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The real estate market on Daniel Island is moderately competitive. On average, homes on the island attract around four offers before selling, typically closing within approximately 54 days. Last month, the median sales price for homes on Daniel Island reached $1.4M, marking a 2.1% increase compared to the previous year. In terms of square footage, the median sales price on Daniel Island stands at $441, representing an 5.3% decrease from last year.
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Here are some of the hottest questions our clients are asking us.
As of August 2023, the housing market in Daniel Island has seen some changes compared to the previous year. There has been a slight increase in home prices, with a 2.1% rise bringing the median price to $1.4M. Homes are taking longer to sell, averaging around 54 days on the market. The number of home sales has also seen an increase, with 72 homes sold this August, a slight increase from the 70 homes sold in the same month last year.
The housing market in Daniel Island can be described as moderately competitive. On average, homes are sold within a span of 54 days, and it's not uncommon for properties to receive multiple offers. Typically, houses sell for approximately 3% under the listing price, and it usually takes around 44 days for them to go from active listing status to pending sale. However, highly desirable or "hot" properties may sell for around the asking price and may reach pending sale status faster, typically within 16 days.
Yes, Daniel Island is often considered an excellent place to live, especially for those who appreciate a resort-like atmosphere and small-town community feel. With its picturesque residential streets situated close to a town center, the island promotes an active lifestyle within a pedestrian-friendly community that exudes luxury.
A piece of history itself, Daniel Island was once inhabited by the original Charlestonians who depended on fishing and trading. As of recent years, the island has become renowned for its stunning natural environment, superior amenities, and welcoming residents. The transformation over time has truly made Daniel Island a desirable place to live.
I know what it means to call the Lowcountry home. And it’s my mission to help you call it home too. It’s why we work so hard to make your real estate dreams come true. It’s why we build relationships, not databases. It’s why we treat everyone like a neighbor, because it’s our intention that one day you will be.