May 2013local

Page 1

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

Andrews

- 20.0%

- 100.0%

- 36.8%

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

2012

2013

+/–

2012

2013

+/–

5 2 $34,000 97.7% 76 36

4 0 $0 0.0% 0 24

- 20.0% - 100.0% - 100.0% - 100.0% - 100.0% - 33.3%

18 9 $65,900 90.2% 240 --

21 5 $72,500 86.1% 100

+ 16.7% - 44.4% + 10.0% - 4.5% - 58.3% --

May

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

All MLS Andrews

+ 80%

+ 10%

+ 60%

+ 5%

+ 40%

0%

+ 20%

- 5%

0%

- 10%

- 20%

- 15%

- 40%

- 20%

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

- 20.0%

+ 100.0%

+ 5.9%

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

2012

2013

+/–

2012

2013

+/–

10 1 $130,000 93.5% 173 34

8 2 $130,000 100.8% 160 36

- 20.0% + 100.0% 0.0% + 7.7% - 7.5% + 5.9%

32 6 $125,000 96.3% 150 --

32 13 $111,250 93.7% 197

0.0% + 116.7% - 11.0% - 2.7% + 31.6% --

May

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%

All MLS Aynor

b a

+ 10%

+ 30%

+ 5%

+ 20% 0% + 10% - 5% 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

+ 24.8%

+ 18.2%

- 10.9%

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

2012

2013

+/–

2012

2013

+/–

89 49 $130,000 97.6% 138 387

117 65 $172,770 96.3% 146 346

+ 31.5% + 32.7% + 32.9% - 1.3% + 5.6% - 10.6%

411 196 $135,000 97.2% 156 --

487 280 $159,900 96.5% 149

+ 18.5% + 42.9% + 18.4% - 0.7% - 4.3% --

May

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 13 $85,500 95.8% 214 119

16 17 $89,900 94.3% 140 135

--

Year to Date +/–

2012

- 12.5% - 23.5% - 4.9% + 1.5% + 52.9% - 11.9%

124 65 $80,000 95.0% 149 --

2013 107 62 $84,500 96.1% 180 --

+/– - 13.7% - 4.6% + 5.6% + 1.2% + 20.6% --

* 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 Carolina Forest

All MLS Carolina Forest

+ 25%

+ 15%

+ 20%

+ 10%

+ 15%

+ 5%

+ 10%

0%

+ 5%

- 5%

0%

- 10%

- 5%

- 15%

- 10%

- 20%

- 15%

- 25%

- 20%

- 30%

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

+ 21.0%

+ 29.7%

- 1.4%

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

2012

2013

+/–

2012

2013

+/–

114 58 $120,000 95.0% 219 641

140 77 $136,000 96.2% 162 651

+ 22.8% + 32.8% + 13.3% + 1.3% - 26.0% + 1.6%

514 248 $120,000 95.2% 190 --

695 312 $127,038 96.2% 162

+ 35.2% + 25.8% + 5.9% + 1.1% - 14.7% --

May

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 4 6 $39,000 85.4% 78 45

5 6 $39,900 90.5% 109 65

--

Year to Date +/–

2012

- 20.0% 0.0% - 2.3% - 5.7% - 28.3% - 30.8%

65 31 $59,000 93.6% 154 --

2013 35 16 $41,750 89.4% 124 --

+/– - 46.2% - 48.4% - 29.2% - 4.4% - 19.4% --

* 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 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

