2023 Market Review for Garden City

GARDEN CITY SOUTH OF THE PIER

2023

ANNUAL REAL ESTATE MARKET REVIEW

BROUGHT TO YOU BY:

Cal Harrelson

843.331.2132 CoastalLivingSC.com cal.harrelson@peacesir.com

Some Photography Provided by Robbie Bischoff Photography

31

RESIDENTIAL HOMES

Homes Sold 41 in 2022

Homes South of the Pier

122

NOV 2023

DEC 2023 $1.83M

2

$1.83M

2

NOV 2023

2

OCT 2023

1

$1.59M

2

OCT 2023

2

SEPT 2023

MAY 2023

1

AUG 2023

4

JUL 2023

5

JUN 2023

4

2

JAN 2023

Average Sold Price $1,777,402 in 2022

4

APR 2023

7 6 5 4 3 2 1

MAR 2023

$1,602,932

TOTAL HOMES SOLD

Homes Sold South of the Pier for 2023

FEB 2023

Average Days on Market 120 in 2022

$1,470,000 Median Sold Price $1,555,000 in 2022

$1.72M

$2.12M

JUL 2023

AUG 2023

DEC 2023

$1.6M JUN 2023

SEPT 2023 $849K

$1.84M

$1.35M APR 2023

MAY 2023

$1.36M MAR 2023

$750,000

$1.31M

JAN 2023

Highest Valued Sale $4,170,000 in 2022

FEB 2023

2.5M 2M 1.5M 1M 500K

$1.56M

$2,892,500

AVERAGE HOME SALES PRICE

Average Home Sales Price South of the Pier for 2023

Lowest Valued Sale $119,000 in 2022

MEDIAN HOME SALES PRICE

$1.83M

$1.83M DEC 2023

$2.12M AUG 2023

NOV 2023

$1.72M JUL 2023

$1.59M

$1.6M JUN 2023

OCT 2023

$1.84M MAY 2023

SEPT 2023 $849K

1.72M APR 2023

MAR 2023 $1.23M

$1.17M

Total Sold Volume $72,873,500 in 2022

FEB 2023

$49,290,900

$1.63M

List vs Sold Price Ratio 96% in 2022

JAN 2023

94%

2.5M 2M 1.5M 1M 500K

Median Home Sales Price South of the Pier for 2023

Garden City | 2023 RESIDENTIAL HOME SALES SOUTH OF THE PIER ADDRESS

DOM

CLOSED ON

ASKING PRICE

SOLD PRICE

BED

BATH

1899 S Waccamaw Dr.

155

1/9/2023

$1,800,000

$1,625,000

6

4

214 Yucca Ave.

33

1/23/2023

$695,000

$625,000

4

2

885 S Waccamaw Dr.

29

2/7/2023

$1,900,000

$1,890,000

7

6

837 S Waccamaw Dr.

25

2/24/2023

$1,950,000

$1,950,000

8

7

551 S Waccamaw Dr.

115

2/28/2023

$1,389,000

$1,389,000

4

2

414 S Dogwood Dr.

155

3/13/2023

$1,250,000

$1,235,000

4

3

230 Dogwood Dr. S

148

3/17/2023

$1,175,000

$1,100,000

4

2/1

2252 Oyster Cove

59

3/17/2023

$2,200,000

$1,975,000

4

4

1838 South Waccamaw Dr.

140

3/22/2023

$1,295,000

$1,250,000

4

3

1474 S Waccamaw Dr.

69

3/28/2023

$1,100,000

$1,037,500

6

5/1

222 Dogwood Dr. S

69

4/5/2023

$950,000

$925,000

5

4

632 S Waccamaw Dr.

93

4/14/2023

$799,000

$750,000

3

2

324 S Waccamaw Dr.

25

5/5/2023

$1,535,000

$1,450,000

4

3

306 S Waccamaw Dr.

98

5/8/2023

$1,825,000

$1,825,000

10

8

2317 Sailfish Dr.

42

5/12/2023

$2,000,000

$2,000,000

4

2

801 South Waccamaw Dr.

41

5/12/2023

$2,199,000

$2,210,000

5

4/2

957 S Waccamaw Dr.

78

5/16/2023

$1,400,000

$1,000,000

4

2/1

1894 Dolphin St.

57

5/30/2023

$2,249,000

$2,000,000

5

4/3

242 Dogwood Dr. S

323

6/2/2023

$1,600,000

$1,350,000

5

5/1

2203 Oyster Cove

147

6/7/2023

$1,199,000

$1,100,000

5

4

1933 S Waccamaw Dr.

98

6/20/2023

$2,795,000

$2,585,000

6

4/2

1986 Pompano Dr.

654

6/29/2023

$1,598,500

$1,300,000

5

3

540 S Waccamaw Dr.

418

7/31/2023

$1,650,000

$1,600,000

6

6/1

646 Underwood Dr.

98

8/1/2023

$1,875,000

$1,825,000

5

5/2

2059 S Waccamaw Dr.

416

8/30/2023

$1,725,000

$1,625,000

7

4

318 S Waccamaw Dr.

104

9/8/2023

$1,495,000

$1,350,000

4

3

2329 Sailfish Dr.

138

9/29/2023

$2,995,000

$2,892,500

5

3/2

610 S Waccamaw Dr.

62

11/7/2023

$849,900

$849,900

4

3

612 Dogwood Dr. S

131

11/13/2023

$995,000

$875,000

4

2

1113 S Waccamaw Dr.

141

11/21/2023

$2,495,000

$2,320,000

7

7/1

RESIDENTIAL CONDOS Condos South of the Pier

56

1

3

1

DEC 2023

NOV 2023

OCT 2023

SEPT 2023

AUG 2023

JUL 2023

1

JAN 2023

Average Sold Price $403,664 in 2022

1

JUN 2023

7 6 5 4 3 2 1

MAY 2023

$417,142

TOTAL CONDOS SOLD

