Isle of Palms / Wild Dunes Real Estate Market Update – February 2010

Isle of Palms

There were seven closed brokerage sales in February, 2010 vs. three last February. February, 2010 closed brokerage production was $22.2 million vs. $5.7 million in February, 2009.

Year to date, there have been 13 closings for $40.6 million versus 8 closings a year ago for $17.8 million.

Year to date, the price of the average sale was $3.1 million versus $2.2 million last year. Please remember these are macro numbers and dependent on the properties sold.

Wild Dunes

There were three closed brokerage sales in February, 2010 for $4.5 million vs. three last February for $8.1 million.

Year to date there have been seven closings for $11.3 million versus four closings last year for $9.1 million.

The price of the average sale was $1.62 million versus the $2.26 million last year.

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2 Responses to Isle of Palms / Wild Dunes Real Estate Market Update – February 2010

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