August Myrtle Beach MARKET UPDATE

Dated: 08/20/2019

Views: 22

August Myrtle Beach Market Update

In my latest Myrtle Beach market, I have some great news for home sellers as we move through August. According to the latest numbers, now’s the time to put your home on the market. 

This past month, the number of single-family resale home sales rose 1.3%, and the median price rose 7.3%. Inventory, meanwhile, dropped 1.9% to 5.2 months. Prices rose for both condos (7%) and new construction homes (7.3%), too. Additionally, interest rates recently hit a three-year low and are hovering in the 3% range. 

To find out more about our Myrtle Beach market, and why now is a great time for buyers to take advantage of it as well, call now 843-603-5552 and ask for your no obligation market value report specific to your home or for a quick automated estimate ( click here ).  

Blog author image

Wayne Gaddy

Experienced Top Producing Real Estate Broker/REALTOR® specializing in the Purchase and Sale of Residential Homes, Condos, Vacation Homes, New Homes and Investment Property. A Realtor® who has a prov....

Latest Blog Posts

August Myrtle Beach MARKET UPDATE

August Myrtle Beach Market UpdateIn my latest Myrtle Beach market, I have some great news for home sellers as we move through August. According to the latest numbers, now’s the time to put your

Read More

Are You Killing Your Curb Appeal

1. Overgrown LawnGoing ‘au naturel’ may be in vogue this season when it comes to grooming your brows, but not when it comes to your lawn maintenance. When a prospective homebuyer is pulling up

Read More

Aug 12 2019 64017 1

Beautiful beaches attract lots of people every year, especially during the summer. Some of us love the view of the ocean, the breeze, sunny weather and fun with friends.  If you are

Read More

Rent Vs Own

Rent Vs. Own [INFOGRAPHIC] 2.1KSHARES 1.9K 82 36 115 Some Highlights: Owning your own home vs. renting may lead to some great options, such as locking in your monthly

Read More