Isle of Palms, SC
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

7

SINGLE FAMILY HOMES

Condos

5

CONDOS

Townhouses

1

TOWNHOUSES

MEANWHILE...

16

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
ABOVE ASKING
AT ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$800k
$3k
$755k$787k$818kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
1Homes
1-3
MONTHS
2Homes
OVER
3 MONTHS
11Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

184
DAYS
14%
103138173207242NovOctSepAugJulJun

And finally...What's the hottest street in

Isle of Palms

grand pavilion dr

For November 2016, Isle of Palms, SC has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Isle of Palms, SC was 215 and 14 homes were sold.