2012 Local Reports

Page 1

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

Andrews

+ 33.3%

+ 200.0%

+ 53.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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 $28,900 100.0% 31 26

4 3 $56,800 80.8% 137 37

+ 33.3% + 200.0% + 96.5% - 19.2% + 341.9% + 42.3%

7 3 $28,900 69.7% 325 --

8 4 $65,900 79.4% 151

+ 14.3% + 33.3% + 128.0% + 13.8% - 53.5% --

February

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

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

Aynor

+ 20.0%

0.0%

- 10.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

Year to Date

2011

2012

+/–

2011

2012

+/–

5 2 $140,000 89.0% 128 29

6 2 $94,000 94.8% 175 26

+ 20.0% 0.0% - 32.9% + 6.5% + 36.3% - 10.3%

7 3 $123,000 91.6% 118 --

11 4 $121,000 96.4% 161

+ 57.1% + 33.3% - 1.6% + 5.2% + 37.0% --

February

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

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

Carolina Forest

- 9.4%

- 39.5%

- 21.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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 35 $160,880 96.2% 141 424

78 18 $169,900 98.3% 180 338

+ 14.7% - 48.6% + 5.6% + 2.1% + 27.5% - 20.3%

148 70 $155,000 96.1% 171 --

135 40 $143,500 97.6% 162

- 8.8% - 42.9% - 7.4% + 1.6% - 5.2% --

February

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 18 8 $86,500 93.2% 129 8.2

38 8 $57,500 86.9% 183 15.1

--

Year to Date +/–

2011

- 52.6% 0.0% + 50.4% + 7.2% - 29.5% - 45.6%

55 18 $70,000 89.4% ---

2012 50 14 $79,450 94.0% ---

+/– - 9.1% - 22.2% + 13.5% + 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 Carolina Forest

+ 10%

All MLS Carolina Forest

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

Conway

- 37.1%

- 10.0%

- 20.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

143 38 $132,500 95.6% 135 751

85 35 $124,900 95.9% 142 598

- 40.6% - 7.9% - 5.7% + 0.4% + 5.2% - 20.4%

269 80 $130,000 94.0% 179 --

185 76 $126,550 96.6% 169

- 31.2% - 5.0% - 2.7% + 2.7% - 5.9% --

February

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 2 $57,750 90.3% 79 11.3

2012 10 1 $116,500 92.5% 67 11.6

--

Year to Date +/–

2011

+ 25.0% - 50.0% + 101.7% + 2.5% - 15.2% + 2.4%

19 8 $85,000 88.5% ---

2012 25 6 $61,000 91.7% ---

+/– + 31.6% - 25.0% - 28.2% + 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 – February 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 44.4%

+ 21.4%

+ 20.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

17 6 $265,485 87.6% 173 187

33 14 $287,000 93.7% 140 221

+ 94.1% + 133.3% + 8.1% + 7.0% - 18.8% + 18.2%

38 12 $259,000 90.6% 209 --

78 37 $219,500 93.7% 174

+ 105.3% + 208.3% - 15.3% + 3.5% - 17.1% --

February

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

19 8 $200,000 90.8% 102 15.7

2012 19 3 $182,000 91.2% 118 23.2

--

Year to Date +/–

2011

0.0% - 62.5% - 9.0% + 0.5% + 15.7% + 47.9%

27 13 $191,310 88.9% ---

2012 31 8 $156,000 92.1% ---

+/– + 14.8% - 38.5% - 18.5% + 3.6% ---

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

Georgetown

0.0%

- 20.0%

- 15.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

28 10 $116,000 85.3% 232 250

28 8 $175,000 88.2% 202 222

0.0% - 20.0% + 50.9% + 3.4% - 12.9% - 11.2%

54 15 $120,000 87.9% 215 --

50 15 $162,500 89.4% 262

- 7.4% 0.0% + 35.4% + 1.8% + 21.9% --

February

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 0 $0 0.0% 51 35.7

2012 3 0 $0 0.0% 40 20.0

--

Year to Date +/–

2011

0.0% ---- 21.6% - 44.0%

6 2 $567,500 83.2% ---

2012 5 1 $350,000 73.6% ---

+/– - 16.7% - 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 – February 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

+ 3.2%

+ 21.2%

- 16.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

93 24 $202,338 93.8% 195 522

75 34 $180,000 94.6% 192 434

- 19.4% + 41.7% - 11.0% + 0.9% - 1.6% - 16.9%

158 45 $195,000 94.5% 179 --

154 64 $166,750 94.1% 184

- 2.5% + 42.2% - 14.5% - 0.4% + 2.4% --

February

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 85 29 $96,000 92.1% 580 19.0

62 28 $100,000 92.9% 608 18.9

--

Year to Date +/–

2011

+ 37.1% + 3.6% - 4.0% - 0.9% - 4.6% + 0.9%

140 52 $114,000 92.9% ---

2012 169 50 $109,000 91.9% ---

+/– + 20.7% - 3.8% - 4.4% - 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 Little River

