December 2015 Myrtle Beach Real Estate Market

Happy Holidays to All!

We are only a few days away from Christmas!

I am excited to report that we are going to finish the year strong. So many people think that the market slows down in the winter along the Grand Strand yet the numbers tell a different story.

Here are some facts for November 2015: (As of 12/7/15)

There was a total of 484 residential home sales in November. (Average 171 Days)

There was a total of 278 condo sales in November. (Average 181 Days)

There was a total of 81 lot sales in November. (Average 435 Days)

As you can see, things are still very active right now.

We believe we will have one of the best Decembers we have had in years. Based on the volume of incoming buyer calls, it appears that we may book more appointments to show property this December than we did in the last few. This comes at a great time because there are fewer listings for sale right now. This means the properties listed right now have more of a chance of selling because there is less competition on the market. It always comes back to supply and demand.

Another thing I am happy to report is that showings on our listings in the last 2 weeks have increased by 30%. We know that the more showings we have, the more properties will sell. So, not only are our listings showing more but we are also scheduling more buyer appointments.

If you are thinking of engaging in a real estate transaction next year, we would love to send you some reports to make sure you have the information needed to make informed decisions. 

What will you do next year? Please contact us for information and guidance!

For those that are considering buying or selling, we will make sure that we send you some information that may help you maximize the benefits of a real estate transaction.

This may be our last real estate update until the new year so we hope you have a wonderful holiday.

Please let us know how we can best serve you in 2016.

~Greg Harrelson

Century 21 The Harrelson Group in Myrtle Beach
Century 21 Barefoot Realty in North Myrtle Beach