Local Market Reports 2012

Page 1

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

Andrews

0.0%

- 50.0%

+ 56.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 2 $0 54.6% 473 25

4 1 $75,000 75.0% 194 36

0.0% - 50.0% -+ 37.4% - 58.9% + 44.0%

4 2 $0 54.6% 473 --

4 1 $75,000 75.0% 194

0.0% - 50.0% -+ 37.4% - 58.9% --

January

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% 3 0.0

2012 0 0 $0 0.0% 3 3.0

--

Year to Date +/–

2011

----0.0% --

0 0 $0 0.0% ---

2012 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

All MLS Andrews

+ 80%

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

Aynor

+ 150.0%

+ 100.0%

- 11.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 1 $123,000 96.9% 97 27

5 2 $186,500 98.1% 148 24

+ 150.0% + 100.0% + 51.6% + 1.2% + 52.6% - 11.1%

2 1 $123,000 96.9% 97 --

5 2 $186,500 98.1% 148

+ 150.0% + 100.0% + 51.6% + 1.2% + 52.6% --

January

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 0.0

2012 0 0 $0 0.0% 0 0.0

--

Year to Date +/–

2011

-------

0 0 $0 0.0% ---

2012 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

All MLS Aynor

+ 40%

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

Carolina Forest

- 8.2%

- 40.0%

- 16.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

80 35 $142,000 95.9% 200 418

57 21 $140,000 97.0% 152 351

- 28.8% - 40.0% - 1.4% + 1.1% - 24.0% - 16.0%

80 35 $142,000 95.9% 200 --

57 21 $140,000 97.0% 152

- 28.8% - 40.0% - 1.4% + 1.1% - 24.0% --

January

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 32 6 $72,625 95.0% 148 9.8

17 10 $86,245 91.4% 179 15.7

--

Year to Date +/–

2011

+ 88.2% - 40.0% - 15.8% + 3.9% - 17.3% - 37.8%

17 10 $86,245 91.4% ---

2012 32 6 $72,625 95.0% ---

+/– + 88.2% - 40.0% - 15.8% + 3.9% ---

* 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 Carolina Forest

All MLS Carolina Forest

+ 10%

b a

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

Conway

- 16.1%

- 8.5%

- 13.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

126 41 $130,000 92.6% 218 718

100 39 $130,000 96.9% 197 622

- 20.6% - 4.9% 0.0% + 4.6% - 9.3% - 13.4%

126 41 $130,000 92.6% 218 --

100 39 $130,000 96.9% 197

- 20.6% - 4.9% 0.0% + 4.6% - 9.3% --

January

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 4 $61,000 89.4% 69 12.1

11 6 $86,245 87.8% 82 12.1

--

Year to Date +/–

2011

+ 36.4% - 33.3% - 29.3% + 1.8% - 15.9% - 0.4%

11 6 $86,245 87.8% ---

2012 15 4 $61,000 89.4% ---

+/– + 36.4% - 33.3% - 29.3% + 1.8% ---

* 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

All MLS Conway

+ 10%

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

Garden City / Murrells Inlet

+ 89.7%

+ 145.5%

+ 20.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

21 6 $226,950 93.5% 246 185

43 22 $186,000 93.6% 190 220

+ 104.8% + 266.7% - 18.0% + 0.1% - 22.5% + 18.9%

21 6 $226,950 93.5% 246 --

43 22 $186,000 93.6% 190

+ 104.8% + 266.7% - 18.0% + 0.1% - 22.5% --

January

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

8 5 $124,900 85.9% 101 15.9

2012 12 5 $102,000 92.5% 111 21.1

--

Year to Date +/–

2011

+ 50.0% 0.0% - 18.3% + 7.7% + 9.9% + 32.6%

8 5 $124,900 85.9% ---

2012 12 5 $102,000 92.5% ---

+/– + 50.0% 0.0% - 18.3% + 7.7% ---

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

Georgetown

- 17.2%

+ 14.3%

- 16.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

26 5 $121,000 92.4% 181 239

22 7 $118,700 90.8% 330 210

- 15.4% + 40.0% - 1.9% - 1.7% + 82.6% - 12.1%

26 5 $121,000 92.4% 181 --

22 7 $118,700 90.8% 330

- 15.4% + 40.0% - 1.9% - 1.7% + 82.6% --

January

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 2 $567,500 83.2% 50 36.4

2012 2 1 $350,000 73.6% 37 19.7

--

Year to Date +/–

2011

- 33.3% - 50.0% - 38.3% - 11.6% - 26.0% - 45.7%

3 2 $567,500 83.2% ---

2012 2 1 $350,000 73.6% ---

+/– - 33.3% - 50.0% - 38.3% - 11.6% ---

* 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 Georgetown

All MLS Georgetown

b a

+ 1200%

+ 50% + 40%

+ 1000% + 30% + 800% + 20% + 10%

+ 600%

0%

+ 400%

- 10% + 200% - 20% 0% - 30% - 40% 1-2008

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

Little River

+ 13.3%

+ 6.7%

- 14.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

65 21 $195,000 95.3% 161 495

79 29 $147,500 93.4% 174 421

+ 21.5% + 38.1% - 24.4% - 2.0% + 8.2% - 14.9%

65 21 $195,000 95.3% 161 --

79 29 $147,500 93.4% 174

+ 21.5% + 38.1% - 24.4% - 2.0% + 8.2% --

January

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

78 24 $140,000 93.1% 611 19.1

2012 83 19 $115,000 91.1% 587 20.0

--

Year to Date +/–

2011

+ 6.4% - 20.8% - 17.9% - 2.1% - 3.9% + 4.8%

78 24 $140,000 93.1% ---

2012 83 19 $115,000 91.1% ---

+/– + 6.4% - 20.8% - 17.9% - 2.1% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Little River

