Friday, October 9, 2009

Year To Date Statistics

In all of North Myrtle Beach
(Cherry Grove, Ocean Drive, Crescent Beach, Atlantic Beach, Windy Hill)
Residential Homes
2004
Amount Closed 272
Avg Asking Price $275,616

Avg Sales Price $265,386
2005
Amount Closed 373
Avg Asking Price $343,513
Avg Sales Price $335,544
2006
Amount Closed 291
Avg Asking Price $408,468
Avg Sales Price $393,473
2007
Amount Closed 186
Avg Asking Price $484,804
Avg Sales Price $453,402
2008
Amount Closed 127
Avg Asking Price $347,471
Avg Sales Price $323,909
2009
Amount Closed 150
Avg Asking Price $347,035
Avg Sales Price $312,445

Analyzing The Numbers
From these statistics, you can see that so far this year, we have sold more homes than in the same time period in 2007 and 2008.

Although our average sales price is not as high as in the past couple of years, these number prove that over a 5 year period (Oct 2004-Oct 2009) we have seen over 15% appreciation in average sales price.

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