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The new year is here in Myrtle Beach, and we've got a brand new market update for you today. The year-end numbers are in for 2015, and we have some surprising statistics to share with you.
When we have low inventory, demand goes up and so do sales numbers.
If you break that figure down further into resale and condo sales, you'll see that they made an even higher climb. The median price for resale homes is up over 7%, and the median price for condos is up 8.7%.
What we need right now in Myrtle Beach is inventory. We are selling through our properties very quickly, so if you've been thinking about selling or know someone who is, now is a perfect time. Homes priced from $150,000 to $500,000 are selling like crazy, and homes priced $250,000 and above are selling especially high.
To see the full Market Report click here.
If you have any questions about the market or what your home could sell for right now, give us a call or send us an email. We would love to help you out!
