August, 2012 Local

Page 1

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

Andrews

+ 20.0%

+ 300.0%

- 42.2%

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

2011

2012

+/–

2011

2012

+/–

5 1 $75,000 88.2% 326 41

5 4 $43,500 83.9% 168 23

0.0% + 300.0% - 42.0% - 4.9% - 48.6% - 43.9%

43 14 $49,200 87.9% 173 --

29 15 $51,900 88.9% 201

- 32.6% + 7.1% + 5.5% + 1.1% + 16.2% --

August

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 4

2012 1 0 $0 0.0% 0 3

--

Year to Date +/–

2011

------ 25.0%

1 0 $0 0.0% 0 --

2012 1 0 $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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

+ 400.0%

- 25.0%

+ 28.6%

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

2011

2012

+/–

2011

2012

+/–

2 4 $143,500 94.9% 338 21

10 3 $151,500 99.2% 77 27

+ 400.0% - 25.0% + 5.6% + 4.6% - 77.2% + 28.6%

31 20 $121,500 93.3% 225 --

47 12 $125,000 94.8% 114

+ 51.6% - 40.0% + 2.9% + 1.6% - 49.4% --

August

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

2012 0 0 $0 0.0% 0 0

--

Year to Date +/–

2011

-------

0 0 $0 0.0% 0 --

2012 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

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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

+ 28.6%

+ 15.6%

- 6.6%

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

2011

2012

+/–

2011

2012

+/–

75 45 $158,600 96.9% 148 375

98 62 $165,775 96.2% 151 359

+ 30.7% + 37.8% + 4.5% - 0.8% + 1.8% - 4.3%

600 333 $147,250 95.9% 158 --

670 375 $142,550 97.0% 154

+ 11.7% + 12.6% - 3.2% + 1.1% - 2.9% --

August

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 28 12 $84,700 93.6% 163 123

23 19 $90,000 97.4% 249 141

--

Year to Date +/–

2011

+ 21.7% - 36.8% - 5.9% - 4.0% - 34.5% - 12.8%

197 125 $84,500 94.5% 174 --

2012 213 113 $81,000 94.9% 151 --

+/– + 8.1% - 9.6% - 4.1% + 0.4% - 13.3% --

* 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 Carolina Forest

All MLS Carolina Forest

b a

+ 15%

+ 10%

+ 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

- 17.1%

- 2.9%

- 7.9%

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

2011

2012

+/–

2011

2012

+/–

136 61 $125,900 95.3% 162 693

108 59 $120,000 93.0% 153 620

- 20.6% - 3.3% - 4.7% - 2.4% - 5.5% - 10.5%

898 407 $125,000 94.3% 181 --

831 431 $119,950 94.9% 184

- 7.5% + 5.9% - 4.0% + 0.6% + 2.0% --

August

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 13 7 $70,900 92.2% 154 70

10 7 $60,000 94.4% 234 56

--

Year to Date +/–

2011

+ 30.0% 0.0% + 18.2% - 2.4% - 34.1% + 25.0%

66 52 $58,500 91.5% 163 --

2012 102 49 $61,800 93.1% 149 --

+/– + 54.5% - 5.8% + 5.6% + 1.8% - 8.8% --

* 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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 117.4%

+ 88.2%

- 2.3%

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

2011

2012

+/–

2011

2012

+/–

19 9 $234,500 87.5% 168 240

37 27 $228,900 95.2% 226 223

+ 94.7% + 200.0% - 2.4% + 8.7% + 34.0% - 7.1%

225 70 $301,540 89.8% 232 --

322 179 $235,000 95.2% 177

+ 43.1% + 155.7% - 22.1% + 6.1% - 23.9% --

August

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

4 8 $124,450 97.1% 233 112

2012 13 5 $199,000 90.5% 231 121

--

Year to Date +/–

2011

+ 225.0% - 37.5% + 59.9% - 6.7% - 0.7% + 8.0%

105 48 $160,000 91.5% 271 --

2012 117 46 $183,500 92.7% 202 --

+/– + 11.4% - 4.2% + 14.7% + 1.4% - 25.5% --

* 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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

+ 100.0%

+ 66.7%

- 1.7%

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

2011

2012

+/–

2011

2012

+/–

14 7 $95,000 91.6% 245 251

27 15 $160,000 93.7% 304 251

+ 92.9% + 114.3% + 68.4% + 2.3% + 24.1% 0.0%

203 67 $117,500 90.1% 200 --

210 80 $140,000 90.9% 210

+ 3.4% + 19.4% + 19.1% + 0.9% + 4.9% --

August

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 2 $460,000 90.9% 231 37

2012 3 0 $0 0.0% 0 32

--

Year to Date +/–

2011

+ 200.0% - 100.0% - 100.0% - 100.0% - 100.0% - 13.5%

13 12 $312,500 78.7% 474 --

2012 22 13 $109,000 86.9% 308 --

+/– + 69.2% + 8.3% - 65.1% + 10.3% - 35.0% --

* 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 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

