May 2012 Local Reports

Page 1

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

Andrews

- 54.5%

+ 100.0%

+ 8.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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

+/–

11 1 $48,500 89.8% 197 31

5 2 $34,000 97.7% 76 35

- 54.5% + 100.0% - 29.9% + 8.8% - 61.4% + 12.9%

27 11 $48,500 86.9% 174 --

19 9 $65,900 90.2% 240

- 29.6% - 18.2% + 35.9% + 3.7% + 37.8% --

May

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 3

2012 0 0 $0 0.0% 0 2

--

Year to Date +/–

2011

------ 33.3%

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 Andrews

+ 80%

All MLS Andrews

b a

0%

+ 60% - 5% + 40% - 10%

+ 20%

0%

- 15%

- 20% - 20% - 40%

- 60% 1-2008

- 25% 1-2009

1-2010

1-2011

1-2012

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

Aynor

+ 125.0%

- 50.0%

+ 6.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 $303,500 94.2% 241 31

9 1 $130,000 93.5% 173 33

+ 125.0% - 50.0% - 57.2% - 0.7% - 28.2% + 6.5%

19 11 $123,000 94.0% 184 --

31 6 $125,000 96.3% 150

+ 63.2% - 45.5% + 1.6% + 2.4% - 18.6% --

May

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

- 25% 1-2009

1-2010

1-2011

1-2012

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

Carolina Forest

+ 9.7%

+ 5.4%

- 14.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 33 $120,000 96.0% 123 400

88 44 $125,000 97.8% 139 358

+ 25.7% + 33.3% + 4.2% + 1.9% + 12.8% - 10.5%

387 189 $139,990 96.4% 160 --

409 190 $135,000 97.2% 157

+ 5.7% + 0.5% - 3.6% + 0.9% - 1.5% --

May

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

23 23 $75,000 94.1% 177 159

2012 14 15 $93,000 94.5% 141 123

--

Year to Date +/–

2011

- 39.1% - 34.8% + 24.0% + 0.4% - 20.5% - 22.6%

131 74 $75,000 93.9% 165 --

2012 122 63 $80,000 95.1% 150 --

+/– - 6.9% - 14.9% + 6.7% + 1.3% - 9.2% --

* 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 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

- 35% 1-2009

1-2010

1-2011

1-2012

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

Conway

+ 23.2%

+ 3.4%

- 13.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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

+/–

91 53 $116,000 94.3% 181 713

112 55 $120,000 95.2% 220 603

+ 23.1% + 3.8% + 3.4% + 1.0% + 21.9% - 15.4%

578 247 $125,000 94.1% 177 --

513 246 $120,000 95.3% 191

- 11.2% - 0.4% - 4.0% + 1.2% + 7.8% --

May

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

4 5 $57,000 94.9% 231 63

2012 5 5 $45,800 91.2% 103 68

--

Year to Date +/–

2011

+ 25.0% 0.0% - 19.6% - 3.8% - 55.5% + 7.9%

42 36 $53,450 91.0% 159 --

2012 65 30 $60,400 93.8% 154 --

+/– + 54.8% - 16.7% + 13.0% + 3.0% - 3.2% --

* 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 Conway

+ 10%

All MLS Conway

b a

+ 40%

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

- 5%

0%

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

- 20% 1-2008

- 40% 1-2009

1-2010

1-2011

1-2012

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

Garden City / Murrells Inlet

+ 48.7%

+ 86.7%

+ 4.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 10 $259,500 93.6% 237 212

46 23 $221,500 96.9% 172 229

+ 76.9% + 130.0% - 14.6% + 3.5% - 27.5% + 8.0%

124 44 $310,540 90.0% 225 --

208 99 $226,800 94.1% 170

+ 67.7% + 125.0% - 27.0% + 4.6% - 24.1% --

May

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

13 5 $163,400 89.0% 224 114

2012 12 5 $195,000 93.7% 105 113

--

Year to Date +/–

2011

- 7.7% 0.0% + 19.3% + 5.3% - 53.0% - 0.9%

77 26 $163,400 89.5% 248 --

2012 80 27 $185,000 93.6% 193 --

+/– + 3.9% + 3.8% + 13.2% + 4.6% - 22.4% --

* 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 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

b a

- 30% 1-2009

1-2010

1-2011

1-2012

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

Georgetown

- 14.3%

+ 40.0%

- 10.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 9 $139,250 86.1% 166 269