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

Garden City / Murrells Inlet

+ 8.5%

+ 6.1%

- 4.4%

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

2012

2013

+/–

2012

2013

+/–

47 26 $220,750 96.4% 164 252

45 28 $242,720 95.7% 225 230

- 4.3% + 7.7% + 10.0% - 0.7% + 37.3% - 8.7%

214 103 $226,800 94.2% 168 --

248 117 $238,000 95.4% 189

+ 15.9% + 13.6% + 4.9% + 1.3% + 12.4% --

May

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

12 7 $214,000 92.8% 143 114

2013 19 7 $184,500 94.3% 270 120

--

Year to Date +/–

2012

+ 58.3% 0.0% - 13.8% + 1.6% + 89.0% + 5.3%

79 29 $195,000 93.4% 196 --

2013 95 40 $167,167 93.4% 209 --

+/– + 20.3% + 37.9% - 14.3% - 0.0% + 6.7% --

* 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

+ 100%

All MLS Garden City / Murrells Inlet

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

+ 12.5%

+ 28.6%

- 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

2012

2013

+/–

2012

2013

+/–

21 9 $175,000 92.9% 195 255

24 16 $155,000 90.2% 260 234

+ 14.3% + 77.8% - 11.4% - 2.8% + 33.2% - 8.2%

127 46 $154,450 90.8% 197 --

123 65 $151,250 90.6% 248

- 3.1% + 41.3% - 2.1% - 0.2% + 25.7% --

May

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 5 $62,500 85.5% 103 36

2013 3 2 $28,000 81.9% 25 39

--

Year to Date +/–

2012

0.0% - 60.0% - 55.2% - 4.2% - 75.7% + 8.3%

16 10 $94,500 85.5% 277 --

2013 18 3 $114,000 87.9% 182 --

+/– + 12.5% - 70.0% + 20.6% + 2.8% - 34.5% --

* 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 Georgetown

+ 80%

All MLS Georgetown

b a

+ 1200%

+ 1000%

+ 60%

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

- 20%

- 40% 1-2008

0%

1-2009

1-2010

1-2011

1-2012

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

Little River

+ 11.1%

+ 22.5%

- 3.4%

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

2012

2013

+/–

2012

2013

+/–

88 34 $199,750 93.0% 189 442

106 54 $207,495 94.4% 196 471

+ 20.5% + 58.8% + 3.9% + 1.5% + 3.7% + 6.6%

392 156 $174,995 93.8% 190 --

481 205 $173,328 94.8% 171

+ 22.7% + 31.4% - 1.0% + 1.1% - 10.2% --

May

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

83 46 $99,900 92.6% 164 587

2013 84 44 $114,250 94.3% 126 523

--

Year to Date +/–

2012

+ 1.2% - 4.3% + 14.4% + 1.8% - 23.2% - 10.9%

420 184 $108,950 92.0% 172 --

2013 457 197 $103,000 93.3% 168 --

+/– + 8.8% + 7.1% - 5.5% + 1.4% - 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 Little River

All MLS Little River

b a

+ 15%

+ 15%

+ 10%

+ 10%

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

- 20% 1-2008

- 20%

1-2009

1-2010

1-2011

1-2012

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

Loris

+ 24.0%

+ 40.0%

+ 12.6%

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

2012

2013

+/–

2012

2013

+/–

25 10 $81,500 93.2% 158 161

28 12 $106,750 90.2% 233 170

+ 12.0% + 20.0% + 31.0% - 3.3% + 47.1% + 5.6%

133 48 $117,525 93.3% 189 --

148 62 $92,500 91.2% 186

+ 11.3% + 29.2% - 21.3% - 2.3% - 1.7% --

May

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 13

2013 3 2 $143,500 93.4% 76 26

--

Year to Date +/–

2012

-----+ 100.0%

1 0 $0 0.0% 0 --

2013 20 5 $78,999 92.3% 121 --

+/– + 1900.0% ------

* 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

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

Myrtle Beach

+ 6.8%

+ 2.0%

- 12.1%

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

2012

2013

+/–

2012

2013

+/–

80 44 $222,750 93.4% 215 435

82 50 $242,990 95.1% 155 430

+ 2.5% + 13.6% + 9.1% + 1.8% - 28.1% - 1.1%

389 173 $226,850 94.0% 198 --

471 222 $235,990 95.4% 176

+ 21.1% + 28.3% + 4.0% + 1.5% - 11.1% --

May

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 264 154 $97,900 94.4% 161 1,367

