About dunes properties of Charleston

dunes properties of Charleston is a real estate, vacation rental and property management company representing the Lowcountry with almost 80 exclusive Charleston beach vacation rental properties, 70 real estate agents and employees, four full-service offices. Nobody knows the Charleston Coast better.

Isle of Palms Office

1400 Palm Boulevard
Isle of Palms, SC 29451
843.886.5600

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Folly Beach Office

31 Center Street
Folly Beach, SC 29439
843.588.3800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


The Real Estate Studio

214 King Street
Charleston, SC 29401
843.722.5618

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Kiawah Seabrook Office

1887 Andell Bluff Boulevard
Johns Island, SC 29455
843.768.9800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


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FAQ About Folly Beach Real Estate

FAQ About Folly Beach Real Estate

Have prices come down?  How much?
Just like most (if not all) coastal regions, real estate prices on Folly Beach have come down significantly.  In general, prices have dropped 30% or more.

How are sales this year?
There were only 22 sales in the first 6 months.  Since then, there were 8 sales in July and 6 sales in August.  Considering the number of contingent/ pending sales, I expect September and October to have similar amount of sales as the previous 2 months.  Clearly, buyers are coming back into the market and it appears that a more normal sales volume is being established.

Who is buying?
The buyers are “end users” who are looking for a primary residence or a second home.  Buyers want a “deal” but “purely for investment” is very rare.

Have prices bottomed?
Impossible to know until we are well passed the bottom.  However, oceanfront properties have been leading the rest of the Folly Beach real estate market.  Oceanfront properties have been leading the way up during the boom years and down during the bust.  A look at the last five sales of oceanfront homes gives some hope that the market is improving.  The last five sales were as follows:

Date                 Address                        Price
4/30/08             223 E Arctic                  $1,061,150.00
8/29/08             409 W Ashley                $975,000.00
9/10/08             505 W Ashley                $1,025,150.00
6/30/09             407 W Ashley                $1,100,000.00
9/4/09               807 W Ashley                $1,200,000.00

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