Myrtle Beach, SC
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

15

SINGLE FAMILY HOMES

Condos

22

CONDOS

Townhouses

5

TOWNHOUSES

MEANWHILE...

117

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$170k
$2k
$154k$177k$200kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
3Homes
1-3
MONTHS
13Homes
OVER
3 MONTHS
30Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

114
DAYS
14%
92112131151170NovOctSepAugJulJun

And finally...What's the hottest street in

Myrtle Beach

n ocean blvd

NEARBY REAL ESTATE TRENDS

For November 2016, Myrtle Beach, SC has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Myrtle Beach, SC was 1,529 and 46 homes were sold.