Foreclosures, short sales, condos, homes, Myrtle Beach, real estate

Myrtle Beach Market Update - Jan 5

Monday, January 5th, 2009 at 4:08 pm

Myrtle Beach Real Estate

Market Conditions in Myrtle Beach

In the past thirty days in the Myrtle Beach Real Estate Market there have been over one thousand three hundred and fifty three new properties listed, the breakdown is as follows:

64 Commercial Units

523 Residential Units

505 Condo/Townhomes

261 Lots/Acerage

 In the past thirty days there have been three hundred and ninety five units sold with the breakdown as follows:
2 Commercial Units Two Sales at $175,000 and $420,000
247 Residential Units with an average sales price of $237,977.00
112 Myrtle Beach Condos/Townhomes with an average sales price of $171,551
33 Lots/Acreage with an average sales price of $82,459

Myrtle Beach real estate is not dead. Are the numbers down yes but investors are still buying Myrtle Beach real estate. With interest rates less than 5.5% now is one of the best times to buy in the past ten years. Please contact The Benton Group for all your Myrtle Beach Foreclosure needs or when you need the best to help buy or sell Myrtle Beach Real Estate.

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