Isle of Palms SC Real Estate Sales Comparison 2008 vs 2009

By
Real Estate Agent with Exit Realty - The Tracey Group

In 2008 there were 40 properties sold at an average price of $1,051,334. The average sold DOM was 256.

In 2009 there were 73 properties sold at an average price of $979,511. The average sold DOM was 222.

Based on the above statistics the average sold property price in 2009 was down 7% from 2008. The number of properties sold in 2009 was up 83% from the number sold in 2008. The average sold DOM in 2009 has decreased by 13% 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**

 

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