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Market Update for the Myrtle Beach Area

By
Real Estate Agent with Dock Street Realty

Myrtle Beach and surrounding communities continue to struggle in this unusual market.  Hopefully, the news that Fannie and Freddie are under new management with the government at the helm, will change the real estate market for all of us.

Total Listings       21,314

Residential Listings      6713

Land                           5983

Condos/Townhomes      7574

Commercial                   882

Multi Family                   162

Expired year to date      7745

Withdrawn                    8306

August Data:

The number of homes closed    809

The number of condo/townhomes closed   223

Expired listings were  1485

Median sales     $207,000

Avg Days on the Market   232