August 2013 local reports

Page 1

Local Market Update – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

+ 40.0%

- 100.0%

+ 17.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

4 4 $43,500 83.9% 168 25

6 0 $0 0.0% 0 30

+ 50.0% - 100.0% - 100.0% - 100.0% - 100.0% + 20.0%

29 14 $47,000 89.4% 200 --

38 9 $64,500 91.7% 108

+ 31.0% - 35.7% + 37.2% + 2.7% - 46.2% --

August

Condo Properties

2012

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% 0 3

2013 1 0 $0 0.0% 0 3

--

Year to Date +/–

2012

0.0% ----0.0%

1 0 $0 0.0% 0 --

2013 3 2 $200,000 84.2% 177 --

+/– + 200.0% ------

* 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

All MLS Andrews

+ 600%

+ 10%

+ 500%

+ 5%

+ 400%

0%

+ 300%

- 5%

+ 200%

- 10%

+ 100%

- 15%

0%

- 20%

- 100% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

- 60.0%

0.0%

+ 25.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

10 3 $151,500 99.2% 77 27

4 3 $130,000 81.2% 182 34

- 60.0% 0.0% - 14.2% - 18.2% + 136.4% + 25.9%

48 12 $125,000 94.8% 114 --

45 24 $100,000 92.4% 175

- 6.3% + 100.0% - 20.0% - 2.5% + 53.4% --

August

Condo Properties

2012

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

2013 0 0 $0 0.0% 0 0

--

Year to Date +/–

2012

-------

0 0 $0 0.0% 0 --

2013 0 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

+ 10%

+ 30%

+ 5%

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

- 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

- 28.5%

- 11.1%

- 13.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

100 66 $170,950 96.4% 144 385

76 61 $155,000 97.2% 139 346

- 24.0% - 7.6% - 9.3% + 0.9% - 3.7% - 10.1%

672 379 $143,750 97.0% 152 --

748 470 $158,750 96.8% 146

+ 11.3% + 24.0% + 10.4% - 0.3% - 4.1% --

August

Condo Properties

2012

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

2013 17 11 $76,900 95.5% 133 104

30 15 $86,900 94.1% 145 132

--

Year to Date +/–

2012

- 43.3% - 26.7% - 11.5% + 1.5% - 8.5% - 21.2%

213 118 $82,000 95.0% 149 --

2013 152 103 $84,900 95.9% 167 --

+/– - 28.6% - 12.7% + 3.5% + 0.9% + 12.1% --

* 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

All MLS Carolina Forest

+ 25%

+ 15%

+ 20%

+ 10%

+ 15%

+ 5%

+ 10%

0%

+ 5%

- 5%

0%

- 10%

- 5%

- 15%

- 10%

- 20%

- 15%

- 25%

- 20%

- 30%

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

+ 26.2%

+ 44.1%

- 8.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

113 61 $120,000 93.2% 155 668

142 94 $145,200 96.6% 157 628

+ 25.7% + 54.1% + 21.0% + 3.6% + 1.0% - 6.0%

838 432 $120,000 94.9% 184 --

1,106 542 $128,925 96.3% 158

+ 32.0% + 25.5% + 7.4% + 1.4% - 14.3% --

August

Condo Properties

2012

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

2013 17 4 $35,000 94.8% 91 44

13 7 $70,900 92.2% 154 70

--

Year to Date +/–

2012

+ 30.8% - 42.9% - 50.6% + 2.8% - 40.7% - 37.1%

102 48 $61,800 93.1% 148 --

2013 62 30 $61,000 92.0% 124 --

+/– - 39.2% - 37.5% - 1.3% - 1.2% - 16.2% --

* 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%

- 5%

0%

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

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

0.0%

+ 9.4%

- 12.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

41 27 $228,900 95.2% 226 248

46 25 $275,000 97.5% 159 219

+ 12.2% - 7.4% + 20.1% + 2.4% - 29.3% - 11.7%

337 183 $232,520 95.3% 176 --

385 207 $250,000 96.1% 178

+ 14.2% + 13.1% + 7.5% + 0.8% + 0.9% --

August

Condo Properties

2012

