July, 2012 Local

Page 1

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

Andrews

+ 33.3%

+ 100.0%

- 39.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 1 $29,000 100.0% 63 37

4 2 $37,600 93.1% 90 23

+ 33.3% + 100.0% + 29.7% - 6.9% + 42.1% - 37.8%

38 13 $48,500 87.9% 161 --

25 11 $51,900 90.7% 213

- 34.2% - 15.4% + 7.0% + 3.2% + 32.2% --

July

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 0 0 $0 0.0% 0 2

--

Year to Date +/–

2011

------ 50.0%

1 0 $0 0.0% 0 --

2012 0 0 $0 0.0% 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 – July 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

- 33.3%

- 75.0%

+ 4.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

6 4 $138,750 87.9% 238 25

4 1 $65,000 107.4% 158 26

- 33.3% - 75.0% - 53.2% + 22.2% - 33.6% + 4.0%

29 16 $121,500 92.9% 197 --

37 9 $123,000 93.3% 126

+ 27.6% - 43.8% + 1.2% + 0.5% - 35.8% --

July

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

Carolina Forest

+ 25.6%

+ 31.7%

- 14.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

68 50 $148,710 94.5% 173 391

64 62 $136,000 96.3% 140 333

- 5.9% + 24.0% - 8.5% + 1.9% - 19.3% - 14.8%

525 288 $145,000 95.8% 160 --

568 311 $138,000 97.1% 155

+ 8.2% + 8.0% - 4.8% + 1.4% - 3.0% --

July

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 39 21 $76,000 95.7% 122 126

14 13 $82,000 93.5% 140 146

--

Year to Date +/–

2011

+ 178.6% + 61.5% - 7.3% + 2.3% - 13.0% - 13.7%

174 106 $82,000 94.0% 160 --

2012 185 99 $81,000 95.0% 151 --

+/– + 6.3% - 6.6% - 1.2% + 1.1% - 5.5% --

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

Conway

+ 32.6%

+ 28.0%

- 10.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

90 46 $117,500 94.1% 208 690

109 56 $115,950 93.7% 177 607

+ 21.1% + 21.7% - 1.3% - 0.5% - 15.1% - 12.0%

762 346 $125,000 94.2% 184 --

718 367 $119,450 95.3% 190

- 5.8% + 6.1% - 4.4% + 1.2% + 3.4% --

July

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 17 8 $80,000 93.1% 109 68

5 4 $46,500 90.2% 130 60

--

Year to Date +/–

2011

+ 240.0% + 100.0% + 72.0% + 3.2% - 15.7% + 13.3%

56 45 $57,000 91.0% 152 --

2012 89 40 $62,650 93.4% 150 --

+/– + 58.9% - 11.1% + 9.9% + 2.6% - 1.4% --

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

Garden City / Murrells Inlet

+ 38.6%

+ 42.1%

- 2.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 9 $335,000 91.1% 243 239

