Isle of Palms Real Estate Market Conditions & Reports, Isle of Palms Market Trends, Florida

Market Commentary Provided by Tom Chao
Isle of Palms is a great location with the intracostal canals and less than 1 mile to Mayo Clinic and brand new hospital. Homes can be purchased from the high 300,000 to over 1 million. Close to J Turner Butler Blvd for fast commute to Southside and down town. 2 miles from the ocean.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Tom Chao
Watson Realty Corp.
Ponte Vedra Beach, Florida
904-226-3024
TomChao@agents.househunt.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$500,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Isle of Palms is

Seller Activity for the past 90 days in Isle of Palms is

Is Financing Available For Qualified Buyers in Isle of Palms?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Job Growth

Average Sold Price

$500,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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