Randy and Ronnie's Blog

In 2006 there were 5 properties sold at an average price of $1,908,000. The average sold DOM was 31.

In 2007 there were 4 properties sold at an average price of $2,895,000. The average sold DOM was 366.

In 2008 there were 1 property sold at the price of $2,900,000. Sold DOM was 731.

In 2009 there were 4 properties sold at an average price of $784,250. The average sold DOM was 240.

In 2010 there were 1 property sold at the price of $1,750,000. Sold DOM was 70.

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 2006 there were 1774 properties sold at an average price of $281,993. The average sold DOM was 53.

In 2007 there were 1338 properties sold at an average price of $322.795. The average sold DOM was 74.

In 2008 there were 920 properties sold at an average price of $304,686. The average sold DOM was 103.

In 2009 there were 805 properties sold at an average price of $260,865. The average sold DOM was 116.

In 2010 there were 1015 properties sold at an average price of $262,696. The average sold DOM was 105.

Based on the above statistics the average sold property price in 2010 is rebounding from the 2009 low. The number of properties sold in 2010 was also up from the 2009 low. The average sold DOM in 2010 is declining from the 2009 high.

Posted by Randy Winks on July 15th, 2010 3:27 PMPost a Comment (0)

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