By Ed Hunnicutt, Charleston, SC, Real Estate
(Carolina One Realty Charleston)
Sullivan's Island had 22 closed sales in 2009 and 2010. The median sales price had a nice increase of 47% and the average sales price saw an increase of 5.5%. It is certainly moving in the right direction. The days on the market moved down by 16.2% from 201 days in 2009 to 169 days in 2010. Sullivan's Island at the end of 2010 had approx. 47 single-family homes on the market. Thinking about getting on the island, good time while interest rates are low. Data compiled by the Charleston Multiple Listing Service deemed reliable but not guaranteed.