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!

Watch Us On Shark Tank Tonight!

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)

Tune in to ABC’s Shark Tank tonight at 9:00 PM Eastern to see our own Blake Sloan of the Sloan Realty Group side-by-side with real estate magnate Barbara Corcoran.

Corcoran is Shark Tank’s resident real estate mogul and a prominent self-made multi millionaire.

She is now an exclusive strategic partner with Blake Sloan, and the Sloan Realty Group as the go to real estate experts for the Myrtle Beach & Grand Strand areas.

Sloan’s company, Sloan Realty Group, is a dominant leader in the real estate industry, providing phenomenal service and expertise to a wide base of clientele in Myrtle Beach.

The Sloan Realty Group is one of the most advanced and highly ranked real estate teams in the world. They were ranked by the Wall Street Journal as one of the Top 50 Real Estate Teams In North America, coming in at #43, and #1 in the State Of South Carolina.

Blake Sloan's unmatched marketing and innovation in the real estate world has landed him national & international attention with recognition such as "Forbes Magazine Top 30 Under 30", Real Estate Magazine's Top 30 Under 30, and has consistently been featured in both national and local news outlets like NBC, Fox, and others.

Corcoran is an iconic figure in the New York real estate scene and nationally known as the real estate contributor to the NBC TODAY show. She has invested in more than two dozen businesses to date on Shark Tank, and has written several well-received books including Shark Tales: How I turned $1,000 into a Billion Dollar Business.

Where's the Market Heading and What Does It Mean for You?

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!