November home sales down in Myrtle Beach area, but up for the year

sjones@thesunnews.comDecember 20, 2013 

The number of home, condos and villas sold along the Grand Strand in November was down 6.2 percent from the same month a year ago, the South Carolina Realtors association reports, but was up 17.4 percent for the third quarter over 2012 and 12.8 percent so far this year.

In fact, the report said the area for the Coastal Carolinas Association of Realtors recorded the second highest number of sales statewide in November. Only the Charleston Trident association’s 886 sales topped the 717 along the Grand Strand, the state report said.

The median sales price in November was $146,000 versus $141,000 in November 2012, a 3.5 percent increase. For the quarter, the median price in the Myrtle Beach area was $152,000, nearly $12,00 over the third quarter in 2012, an 8.4 percent jump.

One more positive indicator in the report was a drop in the number of days properties were on the market before they were sold.

Those that sold along the Grand Strand in November had been listed for 153 days, a 10.8 percent drop from a year ago.

Contact STEVE JONES at 444-1765.

Myrtle Beach Sun News is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service