October, 2012 Local

Page 1

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

Andrews

- 40.0%

- 33.3%

- 57.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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 $100,000 83.8% 91 42

3 2 $206,500 89.4% 201 17

- 40.0% 0.0% + 106.5% + 6.6% + 120.3% - 59.5%

51 18 $62,450 88.7% 161 --

34 21 $59,400 88.6% 227

- 33.3% + 16.7% - 4.9% - 0.1% + 40.9% --

October

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 0 0 $0 0.0% 0 2

0 1 $232,000 93.2% 140 3

--

Year to Date +/–

2011

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

1 1 $232,000 93.2% 140 --

2012 1 0 $0 0.0% 0 --

+/– 0.0% - 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 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 – October 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

+ 133.3%

- 50.0%

+ 25.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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 2 $137,500 81.2% 440 24

7 1 $159,500 91.1% 44 30

+ 133.3% - 50.0% + 16.0% + 12.2% - 90.0% + 25.0%

40 26 $119,950 92.7% 230 --

62 20 $125,000 91.5% 108

+ 55.0% - 23.1% + 4.2% - 1.3% - 53.2% --

October

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

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

Carolina Forest

- 12.4%

+ 12.3%

- 5.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

Year to Date

2011

2012

+/–

2011

2012

+/–

71 43 $142,500 93.7% 131 366

70 50 $149,850 98.3% 157 352

- 1.4% + 16.3% + 5.2% + 4.8% + 19.7% - 3.8%

745 416 $146,000 95.8% 155 --

823 473 $144,500 97.1% 151

+ 10.5% + 13.7% - 1.0% + 1.4% - 3.2% --

October

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 22 14 $80,250 96.0% 203 128

34 14 $81,500 93.1% 195 139

--

Year to Date +/–

2011

- 35.3% 0.0% - 1.5% + 3.1% + 4.3% - 7.9%

245 151 $85,000 94.7% 178 --

2012 260 153 $80,500 95.4% 157 --

+/– + 6.1% + 1.3% - 5.3% + 0.7% - 11.8% --

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

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

Condo Properties All MLS Carolina Forest

All MLS Carolina Forest

b a

+ 15%

+ 10%

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

Conway

+ 3.8%

+ 11.1%

- 10.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

+/–

98 53 $128,500 91.5% 165 675

102 53 $123,985 96.1% 171 602

+ 4.1% 0.0% - 3.5% + 5.0% + 3.6% - 10.8%

1,076 501 $125,000 94.1% 179 --

1,041 531 $120,000 95.0% 181

- 3.3% + 6.0% - 4.0% + 1.0% + 0.8% --

October

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 8 7 $65,200 99.0% 253 64

8 1 $58,000 92.2% 203 65

--

Year to Date +/–

2011

0.0% + 600.0% + 12.4% + 7.4% + 24.7% - 1.5%

82 57 $60,000 92.1% 159 --

2012 118 64 $63,500 93.7% 163 --

+/– + 43.9% + 12.3% + 5.8% + 1.6% + 2.7% --

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

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

Condo Properties All MLS 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 – October 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 2.3%

+ 17.4%

- 7.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

+/–

39 18 $219,000 94.2% 185 245

34 19 $159,900 93.3% 163 225

- 12.8% + 5.6% - 27.0% - 0.9% - 12.1% - 8.2%

287 94 $277,500 91.0% 218 --

407 220 $226,205 95.2% 177

+ 41.8% + 134.0% - 18.5% + 4.6% - 19.1% --

October

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

5 5 $163,500 91.2% 347 114

2012 11 8 $213,500 91.9% 197 107

--

Year to Date +/–

2011

+ 120.0% + 60.0% + 30.6% + 0.8% - 43.4% - 6.1%

125 58 $158,750 91.5% 268 --

2012 134 57 $190,000 92.7% 209 --

+/– + 7.2% - 1.7% + 19.7% + 1.3% - 21.8% --

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

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

Condo Properties All MLS 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 – October 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