Condos Sold South of the Pier for 2023

FEB 2023

Average Days on Market 108 in 2022

APR 2023

Condos Sold 14 in 2022

MAR 2023

7

$355,000 Median Sold Price $334,500 in 2022

NOV 2023

DEC 2023

NOV 2023

DEC 2023

OCT 2023

SEPT 2023

AUG 2023

$545K JUL 2023

JUN 2023

MAY 2023

$460K APR 2023

MAR 2023 $321K

$295,000

$655K

Highest Valued Sale $650,000 in 2022

FEB 2023

700K 600K 500K 400K 300K

JAN 2023 $295K

$655,000

AVERAGE CONDO SALES PRICE

Average Condo Sales Price South of the Pier for 2023

Lowest Valued Sale $214,000 in 2022

MEDIAN CONDO SALES PRICE

OCT 2023

SEPT 2023

AUG 2023

$545K JUL 2023

JUN 2023

MAY 2023

$655K

$460K APR 2023

Total Sold Volume $5,651,300 in 2022

MAR 2023 $310K

$2,920,000

FEB 2023

List vs Sold Price Ratio 98% in 2022

JAN 2023 $295K

97%

700K 600K 500K 400K 300K

Median Condo Sales Price South of the Pier for 2023

Garden City | 2023 RESIDENTIAL CONDO SALES SOUTH OF THE PIER ADDRESS

DOM

CLOSED ON

ASKING PRICE

SOLD PRICE

BED

BATH

1582 S Waccamaw Dr., 38

57

1/20/2023

$299,900

$295,000

2

2

1398 Basin Terrace, 206

58

2/2/2023

$675,000

$655,000

2

2

1582 S Waccamaw Dr., 58

27

3/21/2023

$309,000

$300,000

2

2

1582 S Waccamaw Dr., 59

34

3/21/2023

$375,000

$355,000

2

2

1582 S Waccamaw Dr., 32

37

3/24/2023

$315,000

$310,000

2

2

200 N N Waccamaw Dr., 3D

56

4/28/2023

$479,000

$460,000

3

2/1

1398 Basin Dr., 309

126

7/27/2023

$550,000

$545,000

2

2

2252 Oyster Cove

59

3/17/2023

$2,200,000

$1,975,000

4

4

1838 South Waccamaw Dr.

140

3/22/2023

$1,295,000

$1,250,000

4

3

1474 S Waccamaw Dr.

69

3/28/2023

$1,100,000

$1,037,500

6

5/1

RESIDENTIAL HOMESITES Homes South of the Pier

150

1

NOV 2023

OCT 2023

SEPT 2023

AUG 2023

1

DEC 2023

2

JUL 2023

JAN 2023

Average Sold Price $711,083 in 2022

2

JUN 2023

7 6 5 4 3 2 1

MAY 2023

$974,583

TOTAL HOMESITES SOLD

Homesites Sold South of the Pier for 2023

FEB 2023

Average Days on Market 86 in 2022

APR 2023

Homesites Sold 6 in 2022

MAR 2023

6

$950,000 Median Sold Price $570,000 in 2022

1.02M DEC 2023

NOV 2023

OCT 2023

SEPT 2023

AUG 2023

JUL 2023

JUN 2023

950K

1.25M MAY 2023

$425,000

APR 2023

687K JAN 2023

Highest Valued Sale $1,599,000 in 2022

Average Homesite Sales Price South of the Pier for 2023

MAR 2023

1.5M 1.25M 1M 750K 500K

FEB 2023

$1,950,000

AVERAGE HOMESITES SALES PRICE

Lowest Valued Sale $282,500 in 2022

MEDIAN HOMESITES SALES PRICE

1.02M DEC 2023

NOV 2023

OCT 2023

SEPT 2023

AUG 2023

JUL 2023

JUN 2023

950K

1.25M MAY 2023

687K APR 2023

Total Sold Volume $4,266,500 in 2022

MAR 2023

$5,847,500

FEB 2023

List vs Sold Price Ratio 99% in 2022

Median Homesite Sales Price South of the Pier for 2023

JAN 2023

94%

1.5M 1.25M 1M 750K 500K

Garden City | 2023 RESIDENTIAL HOMESITE SALES SOUTH OF THE PIER ADDRESS

DOM

CLOSED ON

ASKING PRICE

SOLD PRICE

ACRES

1606 Dolphin St.

78

3/22/2023

$499,000

$425,000

0.29

2035 S Waccamaw Dr.

290

3/31/2023

$1,000,000

$950,000

0.25

2349 S Waccamaw Dr.

0

6/20/2023

$1,950,000

$1,950,000

0.30

546 S Waccamaw Dr.

71

6/21/2023

$625,000

$550,000

0.20

2051 S Waccamaw Dr.

202

10/25/2023

$995,000

$950,000

0.23

1505 Dolphin St.

261

12/15/2023

$1,150,000

$1,022,500

0.25

You have one life to live As you create your life’s legacy through family, friendships, and professional accomplishments - you need partners on the journey who take the time to understand who you are, who you are trying to become and the goals that define you.

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MEET CAL

MKT PERMIT NO. 115 Pawleys Island, SC 29585

35 Capers Way Pawleys Island, SC 29585 843.237.7711

A LUXURIOUS LIFESTYLE IS FOUND IN PEOPLE, PLACES AND EXPERIENCES THAT ARE EXCEPTIONAL.

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