Market OutLook – Grand Strand Real Estate


Market Outlook for October,2010




October Active / Pending Listings

Homes:  (705)
Average Price :  $274,120

Condo / Townhome : ( 556)
Average Price : $178,913

Land : (289)
Average Price:  $191,522

Commercial : (56)
Average Price :  $479,873

October Sold Listings

Homes: (237)
Average Price:  $217,443

Condo / Townhome:  (204)
Average Price:  $148,248

Land:  (51)
Average Price:  $126,264

Commercial:  (16)
Average Price:  $46,672

**Data above is a sole representation of new listings and sold listings for the month of October**

If your looking to buy Real Estate in North Myrtle Beach or anywhere else on the Grand Strand, now is the time. With Fall in full swing, Inventory prices are typically at their lows these last few months of the year so take advantage.
Along with low prices, rates are at record lows!

  • 30 yr fixed 4.35%
  • 15 yr fixed 3.80%
  • 5/1 Arm 3.32%
Rates above were pulled from Bankrate.com on 11/01/10
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s