Single-Family Home Transactions Up 19% for KIRE

Despite the media’s tendency to report gloomy economic news, there are several great reasons to buy real estate and to do it now. The current price, selection, and value in the Kiawah villa market is more competitive than it’s been in eight years.  Also, the number of single-family home transactions on Kiawah is up 19% over last year, while the available inventory in the single-family home category is down 25% since its peak in 2009.

Both of these are strong indicators that the Island’s available home inventory and prices have stabilized, and we are likely to see pressure on prices to rise. The villa and homesite markets are expected to follow this trend, especially given the exposure the 2012 PGA will bring to our fabulous Island.

Lastly, KIRE is significantly outperforming its off-island MLS competition. Since January 2011, KIRE has brought 129 buyers to Kiawah’s sellers as compared to only 34 for all MLS companies combined. And only KIRE has sold properties above $2.5 million this year.

When its time to either buy or sell your Kiawah home, contact a Kiawah Island Real Estate Sales Executive for the best service, best results, and best experience. Until then, enjoy the most recent Just Solds.

Homes

44 Surfsong Road
$1,900,000

5517 Cypress Cottage Lane
$1,775,000

55 Surfsong Road
$1,300,000

100 Pleasant Valley
$800,000

320 Palm Warbler Road
$775,000

277 Salt Meadow Cove
$480,000

Villas & Cottages

1123 Duneside Road
$850,000

4915 Green Dolphin Way
$785,000

84 Belmeade Hall
$725,000

1327 Sea Elder Court
$380,000

Homesites

138 Flyway Drive
$1,850,000

324 Moon Tide Lane
$795,000

1 Club Cottage Lane
$405,000

32 LeMoyne Lane
$330,000