Beaufort Area Index

Contact Ballenger Realty

If you have any questions or need more detailed information, please feel free to contact us via phone at 843.379.1400 or fill out the form to let us know how we can help with your real estate needs.

Office Location 613 Carteret Street,
Beaufort, SC 29902
Phone: 843.379.1400
Fax: 843.379-1401

Dataw Island Home Sales Better than Expected in 2009

Posted by Todd Covington on Sunday, June 14th, 2009 at 10:28pm.

Today I thought we could take a look at the 2009 Dataw Island housing market.  This subdivision is the most popular retirement community in the Beaufort area.  I looked at this area because while the remainder of Beaufort Country was hit very hard in 2008 by the real estate slump, Dataw bucked that trend.  In 2008, no community in the local MLS witnessed more closings than Dataw Island.  The island saw 34 houses change hands which was extraordinary considering the state of our market.  What's even more impressive is that twelve of the fore mentioned transactions were above $500,000.  I am certainly not saying sales were not down from the glory years of 2005 and 2006.  What I am saying is while affected, this neighborhood hasn't seen the decline that virtually all others have experienced.

For the current year, five residences have sold, and there are currently 5 more under contract.  You might say, "But that's only 10 sales this year?"  Please understand we still have the most active summer sales months ahead.  At this time last year, only 14 homes had sold on Dataw.  I expect 2009 sales to parellel 2008 closely, and considering the Beaufort real estate market as a whole is at a 24% decline from last year, Dataw continues to buck the housing catastrophe we have experienced.  To Dataw Island realtors and home sellers, that is great news.  So if you are looking for a semi-recession proof place to buy a home, look no farther than Dataw Island.

My First FusionCharts GoogleGadget
 
Dataw Island Active Housing Statistics
LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$3,390,000
$215,000
$586,441
$454,500
$66,854,300
114
$0
$0
$0
$0
$0
851
4
230
181
 

Bookmark and Share
 
Todd Covington
206 Carteret Street
Beaufort, South Carolina 29902
Ballenger Realty Company

Making the Lowcountry of South Carolina home for the past 20 years, Todd Covington specializes in the Beaufort SC real estate market.  Providing unsurpassed service and attention to detail, Todd is owner of www.LowcountryProperties.com which represents the finest homes in the area.

Blog Tags

Be the first to comment on this blog entry!


Leave a Comment

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquiry about a private showing
  • Map individual property locations
  • Share your favorite homes with friends