Pawleys Island Homes Sales Show An Increase in the 2nd Quarter 2010
The Pawleys Island real estate market for the 2nd quarter in 2010 is showing an increase in both number of sales and price.
In the 2nd quarter of 2010, the Pawleys Island Real Estate Market there was a total of 58 homes that sold. The average price of homes also increased when compared to the 1st quarter of 2010. The average price was $453,233. One of the main reasons for such a great quarter was the federal incentives being offered. Now that those federal incentives (1st time homebuyer tax credit,for example) are expired (or are soon expiring), predictions have been set forth that the 3rd quarter of 2010 will subside.
Hopefully, mortgage rates will still stay low so that it will allow more opportunities for those who want to invest in Pawleys Island properties.
For a breakdown and other statistics, checkout the market statistics page for your area on the home page. Or just click here for Pawleys Island Market Statistics.
This data includes Single Family Residential Properties, detached. No Manufactured properties are included. If you would like specifics on land, manufactured, condos or other for any area, please don't hesitate to contact me at your convenience.