Pawleys Island Market Statistics for Real Estate 4th Quarter 2012
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.
Analysis
- The original asking price vs current asking price dropped by an average of 12.31%
- The sold price vs current asking price dropped by an average of 8.06%
- The sold price vs original asking price dropped ay an average of 19.38%
- When these statistics are averaged the asking (both original and current) dropped by an average of 13.72%
- The average price per heated square foot sold was $153.52.
- The average price per total square foot (heated and unheated) $118.92
- Two or 3.45% were bank owned properties, with the asking price vs sold price difference of 5.71%. Bank owned properties received 94.29% of asking price at time of sale, and 89.27% of original asking price. When these are factored together, an average price drop of 8.22% from asking vs. sold is calclulated
- One or 1.72% were hud properties, with the asking price vs sold price INCREASING by 4%
- Three or 5.17% were potential short sale properties, and asking price vs sold price decreased by 1.43%. If calculated by original asking price the decreased by 20.23%
- One or 1.72% were lender approved short sale properties, with the asking price vs sold price decrease of 30.77%.
When comparing the 4th quarter of 2011 to 4th quarter of 2012, the average sales price increased by an average of 27.54%, up from $310,000 to $395,360 Depending on what happens with the fiscal cliff - right around the corner - projections indicate stability in prices, drop in foreclosures and short sales, slight decrease in inventory, and the days on the market averaging around the same as the 4th quarter 2012. Indicators would suggest that it is still a good time to purchase property, and for a great price.
| Active Properties | Pending Properties | Sold Properties | |
|---|---|---|---|
| Total Detatched | 295 | 31 | 58 |
| Average Price | $742,820 | $345,882 (List Price) | $395,360 |
| Median Price | $469,900 | $295,000 (List Price) | $283,750 |
|
Days on Market |
Average 381 / 174 Median | Avg 176 / 107 Median | Avg 227/160 Med |
| 1 Bedroom | 0 | 0 | 0 |
| Median Price | - | - | - |
| Average Price | - | - | - |
| Days on Market | - | - | - |
| 2 Bedroom | 2 | 0 | 2 |
| Average Price | $199,000 | $ | $129,000 |
| Median Price | $199,000 | $ | $129,000 |
| Days on Market | 53.5 | - | 266 |
| 3 Bedroom | 128 | 14 | 28 |
| Average Price | $393,548 | $277,408 (List Price) | $258,128 |
| Median Price | $328,950 | $272,700 (List Price) | $237,350 |
| Days on Market | Average 282 / 135 Median | Avg 149 / 98 Median | Avg 171/ 154 Med |
| 4 Bedroom | 95 | 14 | 18 |
| Average Price | $634,985 | $349,544 (List Price) | $463,077 |
| Median Price | $529,000 | $297,000 (List Price) | $502,000 |
| Days on Market | Average 379 / 220 Median | Average 136 / 99 Median | Avg 261/117 Med |
| 5 Bedroom | 44 | 3 | 8 |
| Average Price | $1,351,786 | $648,333 (List Price) | $444,362 |
| Median Price | $1,062,500 | $625,000 (List Price) | $447,500 |
| Days on Market |
Average 516 / 268 Median |
Average 497 / 607 Median | Avg 320/283 Med |
| 6 Bedroom | 16 | 0 | 2 |
| Average Price | $1,584,250 | - | $1,777,500 |
| Median Price | $1,532,500 | - |
$1,777,500 |
| Days on Market | Average 632 / 295 Median | Med -/- Avg | Avg 293/293 Med |
| 7 Bedroom | 6 | 0 | 0 |
| Average Price | $2,160,650 | - | - |
| Median Price | $2,174,950 | - | - |
| Days on Market | Average 375 / 503 Median | - | - |
| 8 Bedroom | 2 | 0 | 0 |
| Average Price | $2,297,000 | - | - |
| Median Price | $2,297,000 | - | - |
| Days on Market | 2587 | - | - |
| 9 Bedroom | 1 | 0 | - |
| Average Price | $2,900,000 | - | - |
| Median Price | $2,900,000 | - | - |
| Days on Market | 108 | - | - |
| 12 Bedroom | 1 | 0 | 0 |
| Average Price | $2,750,000 | - | - |
| Median Price | $2,750,000 | - | - |
| Days on Market | 126 | - | - |
$3,800,000 - Pawleys Island, SC @ Prince George Ocean
- MLS#
1302707- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 6 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Martin Phillips of The Litchfield Company RE
Architect Bobby McAlpine - renowned for designing "inheritable homes" - conceived this incredible retreat situated on over an acre of oceanfront pr...
Architect Bobby McAlpine - renowned for designing "inheritable homes" - conceived this incredible retreat situated on over an acre of oceanfront pr...