+ 10%

All MLS Little River

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

Loris

- 55.0%

- 14.3%

- 24.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

38 7 $81,000 89.8% 121 184

18 6 $143,450 94.5% 189 138

- 52.6% - 14.3% + 77.1% + 5.2% + 56.3% - 25.0%

73 14 $111,000 92.9% 113 --

46 9 $120,950 95.0% 199

- 37.0% - 35.7% + 9.0% + 2.4% + 77.1% --

February

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% 9 5.3

2012 0 0 $0 0.0% 7 4.7

--

Year to Date +/–

2011

- 100.0% ---- 22.2% - 11.1%

3 1 $115,000 100.0% ---

2012 1 0 $0 0.0% ---

+/– - 66.7% - 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 – February 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 11.1%

+ 3.1%

- 14.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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 23 $205,000 92.1% 185 486

63 26 $222,830 95.2% 245 416

- 14.9% + 13.0% + 8.7% + 3.4% + 32.0% - 14.4%

146 42 $204,990 93.9% 192 --

134 51 $227,990 94.9% 215

- 8.2% + 21.4% + 11.2% + 1.1% + 12.5% --

February

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 240 106 $92,250 94.1% 1,555 11.6

267 105 $88,350 94.5% 1,850 14.7

--

Year to Date +/–

2011

- 10.1% + 1.0% + 4.4% - 0.5% - 15.9% - 21.2%

543 198 $90,000 95.2% ---

2012 512 188 $89,250 93.7% ---

+/– - 5.7% - 5.1% - 0.8% - 1.5% ---

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

North Myrtle Beach

+ 5.2%

+ 20.3%

- 2.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

29 16 $254,900 93.8% 152 215

32 20 $232,000 91.0% 147 210

+ 10.3% + 25.0% - 9.0% - 2.9% - 3.5% - 2.3%

66 35 $241,684 93.2% 222 --

66 36 $235,000 93.0% 164

0.0% + 2.9% - 2.8% - 0.2% - 26.0% --

February

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

106 43 $152,650 94.8% 844 16.3

2012 110 51 $177,750 93.6% 855 15.2

--

Year to Date +/–

2011

+ 3.8% + 18.6% + 16.4% - 1.2% + 1.3% - 7.1%

238 71 $187,250 95.2% ---

2012 224 84 $165,000 92.9% ---

+/– - 5.9% + 18.3% - 11.9% - 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 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 – February 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

- 31.3%

+ 25.0%

- 5.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

62 7 $274,000 92.0% 166 450

38 12 $329,500 93.0% 229 427

- 38.7% + 71.4% + 20.3% + 1.1% + 37.8% - 5.1%

118 20 $260,500 91.7% 210 --

111 23 $280,000 92.0% 220

- 5.9% + 15.0% + 7.5% + 0.4% + 4.7% --

February

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 9 $143,500 92.1% 344 32.8

2012 28 8 $226,250 90.0% 336 31.3

--

Year to Date +/–

2011

- 17.6% - 11.1% + 57.7% - 2.2% - 2.3% - 4.6%

63 14 $130,250 92.4% ---

2012 69 18 $186,500 91.3% ---

+/– + 9.5% + 28.6% + 43.2% - 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 – February 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

+ 27.0%

+ 5.9%

- 8.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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 $150,000 96.6% 151 181

36 11 $122,000 97.1% 155 164

+ 16.1% - 26.7% - 18.7% + 0.5% + 2.6% - 9.4%

66 27 $136,500 96.0% 178 --

64 18 $136,600 97.9% 166

- 3.0% - 33.3% + 0.1% + 1.9% - 6.6% --

February

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 11 7 $37,950 97.3% 69 14.8

6 2 $36,500 86.0% 64 14.5

--

Year to Date +/–

2011

+ 83.3% + 250.0% + 4.0% + 13.1% + 7.8% + 2.0%

13 5 $45,000 90.2% ---

2012 35 11 $37,950 96.5% ---

+/– + 169.2% + 120.0% - 15.7% + 6.9% ---

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

Surfside Beach

+ 6.6%

+ 76.0%

- 14.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

February

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

+/–

44 10 $166,500 94.9% 174 279

47 26 $200,000 94.8% 217 243

+ 6.8% + 160.0% + 20.1% - 0.2% + 25.2% - 12.9%

100 22 $205,000 94.7% 177 --

99 47 $247,500 95.2% 202

- 1.0% + 113.6% + 20.7% + 0.4% + 14.2% --

February

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 34 18 $55,000 89.8% 198 11.4

32 15 $67,000 91.8% 251 18.7

--

Year to Date +/–

2011

+ 6.3% + 20.0% - 17.9% - 2.1% - 21.1% - 39.2%

70 24 $59,450 90.9% ---

2012 67 31 $53,500 89.9% ---

+/– - 4.3% + 29.2% - 10.0% - 1.1% ---

* 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 Surfside Beach

+ 10%

All MLS Surfside Beach

b a

+ 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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