Grand Strand Properties – Avista Resort Market Report

 

North Myrtle Beach,SC –  Below you will find the Market Report for  Avista Ocean Resort, located Oceanfront in the Ocean Drive area of North Myrtle Beach. Avista offers some of the best amenities on the beach.

  • Indoor / Outdoor Water Parks
  • Exclusive Indoor Corridors
  • Lounge / Bar
  • Fitness Center
  • Restaurant – Conference Facilities and much more!

To view current listing located at Avista Resort and other Oceanfront properties located on the Grand Strand CLICK HERE!

 

For May 2011

 

Active Listings  (26)

High Low Average Median
List Price $439,900 $123,500 $252,568 $245,950

Pendings (1)

High Low Average Median
List Price $110,000 $110,000 $110,000 $110,000

Sold (2) Through 05/01/2011 – 05/31/2011

High Low Average Median
List Price $269,900 $139,999 $204,949 $204,949
Sold Price $279,000 $125,000 $202,000 $202,000

 

  1. Unit #826 1Bd / 1Ba closed on 05/12/2011 for $125,000
  2. Unit#1509 3Bd / 3Ba closed on 05/19/2011 for $279,000
High Low Average
Days on Market 155 20 87

Would you like to see a market update or report for a particular property located in the Myrtle Beach / Grand Strand Area? Leave your comments and I will be more than willing to accommodate your requests. Getting that coastal lifestyle you deserve is now more affordable than ever.  Take advantage of this buyers market and call the beach home today! View Listings HERE

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New Grand Strand Properties – Market Update

For May 16th, 2011

Grand Strand, Myrtle Beach SC     Need help finding some North Myrtle Beach Real Estate Listings?  Below I have provided Grand Strand Properties that have just hit the market. MLS numbers have been provided for your reference.   If you like more info on these properties or others located here in the Myrtle Beach area, Visit Here

  • 4537 Southland, Longs SC  $60,000 (mls#1108623) This is a short sale
  • 4265 Rivergate Lane, Little River SC $139,900  (mls#1108610)  Rivergate is a 48 + Neighborhood with exterior and building maintenance taken care of with your HOA fees.
  • 1551 Spinnaker Dr Unit # 5813, North Myrtle Beach, SC  $149,900  (mls#1108645)  This condo is located within beautiful Tidewater Plantation
  • 901 West Port Dr Unit #1113, North Myrtle Beach,SC  $189,900  (mls#1108611)  Large Beautiful condo with designer lighting. Has an awesome view of lake and pool from oversized balcony.
  • 829 9th Ave. S. #57, North Myrtle Beach,SC  $199,975  (mls#1108629)  Home overlooks the community pool.  Walk to the beach!
  • 2483 Glencree Road, Little River,SC  $230,000  (mls#1108622) The HVAC (Central Heat/Central Air) new June 2010. There is also an enclosed outside shower off of the side garage door.
  • 4409-B N Plantation Harbour Dr North Myrtle Beach,SC  $349,000  (mls#1108613)  Great Location! Just over the Swing Bridge on Sea Mountain Hwy.
  • 317 21st Ave North, North Myrtle Beach,SC  $400,000  (mls#1108609)  Just blocks to Cherry Grove Beach!
  • 2301 Bentbill Circle North Myrtle Beach,SC  $799,000  (mls#1108628)  This exceptional custom-built home overlooks the beautiful 4th green of the Pete Dye golf course in Barefoot Resort & Golf.

Things are heating up here on the Grand Strand area so be sure to take advantage of this market and make that Coastal Lifestyle a reality today!

I’d like to be your, One-Stop Real Estate Shop.  Visit me HERE for all your Real Estate needs when it comes to Grand Strand Properties.

Sales Numbers Looking Better! – Myrtle Beach

10% Jump in September Existing Home Sales

Buyers Market


The Completed transactions are from the following property categories:
  • Single – Family
  • Townhouses
  • Condos
  • Co-ops

According to Freddie Mae, conventional fixed rates are at record lows this month 4.35%

Last September these rates were at a 4.43% fixed rate. For more rate info Click Here
The national median home price for all housing types was around $171,700 in September, which is 2.4% below a year ago. Distressed properties were 35% of sales in Sept compared with 34% in Aug, they were 29% in Sept 2009.
Food for thought. Do you know that from recently purchased homes the median monthly mortgage payment is several hundred dollars less than it was four-five years ago? In fact, the median monthly mortgage payment in most areas is cheaper than rent!
This market is a great buyers market. Especially for those who are looking for long-term holdings. With fixed rates at where they are today,long term position’s will benefit from savings year in,year out. This is a prime example of the power of home ownership, build wealth over time AND own the American Dream.
Existing-home sales by region: 

Northeast – increased 10.1% to an annual pace of 760k in Sept but are 20.8% below Sept 2009.  The median price in Northeast was around $239,200, which is 1.4% below where it was a year ago.

Midwest –  jumped 14.5% in Sept to a level of 950k but are 26.4% below a year ago.  The median price in the Midwest was $137,900, down 5.2% from Sept 2009
 
South –  sales rose 10.6% to a pace of 1.77 million in Sept but are 14.9% lower than Sept 2009.  The median price in the South was $149,500 down 2.6% from a year ago
. 
West – increased 5% to a level of 1.05 million in Sept but are 16.7% below a yr ago. The median price for that region was $213,600 which is 4.9% lower than Sept 2009.

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In Summary


  • Record low fixed rates
  • Ownership is cheaper than renting
  • Buyers market
  • Numbers are positive in all regions nationally
.