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

With the year coming to an end, numbers show an overall increase in homes/condos sold on both the Isle of Palms and in Wild Dunes. The average price per sale decreased on the Isle of Palms and slightly increased in Wild Dunes.

Isle of Palms

There were eight closed brokerage sales for $10 million in November, 2010 versus seven for $7.8 million last year.

Year to date, there have been 89 closings for $153.8 million versus 67 closings a year ago for $130 million.

Year to date, the price of the average sale was down 11% versus last year.

Wild Dunes

There were three closed brokerage sales for $2.7 million in November, 2010 versus three for $4.4 million last year.

Year to date there have been 71 closing for $113.4 million versus 49 closings last year for $71.1 million.

Year to date the price of the average sale is $798,908 versus $725,980 last year.

This entry was posted in Charleston, Charleston Real Estate, Isle of Palms, Isle of Palms Market Update, Isle of Palms real estate, Market Update, Uncategorized, Wild Dunes, Wild Dunes Real Estate, Wild Dunes Real Estate Update. Bookmark the permalink.

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