Myrtle Beach Condos – June 2014
Myrtle Beach Condos Median Sales price up 7.3% from previous month
Welcome to June market update. We thought you’d find this information helpful and we are ready to answer any questions about the local market. Let’s take a look at real estate activity in Myrtle Beach during the month of June. The number of active listings was up 7 percent from one year earlier and down 2 percent from the previous month. As you can see, the median listing price for the month was just under $120,000.00. Compared to last year, the average number of days that units spent on the market before being sold was up 4 percent. The median sale price was just over $100,000.00, which is a 7.3% increase from the previous month. The number of units sold decreased 18 percent year over year and decreased 30 percent month over month.
Here are the Raw Numbers:
- Number of listings on the market have decreased 2% from last month
- Days on the market up 4%
- Median sales price was at $102,000 – a 7.3% increase in sales price
- Number of units down sold down 30% from last month which had increased 18% from the month before that
We hope you found this video helpful as you gather more information to make smart, informed real estate decisions. If you’d like more information or assistance, please feel free to contact us today.
For information on home sales in the Myrtle Beach Area, see video below: