Page 1

Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Andrews

- 40.0%

- 50.0%

+ 68.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

5 2 $412,450 98.7% 101 22

3 1 $47,000 107.1% 114 35

- 40.0% - 50.0% - 88.6% + 8.4% + 12.9% + 59.1%

12 5 $49,900 81.3% 236 --

11 5 $56,800 84.9% 144

- 8.3% 0.0% + 13.8% + 4.4% - 39.0% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 3 0.0

2012 0 0 $0 0.0% 2 2.0

--

Year to Date +/–

2011

----- 33.3% --

0 0 $0 0.0% ---

2012 0 0 $0 0.0% ---

+/– -------

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Andrews

+ 80%

b

All MLS Andrews

a

0%

+ 60% - 5% + 40% - 10%

+ 20%

0%

- 15%

- 20% - 20% - 40%

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Aynor

- 50.0%

- 100.0%

- 16.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

8 2 $157,450 100.0% 113 30

4 0 $0 0.0% 0 25

- 50.0% - 100.0% - 100.0% - 100.0% - 100.0% - 16.7%

15 5 $123,000 95.0% 116 --

15 4 $121,000 96.4% 161

0.0% - 20.0% - 1.6% + 1.5% + 39.2% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 0 0.0

2012 0 0 $0 0.0% 0 0.0

--

Year to Date +/–

2011

-------

0 0 $0 0.0% ---

2012 0 0 $0 0.0% ---

+/– -------

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Aynor

+ 40%

b

All MLS Aynor

a

0%

+ 30% - 5% + 20%

+ 10%

- 10%

0% - 15%

- 10%

- 20% - 20% - 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Carolina Forest

+ 9.7%

0.0%

- 18.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

85 41 $127,000 99.0% 154 412

96 43 $125,000 95.4% 161 336

+ 12.9% + 4.9% - 1.6% - 3.6% + 4.7% - 18.4%

233 111 $147,500 97.2% 164 --

232 88 $132,000 96.7% 160

- 0.4% - 20.7% - 10.5% - 0.4% - 2.5% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 40 17 $66,500 95.6% 147 9.6

39 19 $85,000 97.2% 182 14.3

--

Year to Date +/–

2011

+ 2.6% - 10.5% - 21.8% - 1.7% - 19.2% - 32.5%

94 37 $82,450 93.4% ---

2012 91 31 $76,500 94.9% ---

+/– - 3.2% - 16.2% - 7.2% + 1.5% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Carolina Forest

+ 10%

b

All MLS Carolina Forest

a

+ 10% + 5%

+ 5% 0% 0% - 5% - 5%

- 10%

- 10%

- 15% - 20%

- 15% - 25% - 20% - 30% - 25% 1-2008

1-2009

1-2010

1-2011

1-2012

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Conway

- 0.8%

- 8.5%

- 20.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

115 59 $124,500 94.5% 171 745

107 53 $123,250 93.3% 179 592

- 7.0% - 10.2% - 1.0% - 1.2% + 4.2% - 20.5%

383 139 $129,000 94.2% 176 --

294 130 $125,000 95.2% 173

- 23.2% - 6.5% - 3.1% + 1.1% - 1.4% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 20 12 $66,700 94.5% 71 12.7

13 12 $67,500 89.4% 75 10.5

--

Year to Date +/–

2011

+ 53.8% 0.0% - 1.2% + 5.7% - 5.3% + 21.2%

32 20 $75,000 89.0% ---

2012 46 18 $64,250 93.5% ---

+/– + 43.8% - 10.0% - 14.3% + 5.1% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Conway

+ 10%

b

All MLS Conway

a

+ 40%

+ 30% + 5% + 20% 0% + 10%

0%

- 5%

- 10% - 10% - 20% - 15% - 30%

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Garden City / Murrells Inlet

+ 5.9%

+ 133.3%

+ 7.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

34 10 $469,750 87.2% 292 203

36 22 $236,000 92.9% 179 217

+ 5.9% + 120.0% - 49.8% + 6.6% - 38.6% + 6.9%

72 22 $328,040 89.0% 247 --

113 59 $221,288 93.4% 176

+ 56.9% + 168.2% - 32.5% + 4.9% - 28.9% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

17 2 $149,500 92.6% 105 16.2

2012 18 6 $184,500 91.8% 108 17.8

--

Year to Date +/–

2011

+ 5.9% + 200.0% + 23.4% - 0.9% + 2.9% + 9.9%

44 15 $168,810 89.4% ---

2012 50 14 $169,500 91.9% ---

+/– + 13.6% - 6.7% + 0.4% + 2.9% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Garden City / Murrells Inlet

