December 2012 Local Reports

Page 1

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

Andrews

- 25.0%

- 50.0%

- 43.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

3 2 $58,000 96.8% 44 36

3 1 $147,000 98.1% 564 21

0.0% - 50.0% + 153.4% + 1.3% + 1181.8% - 41.7%

57 23 $51,200 89.3% 141 --

41 24 $62,000 89.9% 231

- 28.1% + 4.3% + 21.1% + 0.7% + 63.8% --

December

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% 0 3

2012 0 0 $0 0.0% 0 1

--

Year to Date +/–

2011

- 100.0% ----- 66.7%

2 1 $232,000 93.2% 140 --

2012 1 0 $0 0.0% 0 --

+/– - 50.0% - 100.0% - 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 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 – December 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

+ 33.3%

+ 50.0%

+ 52.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

3 2 $102,000 93.3% 294 21

4 3 $89,000 93.5% 183 32

+ 33.3% + 50.0% - 12.7% + 0.2% - 37.8% + 52.4%

46 30 $119,900 92.7% 221 --

73 23 $123,000 91.8% 118

+ 58.7% - 23.3% + 2.6% - 1.0% - 46.8% --

December

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

Carolina Forest

+ 1.5%

+ 110.3%

- 17.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

50 24 $146,000 96.6% 123 377

56 58 $163,533 95.6% 165 314

+ 12.0% + 141.7% + 12.0% - 1.0% + 34.3% - 16.7%

867 478 $146,000 95.8% 154 --

948 576 $148,000 97.0% 151

+ 9.3% + 20.5% + 1.4% + 1.2% - 2.0% --

December

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 3 $82,500 98.0% 323 116

18 5 $85,300 97.0% 261 144

--

Year to Date +/–

2011

- 27.8% - 40.0% - 3.3% + 1.1% + 23.6% - 19.4%

277 171 $85,000 95.0% 186 --

2012 293 174 $80,000 95.1% 157 --

+/– + 5.8% + 1.8% - 5.9% + 0.0% - 15.8% --

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

Conway

- 12.1%

+ 81.4%

- 15.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

87 43 $105,000 95.5% 176 652

81 70 $124,900 95.0% 144 570

- 6.9% + 62.8% + 19.0% - 0.5% - 18.1% - 12.6%

1,233 589 $125,000 94.1% 178 --

1,220 664 $120,000 95.0% 176

- 1.1% + 12.7% - 4.0% + 1.0% - 1.2% --

December

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

12 0 $0 0.0% 0 75

2012 6 8 $47,500 85.9% 181 48

--

Year to Date +/–

2011

- 50.0% ----- 36.0%

101 58 $60,000 92.3% 165 --

2012 126 84 $60,000 91.4% 171 --

+/– + 24.8% + 44.8% 0.0% - 0.9% + 4.0% --

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

Garden City / Murrells Inlet

+ 18.2%

+ 20.0%

- 3.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

22 18 $246,000 95.7% 133 228

26 25 $304,400 98.2% 199 222

+ 18.2% + 38.9% + 23.7% + 2.6% + 49.7% - 2.6%

351 135 $258,000 92.3% 202 --

471 273 $235,000 95.7% 183

+ 34.2% + 102.2% - 8.9% + 3.6% - 9.5% --

December

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

11 7 $115,000 92.1% 69 114

2012 13 5 $120,000 88.0% 188 107

--

Year to Date +/–

2011

+ 18.2% - 28.6% + 4.3% - 4.5% + 173.0% - 6.1%

154 66 $156,250 91.6% 242 --

2012 156 70 $185,000 92.3% 212 --

+/– + 1.3% + 6.1% + 18.4% + 0.8% - 12.4% --

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

Georgetown

+ 41.7%

+ 23.1%

+ 8.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

10 13 $155,000 88.6% 312 223

15 13 $89,000 94.5% 254 251

+ 50.0% 0.0% - 42.6% + 6.7% - 18.6% + 12.6%

266 113 $125,000 90.3% 224 --

301 111 $123,000 91.7% 206

+ 13.2% - 1.8% - 1.6% + 1.5% - 8.1% --

December

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 37

2012 2 3 $309,500 92.4% 243 30

--

Year to Date +/–

2011

0.0% ----- 18.9%

22 16 $275,000 80.6% 482 --

2012 28 19 $109,000 88.4% 278 --

+/– + 27.3% + 18.8% - 60.4% + 9.7% - 42.4% --

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

Little River

+ 20.7%

+ 10.2%

- 13.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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 36 $195,750 93.6% 206 428

