March, 2013 Local Reports

Page 1

Local Market Update – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

+ 100.0%

+ 100.0%

- 31.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

3 1 $47,000 107.1% 114 36

6 2 $61,500 96.8% 88 26

+ 100.0% + 100.0% + 30.9% - 9.5% - 22.8% - 27.8%

10 5 $56,800 84.9% 144 --

15 4 $64,500 85.9% 100

+ 50.0% - 20.0% + 13.6% + 1.2% - 30.3% --

March

Condo Properties

2012

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 2

2013 0 0 $0 0.0% 0 0

--

Year to Date +/–

2012

------ 100.0%

0 0 $0 0.0% 0 --

2013 0 2 $200,000 84.2% 177 --

+/– -------

* 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

b

All MLS Andrews

a

+ 5%

+ 80%

+ 60%

0%

+ 40% - 5% + 20% - 10% 0% - 15% - 20%

- 20%

- 40%

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

+ 150.0%

--

+ 33.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Year to Date

Single-Family Properties

2012

2013

+/–

2012

2013

+/–

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

4 0 $0 0.0% 0 27

10 3 $77,450 83.4% 133 36

+ 150.0% ----+ 33.3%

15 4 $121,000 96.4% 161 --

22 7 $97,000 90.8% 160

+ 46.7% + 75.0% - 19.8% - 5.8% - 0.8% --

March

Condo Properties

2012

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

2013 0 0 $0 0.0% 0 0

--

Year to Date +/–

2012

-------

0 0 $0 0.0% 0 --

2013 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%

b

All MLS Aynor

a

+ 5%

+ 30% 0% + 20% - 5% + 10%

0%

- 10%

- 10% - 15% - 20% - 20% - 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

- 21.6%

- 4.3%

- 21.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

99 50 $130,000 95.2% 174 373

84 52 $173,995 97.7% 146 298

- 15.2% + 4.0% + 33.8% + 2.6% - 16.2% - 20.1%

237 96 $135,450 96.5% 167 --

256 140 $166,193 96.7% 157

+ 8.0% + 45.8% + 22.7% + 0.2% - 5.8% --

March

Condo Properties

2012

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

2013 25 15 $78,000 98.0% 217 128

40 20 $68,000 95.7% 204 167

--

Year to Date +/–

2012

- 37.5% - 25.0% + 14.7% + 2.4% + 6.3% - 23.4%

92 34 $78,000 95.0% 157 --

2013 73 33 $84,500 96.6% 187 --

+/– - 20.7% - 2.9% + 8.3% + 1.7% + 18.9% --

* 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

b

All MLS Carolina Forest

a

+ 15%

+ 15%

+ 10%

+ 10%

+ 5% + 5% 0% 0%

- 5% - 10%

- 5%

- 15%

- 10%

- 20% - 15% - 25% - 20%

- 25% 1-2008

- 30%

1-2009

1-2010

1-2011

1-2012

1-2013

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

+ 22.8%

- 1.5%

- 1.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

107 53 $123,250 93.3% 179 626

149 64 $126,838 96.6% 133 635

+ 39.3% + 20.8% + 2.9% + 3.5% - 25.8% + 1.4%

295 130 $125,000 95.2% 173 --

426 153 $125,500 96.0% 158

+ 44.4% + 17.7% + 0.4% + 0.8% - 8.7% --

March

Condo Properties

2012

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

2013 7 0 $0 0.0% 0 57

20 12 $66,700 94.5% 195 77

--

Year to Date +/–

2012

- 65.0% - 100.0% - 100.0% - 100.0% - 100.0% - 26.0%

46 18 $64,250 93.5% 173 --

2013 23 5 $61,000 94.9% 161 --

+/– - 50.0% - 72.2% - 5.1% + 1.5% - 7.0% --

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

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

Condo Properties All MLS Conway

+ 10%

b

All MLS Conway

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

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 25.5%

+ 10.0%

- 3.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

37 24 $246,302 93.2% 172 240

53 21 $216,275 95.5% 163 243

+ 43.2% - 12.5% - 12.2% + 2.5% - 5.2% + 1.3%

119 61 $224,938 93.5% 173 --

156 58 $230,000 94.4% 190

+ 31.1% - 4.9% + 2.3% + 1.0% + 10.0% --

March

Condo Properties

2012

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

18 6 $184,500 91.8% 258 117

2013 16 12 $117,000 93.6% 212 101

--

Year to Date +/–

2012

- 11.1% + 100.0% - 36.6% + 1.9% - 17.8% - 13.7%

50 14 $169,500 91.9% 202 --

2013 47 24 $137,500 95.2% 185 --

+/– - 6.0% + 71.4% - 18.9% + 3.5% - 8.3% --

* 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 Garden City / Murrells Inlet

