In 2009 there were 17 properties sold at an average price of $281,554. The average sold DOM was 140.
In 2010 there were 12 properties sold at an average price of $327,479. The average sold DOM was 105.
Based on the above statistics the average sold property price in 2010 was up 16% from 2009. The number of properties sold in 2010 was down 29% from the number sold in 2009. The average sold DOM in 2010 has decreased by 25% 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 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**
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