Summerville Community Beats Previous Sales Mark for Both December & January
February 7, 2013
SUMMERVILLE, SC – February 7, 2013 – Sales at The Ponds, a 1,950-acre master-planned community in Summerville, have broken records for the neighborhood in both December 2012 and January 2013. Data for Summerville from the Charleston Trident Association of Realtors show a nearly 21% increase in closed sales for December of all single-family detached homes in the area.
Led by Carolina One New Homes, the sales team at The Ponds wrote 9 contracts in December, 12 contracts in January and has 4 contracts to date in February. Throughout 2012, the number of new contracts at The Ponds averaged about 5 each month. Of the recent contracts, 18 are homes to be built, with the remaining sales from builders’ existing inventory.
The contracts span a variety of builders for The Ponds, including Sabal Homes, DR Horton, Mungo Homes (Harbor Homes Division) and HH Hunt. Home prices for the sales averaged $303,500.
We are excited to see this upward trend in folks building new homes at The Ponds, says Will Jenkinson, broker in charge of Carolina One New Homes. I think the fact that the majority are choosing to build homes shows an increase in consumer confidence, and we’re glad they placed their confidence in the wonderful community that is The Ponds.
It’s satisfying to see The Ponds really hitting its stride as a community, says John W. Morgan, The Ponds community manager for Greenwood Communities and Resorts. Homeowners of all ages are out making the most of everything The Ponds has to offer — the YMCA, the trails and ponds, the Pavilion and especially the new Ponds TreeHouse play structure designed and built by Lowcountry artist Wayne Edwards.
About The Ponds
The Ponds is a 1,950-acre master-planned community set between the town of Summerville and the Ashley River Historic District. In addition to a 1,100-acre nature preserve, residents of The Ponds enjoy the benefits of an on-site Summerville Family YMCA, EMS/Fire Station, and several community parks. Greenwood has also provided the land for proposed new K-8 public school.
The Ponds’ residential offering includes custom home sites priced from the $70s and single-family homes priced from the mid $200s. Community amenities include a pool, outdoor pavilion, 11-acre multipurpose field, a brand new tree house designed by famed artist Wayne Edwards and a restored historic farmhouse, along with an outdoor waterfront amphitheatre and several neighborhood parks. To date, more than 10 of the soon-to-be 21 miles of community and conservation trails throughout the property have already been refurbished at the Ponds. In addition to the trails, there will be 38 miles of sidewalks connecting all areas of the community. For more information, call 843-832-6100 or visit www.discovertheponds.com.
About Greenwood Communities and Resorts
Greenwood Communities and Resorts, based in Greenwood, S.C., has been a leader in the creation and management of award-winning residential and resort communities in the southeastern United States since 1978. Beginning with the award-winning Palmetto Dunes Resort at Hilton Head Island and evolving to current communities like The Ponds, Big Canoe near Atlanta and The Reserve at Lake Keowee, Greenwood’s mission has remained the same: Create memorable places that foster meaningful and fulfilling lives. Greenwood has been actively involved in the Charleston market for almost 20 years, successfully completing Coosaw Creek Country Club in North Charleston and Beresford Hall on the Cainhoy Peninsula in Charleston. For more information, visit www.greenwoodcr.com.