244 156 $99,000 94.3% 182 1,610

--

Year to Date +/–

2012

+ 8.2% - 1.3% - 1.1% + 0.1% - 11.4% - 15.1%

1,258 631 $93,950 94.0% 175 --

2013 1,261 711 $95,000 94.1% 171 --

+/– + 0.2% + 12.7% + 1.1% + 0.0% - 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

1-2009

1-2010

1-2011

1-2012

1-2013

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

- 16.8%

- 17.5%

- 18.9%

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

2012

2013

+/–

2012

2013

+/–

56 20 $235,000 92.0% 205 222

42 17 $215,000 95.6% 237 211

- 25.0% - 15.0% - 8.5% + 3.9% + 15.7% - 5.0%

195 96 $231,000 93.9% 178 --

203 82 $252,500 94.3% 174

+ 4.1% - 14.6% + 9.3% + 0.5% - 2.3% --

May

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

123 94 $168,500 94.0% 181 806

2013 107 77 $158,700 94.9% 174 623

--

Year to Date +/–

2012

- 13.0% - 18.1% - 5.8% + 1.0% - 4.0% - 22.7%

582 323 $165,000 93.9% 183 --

2013 553 294 $171,000 95.4% 197 --

+/– - 5.0% - 9.0% + 3.6% + 1.6% + 7.6% --

* 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 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

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

Pawleys Island / Litchfield

- 4.2%

+ 2.5%

- 3.7%

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

2012

2013

+/–

2012

2013

+/–

38 21 $275,000 92.7% 236 439

41 24 $391,000 92.9% 234 425

+ 7.9% + 14.3% + 42.2% + 0.3% - 0.7% - 3.2%

239 93 $303,500 92.3% 214 --

253 111 $339,000 93.0% 222

+ 5.9% + 19.4% + 11.7% + 0.7% + 3.9% --

May

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

33 19 $148,000 92.1% 207 344

2013 27 17 $178,000 90.9% 205 329

--

Year to Date +/–

2012

- 18.2% - 10.5% + 20.3% - 1.2% - 0.8% - 4.4%

166 61 $143,000 91.9% 205 --

2013 173 70 $130,000 91.1% 191 --

+/– + 4.2% + 14.8% - 9.1% - 0.9% - 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 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

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

- 31.7%

- 12.5%

- 29.9%

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

2012

2013

+/–

2012

2013

+/–

37 28 $128,950 96.9% 131 173

17 18 $134,000 96.5% 155 129

- 54.1% - 35.7% + 3.9% - 0.5% + 18.4% - 25.4%

164 80 $134,500 97.2% 139 --

153 87 $139,950 96.3% 172

- 6.7% + 8.7% + 4.1% - 0.9% + 23.7% --

May

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 11 10 $39,000 92.2% 218 42

4 4 $43,750 88.0% 127 71

--

Year to Date +/–

2012

+ 175.0% + 150.0% - 10.9% + 4.8% + 71.6% - 40.8%

65 31 $50,000 92.4% 125 --

2013 56 28 $33,000 89.7% 148 --

+/– - 13.8% - 9.7% - 34.0% - 2.9% + 17.9% --

* 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

+ 30%

All MLS Socastee

b 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 – May 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

+ 21.5%

+ 33.3%

- 22.2%

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

2012

2013

+/–

2012

2013

+/–

49 33 $205,500 96.5% 155 238

61 43 $180,000 96.3% 163 186

+ 24.5% + 30.3% - 12.4% - 0.2% + 5.4% - 21.8%

239 138 $202,705 95.4% 180 --

242 140 $186,000 95.2% 168

+ 1.3% + 1.4% - 8.2% - 0.2% - 6.5% --

May

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 35 25 $73,750 94.5% 162 146

30 18 $67,000 94.6% 158 189

--

Year to Date +/–

2012

+ 16.7% + 38.9% + 10.1% - 0.0% + 2.8% - 22.8%

164 84 $66,000 92.0% 179 --

2013 182 99 $68,900 93.4% 147 --

+/– + 11.0% + 17.9% + 4.4% + 1.6% - 17.5% --

* 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 Surfside Beach

+ 20%

All MLS Surfside Beach

b 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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