April 2012 Local Reports

Page 1

Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

- 25.0%

- 60.0%

+ 50.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

4 5 $40,000 92.0% 109 24

3 2 $110,000 95.9% 646 34

- 25.0% - 60.0% + 175.0% + 4.3% + 493.8% + 41.7%

16 10 $44,950 86.6% 172 --

14 7 $75,000 88.0% 287

- 12.5% - 30.0% + 66.9% + 1.6% + 66.8% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 3 0.0

2012 0 0 $0 0.0% 2 2.0

--

Year to Date +/–

2011

----- 33.3% --

0 0 $0 0.0% ---

2012 0 0 $0 0.0% ---

+/– -------

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Andrews

+ 80%

All MLS Andrews

b a

0%

+ 60% - 5% + 40% - 10%

+ 20%

0%

- 15%

- 20% - 20% - 40%

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

--

- 75.0%

+ 10.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

0 4 $63,000 92.8% 240 29

7 1 $123,000 98.5% 79 32

-- 75.0% + 95.2% + 6.2% - 67.0% + 10.3%

15 9 $120,000 94.0% 171 --

22 5 $123,000 96.8% 145

+ 46.7% - 44.4% + 2.5% + 3.0% - 15.3% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 0 0.0

2012 0 0 $0 0.0% 0 0.0

--

Year to Date +/–

2011

-------

0 0 $0 0.0% ---

2012 0 0 $0 0.0% ---

+/– -------

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Aynor

+ 40%

All MLS Aynor

b a

0%

+ 30% - 5% + 20%

+ 10%

- 10%

0% - 15%

- 10%

- 20% - 20% - 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

+ 1.0%

- 5.1%

- 18.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

84 45 $135,000 94.7% 175 427

83 44 $137,000 97.5% 160 350

- 1.2% - 2.2% + 1.5% + 3.0% - 8.3% - 18.0%

317 156 $142,600 96.4% 167 --

317 138 $135,950 96.8% 165

0.0% - 11.5% - 4.7% + 0.4% - 1.4% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 16 12 $84,950 96.1% 131 9.0

14 14 $65,000 94.7% 166 12.4

--

Year to Date +/–

2011

+ 14.3% - 14.3% + 30.7% + 1.5% - 21.1% - 27.0%

108 51 $75,000 93.8% ---

2012 107 46 $79,000 95.3% ---

+/– - 0.9% - 9.8% + 5.3% + 1.6% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Carolina Forest

+ 10%

All MLS Carolina Forest

b a

+ 10% + 5%

+ 5% 0% 0% - 5% - 5%

- 10%

- 10%

- 15% - 20%

- 15% - 25% - 20% - 30% - 25% 1-2008

1-2009

1-2010

1-2011

1-2012

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

+ 8.2%

- 3.0%

- 17.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

104 55 $120,000 93.6% 176 731

105 57 $110,000 95.3% 205 597

+ 1.0% + 3.6% - 8.3% + 1.8% + 16.6% - 18.3%

487 194 $125,000 94.1% 176 --

399 187 $120,000 95.3% 183

- 18.1% - 3.6% - 4.0% + 1.3% + 4.1% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 14 7 $59,000 96.2% 71 13.7

6 11 $39,250 93.0% 71 10.8

--

Year to Date +/–

2011

+ 133.3% - 36.4% + 50.3% + 3.4% 0.0% + 26.6%

38 31 $49,900 90.4% ---

2012 60 25 $61,800 94.3% ---

+/– + 57.9% - 19.4% + 23.8% + 4.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Conway

+ 10%

All MLS Conway

b a

+ 40%

+ 30% + 5% + 20% 0% + 10%

0%

- 5%

- 10% - 10% - 20% - 15% - 30%

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 42.6%

+ 27.8%

+ 6.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

27 12 $457,500 88.8% 168 204

49 16 $235,250 93.0% 156 219

+ 81.5% + 33.3% - 48.6% + 4.7% - 7.1% + 7.4%

98 34 $367,500 89.0% 221 --

162 76 $228,400 93.3% 170

+ 65.3% + 123.5% - 37.9% + 4.9% - 23.0% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

20 6 $166,250 90.3% 116 19.1

2012 18 7 $185,000 96.7% 114 18.7

--

Year to Date +/–

2011

- 10.0% + 16.7% + 11.3% + 7.1% - 1.7% - 1.7%

64 21 $166,250 89.7% ---

2012 68 21 $182,000 93.5% ---

+/– + 6.3% 0.0% + 9.5% + 4.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Garden City / Murrells Inlet

