James Island Real Estate News Weekly Real Estate News: December Homes Sales ‘A Much More Positive Place’

The impact of a government tax break and continued low interest rates gave local real estate, including James Island, a big nudge!

In all, the Charleston Trident Association of Realtors recorded a total of 618 home sales last month - an increase of 30% over December 2008. A key indicator of this nudge is the inventory of listed properties dropped 5% to 8,940 properties.

We appear to be in a “much more positive place at the end of 2009” and possibly may expect to see steady growth over the next year.

For more on Charleston Real Estate Home Sales, read this article from the Post and Courier.

For More information on James Island Real Estate or Long-Term Rentals contact Jay Tracey Broker/Owner of Exit Realty The Tracey Group.

James Island Real Estate

James Island Real Estate for Sale - Homes for Sale in James Island SC. You can also search for homes in these market segments, James Island Entry Level Homes, James Island Median Homes, James Island Upscale Homes, James Island Luxury Homes,and James Island Lots and Land in James Island SC. SC Real Estate for Sale in surrounding towns and communities, such as: Folly Beach, Summerville, James Island, Johns Island, West Ashley, and Charleston SC. Exit Realty The Tracey Group (843) 270-1300.

James Island Entry Level Homes less than $200,000	James Island Median Homes between $200K and $350K	James Island Upscale Homes between $350K an $700K
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James Island Rich with History

During the 19th century, plantations were built on James Island, along with the development of the village of Secessionville, a summer retreat for plantation owners. Indigo, cotton & rice were cultivated and the raising of beef cattle was quite lucrative. Numerous battle sites and historic buildings, including former slave quarters are still here today.

The Civil War began on James Island the morning of April 12, 1861. The Confederate Forces at Fort Johnson fired upon the Union occupied Fort Sumter. Both forts were located on the island’s northern shore. Much of the fighting in the Charleston area during the remaining years of the Civil War occurred on James Island and it’s close neighbor, Morris Island, as Union troops tried to invade Charleston from the south from their base at Folly Beach.

After the war, the large plantations were no longer working and small farms began to be the norm. This remained true until the 1960’s. The opening of the James Island Expressway or James Island Connector in 1993 made the island much more accessible and a prime location for development.