Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 1st Quarter of 2013, ending  March 31, 2013. The number of days on the market for the active and pending properties are also calclulated as of March 31, 2013.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

Analysis

Spring time is officially here, and I am sure you will find lots of items pertaining to getting your property ready to sell. BUT - What are the items that will bring the most bang for your spring cleaning bucks?

In our local market here in the Georgetown, Pawleys Island, SC area, the weather for the most part is pretty mild - so when the first day of spring hits, it always seems to be filled with "Spring Fever" - so let's put that to good use and see what to accomplish to sell your property now!

1) Location is the most important item in selling your property. If you are not in an ideal location, there is not much you can do but "dress up" your home, and if neighbors are friendly, ask to...

I found this on the Georgetown County School District Website, and passing it on - Good Tips To Know -

FIGHT CRIME THROUGH TEXT MESSAGING TIP SERVICE

 (Georgetown, SC)--- Mobile phone users in Georgetown County have the ability to provide anonymous crime fighting tips through the power of anonymous text messaging and Web Tips. In 2010, the Georgetown County Sheriff’s Office and Anderson Software, the industry leader in law enforcement tip management software and web applications, joined together to provide this service which allows citizens to send anonymous tips by sending a text message from a mobile phone or online. “The popularity of text messaging has created a significant opportun...

 Do you want to "seize" the housing market? Here are 7 justifiable and great reasons why it is a great time to buy a home NOW:

Home affordability is at an all-time high. The median mortgage payment on the median priced home as a percentage of the median household income is lower than it has been in a generation! That is such an amazing statistic. It is hard to believe that it can or may go lower!

Mortgage rates are still at rock bottom, but they are slowly inching back upwards, which means monthly payments and total loan costs will spike upwards. Mortgage rates skyrocketed to their highest levels since August on January 25th, both as a part of an ongoing move in reaction to overnight ev...

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 4th Quarter of 2012, ending  December 31, 2012. The number of days on the market for the active and pending properties are also calclulated as of December 31, 2012.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 3rd Quarter of 2012, ending  September 30, 2012. The number of days on the market for the active and pending properties are also calclulated as of September 30,2012.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

This beautiful home won't last long!  ...

What makes Pawleys Island so special?  Ask the National Geographic - which added Pawleys Island to the list of Best Summer Trips 2012, among other great places throughout the world.   There is a great write up in The Sun News [August 5, 2012], which summarizes the charm of Pawleys Island.  It mentions that Pawleys offers an upscale yet barefoot lifestyle.  I thought that was a good way of describing not only vacation on the island, but a kind of unique lifestyle indiginous to the area.  Where else can you decide you want to go crabbing, fishing, meet up with friends at the marina, and then head to the beach - All in less that 10 minutes from each other? 

The National Geographic mentions ...

Pawleys Island Community Is Important      - Tara Melech - Keller Williams Realty - (843) 907-8787

It's a Saturday morning and generally it is our family day to sleep in. But today, we are getting ready for a 5k to benefit Mike and Kerry Benson. It is a rare thing to be able to help your fellow community members out. But here in Pawleys Island, it is the community we share with the people we see every day that makes it that much more special to live here. The Quigleys family has always made my family feel welcome and has given me a sense of belonging.  I not only love the pints and plates, but the people too!  

We frequent Quigley's Pint And Plate quite a bit (at the very least once a w...

What to expect when buying a property in Pawleys Island, SC - Tara Melech, Keller Willliams Realty, (843) 907-8787

It depends on several factors. The type of financing that will be used can significantly affect the bottom line. The seller can also have an affect on the bottom line. Given that most sellers know that our current market here in Pawleys Island, it is somewhat of a buyer's market. That should not affect wether you can sell your home, but it should influence the seller on how to more effectively keep a buyer from putting a bid on a house beside their own. In other words, if the seller is motivated, it is up to the realtor to not only bring the buyer into the picture, but to ca...

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 2nd Quarter of 2012, ending  June 30, 2012. The number of days on the market for the active and pending properties are also calclulated as of June 30,2012.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

Who Works For Who? by Tara Melech, Professional Real Estate Advisor, Keller Williams Realty, (843) 907-8787

When you do anything real estate related, do you ever wonder who works for who? When you list your home, it is a typical practice to first look online to see what is currently for sale and who has the listings. Then, call the agent that has the most listings to sell your home. When the agent gets there (if it is the listing agent, or their assistant), they take a quick look and then have you sign a listing agreement, explaining in a very quick manner what you are signing and how you are going to work with them. What they don't tell you are the details....

First of all, they put th...

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 1st Quarter of 2012, ending  March 31, 2012. The number of days on the market for the active and pending properties are also calclulated as of March 31,2012.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

In the Pawleys Island Real Estate Housing market, for the first quarter of 2012 (through March 8), 70 homes were newly listed (assigned a new MLS ID #) in the month of January, 40 homes in February, and 12 (so far) in March. Currently, there are 467 homes for sale in the Pawleys Island area. In the 4th Quarter of 2011, there were a total of 349 properties for sale (28 of which had not closed by the end of the quarter).

Since the beginning of 2012, there has been an additional supply of 118 homes added to the Pawleys Island Real Estate Market. Internally, this means that there is still an oversupply of properties for how fast the market is turning. As of March 8, 2012, there have been 23 ...

Here in Pawleys Island, part of the Grand Strand Area near Myrtle Beach, our busiest time of year has started for real estate. With the out of town visitors, real estate always seems to boom starting in March. There always seems to be an uptrend in the number of homes sold and a stability in the selling prices. The end of the first quarter of 2012 is just around the corner, and it seems a positive outlook is on the horizon.

If you are selling your home, why not make it look the best it can by taking advantage of the following tips:

First Impressions are lasting. The front door greets the potential buyer. Make sure it is fresh, clean, and scrubbed looking. Keep lawn trimmed and edged, an...

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 4th Quarter of 2011, ending  December 31, 2011. The number of days on the market for the active and pending properties are also calclulated as of December 31, 2011.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

Pawleys Island Analysis - 3rd Quarter 2011 Real Estate Market Statistics - Tara Melech - (843) 907-8787

For the 3rd quarter, of those single family detached properties that sold, there was a 19.17% difference in the original asking price vs the sold price. When the properties actually sold, the difference between the current asking price and actual sold price was about 6.09%. A factor of about 13.77% between the original asking price and current asking price plays a significant role in what the actual difference is in sold prices versus the asking prices. Depending on how long the property has been listed, and if the current price is within reason, it is reasonable to calculate that if t...

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential properties for the 3rd Quarter of 2011, ending  September 30, 2011. The number of days on the market for the active and pending properties are also calclulated as of September 30, 2011.  If you would like information on a specific area, please contact me at your convenience, with the subject as market statistics and naming the area (such as Myrtle Beach or a specific neighborhood) you are interested in, or just fill out the Market Statistics Request Form at the bottom of this page.  This does not include modular or manufactured homes.

For the current year, the real estate market seems to be slowly steadying out.  The amount of time on the market has slowly decreased, whereas the prices have come down signifigantly, producing a smaller percentage in price drops and less time on the market.

Compare the two first quarters of 2011, and the overall results may or may not shock you.  From this comparison, I believe the "bottom" has hit, and now ready for increase in sales!

The inventory has increased by a mere 2.2%, which means supply is still oversaturated compared to the number of solds currently.  In this increase in supply, the average asking price also increased by 4%, which has led to more time on the market, an incr...