Today marks the beginning of Autumn and that means more days of cooler weather, leaves changing color, and great Myrtle Beach Real Estate deals! Over the weekend, our market saw 70 new listings entered to the MLS while 247 properties went under contract. That is 3.5 to 1 ratio of homes going under contract to new homes being listed for sale.
The 70 new listings range in price from $17,900 to $3,399,000 with a median price of $225,000. For the 247 homes that went pending, the price range was from a low of $6,000 to a high of $1,995,000 with a median price of $179,999.
So what does this mean for Myrtle Beach Real Estate?
Hopefully this is the beginning of a trend in our market. This means that buyers are not only still interested in Myrtle Beach Real Estate, but they are also taking action to obtain homes for sale in Myrtle Beach. Interest rates are still rather low and with the abundant inventory of property listed for sale in Myrtle Beach, buyers have a lot to choose from.
If you know someone looking to either purchase or sell property in Myrtle Beach, do not hesitate to contact me.
Jeremy Blanton- Myrtle Beach Real Estate Expert
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