Randy and Ronnie's Blog

In 2009 there were 21 properties sold at an average price of $1,252,904. The average sold DOM was 165.

In 2010 there were 32 properties sold at an average price of $1,136,273. The average sold DOM was 155.

Based on the above statistics the average sold property price in 2010 was down 9.3% from 2009. The number of properties sold in 2010 was up 52.4% from the number sold in 2009. The average sold DOM in 2010 has decreased by 6% as compared to 2009.

For more information on Folly Beach, just contact Randy Winks or Ronnie Winks or check out www.randyandronnie.com or www.follybeachschomesforsale.com .

Additionally here are the statistics for the entire MLS area:

In 2009 there were 2839 properties sold at an average price of $256,687. The average sold DOM was 117.

In 2010 there were 3451 properties sold at an average price of $264,850. The average sold DOM was 119.

Based on the above statistics the average sold property price in 2010 was up 3.2% from 2009. The number of properties sold in 2010 was up 21. 6% from the number sold in 2009. The average sold DOM in 2010 had increased by 1.7% as compared to 2009.

**Statistics are based on the Period - January 1 – May 31**