Kiawah Island Digest May 2017 | Page 5

2 May 2017 5 Spruce Up Your Yard With Pinestraw From KICA Spring is in full bloom and Kiawah Island is flourishing and green once again. Now is the time to re-nourish and revitalize your landscape beds with new pine straw. As a service to members, KICA offers pine straw (short needle) bales at a cost of $4 per bale plus tax. Orders must be placed at least one day in advance and are only available for pick up at the maintenance site at 20 Kestrel Court on Tuesdays and Thursdays between 8 a.m. to 3 p.m. Delivery is available on orders of 100 bales or more for a $50 fee (additional $5 per every 10 bales over the initial 100). For more information or to place your order, please contact KICA Maintenance (Monday - Friday, 7 a.m. - 3:30 p.m.) at 843-768-2315, toll free at 866-226-1770 or by e-mail at [email protected]. Payment accepted via credit card, check or charge to KICA member account. Kiawah Real Estate Trends: First Quarter 2017 Sales Price - First Quarter 2017 Property Type # Homes $1 million and below 2 $1 - 2.5 million 11 $2.5 million and above 3 Lots $1 million and below 10 $1 - 2 million 7 $2 million and above 0 Cottages/Villas 1 bedroom 6 2 bedroom 8 3 bedroom and above 10 High Average # 525,000 262,500 2,496,619 1,050,000 3,450,000 2,500,000 393,750 1,744,268 3,033,333 5 8 4 987,000 612,500 2,485,000 1,125,000 6,400,000 2,600,000 791,900 1,610,500 4,418,750 775,000 135,000 1,600,000 1,025,000 0 0 415,300 1,262,857 N/A 7 0 1 675,000 235,000 0 0 2,100,000 2,100,000 399,714 N/A 2,100,000 236,417 530,250 902,065 6 7 6 325,000 550,000 1,950,000 287,500 780,000 1,825,000 Low Sales Price - First Quarter 2016 207,500 290,000 465,400 High Low 180,000 293,000 502,250 Quarterly Change Average 255,250 378,643 872,875 # Price -60% -50% 38% 8% -25% -31% 43% 4% 100% N/A% -100% N/A% 0% -7% 14% 40% 67% 3% Note: This report is a summary of all sales transactions on Kiawah Island from all sources. This information was compiled by Kiawah Island Real Estate for the exclusive non-commercial use of Kiawah Island Digest. While it is believed to be accurate, a lag in reporting recent sales closings may occur due to the nature of obtaining this data from multiple sources. Note: This report does not include the sale of 2 Company bulk parcels in the amount of $14,420,000.