Jul
13

Strong Home Sales in Myrtle Beach Area Have Market Smiling

By
– The Sun News

The real estate market improved in the first half of 2010, according to Realtors and experts, but with continued price drops there is still a ways to go before the market reaches stability.

Single-family home sales grew 32 percent in the first half of 2010 when compared with the same period in 2009, and condo sales rose 38 percent, according to statistics gathered from the Multiple Listing Service.

The median price – the price at which half sold for less and half sold for more – of single-family homes dropped 5 percent to $170,000 in the first half of this year compared with the same period last year. The median price of condos fell 6 percent to $122,000 in the first half of this year.

ARTICLE SHORTENED DUE TO LENGTH….

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    Categories : Myrtle Beach

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