Great Deals in Myrtle Beach: Your Guide to the Real Estate Market

TLDRDiscover how to take advantage of the current real estate market in Myrtle Beach and get great deals on properties. Learn about the average prices, market trends, and inventory for single-family homes, condos, and townhomes. Find out why now is a great time to buy or sell in the oceanfront market. Stay informed and make the most of the opportunities.

Key insights

💰Prices of condo and townhome properties in Myrtle Beach have increased in January, while single-family home prices have decreased.

🏡There is currently a significant increase in inventory in the market, with properties staying on the market for a longer period.

🌊The oceanfront market in Myrtle Beach is currently a buyer's market, making it an opportune time to invest in oceanfront properties.

🤝Whether you're looking to buy or sell in Myrtle Beach, it's important to discuss your options with a real estate professional to determine the best plan for you.

👍If you found this video helpful, please leave a like and subscribe to our channel for more weekly updates on the Myrtle Beach real estate market.

Q&A

What were the average prices for single-family homes in January?

The average price for single-family homes in Myrtle Beach in January was $520,000.

Are condo and townhome prices increasing or decreasing?

Condo and townhome prices in Myrtle Beach have increased in January.

How long are properties staying on the market?

Properties in Myrtle Beach are staying on the market for an average of 104 days.

Is now a good time to buy or sell in the oceanfront market?

Yes, now is a great time to buy or sell in the oceanfront market in Myrtle Beach due to the current buyer's market.

Where can I get more information and advice?

For more information and personalized advice, it is recommended to contact a real estate professional specializing in the Myrtle Beach market.

Timestamped Summary

00:00The video introduces the current real estate market in Myrtle Beach and highlights the opportunity to get great deals on properties.

01:12The average prices, market trends, and inventory for single-family homes, condos, and townhomes are discussed.

02:43The oceanfront market in Myrtle Beach is emphasized as a buyer's market with a significant inventory of properties.

03:35Tips on buying and selling in the current market are given, emphasizing the importance of consulting with a real estate professional.

04:50The video concludes with a request for viewers to leave a like and subscribe for more updates on the Myrtle Beach real estate market.