Cost vs. Value Report for 2014

Remodeling Magazine has released the Cost vs. Value 2014 for Charleston, SC.

If you have a real estate question or need assistance please don't hesitate to call, 843-224-5398 or e-mail me Owen@OwenTyler.com

REALTOR® of Distinction

I am so grateful to all of my wonderful clients that continue to call on me for their real estate needs and honored to have been awarded the REALTOR® of Distinction award again for 2013.

If I can assist you with your real estate needs please feel free to call me directly at (843) 224-5398 or e-mail me at Owen@OwenTyler.com .

January 2014 Sales By Area - Residential

Curious what the residential median sales price was in your area of the Lowcountry during January 2014?  Find your area in the list below!

For specific questions regarding your property, please don't hesitate to call or email.

Information below is compiled from the Charleston Trident Assoc of REALTORS MLS and while the number of sales & dollar value may change slightly as late sales are entered into the MLS, median & average are not expected to change significantly

Merry Christmas

2014 Color of the Year Revealed

And the winner is, drum roll please, Radiant Orchid .... who?  Yes this year's color of the is mauve-ish...

I loved 2013's winner of Emerald, but I'm just not sure I can jump on the band wagon for Radiant Orchid.

Lowcountry Homes Sales Continue To Be Strong

 

 

 

FOR IMMEDIATE RELEASE

 

Year-to-Date Real Estate Sales Up 23%, Median Price up 8.5% in Charleston Region

 

CHARLESTON, SC—(November 18, 2013)  According to preliminary data released today by the Charleston Trident Association of REALTORS® (CTAR), 1,020 homes sold at a median price of $190,000 in October. Last October, 920 homes sold at a median price of $185,000 in the region.

Year-to-date 10,897 homes have sold at a median price of $203,947 in an average of 86 days. Compared to this point in 2012, sales have increased by 23% and median price has risen by 8.5%. Year-to-date figures in 2012 showed 8,842 sales at a median price of $187,894.  Inventory rose very slightly, with 5,836 homes listed as ‘active’ for sale in the Charleston Trident Multiple Listing Service (CTMLS).

“As we expected, we didn’t see much, if any impact from the government shutdown during October. Sales progressed at a normal pace and any transactions that were delayed by the temporary shutdown have likely closed. However, changes to the National Flood Insurance Program (NFIP) are impacting real estate in the Lowcountry, as rates adjusted for many residential and commercial property owners on October 1, who purchased or are purchasing pre-FIRM properties.  This has affected the ability to buy and/or sell some properties classified as high risk, since the premiums on some properties increased significantly” said 2013 CTAR President, Owen Tyler.

CTAR continues to work with our state and national counterparts to ensure this issue is properly addressed by our legislators.  NAR Past President Moe Veissi is scheduled to testify at a Congressional hearing sponsored by the House Financial Services Committee, Housing and Insurance Subcommittee, on Tuesday, November 19.  His testimony will include several examples of high premiums and sales being delayed form the Charleston area.  Sens. Tim Scott and Lindsey Graham and Congressman Mark Sanford have co-sponsored “Homeowner Flood Insurance Affordability Act” H.R. 3370 and S. 1610, which would delay the flood insurance rate hikes until FEMA concludes its affordability study and can have time to propose and implement revisions to Biggert-Waters.

 

SEPTEMBER ADJUSTMENTPreliminary data reported for September 2013 indicated that 1,133 homes sold at a median price of $209,000. Adjusted figures now show 1,138 homes sold at a median price of $207,060.

 

BERKELEY COUNTY227 homes sold at a median price of $171,090 in Berkeley County in October. The most active area in the county was the area bordered by Jedburg Road, Highway 17A and College Park, with 60 sales at a median price of $160,915.
CHARLESTON COUNTYIn Charleston County in October, 566 homes sold at a median price of $288,147.  West Ashley (outside I-526) was the most active area during the month with 80 sales at a median price of $197,219.

DORCHESTER COUNTY188 homes sold at a median price of $162,500 in October in Dorchester County. The most active area was Summerville/Ridgeville, where 80 homes sold at a median price of $163,750.

 

# # #

 

With 3,700 members, CTAR’s mission is to promote the highest standards of professionalism, ethics, education and technology, and to ensure that its members are the primary source for real estate services in the South Carolina Lowcountry. Only those who are members of the Association of REALTORS® and its parent organizations are called REALTORS®.

 

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4 Kitchen Renovation Ideas to Add Style and Function

With the Holidays right around the corner your kitchen will soon become one of the busiest if not the busiest room in the house.

So how about 4 tips to add style and function to that heavily used space.

For a re-print of this article visit my November e-Newsletter

September Newsletter | 8 Steps For a Better Curb Appeal

Did you miss my Newsletter for September? 

If so then you  missed the 8 Steps for a better curb appeal. 

If you would like to receive my monthly Newsletter, sign up my simply send and e-mail to Owen@OwenTyler.com

To read the full article visit 8 Simple Steps to Add Curb Appeal

Outfit Your Front Porch for Easy Summer Living

The E-News Letter for July is out.  And in the southern spirit of front porch living I have featured an article on getting the most out of your front porch in the summer.

Read the entire article at --
http://www.anypresentations.com/enl/article.php?aid=10956&id=996&sid=6fb1&NID=94

10 Oatly Circle in Shadowmoss Plantation

May's E-Newsletter is Out

Don't miss my E-Newsletter for May 2013 with great helpful articles.  If you aren't currently receiving my monthly E-Newsletter just send me your name and e-mail and I will add you to the list.

Some of the May topics included are:

Is It Time to Replace Your Roof or Windows?
5 Ideas for Landscaping that Will Increase the Value of Your Home
A Strong Rental Market Makes It A Good Time to Buy
A Strategy to Keep Your Home Organized In 15 Minutes Per Day

Learn about 5 Ideas for Landscaping that Will Increase the Value of Your Home in the link.




 

Nice Newer Home on Johns Island, 0.41 Acres

Nice newer home on Johns Island on 0.41 acres, plenty of room to roam at a great price.

Is It Time to SELL?

Are you ready to sell your property, have you been waiting for a better real estate market? 

 

Well the time has arrived. 

 

Call me at 843-224-5398 or e-mail me at Owen@OwenTyler.com and lets discuss selling your property today.