|
|
The Different Areas in Charleston
Home » South Carolina » Charleston Real Estate » The Different Areas in CharlestonPosted by Your Guide on May 10, 2006 5:25 PM
The Charleston area includes North Charleston, Downtown Charleston, Mount Pleasant, West Ashley, Summerville and the Island communities that consist of Isle of Palms, Sullivan’s Island, Kiawah/Seabrook and Folly Beach. These diverse areas are within 25 miles to the desirable downtown area.
o North Charleston: This area is an older are that is being revitalized by the redevelopments of subdivisions, the renovation of the naval base here and the revamping of neighborhood infrastructures to aid in with the exponential growth that is being anticipated for the area.
o Downtown Charleston: The real estate values in the downtown area are seeing a boost in part because of the construction of desirable condominiums and renovated historic homes. Some of the homes in this area were built before the Civil War which adds to the tradition and character of the area. Downtown Charleston is a popular area for second homes because of the ideal location that is convenient to all the attractions, beaches and golfing locations throughout Charleston. The homes here sell very quickly with the average number of days on the market being only 78. The homes are selling for their asking price 96% of the time and the average selling price is around half a million dollars. Within the downtown area, there are many neighborhoods and boroughs that house shopping districts, commercial businesses and residences. The College of Charleston is located in the middle of downtown and is accompanied by the Medical University of the South, Trident Tech, the Citadel and Johnson and Whales. The private schools in downtown have stellar reputations and add to the reasons that downtown is a great, and exciting, place to be.
o Mount Pleasant: Location is a key selling point in Mount Pleasant because it provides easy access to shopping, beaches as well as downtown. This area has become one of the most desirable places in Charleston to buy a home. The average price of a home in Mount Pleasant is around $375,000, and the average amount of time on the market is about 70 days.
o West Ashley: Across the river from downtown Charleston lies West Ashley, a hub for businesses and shopping centers. The housing market consists of condos, townhouses and single family residences. The selling prices of the properties range from $165,000 into the millions for the properties that have a waterfront location. There is new construction, new neighborhoods and resale properties as well. It is not unusual to see multiple offers on one property that are higher than the list price in this area. The homes here can sell in as little as a month and a half.
o Summerville: Although Summerville is about 25 miles from downtown Charleston, the historic town has plenty of its own history with several building on the Historic Register. Summerville is also known for their beautiful flowers and has been nicknamed “Flowertown in the Pines.” Being away from the city of Charleston allows for lower home prices. The average home price in Summerville is currently around $200,000. The houses tend to stay on the market for about three months. There is plenty of new construction in the area along with traditional homes in charming historic districts.
o The island communities of the Isle of Palms, Sullivan’s Island, Kiawah/Seabrook and Folly Beach list some of the most exclusive properties in all of Charleston. These locations offer pristine beaches, championship golf and all the amenities you could ask form making any available residence here a hot commodity. The average selling price of a property in these locations is upward of $750,000, and properties with prime real estate can sell for several millions of dollars.
Sources:
1. www.sellingthelowcountry.com
2. www.realtytimes.com
3. www.visitsummerville.com
Related Articles