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Steven Ellis

"Voted Best Agent"
  • 2 Answers
  • 71 Listings
Agent at Akers, Ellis & Truluck Real Estate
About:
Steven was the leading sales person for the company in 2008, 2007 and 2006 and is one of the top producing agents in all of the greater Charleston real ... show more
Testimonials:
"We were so lucky to meet Steven. He is not the typical "pressure" agent and actually talked us out of a few over priced properties. He was very candid ... show more
Steven Ellis answered:
Rick,

The challenge with most of the stats you have received is that 75% of all sales on Kiawah are not reported through our local MLS system. Furthermore the homes and villas can vary from $300k to $14m. For example, two $8m homes sold in early 2008 which caused the averages to swell. However, the average sales price in 2008 was off 15% to 27% from 2006 and 2007.

The three bedroom villas have taken more than a 20% hit.

I sold 9 villas on Kiawah in 2008 and most were priced like villas in early 2005 prior to the large jump in prices.

There are some heavily reduced villas on the market and over the past 3 weeks, we have seen a pick up in sales.

I hope this is helpful.

Steven Ellis
Kiawah Island Real Estate Specialist
Akers, Ellis & Truluck Real Estate
sellis@aetrealestate.com
843-814-1462 - Tue Jan 6 2009, 13:00

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