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Isle of Palms Home Sales Data January 2010
Isle of Palms had 6 single family detached homes sell during January with an average sales price of $1,542,133 and median price of $1,165,650. This was a slight decrease over December sales with a 16.987% increase in average sales price and a 11.5% decrease in median price. The highest priced home sold for $3,639,000 and the lowest priced home sold for $475,000.
The average number of days on market was 353 which was an increase over the previous months DOM of 213. On average, homes sold for 82% of the list price. For every home sold in January, 2.3 homes were newly listed for sale. At the current rate of sale, it would take 35.75 months to deplete the home inventory; six months inventory is considered a balanced market.
Four of the homes sold on Isle of Palms in January are located in Wild Dunes. Isle of Palms currently has 177 single family detached homes actively listed for sale with 11 under contract; 5 homes entered pending sales status during January.
Statistics from Charleston Trident Association of Realtors Multiple Listing Service as of 4/16/2010. Numbers represent SINGLE FAMILY DETACHED HOMES sold in January 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.
For a detailed market analysis of your home or neighborhood, contact Debbie Donovan at 843-327-6099.
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Today's Rates:
| 30-yr Fixed | 3.83% | 3.96% | | 15-yr Fixed | 3.05% | 3.21% | | 1-yr Adj | 2.73% | 3.39% |
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Take the frustration out of selling in today's challenging market by choosing an agent with a straightforward approach who gets results. 