+ 100%

+ 40%

+ 80%

+ 30%

+ 60%

+ 20%

+ 40%

+ 10%

+ 20%

0%

0%

- 10%

- 20%

- 20%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

b

All MLS Garden City / Murrells Inlet

- 30% 1-2008

1-2009

1-2010

1-2011

a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Georgetown

- 32.6%

+ 37.5%

- 20.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

44 7 $122,500 93.7% 275 269

28 11 $153,900 94.8% 174 226

- 36.4% + 57.1% + 25.6% + 1.1% - 36.7% - 16.0%

98 22 $121,000 89.8% 234 --

77 27 $151,950 92.0% 222

- 21.4% + 22.7% + 25.6% + 2.5% - 5.2% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2 1 $756,000 86.4% 52 34.7

2012 3 0 $0 0.0% 37 16.4

--

Year to Date +/–

2011

+ 50.0% - 100.0% - 100.0% - 100.0% - 28.8% - 52.6%

8 3 $660,000 84.3% ---

2012 8 1 $350,000 73.6% ---

+/– 0.0% - 66.7% - 47.0% - 12.7% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Georgetown

+ 60%

b

All MLS Georgetown

a

+ 1200%

+ 50% + 1000% + 40% + 800%

+ 30% + 20%

+ 600%

+ 10% + 400%

0% - 10%

+ 200%

- 20% 0% - 30% - 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 200% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Little River

- 26.2%

- 2.4%

- 18.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

89 26 $159,380 95.0% 198 530

80 35 $181,990 94.2% 211 432

- 10.1% + 34.6% + 14.2% - 0.8% + 6.5% - 18.5%

246 71 $182,320 94.6% 186 --

235 99 $170,000 94.1% 193

- 4.5% + 39.4% - 6.8% - 0.6% + 3.8% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

117 56 $165,900 94.1% 639 20.2

2012 72 45 $100,000 91.0% 555 17.0

--

Year to Date +/–

2011

- 38.5% - 19.6% - 39.7% - 3.3% - 13.1% - 15.6%

257 108 $132,500 93.5% ---

2012 243 96 $108,900 91.5% ---

+/– - 5.4% - 11.1% - 17.8% - 2.2% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Little River

b

All MLS Little River

a

+ 15%

+ 15%

+ 10%

+ 10%

+ 5% + 5% 0% 0% - 5% - 5% - 10% - 10% - 15% - 15%

- 20% 1-2008

- 20%

1-2009

1-2010

1-2011

1-2012

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Loris

+ 5.7%

+ 220.0%

- 16.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

35 5 $98,500 96.3% 295 186

36 16 $120,000 93.5% 216 154

+ 2.9% + 220.0% + 21.8% - 2.9% - 27.0% - 17.2%

108 19 $111,000 93.6% 161 --

81 25 $120,950 94.0% 210

- 25.0% + 31.6% + 9.0% + 0.4% + 30.6% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

0 0 $0 0.0% 7 3.8

2012 1 0 $0 0.0% 7 4.7

--

Year to Date +/–

2011

----0.0% + 22.2%

3 1 $115,000 100.0% ---

2012 2 0 $0 0.0% ---

+/– - 33.3% - 100.0% - 100.0% - 100.0% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Loris

+ 40%

b

All MLS Loris

a

+ 40%

+ 30%

+ 30%

+ 20% + 20% + 10% + 10% 0% 0% - 10% - 10% - 20% - 20%

- 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Myrtle Beach

- 22.2%

- 22.3%

- 19.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

96 35 $262,570 93.4% 189 513

90 27 $197,500 93.7% 183 415

- 6.3% - 22.9% - 24.8% + 0.3% - 3.2% - 19.1%

241 77 $207,541 93.7% 190 --

226 84 $222,830 94.6% 198

- 6.2% + 9.1% + 7.4% + 0.9% + 4.1% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 243 126 $89,500 93.4% 1,533 11.5

332 162 $90,300 93.8% 1,889 14.8

--

Year to Date +/–

2011

- 26.8% - 22.2% - 0.9% - 0.4% - 18.8% - 22.0%

875 360 $90,050 94.6% ---

2012 759 318 $89,500 93.6% ---

+/– - 13.3% - 11.7% - 0.6% - 1.0% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Myrtle Beach

+ 40%

+ 30%

+ 30%

+ 20%

+ 20%

+ 10%

+ 10%

0%

0%

- 10%

- 10%

- 20%

- 20%

- 30%

- 30%

- 40%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

b

All MLS Myrtle Beach

- 50% 1-2008

1-2009

1-2010

1-2011

a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

North Myrtle Beach

+ 10.2%

- 18.5%

- 2.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

41 20 $269,137 92.5% 164 206

41 12 $265,000 94.2% 153 202

0.0% - 40.0% - 1.5% + 1.8% - 6.8% - 1.9%

107 55 $254,900 92.9% 202 --

107 48 $240,000 93.3% 162

0.0% - 12.7% - 5.8% + 0.4% - 19.8% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