49 24 $245,583 97.9% 167 231

+ 63.3% + 166.7% - 26.7% + 7.4% - 31.3% - 3.3%

205 61 $310,540 90.1% 242 --

284 151 $235,250 95.3% 168

+ 38.5% + 147.5% - 24.2% + 5.8% - 30.5% --

July

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

14 10 $160,000 89.1% 393 121

2012 12 3 $129,900 90.7% 247 120

--

Year to Date +/–

2011

- 14.3% - 70.0% - 18.8% + 1.9% - 37.2% - 0.8%

101 40 $163,400 90.3% 279 --

2012 104 41 $182,000 93.0% 198 --

+/– + 3.0% + 2.5% + 11.4% + 2.9% - 28.9% --

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

Georgetown

+ 35.0%

- 22.2%

- 8.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

20 6 $121,000 84.2% 262 256

27 5 $142,500 94.5% 155 239

+ 35.0% - 16.7% + 17.8% + 12.2% - 40.6% - 6.6%

189 60 $121,500 90.0% 195 --

183 65 $132,500 90.3% 189

- 3.2% + 8.3% + 9.1% + 0.4% - 3.0% --

July

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 3 $155,000 72.1% 515 39

2012 0 2 $109,000 86.3% 159 32

--

Year to Date +/–

2011

-- 33.3% - 29.7% + 19.7% - 69.2% - 17.9%

12 10 $312,500 76.3% 522 --

2012 19 13 $109,000 86.9% 308 --

+/– + 58.3% + 30.0% - 65.1% + 13.9% - 41.1% --

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

Little River

+ 10.0%

+ 22.1%

- 18.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

56 35 $235,000 94.4% 207 520

58 32 $151,876 92.7% 139 419

+ 3.6% - 8.6% - 35.4% - 1.8% - 33.0% - 19.4%

531 226 $180,000 93.9% 189 --

518 235 $170,000 93.8% 180

- 2.4% + 4.0% - 5.6% - 0.1% - 4.8% --

July

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

64 33 $117,500 92.0% 195 638

2012 74 51 $101,000 92.6% 181 521

--

Year to Date +/–

2011

+ 15.6% + 54.5% - 14.0% + 0.6% - 7.2% - 18.3%

559 240 $124,500 92.7% 185 --

2012 569 275 $108,450 92.1% 180 --

+/– + 1.8% + 14.6% - 12.9% - 0.6% - 2.9% --

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

Loris

+ 30.0%

0.0%

- 15.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

20 11 $109,500 92.1% 177 188

25 12 $99,000 85.3% 205 156

+ 25.0% + 9.1% - 9.6% - 7.4% + 16.2% - 17.0%

208 61 $106,000 93.2% 188 --

180 73 $116,050 91.9% 210

- 13.5% + 19.7% + 9.5% - 1.3% + 11.5% --

July

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 0 $0 0.0% 0 7

0 1 $395,000 88.8% 95 4

--

Year to Date +/–

2011

-- 100.0% - 100.0% - 100.0% - 100.0% + 75.0%

4 2 $255,000 94.4% 187 --

2012 4 0 $0 0.0% 0 --

+/– 0.0% - 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 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 – July 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 21.2%

+ 12.8%

- 19.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 27 $256,945 91.6% 191 480

51 56 $230,682 93.3% 168 378

- 32.0% + 107.4% - 10.2% + 1.8% - 12.0% - 21.3%

504 217 $232,500 92.7% 186 --

514 267 $227,175 94.3% 191

+ 2.0% + 23.0% - 2.3% + 1.7% + 2.4% --

July

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 183 111 $88,500 94.1% 165 1,470

222 121 $100,000 93.2% 157 1,824

--

Year to Date +/–

2011

- 17.6% - 8.3% - 11.5% + 0.9% + 4.9% - 19.4%

1,836 954 $98,900 94.3% 172 --

2012 1,622 887 $95,000 94.0% 173 --

+/– - 11.7% - 7.0% - 3.9% - 0.3% + 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 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 – July 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 24.4%

+ 52.8%

- 14.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 $245,500 95.0% 115 216

29 25 $210,000 96.3% 133 208

- 19.4% + 78.6% - 14.5% + 1.3% + 15.2% - 3.7%

251 131 $250,000 93.6% 174 --

255 134 $231,000 94.2% 170

+ 1.6% + 2.3% - 7.6% + 0.6% - 2.7% --

July

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

128 39 $180,000 93.9% 195 877

2012 95 56 $177,250 96.0% 192 731

--

Year to Date +/–

2011

- 25.8% + 43.6% - 1.5% + 2.3% - 1.6% - 16.6%

884 416 $179,900 94.1% 175 --

2012 759 469 $167,500 94.2% 184 --

+/– - 14.1% + 12.7% - 6.9% + 0.1% + 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 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 – July 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

- 11.5%

+ 133.3%

- 10.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 12 $301,000 94.9% 269 458

39 31 $322,000 94.2% 211 406

+ 8.3% + 158.3% + 7.0% - 0.7% - 21.7% - 11.4%

363 132 $288,000 93.4% 211 --

335 147 $303,500 93.2% 211

- 7.7% + 11.4% + 5.4% - 0.3% - 0.0% --

July

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 15 11 $97,250 93.1% 210 330

25 6 $171,500 89.9% 147 360

--

Year to Date +/–

2011

- 40.0% + 83.3% - 43.3% + 3.6% + 42.6% - 8.3%

216 58 $150,000 92.4% 256 --

2012 219 90 $132,000 92.4% 236 --

+/– + 1.4% + 55.2% - 12.0% + 0.0% - 7.6% --

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

Socastee

+ 110.0%

+ 15.4%

+ 8.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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 10 $139,600 99.1% 133 171

58 8 $145,240 96.6% 270 177

+ 163.6% - 20.0% + 4.0% - 2.5% + 103.6% + 3.5%

214 94 $136,700 95.6% 149 --

248 108 $135,000 97.2% 148

+ 15.9% + 14.9% - 1.2% + 1.7% - 1.1% --

July

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 5 7 $29,575 89.5% 157 61

8 3 $35,000 86.1% 184 49

--

Year to Date +/–

2011

- 37.5% + 133.3% - 15.5% + 3.8% - 14.8% + 24.5%

51 27 $39,900 91.0% 199 --

2012 80 44 $45,000 92.3% 150 --

+/– + 56.9% + 63.0% + 12.8% + 1.4% - 24.9% --

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

Surfside Beach

- 25.0%

- 3.1%

- 24.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

July

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

+/–

53 16 $152,000 94.4% 158 283

37 20 $233,550 94.5% 173 229

- 30.2% + 25.0% + 53.7% + 0.1% + 9.8% - 19.1%

345 138 $184,158 94.3% 187 --

323 189 $210,000 95.2% 180

- 6.4% + 37.0% + 14.0% + 1.0% - 4.0% --

July

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 29 11 $57,000 97.2% 142 174

35 16 $57,000 79.2% 252 253

--

Year to Date +/–

2011

- 17.1% - 31.3% 0.0% + 22.7% - 43.6% - 31.2%

236 102 $62,000 87.7% 192 --

2012 218 121 $68,000 92.5% 174 --

+/– - 7.6% + 18.6% + 9.7% + 5.5% - 9.6% --

* 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

All MLS Surfside Beach

+ 15%

+ 30%

+ 10%

+ 20%

+ 5%

+ 10%

0%

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

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.


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.