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Myrtle Beach, SC Market Statistics and Real Estate Trends

Myrtle Beach, SC May 1, 2012 - Myrtle Beach's home resale inventories decreased slightly, with a 1 percent decrease since April 2012. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Myrtle Beach stayed the same from April to May. There were a total of 57 price increases and 417 price decreases.

Myrtle Beach, SC Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory36533684 1%3916 7%4020 10%4677 28%
Median List Price$149,900$149,900$149,900$159,900 7%$172,900 15%
  % Distressed 
1%1%3%2%2%
Median Days
on Market
123136 11%156 27%134 9%123
Median House Size10011001100110011001
Median Price
Per Sq. Ft.
$156$155 -1%$149 -4%$145 -7%$159 2%
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory154415501602 4%1590 3%1778 15%
Median List Price$199,500$199,000$199,900$211,990 6%$225,000 13%
  % Distressed 
1%1%3%3%3%
Median Days
on Market
107110 3%128 20%116 8%108 1%
Median House Size370137012380 -36%--
Median Price
Per Sq. Ft.
$213$213$187 -12%--
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory21092134 1%2314 10%2430 15%2899 37%
Median List Price$119,900$119,900$119,900$124,900 4%$135,000 13%
  % Distressed 
1%1%2%2%2%
Median Days
on Market
138151 9%172 25%161 17%134 -3%
Median House Size10011001100110011001
Median Price
Per Sq. Ft.
$156$154 -1%$149 -4%$145 -7%$159 2%

Myrtle Beach, SC Market Data Chart *

 6/117/118/119/1110/1111/1112/111/122/123/124/125/12
Price Reductions561641557444415422392487450449417283
Number of
New Listings
591491524453513484343609555609574348
Listings
Sold/Expired
6357856336435395921026529551561568369
 6/117/118/119/1110/1111/1112/111/122/123/124/125/12
Price Reductions263321275219201193184211197219188144
Number of
New Listings
268229256239213222133237259294264179
Listings
Sold/Expired
285317283302238268446225244259234230
 6/117/118/119/1110/1111/1112/111/122/123/124/125/12
Price Reductions298320282225214229208276253230229139
Number of
New Listings
323262268214300262210372296315310169
Listings
Sold/Expired
350468350341301324580304307302334245
* Historical data may be incomplete in some areas.
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Myrtle Beach, SC Market Data Graphs

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More Content on Movoto

Most Expensive House

9400 Lake Dr, Myrtle Beach - 8 Beds, 8&1/2 Baths, $6,490,000
9400 Lake Dr, Myrtle Beach
Details
THIS ESTATE HOME IS TRULY A ONE OF A KIND MASTERPIECE OF ART AS WELL AS LIVEABILITY..NESTLED BEHIND GATES ON 3.34 ACRES..5 BEDROOM/5.5 BATH..9700 HEATED SQ. FT. FEATURES GOURMET KITCHEN..ALL CUSTOM GRANITE & COMMERCIAL APPLIANCES..WALLS OF GLASS VIEWING THE CUSTOM MILLION DOLLAR WATER PAVILION.. ELEVATOR, HOME THEATER & BILLARD ROOM..2 GUEST SUITES DETACHED FROM THE MAIN HOUSE..PAR 3 PUTTING/CHIPPING GREEN..HIDDEN CAVES & TUNNELS IN BASEMENT AND  
Read More

Least Expensive House

5001 Little River Rd #207 W, Myrtle Beach
Details
Wonderful Buidling, unit is located on 2nd floor with view of garden area which is wooded and quiet. Nestled in a beautiful wooded section of Myrtle Beach's residential north end next to the prestigious Pine Lakes Golf Course is Covenant Towers. This nine acre campus is an senior contemporary community offering life at its finest. Our location is in close proximity to the beach, shopping, golf, restaurants, and houses of worship. Residents enj 
Read More

Highest Square Footage

9400 Lake Dr, Myrtle Beach - 8 Beds, 8&1/2 Baths, $6,490,000
9400 Lake Dr, Myrtle Beach
Details
THIS ESTATE HOME IS TRULY A ONE OF A KIND MASTERPIECE OF ART AS WELL AS LIVEABILITY..NESTLED BEHIND GATES ON 3.34 ACRES..5 BEDROOM/5.5 BATH..9700 HEATED SQ. FT. FEATURES GOURMET KITCHEN..ALL CUSTOM GRANITE & COMMERCIAL APPLIANCES..WALLS OF GLASS VIEWING THE CUSTOM MILLION DOLLAR WATER PAVILION.. ELEVATOR, HOME THEATER & BILLARD ROOM..2 GUEST SUITES DETACHED FROM THE MAIN HOUSE..PAR 3 PUTTING/CHIPPING GREEN..HIDDEN CAVES & TUNNELS IN BASEMENT AND  
Read More

Lowest Square Footage

5001 Little River Rd #207 W, Myrtle Beach
Details
Wonderful Buidling, unit is located on 2nd floor with view of garden area which is wooded and quiet. Nestled in a beautiful wooded section of Myrtle Beach's residential north end next to the prestigious Pine Lakes Golf Course is Covenant Towers. This nine acre campus is an senior contemporary community offering life at its finest. Our location is in close proximity to the beach, shopping, golf, restaurants, and houses of worship. Residents enj 
Read More
Myrtle Beach, South Carolina real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Myrtle Beach homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Myrtle Beach. Movoto is your comprehensive source for Myrtle Beach property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

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