Wednesday, January 12, 2011

Monthly Marketing Report for the Grand Strand.

During December, SFR and condo sales were up versus prior year levels.  The increase was driven by a record number of distressed sales (37% of all sales).  This level of distressed activity led to a low median sales price of $169,900 and $109,900 for SFR and Condos, respectively.  For the full year, SFR and Condo sales were up approx. 15% and 20%, respectively.

(Source:  SiteTech Systems)

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