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

13 5 $199,000 90.5% 231 123

2013 8 10 $166,750 93.1% 247 106

--

Year to Date +/–

2012

- 38.5% + 100.0% - 16.2% + 2.8% + 6.8% - 13.8%

116 46 $183,500 92.7% 202 --

2013 130 69 $142,500 93.7% 198 --

+/– + 12.1% + 50.0% - 22.3% + 1.1% - 2.2% --

* 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

+ 100%

All MLS Garden City / Murrells Inlet

b a

+ 60% + 50%

+ 80% + 40% + 60% + 30% + 40%

+ 20%

+ 20%

+ 10% 0%

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

1-2009

1-2010

1-2011

1-2012

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

- 3.4%

+ 20.0%

- 2.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

26 15 $160,000 93.7% 304 263

24 15 $175,000 86.5% 266 249

- 7.7% 0.0% + 9.4% - 7.6% - 12.4% - 5.3%

210 81 $137,000 90.8% 210 --

196 102 $162,000 90.5% 235

- 6.7% + 25.9% + 18.2% - 0.4% + 11.6% --

August

Condo Properties

2012

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

3 0 $0 0.0% 0 32

2013 4 3 $61,000 87.0% 233 39

--

Year to Date +/–

2012

+ 33.3% ----+ 21.9%

23 14 $179,500 87.9% 287 --

2013 28 8 $67,500 89.6% 210 --

+/– + 21.7% - 42.9% - 62.4% + 2.0% - 26.8% --

* 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 Georgetown

+ 80%

All MLS Georgetown

b a

+ 1200%

+ 1000%

+ 60%

+ 800% + 40% + 600% + 20% + 400% 0% + 200%

- 20%

- 40% 1-2008

0%

1-2009

1-2010

1-2011

1-2012

1-2013

- 200% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

+ 15.8%

- 19.8%

- 2.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

78 47 $189,995 91.1% 212 419

94 46 $215,000 96.4% 141 432

+ 20.5% - 2.1% + 13.2% + 5.8% - 33.5% + 3.1%

598 285 $170,000 93.2% 185 --

733 362 $171,083 95.3% 163

+ 22.6% + 27.0% + 0.6% + 2.2% - 11.7% --

August

Condo Properties

2012

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

68 54 $115,000 92.4% 203 543

2013 75 35 $115,000 94.0% 155 506

--

Year to Date +/–

2012

+ 10.3% - 35.2% 0.0% + 1.8% - 23.7% - 6.8%

641 331 $109,000 92.2% 183 --

2013 684 330 $105,500 93.4% 173 --

+/– + 6.7% - 0.3% - 3.2% + 1.3% - 5.1% --

* 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

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

+ 52.6%

+ 200.0%

+ 12.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

17 9 $96,500 98.5% 155 169

24 25 $130,695 94.7% 140 184

+ 41.2% + 177.8% + 35.4% - 3.9% - 9.8% + 8.9%

206 84 $115,000 92.5% 206 --

273 142 $121,318 93.3% 169

+ 32.5% + 69.0% + 5.5% + 0.9% - 17.9% --

August

Condo Properties

2012

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

2 0 $0 0.0% 0 19

2013 5 2 $58,950 90.0% 203 27

--

Year to Date +/–

2012

+ 150.0% ----+ 42.1%

6 1 $330,000 91.9% 519 --

2013 37 15 $85,900 92.9% 206 --

+/– + 516.7% + 1400.0% - 74.0% + 1.1% - 60.2% --

* 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

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

+ 22.2%

- 12.1%

- 2.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

72 40 $243,250 95.7% 173 403

93 56 $260,754 95.0% 182 451

+ 29.2% + 40.0% + 7.2% - 0.7% + 5.1% + 11.9%

597 313 $228,000 94.5% 186 --

751 380 $243,885 95.3% 171

+ 25.8% + 21.4% + 7.0% + 0.9% - 8.3% --

August

Condo Properties

2012

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

185 150 $94,000 94.2% 155 1,476

2013 221 111 $102,000 93.8% 147 1,389

--

Year to Date +/–

2012

+ 19.5% - 26.0% + 8.5% - 0.4% - 5.7% - 5.9%

1,813 1,046 $94,950 94.0% 170 --

2013 1,944 1,136 $99,000 94.2% 167 --

