Sullivans Island SC Real Estate Sales Comparison 2008 vs 2009

By
Real Estate Agent with Exit Realty - The Tracey Group

In 2008 there were 14 properties sold at an average price of $1,654,044. The average sold DOM was 235.

In 2009 there were 21 properties sold at an average price of $1,289,342. The average sold DOM was 210.

Based on the above statistics the average sold property price in 2009 was down 22% from 2008. The number of properties sold in 2009 was up 50% from the number sold in 2008. The average sold DOM in 2009 has decreased by 11% as compared to 2008.

For more information on Folly Beach, just contact Randy Winks or Ronnie Winks  or check out www.randyandronnie.com or www.southcarolinabeachhomesforsale.com.

                                                                                                          

Additionally here are the statistics for the entire MLS area:

In 2008 there were 9042 properties sold at an average price of $291,915. The average sold DOM was 103.

In 2009 there were 8170 properties sold at an average price of $252,739. The average sold DOM was 115.

Based on the above statistics the average sold property price in 2009 was down 13% from 2008. The number of properties sold in 2009 was down 10% from the number sold in 2008. The average sold DOM in 2009 had increased by 12% as compared to 2008.

 

 

**Statistics are based on the Period - January 1 - December 31**

 

Comments (0)