Myrtle Beach Condos - Brighton Tower
As the New Year begins, we wanted to bring you up to date on what has happened at Brighton Tower. As you can see, even though the press has stated we have had a bad year in real estate, your building with its luxurious appeal has done well with an average appreciation rate of 8.97%.  There are currently 16 units that are active. The lowest priced unit is $649,000, the average listed price is $841,625, and the highest priced unit is $1,200,000.
This year there were 6 units that sold at an average price of $816,500 as of December 15, 2006. The lowest priced unit sold at $690,000 and the highest priced sold for $1,025,000. These listings sold at 96.5% of asking price and the average time on the MLS was 143 days. For the same time period in 2005, there were 11 units that sold at an average price of $749,272. The lowest priced unit sold for $518,000 and the highest priced unit sold for $925,000. These listings sold at 97.7% of asking price and the average time on the MLS was 87 days.
Myrtle Beach is a very desirable area for people to visit and own property from around the world. In fact, the Travel Channel has rated Myrtle Beach in the Top 10 American Beaches. Myrtle Beach was also rated a 5 out 5 in 4 of the 5 different sub-categories including: child friendliness, swimming, sand, atmosphere, and non beach activities. We are not only experienced in selling luxury properties but Larry is also certified as a Coldwell Banker Previews® agent which is a service dedicated to the luxury home market. Previews® agents offer you an unsurpassed combination of experience, knowledge, and resources that consistently deliver exceptional results you desire. Our clients know that they can rely on us for honest advice and around the clock service. In 2005 we were #2 in the state of South Carolina for the number of units sold for Coldwell Banker, and had the privilege of belonging to the Top 1% of Coldwell Banker agents internationally. If you are considering selling your property or know someone who is interested in buying, please let us know. We are always available!
The Willis Journal is a real estate sales analysis journal for Myrtle Beach real estate. The Willis Team Professionals have created this information to help our viewers to better understand what is currently going on in the real estate market. You will see that we also have created an analysis for some communities within the Myrtle Beach, South Carolina and will soon be adding more real estate sales analysis.
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