What Do Hot Myrtle Beach Market Conditions Mean for You?

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 Hello, and welcome back! We just finished the first quarter of 2015, so we have some exciting numbers to share with you today! Let's take a look at where we're at compared to the first quarter of 2014:

• Single-family home sales increased 5.2% in the first quarter of 2015, an overall activity increase of 13% since last year.
• Median sales price is up 3.7% year over year.
• Average list to sale price ratio is 95%, up 200 basis points from where it was last year.
• Condo sales increased 10%.

As you can see, our market is extremely hot! Residential lots aren't doing as great as we would like to see, but things appear to be moving in the right direction. If you would like to see a full market report, or if you have any questions about conditions in your area, we would love to hear from you! Give us a call or shoot us an email at any time for the real estate assistance you deserve! 

Our Real Estate Market Is Hot, Hot, Hot!

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 discuss the current state of the Myrtle Beach market and what these great conditions mean for you.

The market is on fire right now! In December it was up around 19%, and in January of 2015 we saw an increase of another 9%! Randy, one of our listing experts, is here today to share what he's seeing in the market right now. 

Just this week, Randy has had five contracts accepted, and has two that are pending. Homes that he's just listed are receiving multiple viewings in a matter of weeks. We've also seen homes go under contract in a matter of a week or two. According to the National Association of Realtors, buyer activity this year is three times higher than last! 

If you're thinking about selling, but are feeling nervous about it, there's really no reason to wait. Working with someone who uses a proven system will get you top dollar for your home. 
 
Give us a call or shoot us an email if you want to work with a team who knows how to get the job done. We're always available to help you get the most from the market!

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!