Barefoot Resort Condos For Sale - Signs of Recovery

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Services for Real Estate Pros

From Greg Harrelson, C21 The Harrelson Group

Yacht Club Villas at Barefoot Resort

The market for condos in Barefoot Resort suffered during the last 6 years while the real estate economy was declining. There are still signs of struggling real estate sales in many Myrtle Beach communities, yet Barefoot Resort seems to be recovering at a faster pace than most similar resorts along the Grand Strand. Anytime there is a shift in the real estate market, you want to evaluate what communities are selling the most and which ones are seeing a rise in price. The leader at the beginning of a market shift will likely lead the market for the next 5 plus years.

Pool at The Wedgewood in Barefoot Resort

Here are a few things that we can see on the MLS about Barefoot Resort condos and for those that have sold:

1. Inventory has declined by 35%

2. Foreclosures and Short sales in Barefoot Resort have declined...very few on the market now.

3. List prices for the condos for sale in the MLS have increased.

4. Buyer calls specifically for Barefoot Resort have increased.

The Myrtle Beach real estate market is showing some positive signs of recovery. Based on the most recent numbers in the Myrtle Beach MLS shows that the condos in Barefoot Resort may be leading this recovery and prove to be a great investment for the long term.

Harbour Cove Condos in Barefoot Resort

Final Thought: If you are considering an investment in the Myrtle Beach or North Myrtle Beach real estate markets, those who buy first will be buying at the best prices. Those who buy last will pay the most. Let's not forget the lessons we have learned over the last 8 years in real estate.

For more information on Barefoot Resort condos for sale, to search the Myrtle Beach MLS, or just to see what our beach has to offer, visit us at our websites.

 

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South Carolina Horry County North Myrtle Beach Barefoot Resort
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Rainmaker
1,377,435
P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy
Keller Williams Realty Silicon Valley - Gilroy, CA
San Juan Bautista and Hollister as well!

 

Jan,

This is a very nice Resort and looks like a great place to call home!

 

All the best,

 

Apr 07, 2012 12:31 AM #1
Rainmaker
207,801
Jan Chilton
Myrtle Beach, SC
Real Estate Marketing

Thanks, Patrick.

The thing that amazes me about that whole place is the pricing.  Most of those condos or townhouses are really large...many of them even have a garage.  They are on a golf course...you get the use of the big pool at those Yacht Club Villas if you want.  They have a free shuttle going to the beach several times a day...but the condos run in the mid $100's to mid $200's...some even cheaper.

Apr 07, 2012 01:54 AM #2
Rainmaker
552,167
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Jan,

What a beautiful looking place. What would be the price range for condos there today? Just curious, thanks.

Apr 07, 2012 09:07 AM #3
Rainmaker
207,801
Jan Chilton
Myrtle Beach, SC
Real Estate Marketing

I think you can find most of the listings on this page.  Looks like they range from just over $100k to about $250K. I'm not sure they are all listed here...you might want to actually do a search too.  But this will give you a good idea.  Those Yacht Club Villas are on a page by themselves...and they are in the mid 200's.  The most gorgeous condos I've ever seen...that is where I want to live more than anywhere in the entire beach.

Barefoot Resort Condos

Yacht Club Villas

Apr 07, 2012 09:17 AM #4
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Rainmaker
207,801

Jan Chilton

Real Estate Marketing
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