Isle of Palms & Wild Dunes Real Estate Market Update October 2006
on October 31st, 2006 at 10:02 amAccording to Charleston Trident Association of Realtors Multiple Listing Service currently there are 216 single family homes on the market in the Isle of Palms and Wild Dunes.
The least expensive property listed is a ranch style home located at 218 Forest Trails. The property is three bedrooms, one and a half bathrooms, 1,369 square feet, built in 1967 and is listed at $599,000.
The most expensive property currently on the market is 118 Ocean Boulevard. The property features six bedrooms, five full baths, three half baths, 8,173 square feet, and is three stories. The home was built in 1999 and resides on a 1.30 acre beachfront lot. The list price is $6,950,000.
The average list price of the 216 properties is $2,025,119. The average price per square ft is $6486.09. The median price is $1,795,000. The average days on the market is 149 days.
Currently there are 10 properties under contract and 4 properties in pending status.
2708 Palm Boulevard is the most expensive property currently under contract. The home is six bedrooms, four and a half bathrooms, 5,120 square ft, built in 1992, residing on an oceanfront .18 acre lot. The list price is $3,500,000.
The least expensive property under contract is 8 Thirteenth Avenue which is three bedrooms, one and a half bathrooms, 1,266 square foot home, built in 1955, .and 18 acres. The list price is $499,900.
The average days on market of these 14 properties (under contract & pending status) is 41 days. The average price is $1,667,693, average price per square ft is $632.43, and median price is $1,222,500.
I can send you a list of all the active, active contingent, pending and/or sold properties. If you are interested, please contact me via e-mail (bob@charlestonproperty.net) or phone (843-345-6074).
Since October 1, 2006 up to today (Friday, October 27, 2006), seven single family homes have closed.
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