Archives for March 2013

2013 Home Sales Bargins in Murrells Inlet

If you’ve been looking to buy a home in the Murrells Inlet area finding a bargin can be a daunting task since house hunters snap up well priced properties in a matter of days.  Looking for a home on the beach might be where the real bargins can be found based on the latest sales numbers for homes on Garden City Beach in Georgetown County.

Home buyers in Murrells Inlet the first quarter of 2013 paid less than the first quarter of 2012 based on sales prices to date in the MLS for Murrells Inlet single family homes.  The Median Sale Price fell 15.5% while the Average Sale price shows a 12.1% decline for homes sold in the Georgetown County portion of Murrells Inlet where the MSP for all sales to date was $296,000.

Homes on the Garden City Peninsula on average sold at 73% of list price year to date while homes in Murrells Inlet sold at 93% of list price.  One ocean front property took over 1400 days to sale and closed at less than 50% of original listing price helping to pull down the list to sale price numbers.  No homes in the Murrells Inlet area sold above $1 million in 2013 while in 2012 there were 2 ocean front homes sold in excess of $1.3 million.

With 18 properties currently priced over $1 million there might be some opportunity to pick up a water front home at a bargin price especially with the recent sales on the beach that could indicate some overpriced listings and with the high market time these sellers might be ready to make a deal. Copyright©2013 Sandra Bundy, Broker-in-Charge, B&P,Inc.  Serving the Grand Strand and Pee Dee South Carolina.

Hot Neighborhoods in Murrells Inlet

The Murrells Inlet Real Estate Market is heating up as more home buyers are finding Murrells Inlet is a great place to live.  Who can blame them for wanting to be within blocks of the Murrells Inlet Marshwalk, Veterans Pier and great Murrells Inlet restaurants.  The area real estate market is definitely heating up with new homes going up just in time for the spring buying season.

New home listings in Murrells Inlet are certain to get the attention of buyers and the prime location of these Murrells Inlet neighborhoods should be part of any home buyers looking to purchase in the next few months.

Hammock Point ~ Located on the Southern tip of Murrell Inlet with 31 home sites and eco-friendly pervious streets.  New homes priced from $189,900 this new neighborhood is just a short bike trip to Huntington Beach State Park.  Some homes offer some of  the most pristine views of Murrells Inlet.  HOA $60 per month.

Murrells Inlet Village ~ Featuring new raised beach cottages starting at $169,900.  Located on the south end of Murrells Inlet just off the bike path and across from Graham’s Landing.  No HOA.

Mallory Trace ~ New homes starting at $179,100 in the heart of Murrells Inlet.

South Bay Village ~ New homes starting at $299,900 feature metal roofs, hardy plank siding, granite and hardwood flooring.  HOA $69 per month.  Located beside the Inlet Sports Lodge.

Creekside Cottages ~ Located just 1 block from the creek and Murrells Inlet Bike Path and Public Boat Landing has several 3 and 4 bedroom new homes starting at $273,000.  HOA $60 per month with a community pool.

With over 200 properties on the market for sale in Murrells Inlet there is something for everyone.  From condo units starting at $78,000 and single family homes starting at $69,900 call us today for help finding your Murrells Inlet home.  Copyright©2013 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Grand Strand and Pee Dee South Carolina.