Showing posts with label Radio Show. Show all posts
Showing posts with label Radio Show. Show all posts

The Latest Numbers for the Myrtle Beach Real Estate Market



Looking for a Myrtle Beach home? Click here for a full home search  
Selling Your Myrtle Beach home? Get a free Home Price Evaluation


Today, we're here with your Myrtle Beach real estate market update.


The market is going strong. Closed sales for single-family homes are up 16.8% from last year, and condo sales are up 9.8%. This is great news, but the biggest indicator for the future of the market is the number of pending sales. For single-family homes, pending sales are up 18.7%. Pending sales for condos are up 15.5%.


Based on this information, we predict prices will rise. Inventory has decreased 6.6% for single-family homes and 9.9% for condos. Demand is high and inventory is low. This helps to drive prices up. Even now, single-family homes saw an increase of 7.5% in median sales price. The median sales price is currently $202,000. Condos also saw an increase of 2.6%, making the median sales price $120,000.


While higher sales prices means good news for sellers, we need more inventory. If you've been thinking about selling your home, or if you have any questions about today's video, give us a call or send us an email. We would be happy to help you!

The Latest Numbers from the Myrtle Beach Real Estate Market



Looking for a Myrtle Beach home? Click here for a full home search  
Selling Your Myrtle Beach home? Get a free Home Price Evaluation


Today, we're here with a Myrtle Beach real estate market update. All three areas - single-family homes, condos, and lots - are up in price. That is great news for sellers!


Single-family home sales went up 11% year over year. Median sales prices also went up 5.4%. That means you can sell your home for more than you paid for it.


On the other hand, condo sales are down 3%. Inventory was low, and so sales decreased, but the median sales price still rose 3.6%.

Lot sales are up over 21%. For a long time, the new construction industry was struggling with inventory. When the inventory opened up, the lots sold very quickly.



If you're considering selling, be sure to check the trends in your local market. These numbers are for the market overall, and homes are appreciating more in some areas than others.


Interest rates are still low, so it's a great time to buy or sell. If you have any questions, give me a call or send me an email. I look forward to hearing from you!

What Does Low Inventory Mean for the Value of Your Myrtle Beach Home?

I just got some fantastic news regarding the Myrtle Beach real estate market!

Looking for a Myrtle Beach home? Click here for a full home search  
Selling Your Myrtle Beach home? Get a free Home Price Evaluation

I just got some fantastic news regarding the Myrtle Beach real estate market! Here are the latest numbers for Myrtle Beach:

  • Single-family home sales are up 11% over this month last year and prices have climbed a solid 3.2%.
  • Although condo sales are down 7.2%, prices have risen 12.3%.
  • Condo inventory is down.
  • SFR sales have increased 11.8%, compared to the same month in 2014, and are up 17.5% year to date compared to 2014.
  • Residential lot sales are up 2.3%, bringing overall sales up roughly 5.5% year to date compared to 2014.
  • Median sales price dipped slightly to $43,500 from $44,000 
  • Sold to list ratios were up 300 basis points for the month and flat year to date


We've seen month over month increases in sales for both condos and homes. Anyone out there thinking about selling would be wise to act soon; we have 15,000 buyers searching our site every single day looking for the perfect home.

Long story short: there are plenty of opportunities out there to get top dollar for your home!

To see the Grand Strand market report for July, click here!

If you would like a more detailed market analysis, or if you're interested in taking advantage of these great selling conditions, don't hesitate to reach out to me. I'm always here to help.

Expert Advantage™ Radio Show With Blake Sloan



Call Us At: 843-808-7653 (SOLD)
WE HAVE A BRAND NEW SHOW THIS WEEK!

MASSIVE AMOUNT OF INFORMATION FOR BOTH BUYERS & HOME SELLERS:

-WE HAVE THE NEWEST MARKET NUMBERS FOR LAST MONTH.. AND SOME GREAT NEWS FOR THE REAL ESTATE MARKET HERE IN THE MYRTLE BEACH AREA.

- WE ARE GOING TO TALK ABOUT WHERE THE INDUSTRIES TOP EXPERTS ARE PREDICTING WE WILL BE GOING IN THE NEXT 5 YEARS IN REGARDS TO HOME PRICES.

-WE ARE GOING TO TALK ABOUT SOME HAPPY CLIENTS WHO JUST SHOT TESTIMONIALS WITH US FOR MYRTLE BEACH REAL ESTATE

-THE TOP 5 BUYER MISTAKES MADE WHEN BUYING A HOME..

- WE ARE HIRING.. IN BOTH THE SALES AND ADMINISTRATIVE AREAS.. SO MUCH GROWTH, WE NEED MORE TOP NOTCH TALENT TO EXECUTE AT THE LEVEL OF EXCELLENCE WE REQUIRE.

- And of course.. The usual.. Have some SMOKING HOT DEALS FOR YOU ALL, and show you where you can get VIP access to the hottest new listings.