Many property onwers have been complaining for years about the local real estate market in Myrtle Beach and Charleston, SC. Rightfully so, since many of them purchased the property at record highs to later on realize that the BOOM was not real. Lately, the Myrtle Beach Real Estate market and the Charleston real estate market have been very active again. Myrtle Beach and Charleston represent some of the most active real estate markets on the East Coast. Both markets have a mix of permanent residents as well as second homes buyers and investors.
In both markets, we are seeing gains in the homes market as well as the condo markets. Of course, the condo market is fueled by buyers that are capable of buying vacation properties for investment as well as personal use.
Recent MLS data shows that the Myrtle Beach real estate market saw an increase in sales transactions by 19% while the Charleston real estate market saw a decrease in supply by 16%. There are pockets in both markets where the numbers are even more impressive.
Property owners can finally breathe while future buyers are needing to make some decisions. If the market continues to follow this trend, there may not be many good deals left in either market.
Century 21 The Harrelson Group serves the Myrtle Beach real estate market while their sister company, Century 21 Expert Advisors serves the Charleston real estate market.
If you need additional information for either market, feel free to get in contact with us.
Century 21 The Harrelson Group Inc.
4999 Carolina Forest Blvd, Ste 18
Myrtle Beach, SC 29579
Century 21 Expert Advisors
100 Seven Oaks Lane
Summerville, SC 29485
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