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Surfside Beach Houses are Selling Fast!

By
Real Estate Broker/Owner with Century 21 The Harrelson Group Firm | 7 Offices

Surfside Beach Houses are Selling Fast!
 

It wasn't long ago when all we heard was that the prices of Surfide Beach houses were falling. In most cases, houses on the beach or across the street from the beach fell by 50% or more. Some that originally sold for $1,000,000 sold for later for $450,000.

Finally, we have some good news for the Surfside Beach real estate market. Recently, the available inventory of Surfside Beach houses for sale has decreased to a 5-6 year low. Typically, when we see the inventory supply decrease, a stable market follows. though it is a little too early to make market predictions, this is great news for those that own these homes. For prospective buyers, this may be a sign that the days of getting a steal is not going to be around forever.

I have already seen prices increase slightly as well as seeing the days on market shrink in this area. What does this all mean for Surfside Beach real estate?

1. Surfside Beach houses are selling faster

2. Homes in this area are selling for more money.

3. The amount of homes for sale in Surfside Beach is declining leaving fewer choices for those waiting for a deal.

If you are in the market to purchase a beach home in Myrtle Beach or Sufside, please contact any of our Myrtle Beach realtors by following this link to our company website.

 

 

 

 

Comments (1)

Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

All good news!   Thanks for sharing this uptick.

Jul 16, 2012 02:45 AM