Folly Beach South Carolina is located just outside historic Charleston. There are 5 primary beach communities that surround the Charleston area: Folly Beach, Isle of Palms, Sullivan's Island, Kiawah Island and Seabrook Island. Folly Beach, Isle of Palms and Sullivan's Island are the 3 communities which are located closest to the city of Charleston.
Folly Beach
2004 -110 sales - $53,173,650 - Median Price $415,000 - Average Price $483,396- SP/LP 97.61%
2005 -117 sales - $70,246,741 - Median Price $500,000 - Average Price $600,399- SP/LP 94.64%
2006 -85 sales - $58,164,500 - Median Price $600,000 - Average Price $684,288- SP/LP 95.09%
2007 -68 sales - $42,697,460 - Median Price $592,500 - Average Price $627,903- SP/LP 94.43%
2008 -55 sales - $28,772,619 - Median Price $413,000 - Average Price $523,138- SP/LP 94.82%
2009 - 34 sales - $14,482,400 - Median Price $400,000 - Average Price $425,952- SP/LP 86.58%
Isle of Palms
2004 -136 sales - $102,027,728 - Median Price $622,000 - Average Price $750,203- SP/LP 94.21%
2005 -155 sales - $145,136,480 - Median Price $670,000 - Average Price $936,364- SP/LP 97.23%
2006 -100 sales - $120,641,860 - Median Price $992,500 - Average Price $1,206,418- SP/LP 94.70%
2007 -66 sales - $91,852,750 - Median Price $1,150,000 - Average Price $1,391,708- SP/LP 93.71%
2008 - 24 sales - $29,285,399 - Median Price $883,250- Average Price $1,220.224 - SP/LP 90.64%
2009 - 46 Sales - $49,473,319 - Median Price $787,500 - Average Price $1,075,506 - SP/LP 92.06 %
Sullivan's Island
2004 -31 sales - $41,399,380 - Median Price $1,210,000 - Average Price $1,335,463- SP/LP 95.59%
2005 -32 sales - $43,828,375 - Median Price $1,250,000 - Average Price $1,369,636- SP/LP 95.34%
2006 -38 sales - $79,396,750 - Median Price $2,045,000 - Average Price $2,089,388- SP/LP 93.54%
2007 -16 sales - $41,396,000 - Median Price $2,762,500 - Average Price $2,587,250- SP/LP 91.41%
2008 - 10 Sales - $16,156,625 - Median Price $1,437,062 - Average Price $1,615,662 - SP/LP 91.56%
2009 - 16 Sales - $22,453,200 - Median Price $1,126,600 - Average Price $1,403,325 - SP/LP 82.46%
Kiawah and Seabrook
2004 -223 sales - $98,677,895 - Median Price $340,000 - Average Price $442,501- SP/LP 93.14%
2005 -268 sales - $164,334,540 - Median Price $450,000 - Average Price $613,188- SP/LP 96.46%
2006 -195 sales - $143,252,493 - Median Price $580,000 - Average Price $734,628- SP/LP 95.18%
2007 -96 sales - $80,088,650 - Median Price $669,500 - Average Price $834,256- SP/LP 94.69%
2008 - 85 Sales - $69,684,240 - Median Price $700,000 - Average Price $819,814 - SP/LP 91.48%
2009 - 60 Sales - $32,720,207 - Median Price $437,000 - Average Price $545,336 - SP/LP 89.82%
2009 vs 2008 statistics that stand out are the increase in # of sales at Isle of Palms and Sullivan's Island, a significant drop in average and median prices at Sullivan's Island and Kiawah / Seabrook, the low SP/LP of 82.46% at Sullivan's Island and an increase in the average sold prices on Johns Island. The best deals are on Folly Beach as prices have fallen below the prices of 2004.
For more information on Folly Beach, just contact Randy Winks or Ronnie Winks or check out www.randyandronnie.com or www.follybeachrealestateexperts.com.
Additional Information:
James Island
2004 -709 sales - $149,588,446 - Median Price $177,500 - Average Price $210,985- SP/LP 91.65%
2005 -988 sales - $212,693,719 - Median Price $181,900 - Average Price $215,277- SP/LP 98.07%
2006 -838 sales - $221,452,346 - Median Price $229,000 - Average Price $264,262- SP/LP 97.28%
2007 -522 sales - $168,226,098 - Median Price $262,000 - Average Price $311,323- SP/LP 96.22%
2008 - 331 Sales - $92,897,402 - Median Price $250,000 - Average Price $280,656 - SP/LP 93.71%
2009 - 276 Sales - $66,886,816 - Median Price $216,500 - Average Price $242,343- SP/LP 95.71%
Johns Island
2004 -178 sales - $43,342,853 - Median Price $203,405 - Average Price $243,499- SP/LP 97.47%
2005 -173 sales - $54,650.869 - Median Price $230,000 - Average Price $315,900- SP/LP 97.60%
2006 -202 sales - $74,873,221 - Median Price $248,050 - Average Price $370,659- SP/LP 99.14%
2007 -194 sales - $54,976,884 - Median Price $220,000 - Average Price $283,386- SP/LP 95.65%
2008 - 144 Sales - $39,320,802 - Median Price $215,000 - Average Price $273,061 - SP/LP 96.94%
2009 - 98 Sales - $27,276,728 - Median Price $219,000 - Average Price $278,333- SP/LP 93.84%
Folly Beach South Carolina is located just outside historic Charleston. There are 5 primary beach communities that surround the Charleston area: Folly Beach, Isle of Palms, Sullivan's Island, Kiawah Island and Seabrook Island. Folly Beach, Isle of Palms and Sullivan's Island are the 3 communities which are located closest to the city of Charleston.
