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We’ve got some exciting and crazy news for you in our most recent market update.
We had our second-strongest month in the last 10 years for single-family home sales. The one month that topped last month was actually the same month last year.
Overall, single-family home sales are actually down 6.6% compared to last year. So for year-to-date, home sales are up 5.2% In regard to the number of homes sold. The median price right now is $216,166, which is up 4.9% overall, which is also great news. Sellers on average are getting 96% of their asking price.
If you’re thinking about selling, now is a great time.
"It’s a great time to sell either a house or a condo."
Condo sales in the last month saw a huge increase - 18.1% in regard to the number of condos sold. Last month prices took a slight dip, about 3%, leaving the average price at $117,250, but I guarantee we’re going to see an increase coming soon in Myrtle Beach. Prices year-to-date for condos are up more than 2%.
Overall, prices are up this year for both houses and condos. If you’re thinking about selling, now is the time to reach out to me!
