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2025 Q2 Property Report

Page 1

Kiawah Island Property Report A

K I A W A H

I S L A N D

R E A L

January - June 2025 Results

|

E S T A T E

kiawahisland.com

P U B L I C A T I O N

|

843.396.1522

Island-Wide Sales Results for First Half 2025 total Island-wide available inventory*

168

(end of Q2 each year)

(-31% from first half 2024)*

AT 202 5 HALF F I R ST

O B S E R V AT I O N S : • Kiawah Island recorded 168 property closings in the first

2025

=

143

$434M

2024

=

130

(-29% from first half 2024)*

2023

=

126

single-family home median price

2022

=

102

half of this year, generating a total of $434 million in sales volume. These numbers reflect a 31% decrease in transactions year-over-year (YOY) and a 29% dip in total sales volume due to the initial closings at The Cape that took place last year. Excluding The Cape, transactions would only be down 10% YOY, while sales volume would be up 9%. Overall, demand for the Island remains very strong.

2021

=

121

• Homesite values have surged, with the median price rising

2020

=

370

total dollar volume

A

G L AN CE

total properties closed

$3.25M

(+7% from first half 2024)

homesite median price

2 0 19

=

491

2018

=

524

$1.1M

2017

=

571

2 0 16

=

584

2015

=

553

2 0 14

=

561

2 0 13

=

576

(+76% from first half 2024)

villa & cottage median price

$995K

(-45% from first half 2024)* *Includes The Cape Sales

76% YOY, from $631K to $1.1M. In contrast, median prices for villas & cottages decreased 45%, from $1.8M to $995K due to the initial closings at The Cape in early 2024.

• Inventory increased modestly, with 143 active listings at

midyear—up from 130 during the same period last year. This represents approximately 3% of all Island-wide properties currently on the market. Of these, 70 are single-family homes, 49 are villas & cottages, and 24 are homesites.

• Single-family homes experienced a 3% YOY increase in

*Excludes Timbers Kiawah Sales

closed transactions, along with a 7% rise in the median sales price, which grew from $3.03M to $3.25M. The Island recorded 12 homes sold above $5M in the second quarter, up from 9, and now representing 29% of all single-family home transactions. The majority of activity—51%—continues to occur in the $2M to $5M range.

HISTORICAL ISL AND-WIDE FIRST HALF CLOSING ACTIVITY 650

$650M

600

$614

$600M $550M

550

$500M

500

$350M $300M $250M $200M $150M $100M

$466

VOLUME IN MILLIONS

$450M $400M

$466

450 $434 $380

350 300 250

$163

$171 $124

$146

$189 $159

$148

$125

200 150

$161

100

$50M $0

400

50 2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

0

Data was accumulated from property waivers submitted to Kiawah Partners and supplemented by other reliable sources including Charleston County property tax records. Excludes Bulk Sales.


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