Grand Strand Real Estate Sales

Real Estate sales improved for the month of December compared to the same time frame a year ago. This is the third consecutive month that sales have shown an improvement. The total number of units closed in December was 607 units compared to 430 for the same time frame a year ago. This is a 41% increase. The $150,000 and below market accounted for slightly more than half the sales. There were only 26 properties sold for $500,000 and above. Foreclosures and short sales accounted for approximately 30% of the sales.

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