21 9 $175,000 92.9% 195 243

- 25.0% 0.0% + 25.7% + 7.8% + 17.8% - 9.7%

150 43 $123,500 90.6% 202 --

128 46 $154,450 90.8% 197

- 14.7% + 7.0% + 25.1% + 0.2% - 2.3% --

May

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 1 $350,000 66.7% 487 46

2012 3 5 $62,500 85.5% 103 39

--

Year to Date +/–

2011

-+ 400.0% - 82.1% + 28.2% - 78.9% - 15.2%

9 4 $567,500 79.9% 547 --

2012 16 10 $94,500 85.5% 277 --

+/– + 77.8% + 150.0% - 83.3% + 7.1% - 49.3% --

* 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 Georgetown

+ 80%

All MLS Georgetown

b a

+ 1200%

+ 1000%

+ 60%

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

- 20%

0%

- 40% 1-2008

- 200% 1-2009

1-2010

1-2011

1-2012

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

Little River

+ 4.9%

0.0%

- 17.3%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 47 $167,500 92.7% 171 534

85 32 $208,500 92.5% 188 424

+ 6.3% - 31.9% + 24.5% - 0.3% + 10.4% - 20.6%

403 153 $170,000 94.2% 181 --

389 153 $175,000 93.7% 191

- 3.5% 0.0% + 2.9% - 0.5% + 5.3% --

May

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

83 31 $130,450 92.9% 205 669

2012 86 46 $99,900 92.6% 164 571

--

Year to Date +/–

2011

+ 3.6% + 48.4% - 23.4% - 0.3% - 20.3% - 14.6%

433 179 $127,375 93.1% 189 --

2012 419 180 $108,400 92.1% 173 --

+/– - 3.2% + 0.6% - 14.9% - 1.0% - 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 Little River

All MLS Little River

b a

+ 15%

+ 15%

+ 10%

+ 10%

+ 5% + 5% 0% 0% - 5% - 5% - 10% - 10% - 15% - 15%

- 20%

- 20% 1-2008

- 25% 1-2009

1-2010

1-2011

1-2012

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

Loris

+ 52.9%

+ 42.9%

- 14.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 7 $92,500 88.2% 165 185

26 10 $81,500 93.2% 158 155

+ 52.9% + 42.9% - 11.9% + 5.7% - 4.1% - 16.2%

156 37 $105,000 93.0% 174 --

132 48 $117,525 93.3% 189

- 15.4% + 29.7% + 11.9% + 0.3% + 8.5% --

May

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 0 0 $0 0.0% 0 7

--

Year to Date +/–

2011

-----+ 40.0%

4 1 $115,000 100.0% 279 --

2012 2 0 $0 0.0% 0 --

+/– - 50.0% - 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

- 30% 1-2009

1-2010

1-2011

1-2012

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

Myrtle Beach

+ 15.7%

+ 1.6%

- 16.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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

+/–

55 42 $235,000 90.7% 155 475

78 43 $218,000 93.2% 219 416

+ 41.8% + 2.4% - 7.2% + 2.8% + 40.9% - 12.4%

354 155 $215,000 92.8% 179 --

387 172 $222,830 94.0% 200

+ 9.3% + 11.0% + 3.6% + 1.3% + 11.5% --

May

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

219 146 $97,000 93.9% 198 1,843 ,

2012 239 148 $99,500 94.3% 187 1,519 ,

--

Year to Date +/–

2011

+ 9.1% + 1.4% + 2.6% + 0.4% - 5.4% - 17.6%

1,353 671 $92,750 94.5% 173 --

2012 1,254 618 $94,250 94.0% 177 --

+/– - 7.3% - 7.9% + 1.6% - 0.5% + 2.5% --

* 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

b a

- 50% 1-2009

1-2010

1-2011

1-2012

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

North Myrtle Beach

+ 27.1%

+ 5.6%

- 9.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 19 $250,000 94.3% 123 207