All MLS Little River

+ 10%

b a

+ 15%

+ 10% + 5% + 5% 0% 0%

- 5%

- 5%

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

- 20% 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 – January 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

- 22.2%

- 62.5%

- 10.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 7 $117,000 95.9% 104 170

27 3 $84,625 96.6% 221 152

- 22.9% - 57.1% - 27.7% + 0.8% + 111.3% - 10.6%

35 7 $117,000 95.9% 104 --

27 3 $84,625 96.6% 221

- 22.9% - 57.1% - 27.7% + 0.8% + 111.3% --

January

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% 7 4.7

1 1 $115,000 100.0% 12 5.6

--

Year to Date +/–

2011

0.0% - 100.0% - 100.0% - 100.0% - 41.7% - 17.4%

1 1 $115,000 100.0% ---

2012 1 0 $0 0.0% ---

+/– 0.0% - 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

All MLS Loris

+ 40%

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

Myrtle Beach

- 2.0%

- 8.0%

- 15.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

71 19 $180,000 96.2% 199 493

71 24 $229,000 94.7% 190 418

0.0% + 26.3% + 27.2% - 1.5% - 4.7% - 15.2%

71 19 $180,000 96.2% 199 --

71 24 $229,000 94.7% 190

0.0% + 26.3% + 27.2% - 1.5% - 4.7% --

January

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 269 79 $77,101 93.3% 1,563 11.8

276 93 $97,500 95.9% 1,834 14.9

--

Year to Date +/–

2011

- 2.5% - 15.1% - 20.9% - 2.7% - 14.8% - 21.0%

276 93 $97,500 95.9% ---

2012 269 79 $77,101 93.3% ---

+/– - 2.5% - 15.1% - 20.9% - 2.7% ---

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

North Myrtle Beach

- 14.2%

- 12.8%

- 7.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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

+/–

37 19 $223,162 92.7% 285 222

34 13 $230,000 95.2% 198 206

- 8.1% - 31.6% + 3.1% + 2.7% - 30.5% - 7.2%

37 19 $223,162 92.7% 285 --

34 13 $230,000 95.2% 198

- 8.1% - 31.6% + 3.1% + 2.7% - 30.5% --

January

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

132 28 $206,500 95.7% 839 16.8

2012 111 28 $145,000 91.5% 844 14.9

--

Year to Date +/–

2011

- 15.9% 0.0% - 29.8% - 4.4% + 0.6% - 11.5%

132 28 $206,500 95.7% ---

2012 111 28 $145,000 91.5% ---

+/– - 15.9% 0.0% - 29.8% - 4.4% ---

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

Pawleys Island / Litchfield

+ 31.8%

+ 5.6%

- 2.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 13 $251,500 91.6% 233 446

71 10 $268,750 90.4% 225 432

+ 26.8% - 23.1% + 6.9% - 1.3% - 3.5% - 3.1%

56 13 $251,500 91.6% 233 --

71 10 $268,750 90.4% 225

+ 26.8% - 23.1% + 6.9% - 1.3% - 3.5% --

January

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

29 5 $115,000 92.9% 335 32.2

2012 41 9 $175,000 90.7% 333 32.5

--

Year to Date +/–

2011

+ 41.4% + 80.0% + 52.2% - 2.4% - 0.6% + 1.0%

29 5 $115,000 92.9% ---

2012 41 9 $175,000 90.7% ---

+/– + 41.4% + 80.0% + 52.2% - 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 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 – January 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

+ 23.8%

- 33.3%

- 12.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 12 $135,000 95.3% 211 195

28 6 $141,035 100.1% 184 170

- 20.0% - 50.0% + 4.5% + 5.1% - 12.7% - 12.8%

35 12 $135,000 95.3% 211 --

28 6 $141,035 100.1% 184

- 20.0% - 50.0% + 4.5% + 5.1% - 12.7% --

January

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 24 4 $77,000 95.2% 66 14.4

7 3 $63,000 93.1% 71 16.7

--

Year to Date +/–

2011

+ 242.9% + 33.3% + 22.2% + 2.3% - 7.0% - 13.8%

7 3 $63,000 93.1% ---

2012 24 4 $77,000 95.2% ---

+/– + 242.9% + 33.3% + 22.2% + 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 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 – January 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 9.6%

+ 47.6%

- 14.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

January

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 12 $242,500 94.6% 180 277

52 20 $268,500 95.4% 182 239

- 7.1% + 66.7% + 10.7% + 0.9% + 1.4% - 13.7%

56 12 $242,500 94.6% 180 --

52 20 $268,500 95.4% 182

- 7.1% + 66.7% + 10.7% + 0.9% + 1.4% --

January

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 33 11 $54,000 89.1% 201 12.4

38 9 $56,000 89.4% 250 18.3

--

Year to Date +/–

2011

- 13.2% + 22.2% - 3.6% - 0.4% - 19.6% - 32.4%

38 9 $56,000 89.4% ---

2012 33 11 $54,000 89.1% ---

+/– - 13.2% + 22.2% - 3.6% - 0.4% ---

* 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 Surfside Beach

All MLS Surfside Beach

+ 5%

b a

+ 10% + 5%

0%

0% - 5%

- 5% - 10% - 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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