June, 2012 Local

Page 1

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

Andrews

- 88.9%

- 100.0%

- 31.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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 1 $95,000 86.4% 111 37

1 0 $0 0.0% 0 26

- 87.5% - 100.0% - 100.0% - 100.0% - 100.0% - 29.7%

35 12 $49,200 86.9% 169 --

20 9 $65,900 90.2% 240

- 42.9% - 25.0% + 33.9% + 3.8% + 42.1% --

June

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 4

2012 0 0 $0 0.0% 0 2

--

Year to Date +/–

2011

- 100.0% ----- 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

- 50.0%

+ 100.0%

- 3.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

Year to Date

2011

2012

+/–

2011

2012

+/–

4 1 $119,900 100.0% 178 30

2 2 $138,250 77.3% 41 29

- 50.0% + 100.0% + 15.3% - 22.7% - 77.0% - 3.3%

23 12 $121,500 94.5% 183 --

33 8 $125,000 91.5% 122

+ 43.5% - 33.3% + 2.9% - 3.2% - 33.2% --

June

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

Carolina Forest

+ 16.2%

- 4.4%

- 15.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

70 49 $160,000 94.8% 148 392

93 51 $150,100 98.0% 166 358

+ 32.9% + 4.1% - 6.2% + 3.4% + 12.1% - 8.7%

457 238 $144,500 96.1% 157 --

504 245 $139,900 97.4% 159

+ 10.3% + 2.9% - 3.2% + 1.4% + 1.3% --

June

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 14 $88,000 94.0% 209 116

29 19 $90,000 94.7% 156 166

--

Year to Date +/–

2011

- 24.1% - 26.3% - 2.2% - 0.8% + 34.1% - 30.1%

160 93 $81,000 94.1% 163 --

2012 144 78 $82,500 94.8% 159 --

+/– - 10.0% - 16.1% + 1.9% + 0.8% - 2.3% --

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

Conway

- 1.0%

+ 5.2%

- 14.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

94 53 $141,400 94.4% 195 705

95 60 $118,500 96.5% 198 599

+ 1.1% + 13.2% - 16.2% + 2.2% + 1.1% - 15.0%

672 300 $125,000 94.2% 180 --

608 307 $120,000 95.5% 192

- 9.5% + 2.3% - 4.0% + 1.4% + 6.8% --

June

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 $65,000 93.0% 353 64

9 5 $85,000 91.8% 117 66

--

Year to Date +/–

2011

- 22.2% - 80.0% - 23.5% + 1.3% + 202.2% - 3.0%

51 41 $60,000 91.1% 154 --

2012 72 32 $60,400 93.5% 160 --

+/– + 41.2% - 22.0% + 0.7% + 2.7% + 3.7% --

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

Garden City / Murrells Inlet

- 40.3%

+ 158.3%

- 6.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

51 8 $297,000 89.1% 335 240

25 22 $286,473 96.6% 178 215

- 51.0% + 175.0% - 3.5% + 8.4% - 47.1% - 10.4%

175 52 $306,080 89.9% 242 --

234 123 $235,250 94.6% 170

+ 33.7% + 136.5% - 23.1% + 5.2% - 29.7% --

June

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 4 $181,350 98.8% 185 116

2012 12 9 $140,000 92.4% 190 119

--

Year to Date +/–

2011

+ 9.1% + 125.0% - 22.8% - 6.5% + 2.4% + 2.6%

87 30 $170,000 90.8% 240 --

2012 92 37 $182,000 93.2% 191 --

+/– + 5.7% + 23.3% + 7.1% + 2.6% - 20.5% --

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

Georgetown

+ 27.3%

+ 7.1%

- 11.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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 11 $95,000 90.6% 134 269

27 14 $43,750 87.4% 177 241

+ 42.1% + 27.3% - 53.9% - 3.5% + 31.7% - 10.4%

169 54 $122,000 90.6% 187 --

155 60 $129,350 90.0% 192

- 8.3% + 11.1% + 6.0% - 0.7% + 2.5% --

June

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

3 3 $275,000 75.7% 496 43

2012 1 1 $349,000 100.0% 880 34

--

Year to Date +/–

2011

- 66.7% - 66.7% + 26.9% + 32.2% + 77.3% - 20.9%

12 7 $475,000 78.1% 525 --

2012 17 11 $172,250 87.0% 337 --

+/– + 41.7% + 57.1% - 63.7% + 11.4% - 35.8% --

* 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

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

Little River

+ 6.0%

+ 30.3%

- 18.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

72 38 $180,000 92.4% 202 535

67 46 $169,760 94.2% 176 424

- 6.9% + 21.1% - 5.7% + 2.0% - 13.2% - 20.7%

475 191 $171,500 93.8% 186 --

458 201 $170,500 93.9% 187

- 3.6% + 5.2% - 0.6% + 0.1% + 1.0% --

June

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

62 28 $123,500 90.9% 146 658

2012 75 40 $120,000 92.1% 217 552

--

Year to Date +/–

2011

+ 21.0% + 42.9% - 2.8% + 1.3% + 49.0% - 16.1%

495 207 $125,000 92.8% 183 --

2012 495 222 $109,500 92.1% 181 --

+/– 0.0% + 7.2% - 12.4% - 0.8% - 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 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

