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

Isle of Palms

There were six closed brokerage sales in March, 2010 for $9.6 million versus three last year for $4.4 million.

Year to date, there have been 19 closings for $50.2 million versus 11 closings a year ago for $21.5 million.

Year to date, the price of the average sale was $1.3 million versus $977,000 last year. Please remember these are macro numbers dependent on the properties sold.

Wild Dunes

There were 8 closed brokerage sales in March, 2010 for $12.3 million vs. one last March for $1.2 million.

Year to date there have been 15 closings for $23.6 million versus five closings last year for $10.3 million.

The price of the average sale in January was $788,000 versus $1 million last year.

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