All MLS Garden City / Murrells Inlet

+ 100%

+ 40%

+ 80%

+ 30%

+ 60%

+ 20%

+ 40%

+ 10%

+ 20%

0%

0%

- 10%

- 20%

- 20%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 30% 1-2008

1-2009

1-2010

1-2011

b a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

+ 26.9%

+ 8.3%

- 19.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

25 12 $126,000 95.5% 162 274

29 9 $133,250 85.5% 118 239

+ 16.0% - 25.0% + 5.8% - 10.4% - 27.0% - 12.8%

123 34 $123,000 91.9% 212 --

106 37 $153,900 90.3% 197

- 13.8% + 8.8% + 25.1% - 1.7% - 6.7% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

1 0 $0 0.0% 48 41.1

2012 4 4 $250,000 89.6% 38 16.0

--

Year to Date +/–

2011

+ 300.0% ---- 20.8% - 61.1%

9 3 $660,000 84.3% ---

2012 12 5 $300,000 85.6% ---

+/– + 33.3% + 66.7% - 54.5% + 1.6% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Georgetown

+ 70%

All MLS Georgetown

b a

+ 1200%

+ 60% + 1000% + 50% + 40%

+ 800%

+ 30% + 600%

+ 20% + 10%

+ 400%

0% + 200%

- 10% - 20%

0% - 30% - 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 200% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

- 5.3%

- 26.7%

- 18.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

78 35 $159,900 95.2% 186 529

70 21 $150,000 94.1% 185 431

- 10.3% - 40.0% - 6.2% - 1.1% - 0.6% - 18.5%

323 106 $176,500 94.8% 186 --

305 120 $167,223 94.1% 192

- 5.6% + 13.2% - 5.3% - 0.7% + 3.0% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

91 40 $112,000 91.9% 639 20.0

2012 90 34 $105,251 92.9% 552 16.7

--

Year to Date +/–

2011

- 1.1% - 15.0% - 6.0% + 1.1% - 13.6% - 16.7%

348 148 $123,250 93.1% ---

2012 333 131 $108,900 91.9% ---

+/– - 4.3% - 11.5% - 11.6% - 1.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Little River

All MLS Little River

b a

+ 15%

+ 15%

+ 10%

+ 10%

+ 5% + 5% 0% 0% - 5% - 5% - 10% - 10% - 15% - 15%

- 20% 1-2008

- 20%

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

- 21.9%

+ 18.2%

- 20.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

31 11 $112,000 95.2% 204 195

25 13 $119,900 92.4% 173 153

- 19.4% + 18.2% + 7.1% - 2.9% - 15.2% - 21.5%

139 30 $111,000 94.2% 176 --

106 38 $119,900 93.5% 197

- 23.7% + 26.7% + 8.0% - 0.8% + 11.7% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

1 0 $0 0.0% 8 4.4

2012 0 0 $0 0.0% 7 4.7

--

Year to Date +/–

2011

- 100.0% ---- 12.5% + 6.9%

4 1 $115,000 100.0% ---

2012 2 0 $0 0.0% ---

+/– - 50.0% - 100.0% - 100.0% - 100.0% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Loris

+ 40%

All MLS Loris

b a

+ 40%

+ 30%

+ 30%

+ 20% + 20% + 10% + 10% 0% 0% - 10% - 10% - 20% - 20%

- 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

+ 0.6%

- 17.4%

- 14.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

59 36 $227,500 93.4% 182 492

77 34 $218,995 93.3% 210 424

+ 30.5% - 5.6% - 3.7% - 0.1% + 15.3% - 13.8%

300 113 $210,041 93.6% 188 --

306 126 $222,830 94.3% 195

+ 2.0% + 11.5% + 6.1% + 0.7% + 3.6% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

259 165 $93,750 94.8% 1,862 14.4

2012 243 132 $110,000 94.8% 1,521 11.5

--

Year to Date +/–

2011

- 6.2% - 20.0% + 17.3% + 0.0% - 18.3% - 20.3%

1,134 525 $90,300 94.6% ---

2012 1,010 461 $94,000 94.0% ---

+/– - 10.9% - 12.2% + 4.1% - 0.6% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Myrtle Beach

All MLS Myrtle Beach

+ 40%

+ 30%

+ 30%

+ 20%

+ 20%

+ 10%

+ 10%

0%

0%

- 10%

- 10%

- 20%

- 20%

- 30%

- 30%

- 40%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 50% 1-2008

1-2009

1-2010

1-2011

b a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 48.0%

+ 2.1%

- 4.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

43 22 $237,500 94.8% 166 212

34 25 $210,500 95.5% 199 206

- 20.9% + 13.6% - 11.4% + 0.7% + 20.1% - 2.8%

150 77 $250,000 93.5% 191 --

140 74 $230,000 94.1% 175

- 6.7% - 3.9% - 8.0% + 0.7% - 8.5% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

