The Charleston Real Estate Advisor

Academic Magnet High School - Stay at The Naval Base

 As a parent of Academic Magnet High School student,  I have been listening to the pro and cons of moving Academic Magnet High School (AMHS) to the new building and sharing the campus with The School of the Arts (SOA).  What makes AMHS and SOA great schools is not the buildings but culture of each school.  The vision and culture of both schools are unique and the merging of the two on same campus will erode their individual cultures.   Look at the corporate world,  every time you bring to 2 companies together to share a facility,  the culture of those 2 companies erodes and they lose their identity.  Culture is what makes AMHS and SOA what they are today,  not the buildings.   My vote is to keep Academic Magnet High School at the Old Naval Base.

Charleston Real Estate: A Video that will Make You Laugh

Here is a video that anyone who works in or around Charleston Real Estate will make you laugh.

Charleston This Month in Real Estate - February 2009

Stono Ferry Real Estate Market in Review February 2009

  We finally saw the real estate activity in Stono Ferry make a dent in the residential inventory.  Two homes and one townhome sold in Stone Ferry during February 2009.  The homes that sold were all at or below $450,000.  Across the Charleston area we are seeing the properties below $400,000 selling the best.  No lots went under contract and two more lots came on the market.  Lot sales are lagging behind the residential sales throughout the Charleston region.

February 2009 Stono Ferry
Homes Sold

Address                         List Price        Sold Price        Sold/List Ratio
Marshwood Dr                $564,000        $450,000                 79%
Marshwood Dr                $380,000        $360,000                 95%

February 2009 Stono Ferry
 Ironwood Townhomes Sold

Address                         List Price        Sold Price        Sold/List Ratio
Fairway Dr                    $380,000        $360,000                98%

February 2009 Statistics
 For
Stono Ferry Homes, Townhomes and Lots

    * Stono Ferry Homes For Sale:   18 (-1)
    * Stono Ferry Homes Under Contract: 0
    * Stono Ferry Homes Sold: 2

    * Stono Ferry Ironwood Townhomes For Sale:   10  (+1)
    * Stono Ferry Ironwood Townhomes Under Contract: 0
    * Stono Ferry Ironwood Townhomes Sold: 1

    * Stono Ferry Lots For Sale:   22 (+2)
    * Stono Ferry Lots Under Contract: 0
    * Stono Ferry Lots Sold: 0

(Source: CTAR Statistics.. Reliable but Guaranteed)