Isle of Palms / Wild Dunes Real Estate Update December 2010

Isle of Palms

There were seven closed brokerage sales for $9.5 million in December, 2010 versus eight for $15.9 million in 2009.

Last year there were 98 closings for $164.7 million versus 75 closings a year ago for $146 million.

In 2010 the price of the average sale was down 13.6% versus 2009 ($840,541 vs. $972,987). Please remember these are macro numbers dependent on the properties sold.

Wild Dunes

There were 11 closed brokerage sales for $11.3 million in December, 2010 versus 10 for $13.3 million in 2009.

Last year there were 82 closings for $125.7 million versus 60 closings in 2009 for $91.7 million.

Year to date the price of the average sale is $662,293 versus $763,758 last year. Remember, these are macro numbers dependent on the properties sold.

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

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