- 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

+ 5.1%

+ 38.8%

- 16.9%

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

2011

2012

+/–

2011

2012

+/–

63 43 $174,000 91.2% 224 498

76 42 $220,000 92.1% 213 405

+ 20.6% - 2.3% + 26.4% + 1.0% - 4.9% - 18.7%

594 269 $180,000 93.5% 194 --

595 279 $170,000 93.5% 185

+ 0.2% + 3.7% - 5.6% - 0.0% - 4.8% --

August

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

75 24 $123,000 94.1% 204 614

2012 69 51 $111,550 92.7% 198 519

--

Year to Date +/–

2011

- 8.0% + 112.5% - 9.3% - 1.5% - 2.6% - 15.5%

635 264 $124,500 92.8% 187 --

2012 640 327 $108,900 92.2% 182 --

+/– + 0.8% + 23.9% - 12.5% - 0.6% - 2.4% --

* 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

- 46.9%

- 40.0%

- 21.4%

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

2011

2012

+/–

2011

2012

+/–

30 15 $88,500 91.9% 133 192

17 9 $96,500 98.5% 155 148

- 43.3% - 40.0% + 9.0% + 7.2% + 16.0% - 22.9%

238 76 $102,000 92.9% 177 --

198 82 $115,100 92.7% 204

- 16.8% + 7.9% + 12.8% - 0.3% + 14.8% --

August

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

2 0 $0 0.0% 0 4

2012 0 0 $0 0.0% 0 6

--

Year to Date +/–

2011

- 100.0% ----+ 50.0%

6 2 $255,000 94.4% 187 --

2012 3 1 $330,000 91.9% 519 --

+/– - 50.0% - 50.0% + 29.4% - 2.6% + 177.5% --

* 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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 13.5%

- 1.1%

- 21.5%

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

2011

2012

+/–

2011

2012

+/–

79 41 $211,519 90.8% 158 478

67 36 $243,250 96.4% 179 374

- 15.2% - 12.2% + 15.0% + 6.2% + 13.6% - 21.8%

583 258 $230,000 92.4% 182 --

588 306 $228,000 94.6% 188

+ 0.9% + 18.6% - 0.9% + 2.3% + 3.4% --

August

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 183 136 $95,000 94.0% 154 1,402

210 133 $92,400 95.3% 169 1,784

--

Year to Date +/–

2011

- 12.9% + 2.3% + 2.8% - 1.3% - 9.1% - 21.4%

2,045 1,087 $98,000 94.4% 171 --

2012 1,810 1,024 $95,000 94.0% 170 --

+/– - 11.5% - 5.8% - 3.1% - 0.4% - 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 32.7%

+ 55.6%

- 18.9%

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

2011

2012

+/–

2011

2012

+/–

43 9 $230,000 93.9% 253 230

35 22 $220,000 93.6% 131 195

- 18.6% + 144.4% - 4.3% - 0.3% - 48.3% - 15.2%

294 140 $245,842 93.6% 179 --

294 159 $231,000 94.0% 163

0.0% + 13.6% - 6.0% + 0.5% - 8.8% --

August

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

125 45 $157,500 95.1% 158 868

2012 78 62 $171,500 95.0% 161 696

--

Year to Date +/–

2011

- 37.6% + 37.8% + 8.9% - 0.1% + 2.2% - 19.8%

1,009 461 $175,000 94.2% 173 --

2012 840 532 $167,500 94.3% 181 --

+/– - 16.7% + 15.4% - 4.3% + 0.1% + 4.5% --

* 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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

+ 37.7%

+ 29.0%

- 8.3%

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

2011

2012

+/–

2011

2012

+/–

35 19 $270,000 91.5% 200 444

53 26 $345,000 92.3% 160 409

+ 51.4% + 36.8% + 27.8% + 1.0% - 20.3% - 7.9%

398 151 $285,000 93.2% 210 --

388 174 $308,500 93.1% 203

- 2.5% + 15.2% + 8.2% - 0.1% - 3.1% --

August

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

26 12 $221,500 91.2% 281 366

2012 31 14 $176,500 89.4% 281 334

--

Year to Date +/–

2011

+ 19.2% + 16.7% - 20.3% - 2.0% + 0.0% - 8.7%

242 70 $159,900 92.2% 260 --

2012 250 104 $136,850 92.0% 243 --

+/– + 3.3% + 48.6% - 14.4% - 0.2% - 6.6% --

* 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 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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

- 32.1%

- 30.8%

- 6.8%

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

2011

2012

+/–

2011

2012

+/–

45 19 $145,000 97.5% 148 182

24 15 $162,925 94.5% 97 156

- 46.7% - 21.1% + 12.4% - 3.1% - 34.8% - 14.3%

259 113 $136,850 96.0% 149 --

272 125 $135,000 96.9% 142

+ 5.0% + 10.6% - 1.4% + 1.0% - 4.5% --

August

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 12 3 $32,400 90.4% 98 62

8 7 $40,000 97.3% 136 52

--

Year to Date +/–

2011

+ 50.0% - 57.1% - 19.0% - 7.1% - 27.9% + 19.2%

59 34 $39,950 92.3% 186 --

2012 92 47 $43,875 92.1% 146 --

+/– + 55.9% + 38.2% + 9.8% - 0.2% - 21.4% --

* 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

All MLS Socastee

+ 30%

+ 50%

+ 25%

+ 40%

b a

+ 30%

+ 20%

+ 20%

+ 15%

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

- 30%

- 10%

- 40%

- 15% - 20% 1-2008

- 50%

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 – August 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 6.1%

+ 26.5%

- 23.3%

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

2011

2012

+/–

2011

2012

+/–

33 25 $188,000 94.3% 233 268

40 26 $161,550 94.4% 152 232

+ 21.2% + 4.0% - 14.1% + 0.1% - 34.5% - 13.4%

378 163 $184,158 94.3% 194 --

364 216 $199,500 95.1% 177

- 3.7% + 32.5% + 8.3% + 0.8% - 8.6% --

August

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 22 17 $62,000 94.1% 174 166

33 9 $55,200 91.0% 115 251

--

Year to Date +/–

2011

- 33.3% + 88.9% + 12.3% + 3.4% + 51.4% - 33.9%

269 111 $62,000 88.0% 186 --

2012 242 140 $68,000 92.6% 174 --

+/– - 10.0% + 26.1% + 9.7% + 5.3% - 6.6% --

* 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 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

- 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.


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