Myrtle Beach Real Estate: Signs of a Shift
I keep a close watch on the local market, and I’m starting to see a slight uptick in activity compared to the past few months. While we’re not in a red-hot market, sellers are beginning to notice more showings.
Curious about where the market is heading? Watch the video below for insights, and check out the latest market statistics as of February 12, 2025.
📹 Video: Where is the Myrtle Beach Market Heading?
Single-Family Homes (Excluding New Construction)
- Months’ Supply: 4.3 months (+26.5%)
- List Price / Sell Price Ratio: 96.1%
- Homes Sold in January: 329
- Showings per Sale: 13.2
- Days on Market: 97
Condo Market
- Months’ Supply: 47 months (+45.8%)
- List Price / Sell Price Ratio: 95.7%
- Condos Sold in January: 298
- Showings per Sale: 9.4
- Days on Market: 105
Good News on Insurance Costs!
Insurance premiums are finally starting to decline, thanks to more carriers offering policies in the state. If you haven’t reviewed your homeowner’s insurance recently, now might be a great time to get a new quote and potentially save money.
Thinking of Selling in 2025?
Let’s connect! I’ll walk you through my proven strategy to get your property and discuss how I handle buyer agent compensation. Call me today!