203 73 $174,000 94.4% 893 16.5

2012 94 72 $165,500 95.4% 778 13.2

--

Year to Date +/–

2011

- 53.7% - 1.4% - 4.9% + 1.1% - 12.9% - 19.9%

557 216 $174,000 94.2% ---

2012 453 223 $165,000 93.9% ---

+/– - 18.7% + 3.2% - 5.2% - 0.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS North Myrtle Beach

All MLS North Myrtle Beach

+ 20%

+ 15%

+ 15%

+ 10%

+ 10%

b a

+ 5%

+ 5% 0% 0% - 5% - 5% - 10% - 10% - 15% - 15% - 20%

- 20%

- 25%

- 25% - 30% 1-2008

1-2009

1-2010

1-2011

1-2012

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

- 21.8%

- 16.2%

- 9.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

54 26 $360,000 92.9% 196 474

37 20 $350,000 91.4% 183 425

- 31.5% - 23.1% - 2.8% - 1.6% - 6.4% - 10.3%

239 69 $285,000 93.4% 209 --

201 70 $318,000 92.0% 210

- 15.9% + 1.4% + 11.6% - 1.5% + 0.5% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

33 11 $122,500 93.2% 341 31.7

2012 31 11 $129,900 94.9% 343 31.7

--

Year to Date +/–

2011

- 6.1% 0.0% + 6.0% + 1.8% + 0.6% - 0.2%

121 36 $140,000 92.4% ---

2012 133 43 $142,000 91.6% ---

+/– + 9.9% + 19.4% + 1.4% - 0.8% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Pawleys Island / Litchfield

All MLS Pawleys Island / Litchfield

+ 50%

+ 60%

+ 40%

+ 50%

+ 30%

+ 40%

+ 20%

+ 30%

+ 10%

+ 20%

0%

+ 10%

- 10%

0%

- 20%

- 10%

- 30%

- 20%

- 40%

- 30%

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

- 40% 1-2008

1-2009

1-2010

1-2011

b a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

+ 10.0%

- 20.8%

- 6.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

32 20 $137,450 92.4% 171 174

28 11 $165,000 97.9% 108 160

- 12.5% - 45.0% + 20.0% + 5.9% - 36.6% - 8.0%

131 60 $136,500 94.8% 167 --

122 47 $135,000 97.1% 147

- 6.9% - 21.7% - 1.1% + 2.4% - 11.5% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 16 8 $47,500 90.1% 74 15.3

8 4 $40,063 88.2% 59 13.9

--

Year to Date +/–

2011

+ 100.0% + 100.0% + 18.6% + 2.2% + 25.4% + 10.3%

30 14 $37,513 90.4% ---

2012 62 25 $50,000 93.2% ---

+/– + 106.7% + 78.6% + 33.3% + 3.0% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Socastee

+ 30%

All MLS Socastee

b a

+ 60%

+ 25% + 40% + 20% + 15% + 20% + 10% + 5%

0%

0% - 20% - 5% - 10% - 40% - 15% - 20% 1-2008

1-2009

1-2010

1-2011

1-2012

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – April 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 13.6%

+ 29.4%

- 17.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

47 15 $175,000 94.0% 152 260

38 26 $213,625 95.8% 165 219

- 19.1% + 73.3% + 22.1% + 1.9% + 8.6% - 15.8%

192 71 $200,000 93.6% 200 --

186 102 $207,705 95.0% 188

- 3.1% + 43.7% + 3.9% + 1.5% - 6.2% --

April

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 32 18 $77,500 91.4% 192 10.9

34 19 $62,000 89.8% 255 19.1

--

Year to Date +/–

2011

- 5.9% - 5.3% + 25.0% + 1.8% - 24.7% - 42.9%

142 57 $62,000 89.5% ---

2012 135 65 $68,000 91.1% ---

+/– - 4.9% + 14.0% + 9.7% + 1.8% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Surfside Beach

+ 15%

All MLS Surfside Beach

b a

+ 10% + 5%

+ 10% 0% + 5% - 5% 0%

- 10%

- 5%

- 15% - 20%

- 10% - 25% - 15% - 30% - 20% 1-2008

1-2009

1-2010

1-2011

1-2012

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


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