Charleston actual property corporations rack up document gross sales in scorching housing market | Actual Property

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Scorching housing market translated to document gross sales for Charleston actual property corporations in ’21

Houses bought sooner than they had been listed final yr, and plenty of Charleston-area residential actual property corporations ended the yr with document gross sales.

Amongst them had been Kiawah Island Actual Property with greater than $1 billion in property transactions final yr and William Means Actual Property with $420 million in gross sales. William Means additionally dealt with the latest sale for the vendor of Hoopstick Island​​​​​​​ on Johns Island for $7.5 million.

One other Lowcountry residential actual property agency additionally racked up document property gross sales in 2021.

The Cassina Group reported $586 million on 619 transactions final yr. The gross sales quantity represents a 52 % improve over 2020, which additionally was a document yr for the boutique agency.

18th-century SC plantation home, used to educate Freedmen, sold for $3.1M

Greater than 25 % of the corporate’s transactions had been no less than $1 million, with high-dollar gross sales scattered throughout the Lowcountry and particularly near the coast.

Owen Tyler, managing dealer and associate in The Cassina Group, referred to as home-buying one among many individuals’s “greatest monetary selections” in “this competitvie actual property market” and urged potential patrons to enlist the help of a educated agent.

Among the many corporations extra notable gross sales had been:

  • 147 Flyway Drive, Kiawah Island, $11.65 million;
  • 2411 Atlantic Ave., Sullivan’s Island, $6.85 million;
  • 2508 Atlantic Ave., Sullivan’s Island,$4.713 million;
  • 4001 Palm Bvld., Isle of Palms, $4.25 million;
  • 106 Charleston Blvd., Isle Palms, $4.35 million;
  • 212 Wandolea Drive, Mount Nice, $4.95 million;
  • 734 Pitt St., Mount Nice, $4.2 million.

Pink House East Battery.jpg

The house at 5 East Battery was one among a number of latest winners of the Carolopolis Award for historic preservation in Charleston. Grace Beahm Alford/Workers

Carolopolis Awards embrace historic houses, customer middle, Brick Home Ruins

A number of emblematic and historic buildings had been among the many winners of the Preservation Society of Charleston’s 68th Carolopolis Awards​​​​​​​, the native honors which rejoice preservation in Charleston and the Lowcountry.

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4-story project planned near Charleston City Market; 320 Cainhoy apartments proposed

By the numbers

3.9: Hundreds of thousands of {dollars} paid by a Charleston funding agency for 3 properties on Purple Financial institution Street in Goose Creek. 

17.9: Hundreds of thousands of {dollars} paid by a Utah agency for a newly constructed 677-unit storage facility in West Ashley.

68.5: Hundreds of thousands of {dollars} paid for 3 condo complexes in North Charleston.

Trident hospital owner eyes Johns Island for new facility with nearly $20M land deal

This week in actual property

+ Mounting frustration: Charleston County Council urges state lawmakers to behave on register of deed {qualifications}​​​​​​​ as doc recordings proceed to face lengthy delays in Charleston County.

+ Increase & Steadiness: A brand new visitors gentle is coming to a busy intersection in Nexton, the place three individuals had been killed in 2020 and two new grocery shops are deliberate within the rising mixed-use growth within the Charleston space.

+ Lights out: Pizza restaurant Monza closed on King Road Feb. 1 after a 13-year run.

+ Essential connection: A lacking hyperlink in Mount Nice’s street system could possibly be added to assist with visitors congestion within the state’s fourth largest metropolis, with building probably starting subsequent yr on the 1.3-mile part within the Hungryneck Hall.

+ Aloha Charleston: Native franchisees plans to open L&L Hawaiian Barbecue with its “plate lunches” in Centre Pointe close to Tanger Shops in North Charleston.

New grocery-anchored Goose Creek retail middle deliberate

The Marketplace at Carnes Crossroads

A 54,000-square-foot grocery retailer is deliberate because the anchor tenant of a proposed new procuring middle to be referred to as The Market at Carnes Crossroads on the juncture of U.S. Freeway 17A and U.S. Freeway 176 in Goose Creek. Worthen Growth/NAI Charleston

The proposed Market at Carnes Crossroads​​​​​​​ will embrace a 54,000-square-foot grocery store, a number of unattached retail and restaurant places, a small lake on the nook of U.S. Highways 17A and 176 in addition to six outparcels (left, not proven) on 10 acres for different tenants. Worthen Growth/NAI Charleston/Supplied

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