+ 40.7%

- 8.3%

+ 0.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

+/–

25 10 $126,000 93.0% 224 253

36 9 $85,951 94.5% 148 256

+ 44.0% - 10.0% - 31.8% + 1.6% - 33.6% + 1.2%

240 88 $122,000 90.8% 207 --

264 92 $123,000 91.1% 201

+ 10.0% + 4.5% + 0.8% + 0.3% - 2.9% --

October

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 2 $175,000 82.1% 406 34

2012 2 2 $78,000 93.1% 237 33

--

Year to Date +/–

2011

0.0% 0.0% - 55.4% + 13.4% - 41.6% - 2.9%

16 16 $275,000 80.6% 482 --

2012 26 16 $94,500 87.5% 285 --

+/– + 62.5% 0.0% - 65.6% + 8.7% - 41.0% --

* 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 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

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

Little River

+ 4.6%

+ 26.7%

- 14.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

+/–

64 31 $170,000 92.2% 204 466

78 42 $163,945 94.1% 174 413

+ 21.9% + 35.5% - 3.6% + 2.1% - 14.8% - 11.4%

707 329 $177,995 93.2% 195 --

759 370 $170,000 93.5% 178

+ 7.4% + 12.5% - 4.5% + 0.2% - 8.6% --

October

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 58 34 $94,750 92.9% 183 500

66 29 $130,000 90.0% 191 606

--

Year to Date +/–

2011

- 12.1% + 17.2% - 27.1% + 3.2% - 4.4% - 17.5%

768 328 $123,500 92.4% 186 --

2012 767 398 $108,050 92.3% 178 --

+/– - 0.1% + 21.3% - 12.5% - 0.1% - 4.4% --

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

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

Condo Properties All MLS 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

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

Loris

- 4.2%

- 41.7%

- 17.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

Year to Date

2011

2012

+/–

2011

2012

+/–

21 12 $111,500 92.7% 161 184

22 7 $68,000 91.3% 211 149

+ 4.8% - 41.7% - 39.0% - 1.5% + 30.9% - 19.0%

278 95 $104,000 92.6% 173 --

246 100 $112,500 92.8% 197

- 11.5% + 5.3% + 8.2% + 0.3% + 13.8% --

October

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% 0 6

2012 1 0 $0 0.0% 0 8

--

Year to Date +/–

2011

- 66.7% ----+ 33.3%

10 3 $199,000 96.3% 134 --

2012 5 1 $330,000 91.9% 519 --

+/– - 50.0% - 66.7% + 65.8% - 4.5% + 286.4% --

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

Myrtle Beach

+ 5.9%

+ 19.1%

- 19.5%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

Year to Date

2011

2012

+/–

2011

2012

+/–

56 37 $240,000 93.9% 266 457

73 36 $218,782 92.9% 124 368

+ 30.4% - 2.7% - 8.8% - 1.0% - 53.6% - 19.5%

695 339 $235,000 92.7% 190 --

731 389 $227,995 94.3% 177

+ 5.2% + 14.7% - 3.0% + 1.7% - 7.2% --

October

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 215 145 $93,900 93.7% 170 1,364

216 115 $99,500 92.1% 194 1,695

--

Year to Date +/–

2011

- 0.5% + 26.1% - 5.6% + 1.7% - 12.4% - 19.5%

2,439 1,322 $97,900 94.1% 175 --

2012 2,193 1,277 $95,000 94.0% 172 --

+/– - 10.1% - 3.4% - 3.0% - 0.1% - 1.7% --

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

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

Condo Properties All MLS Myrtle Beach

All MLS Myrtle Beach

+ 40%

+ 30%

+ 30%

+ 20%

+ 20%

+ 10%

+ 10%

0%

0%

- 10%

- 10%

- 20%

- 20%

- 30%

- 30%

- 40%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 50% 1-2008

1-2009

1-2010

1-2011

b a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


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

North Myrtle Beach

- 5.8%

+ 53.1%

- 19.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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 16 $237,875 93.7% 211 213

