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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Oceanfront Real Estate Market Report – Folly Beach

Oceanfront Real Estate Market Report – Folly Beach

 

Are you interested in Folly Beach, SC oceanfront real estate, including homes, lots, and condos?  Below is a market update to keep you current on what is happening here on the beach.

Number of oceanfront sales by year:

Year # home sales # condo sales Total Sales Avg $  home Avg $ condo
2008 3 6 9 1,020,433 603,417
2009 4 3 7 973,250 703,333
2010 5 5 10 878,200 $497,500

There have been more sales through 6 months of 2010, than 2008 or 2009.

Instant Analysis:

The results have been helped by lower prices.  If you can afford a beach house, you buy one right?
In the recent past there were less buyers in the market which has caused prices to come down.  But at some point it just seems worth it to purchase.  We have seen cases where the price is so low that buyers who wanted it, grabbed it.

There have been opportunities to purchase that smart buyers have taken advantage of.

These people were already poised to make a move.  They had previewed the market and knew what they were looking for because searching for an oceanfront home does take a little time.  They also knew they had leverage as a buyer and worked with an experienced Folly Beach agent.  Will you be ready when the next good opportunity comes around?

It is true that the good stuff has been purchased and right now there is less to choose from.

From recent showing activity, those opportunities may be passing us by.  $1 million does not go as far as it recently did.  This would be natural in a recovery, and could lead to higher housing prices.  Do you want to take advantage while you can?

To find out more about buying a home or what your Folly Beach home is worth contact Vince Perna – Dunes Properties.

Vince Perna

Dunes Properties – Folly Beach

843-425-6414

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