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Local Market Update – April 2013 A RESEARCH TOOL PROVIDED BY THE COASTAL CAROLINAS ASSOCIATION OF REALTORS®

Socastee

- 6.7%

+ 17.4%

- 23.6%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

April

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

2012

2013

+/–

2012

2013

+/–

29 14 $159,000 98.4% 100 174

33 23 $129,900 96.8% 143 145

+ 13.8% + 64.3% - 18.3% - 1.6% + 42.8% - 16.7%

127 52 $136,527 97.4% 143 --

133 68 $140,000 96.2% 176

+ 4.7% + 30.8% + 2.5% - 1.2% + 23.2% --

April

Condo Properties

2012

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

2013 9 4 $40,750 87.0% 158 43

16 9 $50,000 91.2% 116 72

--

Year to Date +/–

2012

- 43.8% - 55.6% - 18.5% - 4.7% + 36.2% - 40.3%

61 27 $50,000 93.0% 125 --

2013 45 17 $26,000 87.9% 106 --

+/– - 26.2% - 37.0% - 48.0% - 5.5% - 15.3% --

* 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 Socastee

+ 30%

All MLS Socastee

b a

+ 60%

+ 25% + 40% + 20% + 15% + 20% + 10% + 5%

0%

0% - 20% - 5% - 10% - 40% - 15% - 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 60% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

** 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.

April, 2013 Local Reports  
April, 2013 Local Reports  
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