b

All MLS Garden City / Murrells Inlet

+ 100%

a

+ 60% + 50%

+ 80% + 40% + 60% + 30% + 40%

+ 20%

+ 20%

+ 10% 0%

0% - 10% - 20% - 20% - 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

0.0%

- 16.7%

+ 2.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

28 12 $154,450 94.0% 169 241

27 10 $111,750 93.5% 236 247

- 3.6% - 16.7% - 27.6% - 0.6% + 39.9% + 2.5%

77 28 $153,900 91.8% 218 --

73 33 $130,465 90.4% 197

- 5.2% + 17.9% - 15.2% - 1.6% - 9.8% --

March

Condo Properties

2012

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% 0 34

2013 4 0 $0 0.0% 0 36

--

Year to Date +/–

2012

+ 33.3% ----+ 5.9%

8 1 $350,000 73.6% 785 --

2013 11 1 $200,000 100.0% 338 --

+/– + 37.5% 0.0% - 42.9% + 35.9% - 56.9% --

* 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 Georgetown

+ 80%

b

All MLS Georgetown

a

+ 1200%

+ 1000%

+ 60%

+ 800% + 40% + 600% + 20% + 400% 0% + 200%

- 20%

- 40% 1-2008

0%

1-2009

1-2010

1-2011

1-2012

1-2013

- 200% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

+ 24.3%

+ 2.4%

- 6.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

79 35 $181,990 94.0% 211 451

92 45 $163,900 96.0% 174 443

+ 16.5% + 28.6% - 9.9% + 2.1% - 17.4% - 1.8%

235 100 $170,250 94.0% 192 --

266 107 $168,353 94.8% 160

+ 13.2% + 7.0% - 1.1% + 0.9% - 16.3% --

March

Condo Properties

2012

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

2013 97 40 $89,950 90.1% 151 528

73 48 $104,450 90.9% 181 584

--

Year to Date +/–

2012

+ 32.9% - 16.7% - 13.9% - 0.9% - 16.6% - 9.6%

247 100 $109,000 91.4% 182 --

2013 287 108 $90,500 92.2% 184 --

+/– + 16.2% + 8.0% - 17.0% + 0.9% + 0.7% --

* 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 Little River

b

All MLS Little River

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

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

- 2.7%

- 37.5%

- 5.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

37 16 $120,000 93.2% 216 157

34 9 $86,326 99.0% 135 151

- 8.1% - 43.8% - 28.1% + 6.2% - 37.6% - 3.8%

83 25 $120,950 93.8% 210 --

85 33 $69,900 92.1% 170

+ 2.4% + 32.0% - 42.2% - 1.9% - 19.2% --

March

Condo Properties

2012

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 6

2013 2 1 $77,000 90.7% 68 3

--

Year to Date +/–

2012

------ 50.0%

1 0 $0 0.0% 0 --

2013 3 3 $77,000 91.6% 152 --

+/– + 200.0% ------

* 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%

b

All MLS Loris

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

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 3.5%

- 1.7%

- 16.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

93 36 $217,490 94.1% 157 442

99 36 $266,694 95.4% 241 415

+ 6.5% 0.0% + 22.6% + 1.4% + 53.3% - 6.1%

232 93 $220,915 94.6% 187 --

278 119 $237,114 95.6% 189

+ 19.8% + 28.0% + 7.3% + 1.0% + 1.4% --

March

Condo Properties

2012

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

2013 228 135 $91,500 94.1% 186 1,336

246 138 $89,500 93.3% 160 1,654

--

Year to Date +/–

2012

- 7.3% - 2.2% + 2.2% + 0.8% + 16.5% - 19.2%

767 334 $89,000 93.6% 178 --

2013 741 394 $94,450 93.8% 177 --

+/– - 3.4% + 18.0% + 6.1% + 0.2% - 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 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