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$3,395,000 - Pawleys Island, SC @ The Peninsula At Inlet Point
- MLS#
- 1119324
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Linda Crampton of The Litchfield Company RE
Spectacular Oceanfront Retreat. The Grand Staircase leads to a Spacious Open Great Room with Panoramic Ocean Views. Complete Custom Throughout: Inc...
Spectacular Oceanfront Retreat. The Grand Staircase leads to a Spacious Open Great Room with Panoramic Ocean Views. Complete Custom Throughout: Inc...
$3,199,000 - Pawleys Island, SC @ Assey
- MLS#
- 1106041
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Walter McElveen of Pawleys Island Realty Co
Oceanfront, creekfront, inlet. Stunning and ever changing, spectacular vistas from every room. The house is surrounded by water on three sides. Ext...
Oceanfront, creekfront, inlet. Stunning and ever changing, spectacular vistas from every room. The house is surrounded by water on three sides. Ext...
$3,195,000 - Pawleys Island, SC @ Charlestowne Grant
- MLS#
- 1112907
- Class:
- Residential
- Status:
- Active
- Beds:
- 7
- Baths:
- 7 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Brenda Dusenbury of The Litchfield Company RE
Stunning beach home offering ocean views from all levels of the home. This quality construction home offers 7 bedrooms, 7 1/2 baths and large and r...
Stunning beach home offering ocean views from all levels of the home. This quality construction home offers 7 bedrooms, 7 1/2 baths and large and r...
$3,099,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 207749
- Class:
- Residential
- Status:
- Active
- Beds:
- 8
- Baths:
- 4 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Ashley Carter of Pawleys Island Realty Co
Great opportunity to own two lots, one of which is oceanfront (300H Myrtle) and adjacent lot to the west which has an eight bedroom house (300 G My...
Great opportunity to own two lots, one of which is oceanfront (300H Myrtle) and adjacent lot to the west which has an eight bedroom house (300 G My...
$2,995,000 - Pawleys Island, SC @ The Peninsula At Inlet Point
- MLS#
- 1021469
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Martin Phillips of The Litchfield Company RE
Fantastic oceanfront home in exclusive neighborhood of Inlet Point South with community boat ramp and pool. Wonderful kitchen has upgraded applian...
Fantastic oceanfront home in exclusive neighborhood of Inlet Point South with community boat ramp and pool. Wonderful kitchen has upgraded applian...
$2,900,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 1201936
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 4 Full / N/A
- Class-Type:
- Detached
Provided courtesy of Ashley Carter of Pawleys Island Realty Co
Private, secluded and sublime. Oceanfront with creek middle of The Island, one of the prettiest lots on Pawleys Island. One hundred feet of oceanfr...
Private, secluded and sublime. Oceanfront with creek middle of The Island, one of the prettiest lots on Pawleys Island. One hundred feet of oceanfr...
$2,895,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 708455
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 3 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Walter McElveen of Pawleys Island Realty Co
Two story Ocean front home built in 1991. Enjoy 5 large bedrooms with 3.5 baths including one Hollywood bath. Included in sale is a marsh lot very ...
Two story Ocean front home built in 1991. Enjoy 5 large bedrooms with 3.5 baths including one Hollywood bath. Included in sale is a marsh lot very ...
$2,875,000 - Pawleys Island, SC @ Litchfield Beach
- MLS#
- 1308886
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 6 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Jamie Beard of The Litchfield Company RE
Spectacular oceanfront home in Litchfield Beach with lots of living space. This 6 bedroom, 6.5 bath home can be your oasis, and a true legacy for ...
Spectacular oceanfront home in Litchfield Beach with lots of living space. This 6 bedroom, 6.5 bath home can be your oasis, and a true legacy for ...
$2,789,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 1114509
- Class:
- Residential
- Status:
- Active
- Beds:
- 7
- Baths:
- 4 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Billy Mitchell of Tidewater Properties
Old Style Pawleys home situated on a double size lot, offers fun and excitement on the beach or in the creek. This 7 bedroom home offers a panorami...
Old Style Pawleys home situated on a double size lot, offers fun and excitement on the beach or in the creek. This 7 bedroom home offers a panorami...
$2,750,000 - Pawleys Island, SC @ North Litchfield Beach
- MLS#
- 1213049
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Martin Phillips of The Litchfield Company RE
Direct oceanfront home features a spacious open floor plan with a beautiful gourmet kitchen. Each bedroom has private bath. A fantastic large scre...
Direct oceanfront home features a spacious open floor plan with a beautiful gourmet kitchen. Each bedroom has private bath. A fantastic large scre...
