs. Paul Mellon – Masterworks – was held on 10 November and achieved $158.7 million. Th e auction was led by two paintings by Mark Rothko that both exceeded expectations: Untitled from 1970, which achieved $39,925,000 (est. $15/20 million), and Untitled (Yellow, Orange, Yellow, Light Orange) from 1955, which fetched $36,565,000 (est. $20/30 million). Both works had remained in the Mellons’ collection for more than four decades.

Collectors eagerly vied for Jewelry and Objects of Vertu from Mrs. Mellon’s collection on 20 and 21 November, including the Magnifi cent and Rare Fancy Vivid Blue Diamond which set a new record price for both any blue diamond and for price-per-carat, when it sold for $32.6 million.

Page 32: 2014 Year End Report

14 15

0

5

10

15

20

2013  Total   2014  Total  

Total  Sales  

$460,484

$771,688

$200,000

$400,000

$600,000

$800,000

$1,000,000

2013  Avg   2014  Avg  

Average  Sale  Price  

$201

$298

$100

$200

$300

$400

2013  Avg   2014  Avg  

Sold  Price  Per  Sqft  

97

275

97

313

0

100

200

300

400

2013  Avg   2014  Avg  

Days  On  Market  

Days on Market

Cumulative Days on Market

$487,906

$825,508

$481,844

$811,550

$460,484

$771,688

$-

$200,000

$400,000

$600,000

$800,000

$1,000,000

2013  Avg   2014  Avg  

List  Prices  versus  Sold  Prices  

Original List Price

Final List Price

Sold Price

Wraggborough Market Facts

Wraggborough is an area north of Ansonborough which features lovely ancient oaks and parks alongside well constructed, historic homes in a variety of price ranges. Originally owned by the Wragg family and divided among the descendents, it is home to the Charleston Museum which is the oldest museum in America.

Page 33: 2014 Year End Report

33

On the MarketFeatured Property

With a great location near Starbucks, County Library and Upper King Street as well as C of C and MUSC and a great price this lovely duplex is a 1837 Freedman’s cottage with one bedroom or two in each unit. Just north of Calhoun, next to the Charleston County Library.

67 Alexander Street4BR/2B | 1,446 SqFt

$450,000Daniel Ravenel Sotheby’s International Realty

Listings Around the World in this Price Range

Springfi eld, Vermont3BR/3B

2,550 SqFt$519,000

Vermont Country PropertiesSotheby’s International Realty

Koloa, Hawaii2BR/2B

1,028 SqFt$475,000

Sleeping GiantSotheby’s International Realty

La Quinta, California0.24 Acres $495,000

HOMSotheby’s International Realty

Page 34: 2014 Year End Report

Discover the Indigo Park Difference in Kiawah's newest eco-friendly development

built by one of Kiawah's most reputable builders Royal Indigo Construction. Centrally

located in the heart of Kiawah Island, Indigo Park consists of 16 new construction

LEED certified homes with marsh views and a lovely community park. With 4 models

to choose from, ranging in size from 2 to 5 bedrooms, there is something for everyone

at Indigo Park. Each home has been painstakingly designed and constructed, using

the most sustainable building materials and earth friendly building practices that allow

owners to live comfortably and in harmony with nature with minimal impact on the

environment. Highlights of these remarkable homes include an elevator, French white

oak floors, an outdoor deck with dipping pool, and indoor and outdoor fireplaces,

and separate guest house. All homes feature high-end fixtures, Energy Star appliances,

and the most luxurious master suites with spa-like baths and marsh views. If you are

looking for a high quality, turnkey property with minimal maintenance and minimal

impact on the environment, don’t miss this opportunity to live your dream luxury

lifestyle responsibly!

For more information, contact: H. Middleton Rutledge

843.345.9137 | [email protected]

e New Standard in Environmentally Responsible Luxury…

Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 1

Featured Lifestyle- Green Living

Page 35: 2014 Year End Report

33 Broad Street

Charleston, SC 29401843.723.7150

DanielRavenelSIR.com

...e Vision ...e Location...e Difference

Indigo Park is the Vision of Candace Dyal,president of Dyal Compass LLC, whosemission is to invest in and develop realestate products that focus on conservationand a healthier environment. Candace hasteamed up with Christopher RoseArchitects and Royal Indigo Constructionto fulfill what she calls "a concept that'simportant to everyone on the team; tobuild with a conscience." With thisaspirational vision met, Indigo Park wouldbe the first community in a luxury resortof entirely LEED Certified homes.

One of the best locations on Kiawah,Indigo Park is only steps away from Rhett’sBluff boat landing, The River Course golfcourse, and all the associated amenitiesincluding the River Course Club Houseand the Sasanqua Spa. This is the perfectlocation to bike to the rest of the island'samenities as well! New homeowners inIndigo Park will have the option topurchase an exclusive Kiawah Island Clubmembership at any level - Golf, Sports, orSocial.

NuCedar exterior shingles need nopainting or staining. Hurricane-resistantwindows and doors, along with Energy Starappliances, mean less maintenance andmore savings on utilities. Integratedgeothermal systems are not only quiet andenvironmentally friendly, but alsocontribute to the energy efficiency of thesehomes. In addition, every garage isequipped with a 220-watt outlet to chargean electric car. The goal of these amenities?Let homeowners enjoy a beautiful homewithout time-consuming maintenance andcostly overhead.

Issue 5_IndigoParkSpread_OasisDoublePageSpread 8/11/14 9:18 AM Page 2

3333 BBrrooaadd SSttrreeeeCChhaarrlleessttoonn,, SSCC 22994400

884433..772233..771155DDaanniieellRRaavvaavaa eenneellSSIIRR ccoomm

Page 36: 2014 Year End Report

Marketing Charleston Worldwide

GolfPropertySIR.com SothebysRealty.com

HistoricPropertySIR.com About Charleston, SC

WaterfrontPropertySIR.com

33 Broad StreetCharleston, SC 29401

O: 843.723.7150 | 843.723.7494

FarmAndRanchSIR.com

Page 37: 2014 Year End Report

Daniel Ravenel Sotheby’s International Realty33 Broad Street

Charleston, SC 29401O: 843.723.7150 | F: 843.723.7494

www.DanielRavenelSIR.com