Grand Strand Market Report


According to the Coastal Carolinas Association of Realtors, July was a strong month for sales activity, Grand Strand single-family residential sales are up 5.11 percent growth rate for the year. Condo sales are up 19.14  percent and residential lot sales are up 5.62 percent, compared to July 2017 levels. Single-family residential sales volume is up 5.11 percent compared to July 2017 and maintains its 5.69 percent growth rate for the year. The average sold-to-list ratio for Single Family Residential sales in July was 96%, flat compared to the same month in 2017.   

Condo sales volume is up 19.14% compared to July 2017. Year-to-date sales are also up 3.91% from 2017 levels. The median sales price is up to $132,000, a 1.54% increase from July 2017. Condo inventory continued to tighten as inventory is down as compared to prior year levels: down 7.82% compared to July 2017. The average sold to list ratio for condo sales in July was 94%, up 100 basis points compared to the same month in 2017. 

Residential lot sales were up 5.62% in July compared to 2017. The median sales price increased to $58,000, up 16.00% compared to the same month in 2017. Sold to list ratios are at 89%, up 400 basis points when compared to July 2017.

Click here   to download the full report.
Garden City Beach Home Prices

The chart below shows the average sales price of property in Garden City Beach during the month of July 2018 compared to the same month as last year. The average single-family home price was down 65.4 percent at $352,200 while the average townhouse/condo price was up 26.6 percent at $206,000.



Surfside Beach and Murrells Inlet

Additionally, according to data made available by the Coastal Carolinas Association of REALTORS, the average Surfside Beach single-family home sale price was up 15  percent at $247,000 and the average townhouse/condo sales price was up 32.4  percent at $112,500.

Likewise, the average Murrells Inlet single-family home sale price was up 4 percent at $274,500 and the average townhouse/condo sale price was up 4.7 percent at $156,000.

All statistics are compiled from sales during the month of July 2018 compared to the same month the previous year.

Click here for your printable July 2018 local market update for Garden City Beach and Murrells Inlet.
 
Click here for your printable July 2018 local market update for Surfside Beach.
Behr's Color of the Year 2019 Is Here, and You'll Want to Use It in Every Room  

Soothing Shade

Color of the year 2019 announcements are beginning to roll out, and Behr is among the first to announce its pick for the go-to color of the coming year: Blueprint.  This mid-tone blue (full name: Blueprint S4070-5)  and the 14 other shades of Behr's 2019 Color Trends are the result of a year's worth of research in design trends and other areas. Blueprint is dynamic enough to blend with cooler and warmer colors alike, which is good news for homeowners (and handy renters): Incorporating the Behr  Color of the Year 2019 into your home doesn't mean you have to throw everything out and start over.
 
Click here  for story.
www.coastalliving.com
Brokers Best Buy
1073 South Waccamaw Drive
Ocean Front, Garden City Beach
5 Bedrooms / 4 Bathrooms
$1,249,000
Listed By Drew Dellinger
130 Easy Street
East of 17, Garden City Beach
3 Bedrooms / 2 Bathrooms
$279,900
Listed By William Hewitt
527 North Dogwood Drive 
Creek Front, Garden City Beach
4 Bedrooms / 4 Bathrooms
$495,000
Listed By Denise Coleman
1201-A North Waccamaw Drive
2nd Row,  Garden City Beach
5 Bedrooms / 5.5 Bathrooms
$565,000
Listed By June Hiller
Search Garden City Realty's listings or all of MLS
A Quick DIY for Space-Saving Kids' Room Storage

Reading is fundamental, but storing books is a challenge. Keep the kiddos flipping pages with this quick and easy bookshelf DIY.

  Click here for story.
www.zillow.com
94 Easy Weeknight Chicken Dinners

Need a new go-to supper?  These quick chicken dinners recipes are perfect for a stress-free weeknight meal, and make enough so that you can have leftovers for lunch?  Still hungry? Check out these simple salads and easy pastas.

  Click here for recipes.
www.delish.com

Summer is starting to wind down, but there's time to get out and enjoy all the local events and activities. Want to know what's going on this month,  click here  to find out.
Partner with Garden City Realty

Garden City Realty partners with more than 450 vacation rental homeowners along the South Strand. We strive to develop and maintain long-term relationships by making the needs of our property owners a top priority. We've been exceeding homeowner's expectations for more than 45 years.

Click here to contact our Owner Services department.
Follow us for news, specials and all things BEACH.
                          Like us on Facebook Follow us on Twitter View our profile on LinkedIn Find us on Google+ Find us on Pinterest View our videos on YouTube Visit our blog View on Instagram
608 Atlantic Avenue 
Garden City Beach, SC 29576
843-651-0900 | 866-257-2189