Folly Beach Real Estate Market Trends

Are you the kind of person who likes to buy property in the right place at the right time?  Are you hoping to make the most out of your waterfront investment?  We all know it's a beautiful oceanfront area...  But timing, exact location and a little of our inside knowledge can help you land that sweet deal.

You will find that we are intimately familiar with Folly Beach area waterfront real estate homes and properties... and how they are affected by the market cycle.  For the first 250 people who sign up, we are willing to share our knowledge of successful oceanfront real estate investment strategies.  Sign up in the column to the right, to receive your Special Reports revealing Folly Beach Real Estate Buyer Secrets.  Below we've posted last year's sales results.  This is just the tip of the iceberg compared to what you will find by signing up for the Special Reports shown to the right.

 

Folly Beach Residential Listings Sold January 2006 to January 2007
Price	0-2 Bedroom	3 Bedroom	4+ Bedroom	Multi Family	Condo/ Co-op	Total Units
$119,99 or under	0	0	0	0	0	0
$120,000 - $139,999	0	0	0	0	0	0
$140,000 - $159,999	1	0	0	0	0	1
$160,000 - $179,999	1	0	0	0	0	1
$180,000 - $199,999	0	0	0	0	0	0
$200,000 - $249,999	0	0	0	0	4	4
$250,000 - $299,999	0	0	0	0	1	1
$300,000 - $399,999	7	1	0	0	12	20
$400,000 - $499,999	5	1	1	0	3	10
$500,000 - $749,999	7	20	4	0	2	33
$750,000 - $999,999	6	7	8	0	6	27
$1,000,000 or over	1	6	4	0	0	11
Total Types	28	35	17	0	28	108
Median Price	$500,000	$682,000	$845,000	N/A	$366,250	$606,00
Average Price:	$564,232	$812,931	$1,028,224	N/A	$470,629	$708,916

Days on Market	Number of Sales
0 - 30	28
31 - 60	24
61 - 90	5
91 - 120	6
121+	28
Average DOM	92

 

Terms of Sale	Number of Sales
Assumption	0
Cash	11
Conventional	84
Farmer Home Loan	0
Fed Land Bank	0
FHA	0
Other	1
Seller Finance	0
St House Auth	0
VA	0