1-2013

b

All MLS Myrtle Beach

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

a

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 19.5%

- 32.9%

- 22.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

41 13 $269,103 94.6% 158 206

39 13 $248,700 96.2% 190 197

- 4.9% 0.0% - 7.6% + 1.6% + 20.5% - 4.4%

106 49 $240,755 93.6% 163 --

116 37 $245,000 94.3% 143

+ 9.4% - 24.5% + 1.8% + 0.8% - 12.2% --

March

Condo Properties

2012

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

133 69 $160,000 93.5% 157 877

2013 101 42 $202,500 95.2% 232 645

--

Year to Date +/–

2012

- 24.1% - 39.1% + 26.6% + 1.7% + 48.0% - 26.5%

366 153 $165,000 93.2% 196 --

2013 322 150 $186,181 95.6% 230 --

+/– - 12.0% - 2.0% + 12.8% + 2.6% + 17.4% --

* 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

+ 20%

+ 15%

+ 15%

+ 10%

+ 10%

b

All MLS North Myrtle Beach

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

1-2013

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

+ 3.6%

+ 2.5%

- 6.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

52 27 $298,000 92.4% 221 439

59 22 $365,000 90.7% 283 415

+ 13.5% - 18.5% + 22.5% - 1.8% + 28.2% - 5.5%

164 51 $293,800 92.4% 218 --

160 56 $322,500 92.5% 208

- 2.4% + 9.8% + 9.8% + 0.2% - 4.3% --

March

Condo Properties

2012

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

32 13 $140,000 90.1% 190 348

2013 28 19 $120,250 94.2% 225 325

--

Year to Date +/–

2012

- 12.5% + 46.2% - 14.1% + 4.5% + 18.4% - 6.6%

101 31 $151,500 90.8% 161 --

2013 109 40 $129,000 90.6% 188 --

+/– + 7.9% + 29.0% - 14.9% - 0.2% + 16.2% --

* 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

+ 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

1-2013

b

All MLS Pawleys Island / Litchfield

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

a

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

+ 10.0%

- 15.4%

- 16.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

29 20 $129,000 96.2% 152 175

30 16 $134,300 95.6% 181 150

+ 3.4% - 20.0% + 4.1% - 0.6% + 19.1% - 14.3%

98 38 $131,500 97.0% 159 --

99 39 $140,000 95.4% 198

+ 1.0% + 2.6% + 6.5% - 1.7% + 25.0% --

March

Condo Properties

2012

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

2013 14 6 $21,150 87.6% 90 55

11 6 $85,250 91.1% 89 69

--

Year to Date +/–

2012

+ 27.3% 0.0% - 75.2% - 3.8% + 1.1% - 20.3%

45 18 $53,335 93.9% 129 --

2013 36 13 $24,000 88.2% 88 --

+/– - 20.0% - 27.8% - 55.0% - 6.1% - 31.7% --

* 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 Socastee

+ 30%

b

All MLS Socastee

a

+ 60%

+ 25% + 40% + 20% + 15% + 20% + 10% + 5%

0%

0% - 20% - 5% - 10% - 40% - 15% - 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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 – March 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 20.0%

+ 25.0%

- 23.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

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

2012

2013

+/–

2012

2013

+/–

49 29 $164,500 94.0% 186 241

43 30 $180,000 95.3% 183 197

- 12.2% + 3.4% + 9.4% + 1.3% - 1.3% - 18.3%

150 76 $202,705 94.7% 196 --

139 77 $185,000 94.3% 163

- 7.3% + 1.3% - 8.7% - 0.5% - 16.9% --

March

Condo Properties

2012

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

2013 25 25 $56,500 90.8% 135 146

36 15 $74,000 93.1% 177 205

--

Year to Date +/–

2012

- 30.6% + 66.7% - 23.6% - 2.4% - 24.0% - 28.8%

103 47 $60,000 91.0% 168 --

2013 93 54 $65,000 93.3% 155 --

+/– - 9.7% + 14.9% + 8.3% + 2.5% - 7.4% --

* 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

+ 20%

b

All MLS Surfside Beach

a

+ 30%

+ 15%

+ 20%

+ 10% + 10% + 5% 0% 0% - 10% - 5% - 20% - 10% - 30%

- 15%

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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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