Inventory rates on the Isle of Palms for the beginning of 2009 remain high and asking prices continue to drop on many of the homes for sell. Here is a list of a few of the high end properties that have seen significant price reductions since they were originally listed.

716 Carolina Blvd was $2,999,000 and is now listed for $2,499,000.

506 Carolina Blvd was $3,075,000 and is now listed for $2,450,000.

12 41st Ave was $2,370,000 and is now listed for $1,999,000.

14 41st Ave was $2,825,000 and is now listed for $1,800,000.

130 Charleston Blvd was $2,995,000 and is now listed for $2,750,000.

111 Charleston Blvd was $3,250,000 and is now listed for $2,650,000.

9 23rd was $2,395,703 and is now listed for $1,700,000.

2204 Palm Blvd was $4,250,000 and is now listed for $3,975,000.

900 Ocean Blvd was $3,300,000 and is now listed for $2,550,000.

Please note these properties are listed by various participants of the Charleston Trident Multiple Listing Service and numbers are subject to change.