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Jan 22 2016

Home Prices In South Carolina Are Highest In Over 10 Years

Myrtle Beach Real Estate ReportThe South Carolina REALTORS Association just released a very comprehensive video that is a year end real estate market update for the state.  Below is the video for you to watch:

The highlights:

2015 was the best year we have experienced in real estate in SC since 2009.  Sales remained strong while the inventory stayed steady, along with interest rates remaining low meant we had a very strong year in the state.  The number of closed sales passed over 70,000 units for the year.  This is something that hasn’t happened since before 2006.  This is an 11.6% increase over 2014.

The inventory of homes on the market dropped down to 33,800 homes or an 8.2% decrease in inventory.  Experts believe that as interest rates start to rise, it will spur on more activity making the amount of homes on the market to go even lower.  We are now down to a statewide inventory of 5.5 months.  This is a 19.1% decrease over 2014 and a strong sign that we are once again on the way to becoming a sellers market.

The average home price in South Carolina also rose in 2015 to $172,000.  This is a 6.2% increase in price over 2014.  Also, this is the highest home values have been in South Carolina in the past 10 years.  Those thinking of selling their home, shows that now is the best opportunity to get the highest price for your home in a very long time.

If you would like more information on selling your home or buying a property here in Myrtle Beach, do not hesitate to contact me.

Did you enjoy this post? If so, then make sure you subscribe by email to be notified every time we share something new. Thanks for visiting!

Did you enjoy this post? If so, then make sure you subscribe by email to be notified every time we share something new. Thanks for visiting!

Written by Jeremy · Categorized: market reports · Tagged: homes for sale in myrtle beach, market reports, myrtle beach real estate, SC real estate market

Jan 20 2016

Does Your Resolutions This Year Include Selling A Home?

2016 ResolutionsWow, January is flying by us and it’s almost February already.  I’ve been busy working on one of my resolutions for this year of making myself healthier.  As you might or might know, I had a little scare right before the holidays that landed me in the hospital.  I’ll write more about that at another time.

I’m wondering though, was one of your resolutions for this year to finally sell your home that is too crowded and upgrade to the larger property?  Or maybe you have been renting the past few years and think it is finally time to settle down and purchase your first home in Myrtle Beach.

 

Whatever the thoughts might be, I’m here to assist you and your family with your real estate needs.  If selling your home is on your mind, let me do a comparative market analysis for you to see how much your home is really worth.  I’ll also share with you how my online marketing system can help get your home sold quicker and for more money by exposing it to my online network of over 37,000 connections.

Spring market is quickly approaching and has been known for many years as one of the busiest times of the year for real estate here in the Myrtle Beach area.  Fill out the form below to be contacted about selling your property today!

Written by Jeremy · Categorized: Myrtle Beach Real Estate, Selling Myrtle Beach Homes · Tagged: myrtle beach homes, myrtle beach real estate, sell my myrtle beach home

Jan 19 2016

Myrtle Beach’s #1 Real Estate Firm Four Years In A Row!

Yesterday, my company RE/MAX Southern Shores announced once again that they have kept their position as the #1 real estate firm in Myrtle Beach. This is the fourth year in a row in which the company has sold more real estate than anyone else in the Myrtle Beach area. In 2015 our company sold over 300 million dollars in property!

I had fun working with my broker the other day to put together this video announcing our company was #1 again:

So if you are thinking of buying or selling a home in the Myrtle Beach area, feel confident working with the best.  I’d love the opportunity to work with you on selling or buying your next property.  Contact me today.

Written by Jeremy · Categorized: Myrtle Beach Real Estate · Tagged: myrtle beach homes, myrtle beach real estate

Jan 04 2016

10 Most Expensive Homes Sold in Myrtle Beach During 2015

Myrtle Beach Luxury Homes For SaleA new year is upon us, which means it is time once again for the annual post of the 10 most expensive homes sold in 2015.  Interesting enough, the 2014 version was the most popular post on my site for the year.

The average sold price for the 10 most expensive homes sold in Myrtle Beach area during 2015 was just over 2.45 million with the most expensive home sold at $4,245,000.  Now, these homes didn’t sell quickly, the average days on the market at 445 days and two of the properties took well over 1,000 days to sell.

Also, these Myrtle Beach Luxury Homes do not fit within your normal cookie cutter mold on size.  They ranged in size from 1932 heated square feet to the largest at just under 13,000.  On average, these ten homes measured just over 5,000 square feet each.

Here’s a list of the 10 most expensive homes sold in Myrtle Beach during 2015.  They are listed from least to most expensive:

Most Expensive Myrtle Beach Homes

Now that 2016 is upon, here are the current luxury homes for sale.  If you are looking for luxury here in the Myrtle Beach area, these are the homes that fit the bill.

Take a look at these and if you would like any more information on any of these properties, do not hesitate to contact me.

Written by Jeremy · Categorized: Myrtle Beach Luxury Homes, Myrtle Beach Real Estate · Tagged: myrtle beach homes, myrtle beach luxury homes, myrtle beach real estate

Nov 09 2015

National Housing Report October 2015

Written by Jeremy · Categorized: market reports

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