56 20 $235,000 92.0% 205 216

+ 75.0% + 5.3% - 6.0% - 2.4% + 66.8% + 4.3%

181 96 $250,000 93.6% 177 --

195 96 $231,000 93.8% 178

+ 7.7% 0.0% - 7.6% + 0.2% + 0.7% --

May

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

108 89 $199,000 94.8% 177 878

2012 122 94 $168,500 94.0% 181 769

--

Year to Date +/–

2011

+ 13.0% + 5.6% - 15.3% - 0.9% + 2.2% - 12.4%

665 305 $175,000 94.4% 172 --

2012 574 323 $165,000 93.9% 183 --

+/– - 13.7% + 5.9% - 5.7% - 0.5% + 6.3% --

* 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 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

- 30% 1-2009

1-2010

1-2011

1-2012

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

Pawleys Island / Litchfield

- 15.7%

+ 46.2%

- 6.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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

+/–

47 20 $280,060 92.1% 194 468

37 19 $275,000 92.1% 253 424

- 21.3% - 5.0% - 1.8% + 0.1% + 30.2% - 9.4%

284 89 $285,000 93.1% 206 --

240 90 $307,000 92.1% 218

- 15.5% + 1.1% + 7.7% - 1.1% + 6.1% --

May

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

36 6 $305,000 90.8% 163 350

2012 33 19 $148,000 92.1% 207 344

--

Year to Date +/–

2011

- 8.3% + 216.7% - 51.5% + 1.4% + 26.9% - 1.7%

157 42 $143,500 92.1% 264 --

2012 167 61 $143,000 91.9% 205 --

+/– + 6.4% + 45.2% - 0.3% - 0.2% - 22.6% --

* 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

b a

- 40% 1-2009

1-2010

1-2011

1-2012

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

Socastee

+ 7.7%

+ 146.2%

- 6.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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 9 $140,000 97.3% 104 184

37 28 $128,950 96.9% 131 158

+ 19.4% + 211.1% - 7.9% - 0.4% + 26.1% - 14.1%

162 69 $137,450 95.2% 158 --

163 79 $135,000 97.2% 138

+ 0.6% + 14.5% - 1.8% + 2.1% - 13.0% --

May

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 4 $46,250 95.8% 283 58

2012 5 4 $43,750 88.0% 127 69

--

Year to Date +/–

2011

- 37.5% 0.0% - 5.4% - 8.2% - 55.1% + 19.0%

38 18 $41,200 91.6% 221 --

2012 67 29 $50,000 92.4% 121 --

+/– + 76.3% + 61.1% + 21.4% + 0.9% - 45.2% --

* 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 Socastee

+ 30%

All MLS Socastee

b a

+ 60%

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

0%

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

- 60% 1-2009

1-2010

1-2011

1-2012

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

Surfside Beach

+ 1.3%

+ 48.5%

- 21.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

May

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

+/–

54 23 $181,500 95.2% 193 270

49 31 $205,500 96.7% 156 226

- 9.3% + 34.8% + 13.2% + 1.5% - 19.0% - 16.3%

246 94 $184,158 94.0% 198 --

236 136 $202,705 95.4% 181

- 4.1% + 44.7% + 10.1% + 1.5% - 9.0% --

May

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

26 10 $62,000 90.2% 162 254

2012 32 18 $67,000 94.6% 158 187

--

Year to Date +/–

2011

+ 23.1% + 80.0% + 8.1% + 4.8% - 2.8% - 26.4%

168 67 $62,000 89.6% 172 --

2012 167 84 $66,000 92.0% 179 --

+/– - 0.6% + 25.4% + 6.5% + 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 Surfside Beach

All MLS Surfside Beach

b a

+ 15%

+ 15%

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

0% - 5%

0%

- 10% - 5%

- 15% - 20%

- 10%

- 25% - 15% - 30% - 20% 1-2008

- 35% 1-2009

1-2010

1-2011

1-2012

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.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.