Willis Journal - Myrtle Beach Real Estate Analysis
The
Willis Journal is a real estate analysis journal for Myrtle
Beach and the surrounding markets giving an analysis for the area and some of the communities. The
Willis Team Professionals have created this information
to help our public to better understand what is currently
going on in the real estate market. You will see that we also have created
an analysis for specific communities within some of the cities in and around surrounding areas. We are located in Myrtle Beach, South Carolina. Our site will be
updated with real estate sales analysis for the Myrtle Beach market on a regular basis.
Myrtle Beach has seen many changes this past year. It’s no wonder Anderson Ocean Club has been noted one of the most Luxury Oceanfront Developments along the Grand Strand!! With far superior bedding and accommodations in such a magnificent Oceanfront Resort, Anderson Ocean Club is setting the standard on the BEACH!! To give you a better understanding of the activity at Anderson Ocean Club, we are presenting you with a market analysis as provided by the CCAR/Multiple Listing Service as of April 24, 2010.
In 2009,
Number of Bedrooms
Number of Units
3 units were Sold
Efficiency
1
1 Bedrooms
1
2 Bedrooms
1
There has been Three (3) Sales already in 2010, which is fantastic for just the 1st Quarter of the Year. The MLS shows there are a total of Twenty (20) units Listed with Six (6) under contract, which means there are 9 Sales projected already for 2010 and this is just the 1st Quarter compared to all of last year!!!
Recently, we sent a letter about how active Bay Watch Resort has been compared to other resorts. With all the changes we have seen up and down the beach, it’s no wonder Bay Watch Resort is still one of the most active Oceanfront Developments along the Grand Strand!! To give you a better understanding of the activity at Bay Watch, we are presenting you with a market analysis as provided by the CCAR/Multiple Listing Service as of April 15, 2010.
In 2009,
Number of Bedrooms
Number of Units
43 units were Sold
Efficiency
1
1 Bedrooms
24
2 Bedrooms
16
3 Bedrooms
2
There has been Seven (7) Sales already in 2010, which is fantastic for just the 1st Quarter of the Year!!! The MLS shows there are a total of Fifty (50) units Listed with Nine (9) under contract, which means there are 16 Sales projected already for 2010.
Now Accepting Listings
Kick off 2010 the right way by teaming up with THE WILLIS TEAM!
The American dream is still alive and well, and owning a home is one of the biggest parts of that Dream. As a resident of The Bluffs on the Waterway you are fortunate to live in such a premier community, living the dream. It’s no wonder that The Bluffs has been one of the most active communities along the Grand Strand!! To give you a better understanding of the activity, we are presenting you with a market analysis according to the CCAR MLS as of February 26th, 2010.
Homes – There has been 10 homes sold in the last twelve months. 8 interior homes sold with an average of $131.05 per heated square foot. 2 waterway homes sold with an average of $147.60 per heated square foot. There are currently 21 homes listed for sale and 4 of those homes are pending contract. 2 waterway homes are listed with an average of $201.10 per heated square foot, while 15 interior homes are listed with an average of $148.61 per heated square foot.
Land – There has been 15 lots sold in the last twelve months. 3 waterway lots sold with an average price of $211,633 and 12 interior lots sold with an average price of $63,416.67. There are currently 65 active lots listed and 3 of those lots are pending contract. 10 waterway lots are listed with an average price of $334,960 and 52 interior lost are listed with an average price of $103,677.56.
Now Accepting Listings
Kick off 2010 the right way by teaming up with THE WILLIS TEAM!
Myrtle Beach has seen many changes this past year. As a resident of Plantation Lakes you are fortunate to live in such a premier community here in Paradise. It’s no wonder that Plantation Lakes has been one of the most active communities along the Grand Strand!! To give you a better understanding of the activity, we are presenting you with a market analysis according to the CCAR/MLS as of February 17, 2010.
