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Charleston, South Carolina Update

"REAL Charleston News"

WHAT'S GOING ON IN CHARLESTON...

Music lovers will also enjoy the outdoor air and tantalizing tunes of Charleston Summer Concert Series' presentation of "Reggae Nights" at James Island County Park, July 21 and August 18.  The nationally-acclaimed Jah Works band from Baltimore, Maryland, rocks the night away with its unusual blend of roots-reggae and dance hall beats. A comfortably informal evening for the entire family can be enjoyed on blankets or lawn chairs, with food and beverages available. Other sounds adding gusto to the city's warm, breezy nights echo the fourth Saturday of each month with the Free Summer Concert Series at Charleston Waterfront Park, overlooking the historic harbor. 

And for ears that prefer indoor air, the 2007 Classic Concert Series offers chamber music selections at the historic Great Hall inside the Old Exchange at 122 East Bay Street, July 31 and August 28. Presented by the Charleston Chamber Players and Charleston House Concerts, music dating to the 18th century will be performed in period attire inside the same venue where President George Washington was entertained in 1791. Tickets can be purchased at the Old Exchange or by calling 843-727-2165.

 Another historic downtown venue, the Heyward-Washington House at 87 Church Street, will celebrate America's independence with special Revolutionary War focus tours on each Saturday during the month of July. Home to one of South Carolina's four signers of the Declaration of Independence, Thomas Heyward, the museum house bears the distinctive diamond plaque that signifies a place where George Washington stayed. The 1770 mansion has notable interior carvings and designs, and is considered among Charleston's most historic locations. For focus tour information, contact www.charlestonmuseum.org.

 If strolling is too tame, try a West African dance class at the North Charleston Cultural & Civic Center Complex, July 11,18, 25. Presented by Charleston's award-winning Adande Dance/Drum Company, classes offer instruction in a wide range of rhythmic West African dances that have been handed down for generations. For information contact 843-745-1087. 

Another historic downtown venue, the Heyward-Washington House at 87 Church Street, will celebrate America's independence with special Revolutionary War focus tours on each Saturday during the month of July. Home to one of South Carolina's four signers of the Declaration of Independence, Thomas Heyward, the museum house bears the distinctive diamond plaque that signifies a place where George Washington stayed. The 1770 mansion has notable interior carvings and designs, and is considered among Charleston's most historic locations. For focus tour information, contact www.charlestonmuseum.org.

FEATURED CHARLESTON PROPERTIES

 

CHARLESTON OUTDOORS

 For the nature-lover, July and August are exceptional for the city's many kayak and adventure tours and rentals. Warmer weather brings pristine estuaries and marsh creeks to life with an abundance of great blue herons, red-winged black birds, brown pelicans, glossy ibis, sandwich terns and great egrets. Mudflats seem in constant motion with the millions of fiddler crabs emerging for summer's feeding frenzy.  Most enjoyable are the frolicking antics of dolphin and porpoise pods, which roam waterways thrashing the surface in a variety of leaps and tail slaps. These curious creatures will often surface next to paddlers and will sometimes propel themselves on nearby banks to catch fish in a behavior known as stranding. Sightseeing and eco-tours offer paddlers an impressive array of vantage points to take in Charleston and its surrounding natural areas, from waterfront views back at the city's famed Battery and steepled skyline, to historic Shem Creek shrimpboats and fishing docks and open expanses of spartina salt marsh lined with moss-covered oak trees. Contacts: www.coastalexpeditions.com, www.lowcountrypaddlers.com, www.barefootislandsports.com.

 

CHARLESTON EXPLORER

Across the Cooper River at the Patriots Point Naval & Maritime Museum, the windswept decks of famed U.S. Navy warships present a stirring spectacle of patriotism, service and valor. The most visible of these is the 900-foot aircraft carrier U.S.S. Yorktown, which served from 1943-1976 and was awarded eleven battle stars in winning the nickname "The Fighting Lady". Flight and hangar decks are crammed with vintage aircraft that served on the Yorktown during World War II, the Korean War and in Vietnam, and there is also a flight simulator on board that allows visitors to take the controls for a mock dogfight and carrier landing. The Yorktown is also home to the newly-renovated Medal of Honor museum, with detailed backgrounds of every recipient of America's highest honor. The massive outdoor museum complex features full access to several other great ships as well, including the destroyer escort U.S.S. Laffey, which survived five kamikaze hits during the battle of Okinawa, as well as the U.S.S. Clamagore, one of the Navy's first "thick skin" diesel submarines capable of reaching depths of more than 300 meters. In addition, there's a life-size Vietnam-era Naval Support Base, featuring attack helicopters and river patrol boats. For information, contact www.patriotspoint.org

