Kiawah Island Real Estate closed on 17 property sales in August at a value of more than $20 million. The total translates into a closing every other day, and more than all other real estate companies selling on Kiawah combined, according to the company.
Of the sales, 12 were single-family homes. KIRE also reports that single-family home inventory is on the decline, down 24% from its peak in the summer of 2009. The company anticipates that villas and homesites will soon follow this same trend.
The total number of qualified buyers who have been in direct contact with KIRE Sales Executives has been on the increase as well with a 77% increase over 2010. Click here for more information about Kiawah Island real estate.