Island Insights | Life on Kiawah Island

October 30th, 2009

Good News From Kiawah Island Real Estate

Real Estate | Forecast



Good News From Kiawah Island Real Estate

At the end of the summer, the national real estate market began to show signs of improvement. Existing home sales were on the rise, home prices increased, and consumers seemed to be regaining confidence in the market.

The good news continues into the fall season here at home as well. For the month of September, Kiawah Island Real Estate closed 18 transactions for nearly $18 million in sales. In that same month, we received contracts for 17 additional properties totaling over $23 million. Chris Drury, KIRE’s president, says, “This recent surge in sales activity in what typically would be considered a slower month gives us great cause for optimism for the Fall selling season.”

Pending home sales, historically a reliable indicator of actual sales, have increased nationally as well. According to the National Association of Realtors, sales rose 6.4% in the month of August—the seventh consecutive rise in pending home sales. In the Charleston market, the number of homes under contract has increased every month for the past five months.

September was a great month for Kiawah Island Real Estate. Our market is strong and we are looking forward to sharing more positive news with you in the coming months. Below, are Kiawah Island Real Estate’s closed transactions for September.

Homesites

44 Lemoyne Lane

14 Lemoyne Lane

107 Blue Heron Pond Road

336 Moon Tide Lane 

Villas and Cottages

1024 Scaup Court

2173 Shipwatch Road

4233 Mariner's Watch Drive

4142 Bulrush Lane

4377 Sea Forest Drive

5556 Green Dolphin Way

4723 Tennis Club Lane

4761 Tennis Club Lane

Homes

252 Glen Abbey

36 Surfsong Road

37 Surfsong Rd

94 Wax Myrtle Court

116 Spartina Court

2B Eugenia Avenue

 

Comments

Leave a Comment

Kiawah Island

Kiawah Island is a resort and residential community distinguished by decades of dedication to preserving the natural beauty of its Lowcountry environment.  The Island’s ten-mile ribbon of pristine beach, tidal marshes, maritime forests, and freshwater ponds provide a nurturing habitat for hundreds of species of wildlife. Kiawah’s lifestyle benefits also from close proximity to the history-rich city of Charleston, South Carolina, just 21 miles away.

Real Estate

Kiawah Island Real Estate is the only real estate company with offices on Kiawah Island.  Three convenient locations make it easy to meet with our property experts, learn more about purchase opportunities on the Island, and explore Kiawah’s unsurpassed lifestyle, alongside those who know it best.

Visit Kiawah.Com