Archive for the ‘Market Data’ Category
February 2012 Folly Beach Real Estate Market Report
Information on the sales of homes, condominiums, and property on Folly Beach, SC. 5 properties sold on Folly Beach in February 2012, bringing the total to 10 for 2012. The median price year-to-date is $397,500. This compares to 16 sold for a median price of $392,500 for the same time period in 2011. The highest [...]
January 2012 Folly Beach Real Estate Market Report
Information on real estate sales activity for Folly Beach, SC. 4 properties sold in January 2012 for an average sales price of $364,375. January is typically a slower sales month on the island, and this level of activity is normal. The sales included a Mariners Cay condominium for $225,000, a small beach cottage for $337,500, [...]
2011 Folly Beach Real Estate Market Report
Folly Beach real estate showed signs of life in 2011, with more buyers taking advantage of the low prices to find a new beach home. That may be good news for the future, as a rise in demand is exactly what sellers are looking for. 94 properties sold on Folly Beach in 2011 compared with [...]
October 2011 Folly Beach Real Estate Market Report
Keeping you current on real estate information, including home and condo sales, and market trends on Folly Beach, SC. 2 properties sold on Folly Beach in October 2011, bringing the total year-to-date sales to 77. This was a weak sign and one of the lowest total sales months of the year. Our chances of hitting [...]
September 2011 Folly Beach Real Estate Market Report
Keeping you current on real estate information, including home and condo sales, and market trends on Folly Beach, SC. 5 properties sold in September 2011 bringing the year to date total to 73. The average sales price for September was $534,750, up from $493,500 in 2010. We are still on pace for 100 sales in [...]
August 2011 Folly Beach Real Estate Market Report
Keeping you current on the recent real estate activity on Folly Beach, SC. There were 7 properties sold on Folly Beach in July and August 2011 bringing the total amount sold through August 2011 to 68. We are on pace to reach 100 sales for the year, a moderately low number for yearly sales, although [...]
Folly Beach Condominium Update
There are several condominium choices on Folly Beach, both oceanfront and riverside, which ones are the best? There is much to be said about the Charleston Oceanfront Villas being the premier destination on Folly Beach. It is right in the heart of the city, offers incredible ocean views from each rooms’ balcony, has 2 pools, [...]
June 2011 Folly Beach Real Estate Market Report
Keeping you current on the recent real estate sales activity on Folly Beach, SC. 5 properties were sold on Folly Beach in June 2011 bringing the year-to-date total to 61. Halfway through the year, the total sales numbers shows we are returning to a normal sales pace in terms of number of home and condominium [...]
Sales Activity by Price on Folly Beach, SC 2011
Real estate sales activity chart by price on Folly Beach, SC through June 13, 2011. Summary of real estate sales on Folly Beach, SC: There has been 60 sales in 2011 through June 13, according to CTAR MLS data. 56 sales were below $650,000. 46 sales were below $500,000. The average sales price is [...]
April 2011 Folly Beach Real Estate Market Report
The “WOW” factor of low prices on Folly Beach, SC 16 properties sold on Folly Beach in the month of April bringing the 2011 year to date to 47. That is a healthy pace of sales, The reason people are buying is in the price information further below. After watching a few months of price [...]
March 2011 Folly Beach Real Estate Market Report
Real Estate market information and statistics for Folly Beach, SC. 13 properties sold on Folly Beach in March 2011, bringing the 2011 year-to-date closings to 29. If the current pace continues, there could be 120 closings (or more since Q1 is typically a slower time) for the year. This number would reflect a more [...]
Folly Beach Real Estate Market Report – February 2011
Following are statistics and a summary of the Folly Beach, SC real estate market. 10 properties sold on Folly Beach in February 2011, bringing the total year to date to 16. The average sales price for the month was $423,000. A second row property in decent shape with a pool closed for $435,000. The highest [...]
November 2010 Folly Beach Real Estate Market Report
Come on let’s get to 100! We need a few more buyers to close out the year strong! 6 properties sold in November 2010 on Folly Beach, bringing the total for 2010 to 96. That is an impressive number of transactions since at the same time last year, there had been 55 sales. The average [...]
September 2010 Folly Beach Real Estate Market Report
It remains a good time to buy real estate on Folly Beach. Prices remain low while demand is increasing and returning to normal levels. 5 homes sold in September on Folly Beach, bringing the total sold in 2010 to 76. Compare that to 2009 where 63 sold and we can see that demand is back. [...]
August 2010 Folly Beach Real Estate Market Report
Below is a description of real estate activity on Folly Beach in August 2010. Demand held steady as 11 properties sold in August, same as the month before, bringing the total sold in 2010 to 74. This is a great sign, as historically demand was over 100 homes per year and we are on pace [...]
July 2010 Folly Beach Real Estate Market Report
Momentum is going strong for Folly Beach real estate. Many Folly Beach homes and condominiums are trading hands while people take advantage of low prices and low interest rates. The pace of existing home sales has quickened and is returning to normal levels. Below is a summary of activity for July 2010. Contact me for [...]
Folly Beach Foreclosure Property goes fast!
Are you be interested in buying a foreclosure property on Folly Beach? Well you better be ready to jump when they come on the market. This week two properties were listed on Folly Beach in the $300,000 range, one was a foreclosure. They both went under contract in less than one week, the foreclosure was [...]
Folly Beach Oceanfront Homes and Condos Market Update
Are you interested in Folly Beach, SC oceanfront real estate, including homes, lots, and condos? Below is a market update to keep you current on what is happening here on the beach. Number of oceanfront sales by year: Year # home sales # condo sales Total Sales Avg $ home Avg $ condo 2008 3 [...]
May 2010 Folly Beach Real Estate Market Report
WOW! What a month! 13 properties sold during May 2010 on Folly Beach bringing the total year to date to 40. This pace is what we are used to on Folly. Have we reached a bottom? I would hesitate to call a bottom, but maybe call it a stabilization. Increased number of sales is what [...]