Folly Beach
2008 - 22 sales - $12,322,050 - Median Price $413,000 - Average Price $560,093- SP/LP 95.93%
2009 - 11 sales - $4,897,500 - Median Price $435,000 - Average Price $445,227- SP/LP 92.31%
Isle of Palms
2008 - 8 sales - $10,937,000 - Median Price $871,000- Average Price $1,367,125 - SP/LP 93.77%
2009 - 14 Sales - $17,990,000 - Median Price $887,500 - Average Price $1,285,000 - SP/LP 92.90 %
Sullivan's Island
2008 - 4 Sales - $7,530,000 - Median Price $1,887,500 - Average Price $1,882,500 - SP/LP 91.46%
2009 - 6 Sales - $8,951,200 - Median Price $1,351,600 - Average Price $1,491,866 - SP/LP 78.43%
Kiawah and Seabrook
2008 - 36 Sales - $26,946,740 - Median Price $757,500 - Average Price $748,520 - SP/LP 90.76%
2009 - 23 Sales - $10,211,425 - Median Price $400,000 - Average Price $443,975 - SP/LP 86.76%
Statistics that stand out are the increase in # of sales at Isle of Palms and Sullivan's Island, significant drop in average and median prices at Sullivan's Island and Kiawah / Seabrook, and the low SP/LP of 78.43% at Sullivan's Island.
For more information on Folly Beach, just contact Randy Winks or Ronnie Winks or check out www.randyandronnie.com or www.follybeachrealestateexperts.com.
Folly Beach continues the festivals and fun this Saturday, April 18, 2009 with the annual Sea and Sand Festival with events taking place up and down Center Street as well as in the park. There will be events for all ages, everything from a climbing wall to great food and beverages to musical entertainment.
The Sea and Sand Festival will feature entertainment from the Shakin' Martinis, the Mason Dixon Band and later at the Holiday Inn, The Landsharks will perform (A Jimmy Buffett Tribute Band). There will be live and silent auction items, arts and crafts and most of all lots of fun. There is even a 5 K run / walk at 8 am. The festival runs from 10 am to 5pm. The weather outlook is sunny and in the 70's, just "Another Beautiful Day at Folly Beach !
To keep abreast of Folly Beach Festivals and activities check out our website www.randyandronnie.com or www.follybeachrealestateexperts.com . Folly Beach SC is located just outside historic Charleston South Carolina.
It is hard to focus on Folly Beach Real Estate sales with the "Big Dance" underway. The amount of excitement created by March Madness only compares to Christmas morning when I was a kid. The "Big Dance" may be even better than Christmas day as it lasts longer (21 days)! I highly commend www.ncaa.com for offering March Madness on Demand so I can watch any of the 63 tournament games on my computer, WOW! I have picked 7 first round upsets (bracket busters) and can hardly wait to see how they play out. To make matters worse the weather is beautiful and sunny outside and my wife can't believe I will not leave my lounge chair to enjoy life and the beautiful weather. She does not understand that "March Madness" is Life! Well the next game is ready to start, so I need to go. Remember Folly Beach SC offers a beautiful beach area to live or have a second home. If you are interested in Folly Beach Real Estate please contact Randy Winks or Ronnie Winks or check out www.follybeachrealestateexperts.com or www.randyandronnie.com.
Folly Beach continues the festivals and fun with upcoming events scheduled for March. Saturday March 14th will be the annual St. Patrick's Day Festival at Folly Beach. The activities will take place from 12am - 6pm up and down Center Street where you can enjoy a pub crawl featuring Irish foods, green beer and music. Open containers will be permitted outside the restaurants and bars on Center Street during the festival.
The Folly Beach Arts and Crafts Guild will celebrate the arrival of spring with the annual "Tides of March" Festival. The times for the event are Saturday March 21st (10am - 5pm) and Sunday March 22nd (1pm - 5pm) at the Folly River Park. The festivities include the display and sale of local arts and crafts as well as performances and musical entertainment.
To keep abreast of Folly Beach Festivals and activities check out our website www.randyandronnie.com or www.follybeachrealestateexperts.com . Folly Beach SC is located just outside historic Charleston South Carolina.
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