Tuesday, November 8, 2011

Isle of Palms and Wild Dunes Real Estate Update - October, 2011

Isle of Palms

There were six closed brokerage sales for $7.1 million in October, 2011 versus eight for $11.5 million in October, 2010.

Year to date, there have been 84 closings for $126.2 million vs. 79 for $139.3 million last year.

Through October, the price of the average sale was $751,310 vs. $881,785 last year.

Wild Dunes

There were four closed brokerage sales for $4.8 million in October, 2011 versus nine for $15.4 million in 2010. Year to date there have been 76 closings for $95.1 million vs. 67 for $108.1 million last year.

Through October, the price of the average sale was $625,487 versus $806,134 last year.

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