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

Isle of Palms

There were seven closed brokerage sales for $13.3 million in May, 2010 versus five for $20.3 million last year.

Year to date, there have been 35 closings for $79.4 million versus 22 closings a year ago for $54.6 million.

Year to date, the price of the average sale was down 8.6% versus last year.

Wild Dunes

There were eight closed brokerage sales for $10.7 million in May, 2010 versus nine for $20.7 million last year.

Year to date there have been 31 closings for $48.4 million versus 17 closings last year for $38.1 million.

Year to date the price of the average sale is $780,677 versus $1.12 million last year.

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One Response to Isle of Palms / Wild Dunes Real Estate Market Update – May 2010

  1. Anonymous says:

    It is good to see home sales appear to be on the rise on the Isle of Palms. Thanks for keeping us up to date. There seem to be some good opportunities for second home buyers and investors.

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