HOMES-There has been 36 homes sold in the last twelve months from February 17th, 2009 with an average sold price of $439,328 which is an average of $132.68 per heated Sq. Ft. There are currently forty-nine homes listed for sale with an average list price of $514,823 which is an average of $156.56 per heated Sq. Ft. and 9 of those are Pending Contract.
LAND-There has been 9 lots sold in the last twelve months from February 17th, 2009 with an average sold price of $92,311. There are currently 76 lots listed for sale with an average listed price of $135,456 and 2 of those are Pending Contract.
Myrtle Beach has seen many changes this past year. It’s no wonder Margate Tower has been one of the most active Oceanfront Developments on the Grand Strand!! To give you a better understanding of the activity at Margate Tower, we are presenting you with a market analysis according to the CCAR MLS as of February 16, 2010. Below is a graph of the number of units SOLD by quarter for the year 2009.
As you can see from this graph, it has been an eventful year for 2009 with the increasing amount of Buyers coming to the Grand Strand; it is looking even better this year!! In 2009, Margate Tower closed 4 Two Bedroom Units, 23 Three Bedroom Units, and 12 Four Bedroom Units. With this trend continuing, NOW is a perfect time to list your condo!
North Myrtle Beach has seen many changes this past year. It’s no wonder Bay Watch Resort has been one of the most active Oceanfront Developments along the Grand Strand!! To give you a better understanding of the activity at Bay Watch, we are presenting you with a market analysis according to the CCAR/MLS as of February 16, 2010. Below is a graph of the number of units SOLD by quarter for the year 2009 and the 1st half quarter of 2010.
As you can see from this graph, it has been an eventful year for 2009 and looking even better for this year!! In the last 13 months, Bay Watch closed 30 One Bedroom Units, 21 Two Bedroom Units, and 1 Efficiency Unit. With this trend continuing, NOW is a perfect time to list your condo!
Beach Scoop – July 4th – Once again it is time for us all to tip our hats and give a moment of thanks to our Founding Fathers who have given us what we call “FREEDOM” today. It was exactly 234 years ago that the dotted line o
Beach Scoop – Upcoming Events with Brynne – Here is a video by our assistant (Brynne) covering some upcoming events here in Myrtle Beach. Share this on del.icio.us Digg this! Post this on Diigo Share this on Facebook Add this to Google Bookmark
Beach Scoop – School Is Out – This week is the week every child in Myrtle Beach has been looking forward to since the beginning of last September. SCHOOL’S OUT!!!! It’s time to sleep in as late as possible, spend all day at the be
Beach Scoop – April Numbers – It’s that time of year again in Myrtle Beach! Motorcycles are heading out from Bike Week and we are revving up for Memorial Weekend, kids are chasing ice-cream trucks, and beachfront hotels are bookin
Beach Scoop – March Numbers – The percentage of U.S. home sellers cutting their asking price declined again in March, and home owners made smaller reductions in prices, according to a report by real estate website Zillow.com. Acco
Company Blog
Happy Labor Day – According to AAA Vacations, Myrtle Beach is the second most popular travel destination for drivers over Labor Day weekend. And if you were planning to visit a coastal vacation spot near the path of Hu
Myrtle Beach Puppy Plunge – The Grand Strand Humane Society and Wild, Water & Wheels have teamed up for the first annual Puppy Plunge! This event will take place September 11, 2010 from 10:00am-4:00pm. Let your 4-legged love
Flood Insurance Rates Drop – With only 5 percent of the hurricane season complete, experts are predicting an active Hurricane season for the Atlantic Coast according to National Oceanic and Atmospheric Administration. An updated
Beach, Boogie & BBQ Festival – Slap on some sunscreen and join us in celebrating with the 5th Annual Beach, Boogie & BBQ festival. As we bring the summer to an end, The Sun Fun Festival is an two-day event including a variety o
8th Times a Charm – Wal-Mart announces they’re opening the 8th Wal-Mart in Horry County starting in October. The 155,147-square-foot store, located at the corner of U.S. 17 Business just south of the Garden City Connecto
