Tag Archives: Isle of Palms

Charleston Real Estate 2011 Year in Review

Reviewing 2011 2011 was a year that again saw uncertainty in the economy and real estate.  Many prognosticators, including William Means, believed that 2011 would be very much like 2010.  Given all the economic uncertainty having a year of the status quo versus having the market go down was a welcome trend.  In most areas [...]

The William Means Report – December 2011

The large number of homes under contract during October and November lead to impressive December sales numbers.  Last month’s statistics indicate an increase in the number of sales in almost all areas versus the previous month and the previous year.  This should be a strong signal for a continued improvement in the real estate market [...]

Commanding Waterfront Isle of Palms Property

10 Tabby Lane occupies one of the best locations on The Isle of Palms with panoramic views of surrounding private yacht canal and intracoastal waterway.  Upon entering, the high level of architectural details is illustrated in the two story foyer with sunburst designed inlay Brazilian cherry floors, custom domed ceiling and cherry wood panel gallery [...]

The William Means Report – November 2011

The November numbers were slightly better year over year, however they came in at disappointing levels after the positive signs we saw in October.  Mt. Pleasant (South of IOP Connector) was one area that followed the October trend and posted a few positive numbers.  Mt. Pleasant saw strong gains in the number of home sold [...]

The William Means Report – October 2011

October provided a much needed positive boost to the luxury market in the Charleston area. After seeing a negative trend in the months of July, August, and September, October had mostly positive numbers versus the previous month and year. The number of properties sold at $500,000 or greater in the Tri-County area was up 34%. [...]

The William Means Report – September 2011

The luxury market continued to remain sluggish in September and total sales continued to fall versus the previous month.  Sales prices also continued a downward trend versus the previous month and versus 2010.  Decreasing inventory continues to be a positive trend because sold inventory helps to keep prices steady.  A watchful eye will need to [...]

The William Means Report – August 2011

August was another slow month for real estate transactions in Charleston.  However, the total number of sales increased in most areas.  Despite this positive increase, nearly all areas saw a drop in average list price and average sale price.  Mount Pleasant (inside the IOP Connector) showed signs of improvement against July with median prices increasing [...]

The William Means Report – July 2011

In general, July sales were up from the previous year, however, the average sales prices were down.  July is a notoriously slower month in real estate sales and that trend continued this year.   William Means had a successful July with sales scattered throughout Charleston.  In addition to sales on the peninsula and Mount Pleasant, William [...]

The William Means Report – June 2011

All areas of sales showed a positive drop in inventory in June versus the previous year and William Means had a significant month of June with very significant sales. Tri-County over $500,000 The Tri-County had a decrease in overall sales versus the previous year.  However, the homes sold had nearly a 22% increase in the [...]

The William Means Report – April 2011

Tri-County over $500,000 Homes over $500,000 sold in the Tri-County had a decrease in the amount of sales from April  2010.  However, the homes sold had increase in the average and median sale prices.     Downtown – Inside Crosstown     Downtown – South of Broad Homes in this area saw a significant reduction [...]