Nexton Square To Open Next Summer!

Being able to walk to restaurants and retail shopping is rising to a new level next summer in the Nexton community of Summerville.  Several of Charleston’s most loved businesses will be coming to the “Nexton Square” shopping center.

Homes for Sale in Nexton - Nexton Square

As homes for sale in Nexton and the surrounding area continue to attract growth, retailers and restaurants are responding to the need.

“Summerville is poised for continued growth, and Nexton Square provides a shopping and dining destination for people that live and work in the area”, said Charles Fitzhenry, in a press release Wednesday. “Because of this, it’s important that Nexton Square offers a walkable and interactive experience for guests.” (Quote From CountOn2)

The current list of tenants includes:

•       Tropical Smoothie Cafe
•       The Bicycle Shoppe
•       Fuji Sushi
•       Title Boxing
•       Simple to Sublime
•       Bey + Eloise Apparel
•       Guinot Skincare
•       Optical Impressions
•       Southern First Bank
•       Vicious Biscuit
•       Taco Boy
•       Bad Daddy’s Burgers
•       DB’s Cheesesteaks
•       Diamond Nails
•       Wok N Roll
•       Chatime Ice Cream
•       Wild Birds Unlimited
•       Poogan’s Southern Kitchen
•       Halls Chophouse
•       Sportsbook
•       Trident Dentistry
•       Bar Louie

For those who live in Nexton, or those interested in homes for sale in Nexton, you won’t have to wait long! The new center in Nexton Square is set to open in the Summer of 2019.


Christmas Events in Summerville, SC 2018

Christmas Events in Summerville, SC

Gingerbread Creation Contest:

The Gingerbread Creation Contest has become a favorite for those participating and those wandering around and looking at them! Let your creative side go and make a fun creation for display around Summerville!  Help decorate the historic downtown Summerville for Christams through the Gingerbread Creation Contest. Sugary creations will be on display throughout Historic Downtown Summerville in November & December.  Prizes will be given for Culinary Professional, Adult, Child, and Group (family, organization, business, club, etc.) categories. Gingerbread Creation Contest Form

The Living Christmas Story

When: December 7-9, 6:30-9pm

Where: Historic Downtown Summerville, Bethany UMC

About: This is down the street from my home in Summerville. Each year we enjoyed visiting this with our children.  The people of Bethany United Methodist Church of Summerville, SC, put on an amazing Living Christmas Story that you can drive through. It is like you stepped back in time to the town of Bethlehem. It is an inspiring time.  Learn More about the The Living Christmas Story.

A Christmas Carol Walking Tour with Tim Lowry

When: December 20-21,2018

Where: Historic Downtown Summerville

About: Charles Dicken’s “A Christmas Carol” is one of the staples of the Christmas season and now you can hear the Summerville local storyteller, Tim Lowry retell it!  Walk around Historic Downtown Summerville with Lowry and have a great evening of Ebeneezer Scrooge and Christmas Cheer.  Learn More about the Christmas Carol Walking Tour.

Christmas Tree Lighting

When: Tuesday, November 27, 2018 6:15pm

Where: Hutchinson Square, Downtown Summerville in front of Town Hall

About: The annual Christmas Tree Lighting in Hutchinson Square will be on Tuesday, November 27th beginning at 6:15pm. Join the Mayor of the Town of Summerville as he lights up Town Square in Historic Downtown Summerville. In addition to the lighting, musical entertainment, food vendors, and few kids activities will be available starting at 6:15 pm. This event is hosted by the Flowertown Garden Club.

Christmas Parade of Boats 

When: Dec 8 ,2018 5- 8pm

Where: Downtown Charleston

About: If you are already downtown on December 8th, make your way over to the harbor to see the fantastic display of decorated boats floating through the water. It is a spectacular show that will make you feel like a little kid looking at Christmas lights! If you aren’t downtown, maybe you should go! Learn More about the Parade of Boats.

Summerville Christmas Parade

When: December 9, 2018 2pm

Where: Downtown Summerville

About: Come have fun celebrating the Christmas Season with this fun family event. The Summerville Christmas Parade has grown to one of the largest in the state and is a sight to behold! “The mission of the Summerville Christmas Parade is to promote positivity throughout the Town of Summerville while capturing the spirit of the Christmas holiday for all to enjoy. The parade aims to bring the community together as a whole to celebrate the season while representing the local history and traditions. We welcome a diversity of ideas while addressing the parade theme.” Schools, businesses and organizations all are encouraged to participate and support the community. Come join the town! Register for the Summerville Christmas Parade.

Holiday Festival of Lights:

When: November 9,2018-1/1/2019 , starts at 5:30pm.

Where: James Island County Park

About: I’ve written about my experiences and tips for the Festival of Lights in previous years, and I stand by them! If you have children in your life, or even if you don’t, try to get out and see this display! The light show is over three miles long (you drive in your car) and then you can park and walk through beautiful light displays, roast marshmallows, sip hot cocoa and ride the train!   More about the Festival of Lights.

If you don’t live in Summerville yet, but would like to enjoy events like these on a regular basis, please  contact me ! If you are interested in buying a home in Summervillenew home in Summerville , a historic home in Summerville or selling your Summerville home, the Foster Smith Team can help.

Just the Stats: What Happened Last Month in Real Estate in Summerville, SC? November 2018

Homes for Sale in Summerville, SC

After a down month in September, Summerville Real Estate returned to its normal strong numbers in the month of October. We saw 294 homes for sale in Summerville sell after an average of only 40 days on the market. The number of days it takes for a home to sell in Summerville has gone up by 14% from this time last year in 2017.  (Hear me explain why in The Fall Real Estate Market Update with Foster )

The average sales price for a home in Summerville continues to climb upwards and averaged $254,623 last month, which is up four percent compared to this time last year. According to our Summerville real estate market reports, we’ve dropped under 2.5 months supply of homes for sale in Summerville .

