Randy and Ronnie's Blog

This market conditions report will address decreases and/or increases for the average sold prices for the year 2006, 2009 and part of 2010 (through 4/25). There are some unexpected results.

Folly Beach

2006 107 sales $685,400

2009 59 sales $476,188 -31%

2010 25 sales $443,349 -7% from 2009 / -35% from 2006

James Island

2006 1049 sales $271,269

2009 442 sales $234,071 -14%

2010 139 sales $260,091 +11% from 2009 / -4% from 2006

Johns Island

2006 357 sales $321,638

2009 184 sales $277,388 -14%

2010 29 sales $300,428 +8% from 2009 / -7% from 2006

West Ashley (inside 526)

2006 675 sales $250,017

2009 343 sales $236,129 -6%

2010 153 sales $226,547 -4% from 2009 / -9% from 2006

Kiawah and Seabrook Islands

2006 265 sales $728,847

2009 97 sales $542,390 -26%

2010 34 sales $663,638 +22% from 2009 / -9% from 2006

Mount Pleasant (south of HWY 41)

2006 1608 sales $399,058

2009 757 sales $383,967 -4%

2010 227 sales $376,257 -2% from 2009 / -6% from 2006

Isle of Palms

2006 123 sales $1,266,157

2009 75 sales $967,457 -24%

2010 22 sales $1,235,193 +28% from 2009 / -2% from 2006

Sullivans Island

2006 40 sales $2,072,418

2009 22 sales $1,321,645 -36%

2010 4 sales $1,286,622 -3% from 2009 / -38% from 2006

Charleston (inside crosstown)

2006 386 sales $819,519

2009 201 sales $858,722 +5%

2010 76 sales $786,532 -8% from 2009 / -4% from 2006

Summerville/Ridgeville

2006 1397 sales $219,170

2009 756 sales $184,796 -16%

2010 177 sales $176,413 -5% from 2009 / -20% from 2006

Entire Charleston Area MLS

2006 16771 sales $290,677

2009 8368 sales $252,126 -13%

2010 2151 sales $270,238 +7% from 2009 / -7% from 2006

For information on Folly Beach Real Estate and the surrounding areas, just contact Randy Winks or Ronnie Winks or check out www.randyandronnie.com or www.follybeachschomesforsale.com .