2017 Year in Review | Charleston, SC Market Update

The past 12 months have been incredible for Daniel Ravenel Sotheby’s International Realty.
Our firm sold over $140M in total sales in 2017, second only to 2005 which was at the peak
of the market, just before the Great Recession. Our average transaction amount has climbed above
$900k – a 21% increase year over year for the firm! To date our sales associates have sold over
$2 Billion in real estate in the Charleston area, all without litigation. Additionally, for 5 out of the
last 6 years, Daniel Ravenel Sotheby’s can boast the highest price paid in MLS in the Charleston area.
We pride ourselves on representing buyers and sellers at the highest reaches of the luxury market in
Charleston. This high level of service is also extended to our mid-market and modestly priced listings
as well, with all of our associates consistently offering “Million Dollar Service at Every Price Point”.
The spring has sprung in 2018 and there are buyers coming in from all over the country to look at
Charleston Real Estate. With some impressive new listings to promote and a great team of motivated
professional agents, Daniel Ravenel Sotheby’s International Realty is buzzing with activity as we move into
the the busy Spring selling season!
We are pleased to present our 2017 Year-End Market Report, which provides statistics and valuable
data about our different neighborhoods and sub-markets. Please enjoy this market update, feel free to share
with friends and neighbors, and let us if you have any questions about what this information means for you,
whether you are interested in buying, selling, or are just curious about the state of the market.