Isle of Palms Home Sales Data
September 2009

Isle of Palms had 8 single family detached homes sell during September with an average sales price of $666,531 and median price of $586,625. This was the same number of home sales as July with a 31% decrease in average sales price and a 22% decrease in median price. The highest priced home sold for $1,250,000 and the lowest priced home sold for $499,000.

The average number of days on market was 99 which was a decrease over the previous months DOM of 243. On average, homes sold for 92% of the list price. For every home sold in August, 2.375 homes were newly listed for sale. At the current rate of sale, it would take 42.6 months to deplete the home inventory; six months inventory is considered a balanced market.

Five of the homes sold on Isle of Palms in September were located in Wild Dunes. As of October 14, 2009, there has been a 66.66% increase in sales over the same time period from last year. Isle of Palms currently has 310 single family detached homes actively listed for sale with 19 under contract. Twelve homes entered pending sales status during September.

For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.

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Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 9/22/09. Numbers represent SINGLE FAMILY DETACHED HOMES sold in August and are deemed reliable but not guaranteed. Median price indicates the point at which half the homes sold for more and half the homes sold for less.

Charleston Real Estate Resource - Debbie Donovan:

As a community minded and dynamic residential Realtor, my intention and commitment is to be an invaluable resource for buyers and sellers in the Charleston SC real estate market, specifically the East Cooper communities of Mt. Pleasant, Isle of Palms, and Daniel Island. I am results driven and work to provide top notch service to all my clientele. Email or call me (843-327-6099) so we can discuss how I can help you with your next real estate transaction.

Isle of Palms Homes Sold
September 2009

Subdivision	Street Address	List Price	Sold Price	DOM	SqFt	Price Per Sqft
FOREST TRAIL	266 FOREST TRAIL CT	534000	499000	15	1786	279.4
FOREST TRAIL	3705 HARTNETT BLVD	550000	520000	207	1800	288.89
ISLE OF PALMS	804 CAROLINA BLVD	775000	760000	5	2457	309.32
WILD DUNES	13 TWIN OAKS LN	424500	395000	25	1248	316.51
WILD DUNES	3607 WATERWAY BLVD	629900	543250	7	2491	218.09
WILD DUNES	49 PELICAN BAY	695000	630000	300	1792	351.56
WILD DUNES	3 SEAHORSE CT	795000	735000	98	2374	309.6
WILD DUNES	36 MORGAN PLACE DR	1399000	1250000	140	2644	472.77

--Information deemed reliable but not guaranteed--
Copyright: 2009 by the Charleston Trident MLS Association of REALTORS
Prepared by DEBBIE DONOVAN of EXIT REALTY CHARLESTON GROUP on 10/14/2009 12:54:19 PM

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