Residential property deals for the largest Realtor on one particular Charleston-area island finished the first half of the year with a healthy gain.
Kiawah Island Real Estate saw its total real estate closings through June reach $142 million in volume, up handily from $101 million a year earlier.
The company “ended the first half of the year with a 41 percent increase in (sales) closings, when measured against the first six months in 2014,” says Chris Drury, president and broker-in-charge of Kiawah Island Real Estate.
Meanwhile, the agency managed 115 signed contracts valued at $173 million in the first half of 2015, compared with 103 signed contracts valued at $116 million at the same point last year.
”The pipeline for continued summer sales already looks promising, as we continue to see positive real estate growth on the island,” Drury says.
In June, the agency racked up $29 million in sales, while booking 17 finished transactions, Also in the month, Kiawah Island Real Estate landed $28 million in new signed contracts.
The company notes it achieved 86 percent market share of the total listing volume in June.
Reach Jim Parker at 937-5542 or email@example.com.