June 2013 local report

Page 1

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

Andrews

+ 100.0%

--

- 18.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

Year to Date

Single-Family Properties

2012

2013

+/–

2012

2013

+/–

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

3 0 $0 0.0% 0 30

5 2 $61,250 84.6% 103 25

+ 66.7% ----- 16.7%

21 8 $75,000 91.2% 245 --

26 7 $72,500 85.7% 101

+ 23.8% - 12.5% - 3.3% - 6.1% - 58.7% --

June

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

0 0 $0 0.0% 0 2

2013 1 0 $0 0.0% 0 1

--

Year to Date +/–

2012

------ 50.0%

0 0 $0 0.0% 0 --

2013 1 2 $200,000 84.2% 177 --

+/– -------

* 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

All MLS Andrews

+ 600%

+ 10%

+ 500%

+ 5%

+ 400%

0%

+ 300%

- 5%

+ 200%

- 10%

+ 100%

- 15%

0%

- 20%

- 100% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

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.


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

Aynor

+ 200.0%

+ 100.0%

+ 6.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

2 2 $138,250 77.3% 41 30

6 4 $106,850 92.3% 108 32

+ 200.0% + 100.0% - 22.7% + 19.5% + 162.2% + 6.7%

34 8 $125,000 91.5% 122 --

37 17 $106,850 93.4% 176

+ 8.8% + 112.5% - 14.5% + 2.0% + 43.6% --

June

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

0 0 $0 0.0% 0 0

2013 0 0 $0 0.0% 0 0

--

Year to Date +/–

2012

-------

0 0 $0 0.0% 0 --

2013 0 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%

All MLS Aynor

b a

+ 10%

+ 30%

+ 5%

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

- 30%

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 25% 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.


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

Carolina Forest

- 26.4%

0.0%

- 12.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

99 53 $150,000 97.9% 168 386

73 57 $160,000 97.5% 136 331

- 26.3% + 7.5% + 6.7% - 0.4% - 18.7% - 14.2%

508 249 $138,000 97.3% 158 --

559 342 $159,900 96.7% 146

+ 10.0% + 37.3% + 15.9% - 0.6% - 7.6% --

June

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

22 15 $86,000 95.0% 197 126

2013 16 11 $108,000 94.8% 165 116

--

Year to Date +/–

2012

- 27.3% - 26.7% + 25.6% - 0.3% - 16.3% - 7.9%

145 80 $82,000 95.0% 158 --

2013 122 75 $86,250 95.9% 175 --

+/– - 15.9% - 6.3% + 5.2% + 1.0% + 10.8% --

* 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

All MLS Carolina Forest

+ 25%

+ 15%

+ 20%

+ 10%

+ 15%

+ 5%

+ 10%

0%

+ 5%

- 5%

0%

- 10%

- 5%

- 15%

- 10%

- 20%

- 15%

- 25%

- 20%

- 30%

- 25% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 35% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

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.


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

Conway

+ 22.9%

- 12.3%

- 5.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

98 64 $121,500 96.9% 197 643

128 53 $121,900 97.5% 138 625

+ 30.6% - 17.2% + 0.3% + 0.6% - 30.1% - 2.8%

612 312 $120,000 95.5% 192 --

826 367 $126,000 96.3% 159

+ 35.0% + 17.6% + 5.0% + 0.9% - 17.3% --

June

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

7 1 $65,000 93.0% 353 63

2013 1 4 $114,000 96.1% 101 41

--

Year to Date +/–

2012

- 85.7% + 300.0% + 75.4% + 3.3% - 71.5% - 34.9%

72 32 $60,400 93.5% 160 --

2013 36 20 $57,500 90.5% 119 --

+/– - 50.0% - 37.5% - 4.8% - 3.3% - 25.4% --

* 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%

All MLS Conway

b 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

1-2013

- 40% 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.


