Myrtle Beach Real Estate Recap for 2014



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)

Today I'm going to give you a quick update on what happened with Myrtle Beach real estate in 2014. There is some really great news for the local marketplace.

  • Single-family home sales increased by 18.9% from December 2013 and overall they increased by 9.3% from 2013
  • What this means for you is that the median home price rose 5.6% to $190,000, which is a very nice amount of appreciation depending on the area that you live in. However, we're still anticipating home values to rise in Myrtle Beach. 
  • More great news is that the average list-to-sale price ratio is 94%, and this is the third month in a row where we've gotten numbers like this. This is great news for home sellers. 
  • Condominiums stayed more flat in regards to year-over-year statistics. Condo sales increased by 2.5% and condo prices rose by 3.1%.

If you need any more information or if you'd like to contact me about buying or selling homes in Myrtle Beach, please don't hesitate to reach out to me via phone or email.

Thanks!