56 30 $172,450 94.8% 232 411

+ 60.0% - 16.7% - 11.9% + 1.2% + 12.9% - 4.0%

812 394 $180,000 93.4% 198 --

891 443 $170,500 93.8% 179

+ 9.7% + 12.4% - 5.3% + 0.5% - 9.8% --

December

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

57 23 $108,000 94.4% 200 583

2012 55 35 $110,000 91.9% 256 469

--

Year to Date +/–

2011

- 3.5% + 52.2% + 1.9% - 2.6% + 28.2% - 19.6%

894 368 $121,000 92.6% 185 --

2012 881 472 $108,900 92.2% 183 --

+/– - 1.5% + 28.3% - 10.0% - 0.4% - 0.9% --

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

Loris

+ 40.0%

0.0%

- 12.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

15 8 $80,500 95.7% 194 156

20 8 $96,750 96.7% 130 134

+ 33.3% 0.0% + 20.2% + 1.0% - 33.3% - 14.1%

308 113 $99,900 92.8% 175 --

285 120 $111,200 93.1% 190

- 7.5% + 6.2% + 11.3% + 0.3% + 8.4% --

December

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 1 1 $60,000 92.4% 183 8

0 1 $65,000 108.5% 38 6

--

Year to Date +/–

2011

-0.0% - 7.7% - 14.8% + 381.6% + 33.3%

11 5 $115,000 99.9% 111 --

2012 10 2 $195,000 92.2% 351 --

+/– - 9.1% - 60.0% + 69.6% - 7.7% + 216.8% --

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

Myrtle Beach

- 19.9%

- 5.8%

- 20.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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 43 $237,692 93.0% 173 423

44 38 $277,326 91.7% 200 351

+ 46.7% - 11.6% + 16.7% - 1.5% + 15.4% - 17.0%

785 414 $235,000 92.8% 190 --

858 471 $230,495 94.2% 176

+ 9.3% + 13.8% - 1.9% + 1.4% - 7.3% --

December

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

176 111 $89,500 94.1% 167 1,628

2012 121 107 $100,000 94.6% 180 1,280

--

Year to Date +/–

2011

- 31.3% - 3.6% + 11.7% + 0.5% + 7.8% - 21.4%

2,817 1,546 $95,500 94.1% 174 --

2012 2,497 1,529 $95,000 94.0% 174 --

+/– - 11.4% - 1.1% - 0.5% - 0.1% - 0.1% --

* 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

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

North Myrtle Beach

- 39.8%

+ 12.5%

- 25.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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 13 $240,000 92.8% 200 208

24 13 $295,000 93.3% 192 186

- 4.0% 0.0% + 22.9% + 0.6% - 4.4% - 10.6%

404 203 $239,000 93.8% 176 --

410 246 $231,000 94.1% 163

+ 1.5% + 21.2% - 3.3% + 0.3% - 7.6% --

December

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

88 51 $180,250 92.1% 164 872

2012 44 59 $182,900 96.2% 216 618

--

Year to Date +/–

2011

- 50.0% + 15.7% + 1.5% + 4.5% + 32.2% - 29.1%

1,396 661 $179,989 93.8% 177 --

2012 1,148 777 $168,500 94.6% 184 --

+/– - 17.8% + 17.5% - 6.4% + 0.8% + 4.2% --

* 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

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

Pawleys Island / Litchfield

+ 10.0%

- 28.6%

- 4.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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 16 $302,500 92.4% 145 419

37 12 $299,500 90.8% 244 414

+ 5.7% - 25.0% - 1.0% - 1.7% + 68.1% - 1.2%

535 222 $292,000 93.0% 218 --

563 252 $296,500 93.4% 206

+ 5.2% + 13.5% + 1.5% + 0.5% - 5.2% --

December

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

15 12 $117,000 89.0% 190 345

2012 18 8 $190,000 91.2% 301 316

--

Year to Date +/–

2011

+ 20.0% - 33.3% + 62.4% + 2.5% + 58.9% - 8.4%

338 105 $152,500 90.7% 241 --

2012 355 152 $138,350 91.9% 238 --

+/– + 5.0% + 44.8% - 9.3% + 1.3% - 1.2% --

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

Socastee

+ 53.8%

+ 31.6%

- 17.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

8 16 $138,575 96.2% 111 172

13 24 $122,000 96.3% 122 137

+ 62.5% + 50.0% - 12.0% + 0.1% + 10.5% - 20.3%

369 177 $135,000 96.0% 149 --

377 208 $132,450 96.5% 142

+ 2.2% + 17.5% - 1.9% + 0.5% - 4.2% --

December

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 7 1 $29,300 84.0% 64 50

5 3 $21,550 90.5% 57 55

--

Year to Date +/–

2011

+ 40.0% - 66.7% + 36.0% - 7.2% + 11.6% - 9.1%

97 45 $40,000 90.9% 187 --

2012 116 68 $45,265 92.2% 153 --

+/– + 19.6% + 51.1% + 13.2% + 1.4% - 18.3% --

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

Surfside Beach

- 27.0%

+ 17.6%

- 26.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

December

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

+/–

36 14 $183,000 95.3% 207 252

25 28 $216,613 97.1% 185 200

- 30.6% + 100.0% + 18.4% + 1.9% - 10.6% - 20.6%

531 250 $189,307 94.4% 200 --

504 329 $193,618 95.5% 178

- 5.1% + 31.6% + 2.3% + 1.1% - 11.2% --

December

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 21 12 $67,450 95.4% 201 155

27 20 $71,000 88.4% 238 229

--

Year to Date +/–

2011

- 22.2% - 40.0% - 5.0% + 8.0% - 15.6% - 32.3%

395 179 $64,100 89.0% 181 --

2012 346 215 $66,000 92.8% 170 --

+/– - 12.4% + 20.1% + 3.0% + 4.3% - 6.2% --

* 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 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.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.