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

Garden City / Murrells Inlet

0.0%

- 27.8%

- 6.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

32 27 $271,651 97.1% 171 238

31 20 $185,950 97.6% 176 220

- 3.1% - 25.9% - 31.5% + 0.5% + 2.9% - 7.6%

247 130 $233,015 94.8% 169 --

282 140 $237,770 95.8% 185

+ 14.2% + 7.7% + 2.0% + 1.1% + 9.8% --

June

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 13 6 $96,750 92.7% 157 114

12 9 $140,000 92.4% 190 118

--

Year to Date +/–

2012

+ 8.3% - 33.3% - 30.9% + 0.3% - 17.3% - 3.4%

91 38 $183,500 93.2% 194 --

2013 108 47 $150,000 93.5% 198 --

+/– + 18.7% + 23.7% - 18.3% + 0.3% + 2.0% --

* 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 Garden City / Murrells Inlet

+ 100%

All MLS Garden City / Murrells Inlet

b a

+ 60% + 50%

+ 80% + 40% + 60% + 30% + 40%

+ 20%

+ 20%

+ 10% 0%

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

1-2009

1-2010

1-2011

1-2012

1-2013

- 30% 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.


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

Georgetown

- 15.6%

- 18.8%

- 1.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

28 15 $43,750 87.1% 179 255

24 12 $177,500 95.8% 172 247

- 14.3% - 20.0% + 305.7% + 9.9% - 4.3% - 3.1%

155 61 $118,700 89.9% 192 --

147 77 $163,500 91.4% 236

- 5.2% + 26.2% + 37.7% + 1.7% + 22.7% --

June

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

4 1 $349,000 100.0% 880 34

2013 3 1 $67,500 100.0% 133 39

--

Year to Date +/–

2012

- 25.0% 0.0% - 80.7% 0.0% - 84.9% + 14.7%

20 11 $172,250 87.0% 337 --

2013 21 4 $67,500 90.9% 165 --

+/– + 5.0% - 63.6% - 60.8% + 4.6% - 51.0% --

* 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 Georgetown

+ 80%

All MLS Georgetown

b a

+ 1200%

+ 1000%

+ 60%

+ 800% + 40% + 600% + 20% + 400% 0% + 200%

- 20%

- 40% 1-2008

0%

1-2009

1-2010

1-2011

1-2012

1-2013

- 200% 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.


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

Little River

+ 9.1%

- 13.5%

- 2.8%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

68 48 $169,760 94.3% 171 443

82 40 $172,930 94.8% 146 460

+ 20.6% - 16.7% + 1.9% + 0.5% - 14.8% + 3.8%

460 204 $170,800 93.9% 186 --

548 249 $171,655 94.8% 166

+ 19.1% + 22.1% + 0.5% + 1.0% - 10.5% --

June

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 74 37 $87,500 95.3% 208 511

75 41 $120,000 92.0% 210 556

--

Year to Date +/–

2012

- 1.3% - 9.8% - 27.1% + 3.5% - 0.9% - 8.1%

496 225 $110,000 92.0% 179 --

2013 529 238 $99,500 93.4% 174 --

+/– + 6.7% + 5.8% - 9.5% + 1.5% - 2.7% --

* 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 Little River

All MLS Little River

b 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

1-2013

- 25% 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.


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

Loris

+ 33.3%

+ 130.8%

+ 15.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

23 13 $131,650 93.1% 296 167

29 27 $122,043 96.6% 136 185

+ 26.1% + 107.7% - 7.3% + 3.8% - 54.1% + 10.8%

156 62 $118,263 93.1% 210 --

204 90 $104,500 92.5% 171

+ 30.8% + 45.2% - 11.6% - 0.6% - 18.9% --

June

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

1 0 $0 0.0% 0 15

2013 3 3 $90,000 95.2% 82 26

--

Year to Date +/–

2012

+ 200.0% ----+ 73.3%

3 0 $0 0.0% 0 --

2013 28 8 $84,500 93.4% 107 --

+/– + 833.3% ------

* 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 Loris

+ 40%

All MLS Loris

b 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

1-2013

- 30% 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.


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

Myrtle Beach

+ 8.8%

+ 6.8%

- 12.9%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

78 40 $224,495 97.0% 182 437

89 52 $249,196 94.5% 161 423

+ 14.1% + 30.0% + 11.0% - 2.6% - 11.9% - 3.2%

467 214 $224,495 94.6% 194 --

565 277 $238,444 95.3% 173

+ 21.0% + 29.4% + 6.2% + 0.7% - 11.1% --

June

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

183 151 $108,000 93.8% 164 1,571

2013 195 152 $115,000 95.0% 142 1,326

--

Year to Date +/–

2012

+ 6.6% + 0.7% + 6.5% + 1.3% - 13.8% - 15.6%

1,441 782 $95,000 94.0% 173 --

2013 1,462 872 $100,000 94.2% 166 --

+/– + 1.5% + 11.5% + 5.3% + 0.3% - 4.3% --

* 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 Myrtle Beach

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

1-2013

- 50% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

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.


