2014 was a great year for Myrtle Beach real estate. In fact, I didn’t realize how good the year was until I recently read an article published by The Sun News that stated that our area set a record in 2014 for number of single family homes sold. With 5,843 single family homes sold in 2014, this passed the previous record which was set in 2013 by more than 500 homes.
Not only did the number of homes sold in 2014 go up, but so did the prices. The median single family sales price rose 5.6 percent this year to $193,899 in Horry and Georgetown counties. This increase was believed to be caused by the decrease in number of foreclosures in the market. Another sellers market is believed to be on the near horizon.
That being said, sellers who have been waiting for a shift in the market to sell your home, that time is now. Spring has historically been known in our area as one of the strongest markets year after year. As I mentioned recently, this year appears to be thriving even earlier as I’ve tracked a 300% increase in buyer leads already in January.
While now is the time to sell your home, it’s still crucial to find an agent that can get your home sold quickly and for the most money. You may be shocked to learn that the average agent does only 5 transactions a year. The map on the right shows that I was able to do twice that amount of business in just my first 7 months back into real estate.
My aggressive online marketing plan provides great exposure for my listings to my over 30,000 connections online. This results in homes getting sold quickly for closer to listing price. If you have been considering selling your home, fill out the form below and I will contact your with a free market analysis of the current value of your home.