Real Estate Update

Beach Colony Resort in the Forest Dunes section of Myrtle Beach. Oceanfront, north corner end unit offers spectacular views and space galore with four bedrooms and three baths. 

Grand Strand Real Estate market continues to improve with double digit increases in homes and condos.  Single family home prices increased for the first time in two years.  Home sales were up 17% compared to February last year, Condo sales improved 54%

Buyers are taking advantage of low prices increasing sales for the sixth consecutive month in January.  Single family homes are up 13 % and condo 74% when compared to the same month last year.

Grand Strand real estate showed a 24% increase in single family homes and a 57% jump in condos sales in December compared to the same time last year.    December marked the fourth month in a row with increased sales in the Grand Strand real estate market.  This is certainly a buyers market.

Real Estate sales in November were up from last year which marked a three month trend of increased sales here in the Grand Strand.  Single family homes were up 65% and condos 69% compared to November of last year.

New Listing in beautiful Little River...Just a stones throw from North Myrtle Beach!

Condo sales were up 32% in August and homes 1% compared to last year marking the first time in two years that both single family and condo sales increased.  Each month is showing improvement based on statistics gathered from the Coastal Carolina MLS.

Positive trends continued in the Myrtle Beach area real estate market in August .  Condo sales jumped 27 percent over August 2008.  that is the third consecutive month that a segment of the Grand Strand market posted increases. 

Housing construction posted a large increase in February.  The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in February compared with January.  After the news, investors helped Wall Streets rally buying financial and home builder stocks.