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

North Myrtle Beach

+ 17.4%

- 33.3%

- 18.4%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

30 13 $235,000 93.3% 174 220

43 17 $210,000 95.0% 164 213

+ 43.3% + 30.8% - 10.6% + 1.8% - 5.7% - 3.2%

226 109 $232,000 93.8% 178 --

242 101 $243,000 94.5% 175

+ 7.1% - 7.3% + 4.7% + 0.8% - 1.9% --

June

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

91 92 $165,000 94.4% 180 769

2013 99 53 $179,500 95.8% 209 594

--

Year to Date +/–

2012

+ 8.8% - 42.4% + 8.8% + 1.5% + 15.8% - 22.8%

670 415 $165,000 94.0% 182 --

2013 648 351 $172,000 95.5% 198 --

+/– - 3.3% - 15.4% + 4.2% + 1.6% + 8.4% --

* 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

All MLS North Myrtle Beach

+ 20%

+ 15%

+ 15%

+ 10%

+ 10%

b 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

1-2013

- 30% 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.


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

Pawleys Island / Litchfield

- 9.7%

- 24.4%

- 4.2%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

54 23 $276,500 95.0% 202 440

58 18 $314,875 96.6% 244 436

+ 7.4% - 21.7% + 13.9% + 1.7% + 20.4% - 0.9%

293 116 $298,000 92.9% 211 --

311 130 $329,750 93.6% 226

+ 6.1% + 12.1% + 10.7% + 0.8% + 6.9% --

June

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

39 18 $111,000 93.6% 353 349

2013 26 13 $110,950 90.5% 214 320

--

Year to Date +/–

2012

- 33.3% - 27.8% - 0.0% - 3.4% - 39.4% - 8.3%

205 79 $135,000 92.3% 240 --

2013 199 83 $128,000 91.0% 194 --

+/– - 2.9% + 5.1% - 5.2% - 1.4% - 19.1% --

* 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 Pawleys Island / Litchfield

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

1-2013

- 40% 1-2008

1-2009

1-2010

1-2011

1-2012

b a

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.


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

Socastee

+ 72.7%

+ 13.8%

- 33.7%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

27 22 $132,450 97.8% 144 175

53 28 $147,000 98.2% 154 120

+ 96.3% + 27.3% + 11.0% + 0.5% + 6.7% - 31.4%

191 102 $133,500 97.3% 140 --

205 125 $141,100 96.8% 159

+ 7.3% + 22.5% + 5.7% - 0.5% + 13.7% --

June

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 4 5 $29,900 96.2% 119 41

6 7 $48,000 95.7% 248 68

--

Year to Date +/–

2012

- 33.3% - 28.6% - 37.7% + 0.5% - 52.1% - 39.7%

72 38 $49,450 93.0% 148 --

2013 60 41 $29,700 87.7% 187 --

+/– - 16.7% + 7.9% - 39.9% - 5.7% + 26.3% --

* 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.


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

Surfside Beach

- 11.1%

+ 1.7%

- 22.0%

Change in New Listings All Properties

Change in Closed Sales All Properties

Change in Inventory of Homes All Properties

June

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

+/–

49 33 $240,000 94.6% 190 238

30 33 $209,340 97.5% 181 180

- 38.8% 0.0% - 12.8% + 3.0% - 5.0% - 24.4%

289 171 $205,500 95.2% 182 --

273 175 $190,000 95.7% 170

- 5.5% + 2.3% - 7.5% + 0.5% - 6.4% --

June

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 34 27 $65,000 93.3% 175 153

23 26 $97,250 92.5% 170 189

--

Year to Date +/–

2012

+ 47.8% + 3.8% - 33.2% + 0.9% + 3.1% - 19.0%

187 110 $70,000 92.1% 177 --

2013 216 127 $66,500 93.4% 153 --

+/– + 15.5% + 15.5% - 5.0% + 1.5% - 13.4% --

* 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

+ 20%

All MLS Surfside Beach

b a

+ 30%

+ 15%

+ 20%

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

- 15%

- 20% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

- 40% 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.


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