Spring 2018 Market Update
The Law of Supply and Demand in Bulls Bay One trend that continues is the increasing number of sales and the decreas-ing inventory of property for sale. We’re starting to see new listings put on the market at fair market value receiving multiple offers in the first few days where in the past they were […]
MCVL Realty Blows the Lid Off McClellanville’s Luxury Market
In August of 2017, MCVL Realty represented the sellers of a waterfront home at 508 Romain Road in McClellanville. The property closed with a sales price of $1.25M, 97% of the 1.29M list price after just 3 months on the market. The average for homes over $1M in the area is 90.8% sale-to-original-list-price ratio and […]
Fall 2017 Market Update
2017 showed steady sales throughout the year matching our performance to this point last year. Following the rollercoaster ride of the last decade, it gives me confidence to see stability returning to the market. That stability will be reflected in consumer confidence. As the stock market soars, many are looking to pull out some of […]
“I Don’t Want a Homeowners Association”
As more and more people move from the cities and suburbs to McClellanville and Awendaw to find their piece of the country, we are hearing an all too common theme that they do not want to be in a Homeowners Association or HOA. They recite stories of psychotic HOA presidents who hide in the bushes […]
Spring 2017 Market Update
2016 was an incredible year for real estate sales in the Bulls Bay area with activity surpassing pre-recession rates. MCVL Realty led all other offices in the area in sales for the 3rd year in a row and more than doubled last years sales with 53 sides totaling over $7.5 million in sales. These sales […]
Summer 2016 Market Update
This spring brought with it a very active time for real estate in the Bulls Bay area. For the first half of the year, MCVL Realty, once again, held the top position claiming over one quarter of the sales in McClellanville and Awendaw. In fact, at the half way point in 2016, we have surpassed […]
North of “East of the Cooper”
When I began my real estate career a decade ago, I would estimate that only 5% of buyers in the Bulls Bay area were moving from Mt. Pleasant. In recent times, people leaving Mt. Pleasant are making up roughly half of our buyer activity. The explosive growth of that area has people looking to escape the […]
Spring 2016 Market Update
2015 was another fantastic year for real estate in the Bulls Bay area and also for MCVL Realty! We led the area in sales volume, selling 25 sides worth over $5 Million. A majority of these sales came from within McClellanville, where we dominated the market with a 40% share of the dollar volume of […]
Summer-Fall 2015 Market Update
Having just passsed the halfway mark in the year, I thought it would be helpful to compare the number of properties sold in the McClellanville / Awendaw area in previous Q1 and Q2 periods to see how this year is stacking up. As you can see in the graph, we are off to a great […]
Spring 2015 Market Update
November through February are traditionally very slow real estate months. Between the holidays, the cold weather, and the upcom-ing tax season, there is typically just not a lot of buyer activity. It’s normally served as a time for me to check off a long list of tasks that have been stacking up on my to-do […]