Pawleys Island Real Estate Blog by Tara Melech

Pawleys Island Real Estate Information, News, Market Statistics, Opinions, and Articles

Oct 25 2012
2:45 pm

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Pawleys Island Market Statistics 3rd Quarter 2012

Pawleys Island Market Statistics Residential

 

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.

 Active Properti...
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Aug 27 2012
10:30 am

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Newly Listed! Sweet and Charming Home With Lots of Room to Roam!

South Carolina Real Estate
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314 Forest Avenue
1213852 - Residential
Georgetown, SC

This beautiful 1900 sq foot, 3 BR, 2 Bath brick and vinyl home is located in a quiet Kensington subdivision with a very large lot and attached 2 car garage. This home is newer than most in this area and is close to schools, shopping. Beautiful floors throughout, designer paint, featuring a nice open floorplan, with lots of natural light, a gas log fireplace, formal dining,cathedral and tray ceilings throughout, walk in closet and a large master bath with garden tub and seperate shower make this home a dream. Don't miss out on this opportunity to own a beautiful home on an extra large lot!

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

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Pawleys Island named by National Geographic as one of its Best Summer Trips 2012

South Carolina Real Estate

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 ...

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Jul 23 2012
11:15 am

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Pawleys Island - Community Is Important

Pawleys Island

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...

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Jul 20 2012
8:47 pm

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Getting The Best Deal - Pawleys Island Home Buying and Selling, What to Expect

Pawleys Island

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...

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Jul 19 2012
7:00 pm

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Pawleys Island Real Estate 2nd Quarter Single Family Homes Statistics

Pawleys Island Market Statistics Residential

 

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.

 Active PropertiesPending ...
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"Who Works For Who?" Pawleys Island Real Estate

South Carolina Real Estate

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...

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Apr 18 2012
11:15 am

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Pawleys Island Residential Market Statistics 1st Quarter 2012

Pawleys Island Market Statistics Residential

 

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.

 Active PropertiesPendin...
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Mar 8 2012
11:34 am

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Pawleys Island Real Estate 2012 1st First Quarter Predictions

Pawleys Island Market Statistics Residential

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 ...

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Mar 8 2012
10:42 am

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Uptrend in Pawleys Island Housing Market. Sellers Take Advantage Of This!

Pawleys Island

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...

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Jan 6 2012
4:46 pm

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Buying a Home In Pawleys Island? Real Estate Analysis 4th Quarter 2011

Pawleys Island Market Statistics Residential
Of the homes that sold in the 4th Quarter, there was an 11.2% difference in asking price versus sold price.  When comparing the original listed price to the actual sold price, the percentage jumps to 18.9%.  The original asking price is the price that the property was initially listed for.  So, when an offer was received the average sales price that was accepted was 11.2% less than the most recent publicized asking price being offered.  What does this mean for the 4th Quarter?  Overall, the market seemed to have adjusted little from the 3rd quarter.  When comparing the numbers to the 3rd Quarter, the difference in original asking price versus the actual sold price 19.1%, a differen...
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Jan 6 2012
11:00 am

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Pawleys Island Market Statistics 4th Quarter 2011

Pawleys Island Market Statistics Residential

 

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.

 Active Propertie...
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Nov 1 2011
3:52 pm

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Is it a good time to Buy in Pawleys Island? Pawleys Island Market Statistics Analysis - 3rd Quarter 2011

Pawleys Island Market Statistics Condos and Townhomes

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...

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Oct 18 2011
1:53 pm

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Pawleys Island Market Statistics 3rd Quarter 2011

Market Statistics

 

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.

 Active Prope...
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Jul 15 2011
6:45 pm

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Pawleys Island 2011 Real Estate Statistics Comparison and What to expect for the rest of the year

Market Statistics

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...

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Jul 7 2011
11:15 am

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Pawleys Island 2011 2nd Quarter Real Estate Statistics for Single Family Residential Properties

Market Statistics

 

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential propertiesfor the 2nd Quarter of 2011, ending June 30, 2011. The number of days on the market for the active and pending properties are also calclulated as of June 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.

 Active PropertiesPending...
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Jun 17 2011
12:23 pm

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What to expect for Purchasing Pawleys Island Property 2nd Quarter 2011 Update

South Carolina Real Estate

As of June 15th for the Pawleys Island area - of the 46 residential single family detached properties that have sold in the 2nd quarter of 2011, 6 were foreclosures, 1 was a lender approved short sale, 4 were considered potential short sales. This is not a complete update of the 2nd Quarter. It is only a small picture of what is expected.

The average selling price of the 46 properties was $399,606, with a median of $277,500, and an average of 251 days on the market, with about 9% difference in asking price vs. list price.

The average selling price of the 6 foreclosed properties for the 2nd quarter of 2011 - $221,466 with a median of $225,950 and 77 days on the market. The difference in ...

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Apr 5 2011
3:15 pm

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Analyzing Real Estate Market Statistics

South Carolina Real Estate

Analyzing Real Estate Market Statistics, Tara Melech, Keller Williams Realty, Pawleys Island, SC (843) 907-8787

When you first take a glance at the Real Estate Market, anyone can tell you that the market has certainly slowed down. But what does that really mean, and is it true? Well, in order to really get a good feel for the current real estate market, wether it be in Pawleys Island, or anywhere else, you have to take a look at the numbers. There are all kinds of numbers to analyze, but when it comes to finding out if a house is a good buy, or if you should think about listing your home, or if you want to invest, etcetera, breaking down the real estate statistics is becoming more and mo...

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Apr 5 2011
1:00 pm

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Pawleys Island 2011 1st Quarter Real Estate Statistics for single family residential properties

Pawleys Island Market Statistics Residential

 

Pawleys Island Single Family Residential Property Statistics

These are the market statistics for Single Family Detached Residential propertiesfor the 1st Quarter of 2011, ending March 31, 2011. The number of days on the market for the active and pending properties are also calclulated as of March 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.

 Active PropertiesPendi...
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Jan 14 2011
10:29 am

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4th Quarter 2010 Pawleys Island Residential Market Statistics including number of days on market

Pawleys Island Market Statistics Residential

 

Pawleys Island Single Family Residential Property Statistics

These are the market statistics in this category for the 4th Quarter of 2010, ending December 31, 2010. The number of days on market for the active and pending properties are also calclulated as of December 31,2010.  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) you are interested in receiving.

 Active PropertiesPending PropertiesSold Properties
Total Detatched 341 19 49
Median Price $469,500 $275,000 (List Price) $295,000
Average Price $744,001 $469,447 (List Price) $...
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