Posts filed under Market Updates
April 2025 Market Recap
Posted Fri, May 9th 2025 11:00 am
April 2025 continues the trend of a tale of two very different markets: single family homes and condos/townhomes. Condos/Townhomes: We officially have more than 8 months of inventory for this pr...
Posted Fri, May 9th 2025 11:00 am
April 2025 continues the trend of a tale of two very different markets: single family homes and condos/townhomes. Condos/Townhomes: We officially have more than 8 months of inventory for this pr...
March 2025 Market Recap- Condos/Townhomes
Posted Sun, Apr 6th 2025 10:00 am
For condos and townhomes, our area has officially been in a buyers market (more than 6 months of supply), since April 2024. In February of this year, we surpassed 7 months of inventory and last mon...
Posted Sun, Apr 6th 2025 10:00 am
For condos and townhomes, our area has officially been in a buyers market (more than 6 months of supply), since April 2024. In February of this year, we surpassed 7 months of inventory and last mon...
March 2025 Market Report- New Construction
Posted Sat, Apr 5th 2025 10:00 am
Last month, 1,235 properties closed. Of those, 427 (almost 35%) were new construction. That means 1 out of every 3 homes that closed last month were new. What historic number did new construction...
Posted Sat, Apr 5th 2025 10:00 am
Last month, 1,235 properties closed. Of those, 427 (almost 35%) were new construction. That means 1 out of every 3 homes that closed last month were new. What historic number did new construction...
March 2025 Market Recap - Previously Owned Single Family Homes
Posted Fri, Apr 4th 2025 8:15 am
March 2025 was so eventful that we are creating multiple articles to help recap the Coastal Carolinas Association of Realtors market! March was a historic month for Previously Owned Single Family...
Posted Fri, Apr 4th 2025 8:15 am
March 2025 was so eventful that we are creating multiple articles to help recap the Coastal Carolinas Association of Realtors market! March was a historic month for Previously Owned Single Family...
February 2025 Market Report
Posted Mon, Mar 10th 2025 10:12 am
February is the month where things typically kick off. The holidays are over, more people list their properties and people who are motivated to purchase a property this year are out viewing propert...
Posted Mon, Mar 10th 2025 10:12 am
February is the month where things typically kick off. The holidays are over, more people list their properties and people who are motivated to purchase a property this year are out viewing propert...
January 2025 Market Recap
Posted Tue, Feb 18th 2025 9:51 am
January is always a fun market report to create. There’s a lot of movement in the market this time of year. Every January, there’s a low number of closings because fewer people went under contract ...
Posted Tue, Feb 18th 2025 9:51 am
January is always a fun market report to create. There’s a lot of movement in the market this time of year. Every January, there’s a low number of closings because fewer people went under contract ...
2024 Market Recap
Posted Sat, Feb 1st 2025 11:00 am
The following is a bulleted list of interesting stats from 2024 taken from the Coastal Carolinas Association of Realtors: Prices remained relatively flat compared to recent years where we saw hu...
Posted Sat, Feb 1st 2025 11:00 am
The following is a bulleted list of interesting stats from 2024 taken from the Coastal Carolinas Association of Realtors: Prices remained relatively flat compared to recent years where we saw hu...
2025 Real Estate Prediction
Posted Fri, Jan 3rd 2025 4:00 pm
Predicting the future is always difficult but especially difficult when trying to account for all the factors involved in the real estate market. When dealing with something complicated, I try to b...
Posted Fri, Jan 3rd 2025 4:00 pm
Predicting the future is always difficult but especially difficult when trying to account for all the factors involved in the real estate market. When dealing with something complicated, I try to b...
December 2024 Market Recap
Posted Fri, Jan 3rd 2025 2:10 pm
December is almost always the month with the least amount of listing activity with around a 30% drop in new listings going on the market. This makes sense because most folks avoid having strangers ...
Posted Fri, Jan 3rd 2025 2:10 pm
December is almost always the month with the least amount of listing activity with around a 30% drop in new listings going on the market. This makes sense because most folks avoid having strangers ...
November 2024 Market Recap
Posted Fri, Dec 6th 2024 10:00 am
Supply of homes to sell and demand typically both go down during the month of November which results in the Months Supply of homes remaining flat. When supply and demand both go down in almost equa...
Posted Fri, Dec 6th 2024 10:00 am
Supply of homes to sell and demand typically both go down during the month of November which results in the Months Supply of homes remaining flat. When supply and demand both go down in almost equa...
