Each month, I share a brief market update to keep you informed and confident as a property owner. Below are the latest trends for South Carolina and Myrtle Beach as of November 2025—along with a helpful video:
South Carolina Market Overview
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Residential sales are up 10% year-over-year, showing strong statewide momentum.
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Median sale price reached $339,000. Sellers are pricing more realistically, with homes selling for an average of 97.7% of the list price.
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Active inventory increased 22% to 31,369 homes, offering buyers more options and driving competitive pricing.
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Average days on market rose to 75, signaling a shift toward a more balanced, buyer-friendly environment.
Myrtle Beach Insights
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Single-family homes are leading the rebound: pending sales jumped 24%, and closed sales climbed nearly 10%.
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Condos are stabilizing, with pending condo sales up 21%+.
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Median prices: $328,000 for single-family homes; condos holding steady near $240,000.
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Negotiation leverage favors buyers, with most properties selling below the asking price.
What’s Driving These Shifts?
Recent mortgage rates, which have dipped to around 6.0%, have sparked increased buyer activity.
Rising inventory is giving buyers more choices and negotiating power, while sellers benefit when they price correctly from the start to avoid multiple price reductions. Homes are still selling well—strategic pricing and preparation are key.
As your local resource, I’m here to help you make sense of these trends and how they impact your property. If you’d like a personalized property value update or want to discuss opportunities in today’s evolving market, simply reply to this email or reach out anytime.
Thank you for trusting me as your real estate guide. I look forward to supporting your goals in the months ahead!
