Good News! Folly Beach was just named one of America’s best restored beaches for 2015 by the American Shore and Beach Preservation Association. Charleston Magazine boasts, “This makes it the perfect candidate for our summer bucket list item #4. Be a Folly Beach local for a week”. Travel + Leisure magazine also ranked Charleston the best city travel spot in the US and Canada for the third year in a row. With notoriety like this, it’s no wonder the Folly Beach real estate market is strong.
Through June, there have been 49 detached single family homes sold for an average price of $598,000 vs. 29 sold last year for an average of $606,000. 30 condos and townhomes were also sold for an average of $357,000 vs 29 sold last year for an average of
We know demand for real estate will increase as buyers lock in before mortgage rates hit 5%, which will probably hit in the 4th quarter. That being said, don’t hesitate to act if you are considering a move in the near future.
One final thought, if have friends or know of someone considering buying or selling real estate, your referral would be the most appreciated compliment I could receive.
David B. Landry, Realtor
Dunes Properties of Charleston
Nobody knows Folly Beach Better®
This May Be A Good Time to Put Your Property On The Market
March 23, 2016
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