Myrtle Beach Real Estate by Mirela

Myrtle Beach Condo Market - Third Quarte 2007 Report

Myrtle Beach Condo Market - Third Quarter 2007 Report

 

Condo Area Activity for the past 3 months:

June 27 - September 27, 2007

 

Entire Grand Strand Area:

 

Total number of condos

currently available for sale:              9,290 units

Price Range of Available units:       $ 39,900 - $ 2,750,000

  

  • $ 39,900  - 1 BR/1BA condo, under 600 sq. ft., located at

Cedar Creek in Myrtle Beach

  • $ 2,750,000 - 5BR/4.5BA oceanfront condo, over 3,000 sq. ft.,

located at the Grand Dunes in Myrtle Beach

  

Total number of condos

sold in the past 3 months:                 838 units

Price Range of Sold units:                $ 40,000 - $ 2,200,000

  

* Only 9% of the listings available have sold in the past 3 months.

  

 

Myrtle Beach:

 

Total number of condos

currently available for sale:              4,108

Price Range of Available units:       $ 39,900 - 2,750,000

  

Total number of condos

sold in the past 3 months:                 314

Price Range of Sold units:                $ 63,000 - $ 2,200,000

  

* Less than 8% of the listings available have sold in the past 3 months.

  

  

North Myrtle Beach:

 

Total number of condos

currently available for sale:              1,662

Price Range of Available units:       $ 46,000 - $ 2,499,000

  

Total number of condos

sold in the past 3 months:                 101

Price Range of Sold units:                $ 40,000 - $ 1,495,000

  

  • $ 40,000 - an efficiency unit (a studio), under 450 sq. ft.,

located at North Myrtle Beach Golf & Tennis

  • $ 1,495,000 - 7+ BR/6BA, over 3,000 sq. ft, oceanfront

condo located at Ambassador Villas.

  

Only 6% of the listings available have sold in the past 3 months.

  

***Stay tuned for upcoming in depth reports on the condo market, as well as Homes & Land Reports.

Myrtle Beach Homes by Mirela Monte 

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Comment balloon 2 commentsMirela Monte • September 28 2007 08:17PM
Myrtle Beach Condo Market - Third Quarte 2007 Report
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Myrtle Beach Condo Market - Third Quarter 2007 Report Condo Area Activity for the past 3 months: June 27 - September 27, 2007 Entire Grand Strand Area: Total number of condos currently available… more