Jun
14

Myrtle Beach Area Real Estate Finds Footing – Sales Up, Prices Down

By

– The Sun News

Grand Strand real estate sales rose and prices dropped at a slower rate in May, which Realtors say signals the potential for stability in the market.

Single-family home sales increased 25 percent in May from the same month last year, according to data gathered from the Multiple Listing Service. Condominium sales rose 11 percent in May when compared with the same month last year.

The median price of single-family homes dropped 5 percent last month when compared with May 2009 and condo prices dropped 1 percent.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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    Categories : Myrtle Beach

    Comments

    1. Nashville Grant says:

      For what it's worth we are seeing the exact same trend in our market. It seems as if buyers are willing to tough it out.