Randy and Ronnie's Blog

In 2009 there were 64 properties sold at an average price of $145,567. The average sold DOM was 76.

In 2010 there were 69 properties sold at an average price of $123,199. The average sold DOM was 107.

Based on the above statistics the average sold property price in 2010 was down 15% from 2009. The number of properties sold in 2010 was up 8% from the number sold in 2009. The average sold DOM in 2010 has increased by 41% as compared to 2009.

**Statistics based area 32 – North Charleston / Summerville outside I-526**

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 880 properties sold at an average price of $254,603. The average sold DOM was 111.

In 2010 there were 826 properties sold at an average price of $278,569. The average sold DOM was 133.

Based on the above statistics the average sold property price in 2010 was up 9% from 2009. The number of properties sold in 2010 was down 6% from the number sold in 2009. The average sold DOM in 2010 had increased by 20% as compared to 2009.

**Statistics are based on the Period - January 1 – February 28**