+/– + 7.2% + 8.6% + 4.3% + 0.2% - 2.1% --

* 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

1-2013

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

+ 44.1%

+ 18.0%

- 14.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

37 25 $223,750 93.9% 129 207

53 29 $222,500 94.9% 167 199

+ 43.2% + 16.0% - 0.6% + 1.1% + 28.9% - 3.9%

294 163 $233,450 94.1% 163 --

340 157 $239,000 94.6% 169

+ 15.6% - 3.7% + 2.4% + 0.5% + 3.6% --

August

Condo Properties

2012

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

81 64 $184,500 95.1% 165 722

2013 117 76 $195,450 96.6% 150 600

--

Year to Date +/–

2012

+ 44.4% + 18.8% + 5.9% + 1.5% - 8.8% - 16.9%

847 535 $167,500 94.4% 181 --

2013 874 495 $175,000 95.6% 185 --

+/– + 3.2% - 7.5% + 4.5% + 1.4% + 2.2% --

* 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

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

- 17.1%

- 9.1%

- 3.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

51 29 $277,500 93.1% 187 418

40 27 $330,500 94.8% 208 418

- 21.6% - 6.9% + 19.1% + 1.9% + 11.2% 0.0%

381 177 $300,000 93.2% 207 --

402 177 $330,000 93.6% 219

+ 5.5% 0.0% + 10.0% + 0.5% + 5.7% --

August

Condo Properties

2012

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

31 15 $172,000 89.3% 265 342

2013 28 13 $125,000 93.5% 225 313

--

Year to Date +/–

2012

- 9.7% - 13.3% - 27.3% + 4.7% - 15.3% - 8.5%

251 106 $139,350 92.0% 239 --

2013 253 122 $127,750 91.4% 198 --

+/– + 0.8% + 15.1% - 8.3% - 0.7% - 16.9% --

* 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

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

+ 7.3%

+ 50.0%

- 26.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

31 17 $159,900 94.2% 116 163

41 23 $143,900 95.3% 164 132

+ 32.3% + 35.3% - 10.0% + 1.2% + 42.4% - 19.0%

265 130 $134,500 96.8% 148 --

292 169 $142,000 96.6% 161

+ 10.2% + 30.0% + 5.6% - 0.3% + 9.3% --

August

Condo Properties

2012

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

2013 3 7 $45,000 92.0% 199 33

10 3 $32,400 90.4% 98 62

--

Year to Date +/–

2012

- 70.0% + 133.3% + 38.9% + 1.8% + 103.5% - 46.8%

88 48 $45,000 92.3% 146 --

2013 70 55 $29,900 88.7% 192 --

+/– - 20.5% + 14.6% - 33.6% - 3.9% + 31.5% --

* 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

1-2013

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – August 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

+ 47.6%

+ 4.3%

- 15.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

August

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

2012

2013

+/–

2012

2013

+/–

41 29 $165,500 93.2% 155 238

55 29 $169,000 95.1% 177 184

+ 34.1% 0.0% + 2.1% + 2.1% + 14.1% - 22.7%

367 220 $200,000 94.9% 177 --

375 255 $185,000 95.5% 174

+ 2.2% + 15.9% - 7.5% + 0.7% - 1.9% --

August

Condo Properties

2012

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

2013 38 19 $65,000 93.3% 133 158

22 17 $62,000 94.1% 174 168

--

Year to Date +/–

2012

+ 72.7% + 11.8% + 4.8% - 0.8% - 23.3% - 6.0%

240 140 $68,000 92.6% 174 --

2013 292 174 $66,001 93.4% 148 --

+/– + 21.7% + 24.3% - 2.9% + 0.9% - 14.9% --

* 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

+ 20%

All MLS Surfside Beach

b a

+ 30%

+ 15%

+ 20%

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

- 15%

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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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