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

Isle of Palms

There were 13 closed brokerage sales for $18.5 million in June, 2010 versus 9 for $15.4 million last year.

Year to date, there have been 49 closings for $98.8 million versus 31 closings a year ago for $71.5 million.

Year to date, the price of the average sale was down 12.5% versus last year.

Wild Dunes

There were three closed brokerage sales for $3 million in June, 2010 versus four for $3.4 million last year.

Year to date there have been 35 closings for $52.2 million versus 21 closings last year for $39.7 million.

Year to date the price of the average sale is $745,114 versus $945,857 last year.

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