According to our Summerville real estate market reports, we are hovering around 2.5 months supply of homes for sale in Summerville .

This lack of homes for sale in Summerville, SC continues to drive our seller’s market and Summerville prices up  continue to move up. We have 10% less homes on the market this year than we did this time last year.  The average price per square foot in Summerville has risen to around $128/square foot.

I can help you if you are interested in seeing real estate for sale in Summerville, SC ,  buying a home in the Summerville areanew home in Summerville , a historic home in Summerville or selling your Summerville home.

If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.

Should I Sell My Summerville Home in The Fall?

Homes for Sale in Summerville, SC

Fall is always a time of year where people are unsure of whether they should place their home on the market. I often am asked, “Is it a good time to place my home for sale in Summerville? ” There are a number of factors to think about when you make that decision.

1.Motivated Buyers

During the fall, you are interacting with a select group of buyers who are very motivated and not just “kicking the tires.”  I personally have four different families coming to look at homes this month and all of them want to finish their home shopping time with a signed contract.  The buyers that are out looking at homes for sale in Summerville in the fall and winter are ready to move and want to do so quickly once they make a decision. There are also a number of tax benefits for those that close before the close of the year.

2. Less Inventory & Competition

If you watched my Fall Real Estate Market Update for Summerville, you know that there are fewer homes for sale than there are buyers.  We have half as many homes for sale in Summerville now as we did five years ago!  It is a strong seller’s market in the lower end (under 200K). However, in the higher bracket, the market is not as strong, even with a seller’s market. The rise in interest rates is causing the higher market to slow down a bit. In the fall, many listings come off the market because people don’t want to show their home through the holidays. That means those houses that are on the market get shown more and have less competition.

3. More Attention

The workload for everyone in the real estate industry starts to slow down in the fall months.  This includes real estate agents, mortgage brokers, home inspectors, closing attorneys etc.  With a diminished workload, your house and your contract gets more attention and you get a quicker response time. Everything from appraisals to inspections are easier to schedule once the fall months kick in.

If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.

Happy Fall Selling in Summerville!

Homes for Sale in Ashborough East-Summerville, SC

Ashborough East  is an older well established Summerville Subdivision . Similar to its neighbor subdivision across the street, Ashborough, it is known for its large lots, well built, large homes and well established landscaping and trees. Ashborough East is on the outskirts of Summerville and offers beauty and a quiet respite for its home owners. Ashborough East offers a variety of amenities to its homeowners including a community boat and RV storage facility, swimming pool, tennis courts, and play park.  It is also located in close proximity to the Oakbrook YMCA.

Homes for Sale in Ashborough East Subdivision Summerville, SC

Ashborough East Neighborhood Report:

Here’s a snapshot of who lives in Ashborough East, where they work, average commute time and more:

Homes for Sale in Ashborough East in Summerville, SC

  1. Who Lives in Ashborough?
    1. 40% are Married with Children
    2. 30% are Married with No Children
    3. 20% are Single with No Children
    4. 10% are Single with Children
  2. What is the average price per square foot of homes sold in Ashborough?
    1. $119 per square foot
  3. What is the average sales price of homes in Ashborough?
    1. $350,875
  4. Number of houses for sale in Ashborough East? 
    1. Five

These facts speak to the current real estate market conditions in Summerville as a whole. (Read more about What is driving the Home Prices Up in Summerville?) We are seeing increases across the board in the Charleston area market. In most areas, including homes for sale in Summerville, we have a strong seller’s market because of the low inventory.

If you are a home owner in Ashborough East Subdivision and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form. With the decrease in inventory, you may be surprised how quickly your home may sell when priced correctly and marketed by the Foster Smith Team.

Fall Real Estate Market Update with Foster Smith

Hello! Welcome to the fall market update! This is Foster Smith from Carolina One Real Estate. Coming to you from Charleston, South Carolina, the Tri-County area, specifically in Summerville.

How’s the market? Well, the market is like politics, it’s all local.

I put a house on the market last week. It was a $100,000 dollar investor property.  We had eight showings in six hours, and one full price cash offer. According to that transaction, the market is great!

However, a little higher up the market is not as strong. Interest rates are rising up and causing the higher market to slow down a bit. Inventory continues to be stubbornly low. We have about half as many houses on the market now as we had five years ago.

The question rises then, “What should I do? Should I list my home before the holidays? With Thanksgiving, Christmas and New Years, I don’t know if I  want to do that.  However, the market is such that the inventory is low. We have people that are coming that are actually motivated buyers. I personally have couples coming from Florida, North Carolina, Virginia, Massachusetts, in the next month. They are coming in to buy a house. And that is just me personally.

There’s still a lot of pressure on the market to buy which indicates maybe you should put your house on the market. If you’re in the market to sell, even in the Fall, with the holiday season,  it is a good time because we have a good motivated crop of buyers still looking.
If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.

Riverfront Property for Sale on Edisto River- SOLD

Homes for Sale in Summerville, SC

This quiet getaway to enjoy nature has left the market! Last week we closed this fully furnished waterfront property on the Edisto River with a private dock and boat landing. It only lasted on the market for six days before going under contract.

Please feel free to contact me if you are interested in buying a home in Summervillenew home in Summerville , a historic home in Summerville or selling your Summerville home.

If you are a home seller and would like to discuss your Summerville Home and what it is worth in our market today, please e-mail me for more information or fill out this form.