Carriage Lake Subdivision in Little River SC - 2009 Market Report:

By
Real Estate Broker/Owner with Buyers' Choice Realty

Carriage Lake Subdivision in Little River SC - 2009 Market Report:Carriage Lake Subdivision in Little River SC


Carriage Lake is a fine subdivision of lovely homes built under the rigorous care of D.R. Horton.  I inspected some of these homes while they were being built and I was impressed with the quality of construction.  I had two builders with me at the time and they both raved about the many positive things they observed. 


The neighborhood is located less than five minutes to the Beach, in Little River, SC, where the property taxes are even lower, yet all the wonderful perks of North Myrtle Beach are within easy reach: the wonderful Aquatic Fitness Center, several shopping centers, Parks, entertainment and the Beach are all less than five minutes away.

Carriage Lake Subdivision in Little River SC

The neighborhood is build around a lovely Lake and it is very well maintained.  Wide streets, underground utilities, verdant surroundings and a lovely Amenities Center with a large in-ground pool and cabana give this subdivision charm and desirability. 


At the height of the market, these homes were selling in the early $300’s, with $340,000 being the highest price ever sold there.  The latest sale occurred in October of this year for only $161,000, the lowest price ever transacted at Carriage Lake.  The next lowest prices occurred in 2004 and they were all pre-construction. 


There are currently 13 homes available for sale at Carriage Lake, priced between $169,500 and $359,900.  Three of them are under contract.  Of these three pending transactions, two of them are short sales.

 

 

Carriage Lake Homes Sold in 2009:

RESIDENTIAL Summary Statistics

 

High

Low

Average

Median

List Price:

$259,900

$179,000

$214,675

$209,900

Sold Price:

$210,000

$161,000

$192,725

$199,950

 

Carriage Lake Homes Sold in 2009:

 

 Price

 EstSqFtUR

 BR

 ADDRESS

 Cont Date

 Total SQFT

 DOM

 List Price

 Sold Price

 

 $/Total SQFT

 $161,000

 11 1901-2000

 3

 229 Carriage Lake Dr

 8/30/2009

 2000

 52

 $179,000

 $161,000

 $80.50

 $210,000

 14 2201-2300

 3

 301 Carriage Lake Dr

 4/8/2009

 2300

 142

 $219,900

 $210,000

 $91.30

 $199,900

 20 2801-2900

 4

 233 CARRIAGE LAKE DRIVE

 2/21/2009

 2900

 125

 $199,900

 $199,900

 $68.93

 $200,000

 19 2701-2800

 4

 225 Carriage Lake Drive

 1/1/2009

 2400

 242

 $259,900

 $200,000

 $83.33

 

 

 

  Total Listings

 

 

  Avg 

  Avg 

  Avg 

  Avg 

 

 

 

 4

 

 

 140 

 $214,675 

 $192,725 

 $81 



Carriage Lake Homes Available for Sale:

 

RESIDENTIAL Summary Statistics

 

High

Low

Average

Median

List Price:

$359,900

$169,500

$234,215

$224,900

 

 

 

 Price

 EstSqFtUR

 BR

 ADDRESS

 Status

 LP

 $169,500

 19 2701-2800

 4

 109 Carriage Lake Drive

 PEND. CONTINGENT CONTRACT

 $169,500

 $179,000

 14 2201-2300

 4

 325 Carriage Lake Dr

 PEND. CONTINGENT CONTRACT

 $179,000

 $198,900

 15 2301-2400

 3

 141 Carriage Lake Drive

 ACTIVE

 $198,900

 $210,000

 13 2101-2200

 3

 177 Carriage Lake Dr.

 ACTIVE

 $210,000

 $215,900

 14 2201-2300

 4

 133 Carriage Lake Drive

 ACTIVE

 $215,900

 $220,000

 17 2501-2600

 3

 105 CARRIAGE LAKE DRIVE

 ACTIVE

 $220,000

 $224,900

 12 2001-2100

 3

 205 Carriage Lake Dr

 ACTIVE

 $224,900

 $226,900

 14 2201-2300

 4

 261 CARRIAGE LAKE DR

 ACTIVE

 $226,900

 $230,000

 14 2201-2300

 3

 217 Carriage Lake Drive

 ACTIVE

 $230,000

 $244,000

 20 2801-2900

 4

 233 Carriage Lake Dr.

 PEND. CNTGT. ON FINANCING

 $244,000

 $255,900

 20 2801-2900

 3

 169 CARRIAGE LAKE DRIVE

 ACTIVE

 $255,900

 $309,900

 27 3501-3600

 4

 293 Carriage Lake Drive

 ACTIVE

 $309,900

 $359,900

 20 2801-2900

 3

 422 Carriage Lake

 ACTIVE

 $359,900

 

 

 

  Total Listings

 

  Avg 

 

 

 

 13

 

 $234,215 

 

Mirela Monte, Your Myrtle Beach Real Estate Connection                             

 

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Larry Story
Total Care Realty - Greensboro, NC
Total Care Realty, LLC, Greensboro, NC Real Estate

Mirela,

Nice subdivision. Reminds me of some homes that were built in Florida that I was involved with.  Not DR Horton though.

Dec 12, 2009 11:56 AM #1
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

WOW, great price for that location so close to the beach and the lake is really pretty too.

Dec 12, 2009 01:35 PM #2
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Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Mirela, your Market Report for Carriage Lake Subdivision is very thorough. Values in Myrtle Beach are great to be able to buy a newer home in that price range that is 5 minutes to the beach.

Dec 13, 2009 12:16 PM #3
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