There are many great Myrtle Beach area homes for sale. Click here to perform a full home search using the most advanced search tool on the web. If you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (843) 222-9265 for a FREE home buying or selling consultation to answer any of your real estate questions. (We have over 10,000 active buyers searching our website for homes right now)
The November numbers are in! It's time to take a look at current market conditions here in Myrtle Beach and figure out what they mean for you!
Single-family home sales remain very strong, and are outperforming the numbers we saw in 2013. Year to date, single-family home sales are up 7.5%! When looking at prices, this last November saw prices rise 4% year over year and 5.6% year to date.
Condo sales are just under what they were last year, but the great news is that prices are up year to year. The year to date median price is 3.2% higher this year than 2014. The average list-to-sales ratio for single-family homes is at 94% and has remained steady over the last few months.
These are all pretty great signs for our market. It's not BOOMING, but it's steady and healthy. Many of you are probably wondering what these conditions really mean. We think it would be wise to take advantage of this healthy market. While there are fewer buyers out there, they are of a better quality than buyers in the spring. In fact, we had one of our experts write full contracts in a single day last week.
Bottom line: sales are up and the real estate market remains active here in Myrtle Beach. We're always looking for inventory, so don't hesitate to give us a call if you or someone else you know is thinking about selling. We're proud to be your go-to real estate resource in the Myrtle Beach area.We look forward to seeing you soon!
