Donnie Whitaker Real Estate

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.

This will be the first of my monthly “top 10 picks on the island” update. For my selections I am not only looking for a home/condo priced well, but I am also considering location and condition, upgrades, etc.

In each update I will include homes/condos in Wild Dunes, Isle of Palms, and on Sullivan’s Island.

So, here is my first list, in no particular order:

Sullivan’s Island

2420 Jasper Dr. , $850,000 , 4 BR / 2 1-2 BA, 2,104 sqft

Isle of Palms

14 41st Ave , $1,399,900 , 6 BR / 6 1-2 BA , 4,334 sqft

2408 Palm Blvd , $1,899,000 , 6 BR / 3 1-2 BA , 2,800 sqft , Oceanfront

16 Seahorse Ct , $1,699,000 , 4 BR/ 3 1-2 BA , 4,252 sqft Deepwater w/dock

Wild Dunes

1209 Ocean Club, $949,200 , 3 BR/ 3 1-2 BA , 2,135 sqft, Oceanview

17 Lagoon Villa, $395,000, 2 BR / 2 BA, 1,218 sqft Lagoon View

6B Seagrove, $524,900, 2 BR/ 2BA, 1,155 sqft, Oceanside of WD

2F Mariners Walk, $799,000, 3 BR /3 BA, 1,403 sqft, Oceanfront

56 Morgan Cove , $895,000 , 4 BR/ 3BA, 2,526 sqft, Golf Course View

424 C Shipwatch, $65,000 , 3 BR/ 3BA , 1,635 sqft, 1/13 partnership

Please feel free to contact me for more information (including photos) of any of these or other property in the area.

These homes/condos are listed by various MLS Participants

Isle of Palms

There were seven closed brokerage sales for $9.2 million in April, 2010 versus four for $7.3 million last year.

Year to date, there have been 26 closings for $58.8 million versus 16 closings a year ago for $32.5 million.

Year to date, the price of the average sale was $1.13 million versus $1.01 million last year.

Wild Dunes

There were eight closed brokerage sales for $14.2 million in April, 2010 versus three for $7.2 million last year.

Year to date there have been 23 closings for $37.8 million versus eight closings last year for $17.5 million.

Year to date the price of the average sale is $822,000 versus the $1 million last year.

Tennis Resorts Online has ranked Wild Dunes as the #2 Tennis Resort for the second time since 2005. This is a big jump from it’s ranking last year and shows what a great staff and improvement in facilities can do. Another local resort, Kiawah Island Resort, finished just ahead at the #1 spot.

Please feel free to contact me anytime for a list of property available in Wild Dunes.

Isle of Palms

There were six closed brokerage sales in March, 2010 for $9.6 million versus three last year for $4.4 million.

Year to date, there have been 19 closings for $50.2 million versus 11 closings a year ago for $21.5 million.

Year to date, the price of the average sale was $1.3 million versus $977,000 last year. Please remember these are macro numbers dependent on the properties sold.

Wild Dunes

There were 8 closed brokerage sales in March, 2010 for $12.3 million vs. one last March for $1.2 million.

Year to date there have been 15 closings for $23.6 million versus five closings last year for $10.3 million.

The price of the average sale in January was $788,000 versus $1 million last year.