116 72 $168,500 93.0% 825 15.4

2012 132 63 $166,250 93.5% 841 14.8

--

Year to Date +/–

2011

+ 13.8% - 12.5% - 1.3% + 0.6% + 1.9% - 3.9%

354 143 $174,000 94.1% ---

2012 356 147 $165,000 93.1% ---

+/– + 0.6% + 2.8% - 5.2% - 1.0% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS North Myrtle Beach

+ 20%

+ 15%

+ 15%

+ 10%

+ 10%

b

All MLS North Myrtle Beach

a

+ 5%

+ 5% 0% 0% - 5% - 5% - 10% - 10% - 15% - 15% - 20%

- 20%

- 25%

- 25% - 30% 1-2008

1-2009

1-2010

1-2011

1-2012

- 30% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Pawleys Island / Litchfield

- 10.9%

+ 14.7%

- 9.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

67 23 $275,000 95.4% 221 472

52 26 $295,900 92.6% 225 428

- 22.4% + 13.0% + 7.6% - 2.9% + 1.7% - 9.3%

185 43 $274,500 93.7% 216 --

164 49 $293,800 92.4% 222

- 11.4% + 14.0% + 7.0% - 1.4% + 3.1% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

25 11 $170,000 91.6% 342 32.8

2012 30 13 $140,000 90.1% 333 30.3

--

Year to Date +/–

2011

+ 20.0% + 18.2% - 17.6% - 1.6% - 2.6% - 7.8%

88 25 $145,250 92.0% ---

2012 99 31 $151,500 90.8% ---

+/– + 12.5% + 24.0% + 4.3% - 1.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Pawleys Island / Litchfield

+ 50%

+ 60%

+ 40%

+ 50%

+ 30%

+ 40%

+ 20%

+ 30%

+ 10%

+ 20%

0%

+ 10%

- 10%

0%

- 20%

- 10%

- 30%

- 20%

- 40%

- 30%

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

b

All MLS Pawleys Island / Litchfield

- 40% 1-2008

1-2009

1-2010

1-2011

a

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

- 7.1%

+ 16.7%

- 8.1%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

33 13 $128,450 96.0% 137 177

28 16 $126,000 95.7% 147 164

- 15.2% + 23.1% - 1.9% - 0.4% + 7.4% - 7.3%

99 40 $135,000 96.0% 165 --

92 34 $129,000 96.8% 157

- 7.1% - 15.0% - 4.4% + 0.9% - 4.5% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 11 5 $95,000 96.5% 68 13.4

9 5 $26,000 92.4% 67 16.1

--

Year to Date +/–

2011

+ 22.2% 0.0% + 265.4% + 4.5% + 1.5% - 16.8%

22 10 $33,950 91.3% ---

2012 46 16 $62,700 96.5% ---

+/– + 109.1% + 60.0% + 84.7% + 5.7% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Socastee

b

All MLS Socastee

+ 30%

+ 50%

+ 25%

+ 40%

a

+ 30%

+ 20%

+ 20%

+ 15%

+ 10% + 10% 0% + 5% - 10% 0% - 20% - 5%

- 30%

- 10%

- 40%

- 15% - 20% 1-2008

- 50%

1-2009

1-2010

1-2011

1-2012

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.


Local Market Update – March 2012 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Surfside Beach

- 1.2%

- 10.4%

- 18.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

March

Single-Family Properties New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale

Year to Date

2011

2012

+/–

2011

2012

+/–

48 34 $200,000 92.7% 237 282

49 28 $165,736 94.0% 173 233

+ 2.1% - 17.6% - 17.1% + 1.4% - 27.0% - 17.4%

147 56 $202,500 93.5% 214 --

148 75 $205,410 94.7% 191

+ 0.7% + 33.9% + 1.4% + 1.3% - 10.5% --

March

Condo Properties

2011

New Listings Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventoryy of Homes for Sale

2012 36 15 $74,000 93.1% 198 11.8

38 14 $54,500 86.5% 252 18.1

--

Year to Date +/–

2011

- 5.3% + 7.1% + 35.8% + 7.6% - 21.4% - 35.0%

108 38 $58,450 89.3% ---

2012 103 47 $60,000 91.0% ---

+/– - 4.6% + 23.7% + 2.7% + 1.9% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties

Condo Properties All MLS Surfside Beach

+ 15%

b

All MLS Surfside Beach

a

+ 10% + 5%

+ 10% 0% + 5% - 5% 0%

- 10%

- 5%

- 15% - 20%

- 10% - 25% - 15% - 30% - 20% 1-2008

1-2009

1-2010

1-2011

1-2012

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Powered by 10K Research and Marketing. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.

2012 March Local Reports  

Combined local reports from March, 2012