$2,750,000 - Pawleys Island, SC @ Kimball-pearce
- MLS#
- 1213970
- Class:
- Residential
- Status:
- Active
- Beds:
- 14
- Baths:
- 12 Full / 2 Half
- Class-Type:
- Detached
Provided courtesy of Jimmy Smith of James W Smith Real Estate Co
OCEANFRONT Duplex featuring 12 bedrooms, 12 full baths & 2 half bath. Furnished. Property features a boardwalk with direct access to the beach. ...
OCEANFRONT Duplex featuring 12 bedrooms, 12 full baths & 2 half bath. Furnished. Property features a boardwalk with direct access to the beach. ...
$2,495,000 - Pawleys Island, SC @ The Reserve
- MLS#
- 1213068
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Nancy Siau of The Lachicotte Company of SC
Stunning location and spectacular 5 bedroom/5.5 en-suite bath waterfront home on over one acre, with direct views of the Intra-Coastal–Waterway, in...
Stunning location and spectacular 5 bedroom/5.5 en-suite bath waterfront home on over one acre, with direct views of the Intra-Coastal–Waterway, in...
$2,495,000 - Pawleys Island, SC @ North Litchfield Beach
- MLS#
- 1214637
- Class:
- Residential
- Status:
- Active
- Beds:
- 7
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Rick Bruce of The Litchfield Company RE
Beautifully renovated ocean front gem with 7 bedrooms and 5 1/2 baths. Enjoy a true Litchfield cottage feel with a touch of elegance on the north ...
Beautifully renovated ocean front gem with 7 bedrooms and 5 1/2 baths. Enjoy a true Litchfield cottage feel with a touch of elegance on the north ...
$2,395,000 - Pawleys Island, SC @ Litchfield Beach
- MLS#
- 1303372
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 4 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Linda Crampton of The Litchfield Company RE
Sun and Sand are right at your doorstep in this Unique Architecturally Designed Oceanfront Retreat with Expansive Beach Side Deck, Six Gracious Bed...
Sun and Sand are right at your doorstep in this Unique Architecturally Designed Oceanfront Retreat with Expansive Beach Side Deck, Six Gracious Bed...
$2,395,000 - Pawleys Island, SC @ Inlet Point South
- MLS#
- 1217857
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / N/A
- Class-Type:
- Detached
Provided courtesy of N. Stone Miller of James W Smith Real Estate Co
Oceanfront 5 bedroom, 5 bathroom fully furnished raised beach home located in the gated community of Inlet Point South. Inverted floor plan has th...
Oceanfront 5 bedroom, 5 bathroom fully furnished raised beach home located in the gated community of Inlet Point South. Inverted floor plan has th...
$2,325,000 - Pawleys Island, SC @ North Litchfield Beach
- MLS#
- 1306565
- Class:
- Residential
- Status:
- Active
- Beds:
- 7
- Baths:
- 6 Full / N/A
- Class-Type:
- Detached
Provided courtesy of Martin Phillips of The Litchfield Company RE
It is all about location and creating a family legacy for generations to come in this wonderful 7 bedroom oceanfront home located at the north end ...
It is all about location and creating a family legacy for generations to come in this wonderful 7 bedroom oceanfront home located at the north end ...
$2,275,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 725187
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Walter McElveen of Pawleys Island Realty Co
Modern Ocean Front home has the ultimate gourmet Kitchen, wood floors, elevator, 10 foot ceilings, fireplace, and wired for stereo. Beautiful views...
Modern Ocean Front home has the ultimate gourmet Kitchen, wood floors, elevator, 10 foot ceilings, fireplace, and wired for stereo. Beautiful views...
$2,250,000 - Pawleys Island, SC @ Litchfield Beach
- MLS#
- 1216308
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 6 Full / 1 Half
- Class-Type:
- Detached
Provided courtesy of Martin Phillips of The Litchfield Company RE
Very unique opportunity to have your dream home in a private island setting on the inlet/creek at South Litchfield. Dock permit in place. Spectac...
Very unique opportunity to have your dream home in a private island setting on the inlet/creek at South Litchfield. Dock permit in place. Spectac...
$2,250,000 - Pawleys Island, SC @ Not Within A Section/subdivision
- MLS#
- 1307466
- Class:
- Residential
- Status:
- Active
- Beds:
- 9
- Baths:
- 5 Full / N/A
- Class-Type:
- Detached
Provided courtesy of Angie Shoemaker of Re/Max Beach & Golf
Historic Pawleys Island home (circa 1937) on the deeper section of the Inlet at the desirable North end of the Island. Across the street from Atla...
Historic Pawleys Island home (circa 1937) on the deeper section of the Inlet at the desirable North end of the Island. Across the street from Atla...