October 2024 Market Update
Posted Sat, Nov 9th 2024 12:00 pm
October is my favorite month of the year! The weather is almost perfect with temperatures cooling off a little but the ocean is still warm. Traditionally for the Anderson Team, it’s a busy real est...
Posted Sat, Nov 9th 2024 12:00 pm
October is my favorite month of the year! The weather is almost perfect with temperatures cooling off a little but the ocean is still warm. Traditionally for the Anderson Team, it’s a busy real est...
September 2024 Market Recap
Posted Wed, Oct 16th 2024 9:49 am
Once summer ends and kids are back in school, our market looks like an upside down check mark starting in August. September, we typically see a little less inventory, then a lot of activity in Octo...
Posted Wed, Oct 16th 2024 9:49 am
Once summer ends and kids are back in school, our market looks like an upside down check mark starting in August. September, we typically see a little less inventory, then a lot of activity in Octo...
August 2024 Grand Strand Market Recap
Posted Fri, Sep 13th 2024 11:28 am
Median Sales price for a previously owned single family home dropped for the 3rd month in a row. Since May, the median sales price has dropped almost $30,000 from $405,000 to $376,000. Months ...
Posted Fri, Sep 13th 2024 11:28 am
Median Sales price for a previously owned single family home dropped for the 3rd month in a row. Since May, the median sales price has dropped almost $30,000 from $405,000 to $376,000. Months ...
July 2024 Market Recap
Posted Fri, Aug 2nd 2024 10:12 am
Here some interesting stats for all property types (Single Family Homes, Townhomes/Condos and Manufactured Homes) from the Coastal Carolinas Association of Realtors: -Prices went down by almost $1...
Posted Fri, Aug 2nd 2024 10:12 am
Here some interesting stats for all property types (Single Family Homes, Townhomes/Condos and Manufactured Homes) from the Coastal Carolinas Association of Realtors: -Prices went down by almost $1...
June 2024 Market Recap
Posted Mon, Jul 8th 2024 2:52 pm
June is the first full month of summer and in most markets across the country begins the time of year when families can move without interrupting the school schedule. This certainly happens in the ...
Posted Mon, Jul 8th 2024 2:52 pm
June is the first full month of summer and in most markets across the country begins the time of year when families can move without interrupting the school schedule. This certainly happens in the ...
May 2024 Market Recap
Posted Fri, Jun 7th 2024 10:00 am
With many families just trying to survive and finish out the school year, May is right in between the peak spring market and the busy summer moving months. Here are a few numbers from the Coastal C...
Posted Fri, Jun 7th 2024 10:00 am
With many families just trying to survive and finish out the school year, May is right in between the peak spring market and the busy summer moving months. Here are a few numbers from the Coastal C...
April 2024 Market Recap
Posted Thu, May 9th 2024 4:39 pm
April is the beginning of the “Spring” market when traditionally, more folks list their home for sale. Families with children begin a plan to move around the school schedule and will list in April ...
Posted Thu, May 9th 2024 4:39 pm
April is the beginning of the “Spring” market when traditionally, more folks list their home for sale. Families with children begin a plan to move around the school schedule and will list in April ...
February 2024 Market Recap
Posted Sat, Mar 16th 2024 9:00 am
The month of January almost always reflects the New Years Resolutions of sellers to put their home on their market with a large increase in supply. February is the reaction to that supply and also ...
Posted Sat, Mar 16th 2024 9:00 am
The month of January almost always reflects the New Years Resolutions of sellers to put their home on their market with a large increase in supply. February is the reaction to that supply and also ...
Housing Market Update via Dr. Joey Von Nesson
Posted Sun, Feb 18th 2024 4:00 pm
At the South Carolina Realtors Capitol Conference, I was thrilled to hear a housing market update from my favorite economist, Dr. Joey Von Nesson. At the South Carolina Realtors Capitol Conference...
Posted Sun, Feb 18th 2024 4:00 pm
At the South Carolina Realtors Capitol Conference, I was thrilled to hear a housing market update from my favorite economist, Dr. Joey Von Nesson. At the South Carolina Realtors Capitol Conference...
January 2024 Market Update
Posted Sun, Feb 4th 2024 10:00 am
The first month of 2024 is in the rear view mirror! This January brought us what most Januarys bring us: more inventory. Fewer folks list their homes during the holidays and many make a New Year’s ...
Posted Sun, Feb 4th 2024 10:00 am
The first month of 2024 is in the rear view mirror! This January brought us what most Januarys bring us: more inventory. Fewer folks list their homes during the holidays and many make a New Year’s ...