Donnie Whitaker Real Estate

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.

Isle of Palms

There were six closed brokerage sales for $9 million in September, 2010 versus three for $2.8 million last year.

Year to date, there have been 71 closings for $127.9 million versus 51 closings a year ago for $105.4 million.

Year to date, the price of the average sale was down 12.8% versus last year.

Wild Dunes

There were eight closed brokerage sales for $14.7 million in September, 2010 versus ten for $11.4 million last year.

Year to date there have been 57 closings for $93.2 million versus 39 closings last year for $59.6 million.

Year to date the price of the average sale is $817,281 versus $764,445 last year.

Isle of Palms

There were five closed brokerage sales for $7.8 million in August, 2010 versus seven for $13.8 million last year.

Year to date, there have been 63 closings for $117.8 million versus 48 closings a year ago for $101.9 million.

Year to date, the price of the average sale was down 11.9% versus last year.

Wild Dunes

There were eight closed brokerage sales for $18.3 million in August, 2010 versus one for $1.6 million last year.

Year to date there have been 50 closings for $82.5 million versus 30 closings last year for $50.4 million.

Year to date the price of the average sale is $824,790 down 2% from $840,617 last year.