31 26 $255,000 95.2% 157 191

0.0% + 62.5% + 7.2% + 1.7% - 25.5% - 10.3%

348 171 $241,684 93.6% 180 --

358 208 $233,700 94.1% 164

+ 2.9% + 21.6% - 3.3% + 0.6% - 9.3% --

October

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

90 48 $210,000 92.4% 195 877

2012 83 72 $155,000 94.8% 184 691

--

Year to Date +/–

2011

- 7.8% + 50.0% - 26.2% + 2.6% - 5.4% - 21.2%

1,206 573 $177,750 93.9% 179 --

2012 1,032 653 $165,000 94.4% 180 --

+/– - 14.4% + 14.0% - 7.2% + 0.5% + 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 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 – October 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

+ 45.5%

+ 42.9%

- 6.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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 19 $339,000 91.9% 289 426

49 28 $265,000 95.8% 181 417

+ 58.1% + 47.4% - 21.8% + 4.3% - 37.3% - 2.1%

463 188 $290,000 93.1% 220 --

487 222 $300,000 93.6% 201

+ 5.2% + 18.1% + 3.4% + 0.5% - 8.7% --

October

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

24 9 $232,000 88.7% 181 356

2012 31 12 $218,500 91.9% 304 315

--

Year to Date +/–

2011

+ 29.2% + 33.3% - 5.8% + 3.6% + 68.1% - 11.5%

287 85 $159,950 91.6% 252 --

2012 306 130 $132,000 91.9% 235 --

+/– + 6.6% + 52.9% - 17.5% + 0.4% - 6.4% --

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

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

Condo Properties All MLS Pawleys Island / Litchfield

All MLS Pawleys Island / Litchfield

+ 50%

+ 60%

+ 40%

+ 50%

+ 30%

+ 40%

+ 20%

+ 30%

+ 10%

+ 20%

0%

+ 10%

- 10%

0%

- 20%

- 10%

- 30%

- 20%

- 40%

- 30%

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

- 40% 1-2008

1-2009

1-2010

1-2011

b a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


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

Socastee

- 13.6%

+ 19.0%

- 11.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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

+/–

34 18 $130,500 95.4% 226 182

30 18 $119,900 95.3% 147 158

- 11.8% 0.0% - 8.1% - 0.1% - 34.9% - 13.2%

328 145 $134,500 95.9% 155 --

332 167 $133,000 96.4% 145

+ 1.2% + 15.2% - 1.1% + 0.6% - 6.5% --

October

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 8 7 $52,500 91.9% 169 52

10 3 $40,000 87.9% 246 56

--

Year to Date +/–

2011

- 20.0% + 133.3% + 31.3% + 4.5% - 31.4% - 7.1%

75 38 $40,000 92.2% 188 --

2012 103 63 $45,133 92.3% 147 --

+/– + 37.3% + 65.8% + 12.8% + 0.1% - 21.9% --

* 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

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

Surfside Beach

+ 4.2%

+ 11.4%

- 26.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

October

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 22 $205,000 93.6% 197 262

45 24 $221,250 95.3% 179 213

+ 2.3% + 9.1% + 7.9% + 1.8% - 9.2% - 18.7%

463 208 $188,057 94.3% 202 --

444 266 $199,000 95.2% 178

- 4.1% + 27.9% + 5.8% + 1.0% - 12.1% --

October

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 30 15 $68,500 91.7% 210 154

28 13 $67,500 90.4% 161 238

--

Year to Date +/–

2011

+ 7.1% + 15.4% + 1.5% + 1.4% + 30.4% - 35.3%

333 142 $62,500 88.5% 183 --

2012 299 181 $67,000 92.6% 171 --

+/– - 10.2% + 27.5% + 7.2% + 4.6% - 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 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

- 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.


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