- 25.0%

- 7.7%

- 15.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

Year to Date

2011

2012

+/–

2011

2012

+/–

32 13 $106,000 94.4% 237 188

23 12 $129,000 93.2% 296 157

- 28.1% - 7.7% + 21.7% - 1.3% + 25.2% - 16.5%

188 50 $105,500 93.4% 191 --

155 60 $118,263 93.3% 211

- 17.6% + 20.0% + 12.1% - 0.1% + 10.5% --

June

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 5

2012 1 0 $0 0.0% 0 7

--

Year to Date +/–

2011

-----+ 40.0%

4 1 $115,000 100.0% 279 --

2012 3 0 $0 0.0% 0 --

+/– - 25.0% - 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 24.8%

- 11.2%

- 17.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

74 35 $275,000 93.2% 215 471

73 35 $237,990 97.3% 188 413

- 1.4% 0.0% - 13.5% + 4.4% - 12.7% - 12.3%

428 190 $228,250 92.9% 185 --

461 208 $226,850 94.6% 197

+ 7.7% + 9.5% - 0.6% + 1.8% + 6.2% --

June

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

261 162 $116,250 94.4% 177 1,839

2012 179 140 $109,000 93.8% 169 1,498

--

Year to Date +/–

2011

- 31.4% - 13.6% - 6.2% - 0.6% - 4.8% - 18.5%

1,614 833 $97,750 94.4% 174 --

2012 1,436 763 $96,000 94.0% 175 --

+/– - 11.0% - 8.4% - 1.8% - 0.5% + 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 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 4.8%

+ 2.1%

- 12.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

34 22 $234,000 92.6% 206 211

31 13 $235,000 93.3% 174 215

- 8.8% - 40.9% + 0.4% + 0.7% - 15.6% + 1.9%

215 118 $250,000 93.4% 183 --

226 109 $232,000 93.7% 178

+ 5.1% - 7.6% - 7.2% + 0.3% - 2.7% --

June

Condo Properties

2011

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

91 72 $180,700 93.3% 176 866

2012 88 83 $169,950 94.3% 184 728

--

Year to Date +/–

2011

- 3.3% + 15.3% - 5.9% + 1.0% + 4.7% - 15.9%

756 377 $179,900 94.2% 173 --

2012 661 406 $167,500 94.0% 183 --

+/– - 12.6% + 7.7% - 6.9% - 0.2% + 6.0% --

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

Pawleys Island / Litchfield

+ 18.2%

- 7.3%

- 7.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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 31 $309,500 93.6% 204 466

55 21 $289,900 94.3% 174 423

+ 27.9% - 32.3% - 6.3% + 0.7% - 14.8% - 9.2%

327 120 $286,310 93.2% 205 --

296 112 $307,000 92.5% 208

- 9.5% - 6.7% + 7.2% - 0.8% + 1.6% --

June

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

34 10 $160,750 95.0% 285 357

2012 36 17 $110,000 93.9% 371 338

--

Year to Date +/–

2011

+ 5.9% + 70.0% - 31.6% - 1.2% + 30.2% - 5.3%

191 52 $150,000 92.7% 268 --

2012 202 78 $136,850 92.3% 243 --

+/– + 5.8% + 50.0% - 8.8% - 0.4% - 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 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

- 11.1%

+ 19.0%

- 0.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

Year to Date

2011

2012

+/–

2011

2012

+/–

31 15 $130,000 95.6% 119 175

24 20 $132,450 97.2% 139 157

- 22.6% + 33.3% + 1.9% + 1.7% + 16.9% - 10.3%

193 84 $136,500 95.2% 151 --

187 99 $134,000 97.2% 138

- 3.1% + 17.9% - 1.8% + 2.1% - 8.8% --

June

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 8 5 $41,450 92.9% 307 66

5 6 $36,250 91.7% 142 50

--

Year to Date +/–

2011

+ 60.0% - 16.7% + 14.3% + 1.3% + 115.7% + 32.0%

43 24 $41,200 91.6% 201 --

2012 75 35 $49,000 92.2% 151 --

+/– + 74.4% + 45.8% + 18.9% + 0.7% - 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 – June 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 7.6%

+ 21.3%

- 21.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

46 28 $201,000 95.1% 166 284

50 31 $240,000 94.7% 183 230

+ 8.7% + 10.7% + 19.4% - 0.4% + 10.0% - 19.0%

292 122 $198,000 94.3% 191 --

286 169 $205,500 95.3% 180

- 2.1% + 38.5% + 3.8% + 1.1% - 5.5% --

June

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 23 26 $97,250 92.5% 170 185

33 19 $65,000 88.5% 210 244

--

Year to Date +/–

2011

- 30.3% + 36.8% + 49.6% + 4.5% - 18.9% - 24.2%

201 86 $62,000 89.3% 180 --

2012 189 110 $70,000 92.1% 177 --

+/– - 6.0% + 27.9% + 12.9% + 3.1% - 2.0% --

* 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 Surfside Beach

All MLS Surfside Beach

b a

+ 20%

+ 15%

+ 15% + 10% + 10% + 5%

+ 5%

0% 0%

- 5% - 10%

- 5%

- 15% - 10%

- 20% - 25%

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

1-2009

1-2010

1-2011

1-2012

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

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


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