Myrtle Beach Real Estate Trends

Market Trends

2017 was a huge year for Real Estate nationwide and speicifically in my market of Myrtle Beach, SC. 

2017 brought over $400 million in new commercial contruction bolsterting the areas tourism sector to new heights. 

From a residential prospective we saw a 9.2% increase in single family home sales and a 16.3% increase in condo sales!

Myrtle Beach is one of the fastest growing cities in the country right now due to its low cost of living and the baby boomers retiring in full force. 

New contrsuction continues to dominate our marketplace and builders are scrambling to meet ever changing buyer demands. 

In Summary, 

The Myrtle Beach market is changing from the "Affordable vacation spot" to quickly becoming a highly attractive retirement/ living community. 

We are seeing these shifts take place in the real estate market and will be change the face of Myrtle Beach as we know it moving forward. 

 Thanks for reading!