From July through September, the average cost of a home locally was $326,500, up 10 percent from $296,500 a year before. Median prices also inched up 1.5 percent in the third quarter to $209,000, from $205,000 a year ago. At the same time, sales sagged close to 20 percent to 4,378 from 5,630 in the same three months of 2006.
The Rocky Mount, N.C.-based company found prices rising in all sectors except condominium resales. Average values increased in Dorchester, Berkeley and Charleston counties, although median prices slid a bit year-to-year in Charleston County. Sales sank in all three counties.
I'On green at Mixson
The new urban, sustainable Mixson neighborhood from I'On Group in North Charleston is taking its environmental ethos to the bank.
Even in a slow market, the community booked 23 reservations and sold a dozen residences in one week, says Vince Graham, founder of the I'On Group. "This is a powerful message: People are not only interested in sustainable development. They're ready to buy," he says.
The developer, known for the neotraditional I'On neighborhood in Mount Pleasant, launched sales at Mixson at the end of October. Eventually, the 44-acre village will have stores, civic buildings and 950 homes along "winding, cobblestone streets, archways and grand oaks," the developer says.
Beazer teaser
As part of its "Unwrap a New Home for the Holidays" promotion, Beazer Homes is holding free gift-wrapping workshops open to the public, including one in Summerville on Sunday.
Local "gift wrap artist" Dana Dalton of Saks Fifth Avenue will demonstrate techniques and materials that make opening presents an experience in itself.
The workshop will take place 2-6 p.m. at 102 Gaslight Boulevard in Reminisce, a Beazer neighborhood off Butternut Road. For more information, visit www.beazer,com.
Brought together
Trying to find the latest gatherings for this holiday season? Well, here's one: a mile north of Bees Ferry Road. That's the location of The Gatherings, a new riverside community of condominiums and townhomes. The neighborhood, at 3100 Ashley River Road, is on 44 acres with 100 oak trees and more than 800 feet of frontage on the Ashley River.
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source: charleston.net
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