CHARLESTON TRIVIA

Hampton Park in the Northwest section of the city has been, over the years, a horse-racing track, a Civil War prison camp, and a fantasy city. Today's circular drive around banks of azaleas and moss-covered oaks follows the path of the old Washington Race Course, laid out for horse-racing in the 1790's. In 1864, hundreds of Union prisoners were brought here from Georgia when Sherman threatened Confederate prison camps, and soldiers live in tents or in the open meadows. By 1901, these grounds were converted into a landscape of elaborate white buildings known as the "Ivory City" for the Interstate and West Indian Exposition, an international showcase of regional culture and history intended to draw business to Charleston. The Exposition was a financial failure and the Ivory City was torn down a few years later, leaving a reflecting pond and sunken gardens that became the center piece for a city park named opened in 1903 and named for former governor and Confederate hero Wade Hampton.

 

CHARLESTON ARCHITECTURE - Featured home: Aiken Rhett House

 The Aiken-Rhett House at 48 Elizabeth Street is a 23-room mansion built in 1818 and remodeled lavishly in the Italianate style by William Aiken, governor of South Carolina in 1844-46. The design was influenced by Italian villas the governor had seen on frequent trips to Europe, with extended wings creating a "piazza" or square for which city porches became known. The house is distinguished by an elaborate marble and iron-railed double stair entrance supported by Doric columns, leading to exquisite ballrooms upstairs where many of the fine furnishing and artwork collected by Aiken is still on display. It was here that Confederate President Jefferson Davis was entertained during the Civil War, and was briefly headquarters for Confederate defenders of the city. Inherited by the Rhett family, it was donated to the Charleston museum and is open to the public.  Find out more about Charleston's most famous addresses... 
 

 

Charleston Real Estate Update - It's good to know the facts.

May - June 2007 - Single Family Homes

Conflicting Views May Be a Factor in Real Estate Market
Date: 6/11/2007
Charleston, S.C. (June 11, 2007) –– The real estate market in Charleston experienced a decrease in units sold over May 2006, as the market continues to seek middle ground between buyers and sellers. The average median sales price year-to-date increased from 2006, while days-on-market maintained the pace of the first quarter of 2007, according to the Charleston Trident Association of REALTORS®.

There were 1176 units sold in May 2007, down from 1471 units in May 2006. The median price year-to-date is up 1.5% when compared to 2006.

MLS President pointed to conflicting viewpoints between buyers and sellers as being a factor that could be effecting the market. “Sellers think they can fetch a high price because median price is going up, while buyers think they should pay less because homes aren’t moving as quickly and inventory is rising.”

In May, homes spent an average of 94 days on the market before being sold; and the average home sold for 96.39 percent of its original asking price.

“Historically, the difference between sales price and list price has been less than 5%,” said Rawers. “A realistic seller shouldn’t list their house for more than 5% of its estimated market value, while a realistic buyer shouldn’t expect to offer less than 5% of the listing price and have a chance of obtaining the property.”

Sold Total Avg List $ Avg Sold $ Avg DOM
Downtown Charleston - South of Crosstown 20 $1,077,935 $1,017,970 148
Downtown Charleston - North of Crosstown 15 $405,686 $397,803 128
Mount Pleasant North of  Hwy 41 27 $518,066 $503,004 112
Mount Pleasant South of Hwy 41 63 $588,370 $565,012 109
James Island 51 $434,437 $413,842 111
Kiawah Island/ Seabrook Island 5 $1,191,800 $1,141,030 111
Isle of Palms/Wild Dunes 8 $1,751,500 $1,669,063 229
Daniel Island 11 $802,000 $766,601 149

We would like to hear from you!  If you have questions about a topic in this newsletter, Charleston SC or property in the tri-country area, please email or call me. 

Jane Dowd - Charleston Real Estate
843-224-2788
www.CharlestonAddress.com
www.Locountry.com

 

Charleston Real Estate News Archives

Downtown Charleston, West Ashley, Johns Island, James Island, Kiawah Island, Seabrook Island, Sullivan's Island, Isle of Palms (Wild Dunes), Edisto Island, Folly Beach, Mount Pleasant, Wadmalaw Island and Daniel Island

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Charleston, South Carolina Photographs - scenic imagery courtesy of Dana Elliott