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.
