Selling Your Murrells Inlet Home

Spring is just around the corner and typically means Murrells Inlet home sellers get ready to place their home on the market in order to catch the wave of home buyers that look for homes so a summer move won’t disrupt the school year.  In an area like Murrells Inlet and the attraction from resort and second home buyers typical might not hold true for that rule but the spring and summer months look promising for Murrells Inlet real estate.

The rent versus sell decision should not be taken lightly especially if your original purchase was in the last few years and you fully intended to keep the property.  Rental units are in demand in Murrells Inlet and along the Grand Strand and while sale price declines appear to be leveling increasing values might not occur in the short term.  Location means everything and we can assist you with analysing your sell or rent senario or buy or rent if you are looking to buy a Murrells Inlet home.

This infographic has some great info for home sellers but don’t forget your REALTOR® can be invaluable when listing your home for sale or when you are looking to buy a home.  If you need assistance or have any questions about selling your Murrells Inlet home let us know as we are here to help. Copyright©2012 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.



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Murrells Inlet Neighborhood Spotlight – Indigo Creek

When it comes to established Murrells Inlet neighborhoods in a nice quiet setting Indigo Creek just off Highway 17 Bypass offers a variety of home styles and price points with many located on the Indigo Club Golf Course.  Since it was first developed in the early 90’s Indigo Creek has grown to over 600 residences with a few select home lots remaining and has attracted new residents from all over the country over the years.

The 7 member HOA board at Indigo Creek in Murrells Inlet consists of residents from various backgrounds and is very mindful of keeping down costs for homeowners and works closely with K. A. Diehl & Associates the HOA management firm for the community.  Committees reports are presented to homowners by way of a quartely newsletter to keep all residents informed on matters important to Indigo Creek homeowners.   In addition they also provide many volunteer & social opportunites for residents to interact with fellow homeowners on a regular basis.

Indigo Creek HOA fees are low at $46 per month and there is a community pool and clubhouse for residents to enjoy.  With an average sale price hovering just above $183k home prices are very affordable and average days on market is 142 days for the 19 homes sales to date.

Indigo Creek is located in Horry County and the St. James School District and could be the ideal spot for your new Murrells Inlet home.  Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.



Murrells Inlet Home Sales Trends for October 2011

Murrells Inlet Home Sale Data October

With 44% of single family homes sold in the Georgetown County portions of Murrells Inlet in October being distressed sales it is no surprise that the average sale price of $333,978 is down 10% from the same month last year.  The median sale price for Murrells Inlet homes marks over a 13% decline over October 2010 and much of the loss in value appears to be coming from the decline in home sale prices for the Garden City Beach vacation homes.

Over the last year only 3 of the 108 single family homes sold surpassed the million dollar sale price mark while there were 8 sales over $1 million in the previous year with one Garden City Beach home selling at over $2 million dollars in April 2010.  A majority of Murrells Inlet homes sold over the last year were in the $200,000 to $300,000 dollar range with 47 sales marking a 36% increase over the previous year and home sales below $199k also increased over the period.

New construction appears to be picking up in Murrells Inlet with several new homes at Boat House Run new the new Jetty View Project and the first home is also being constructed at Flag Pointe on Murrells Inlet Creek in addition to home starts across from the bike path at the southern tip of Murrells Inlet.  No doubt Murrells Inlet is a great place to call home and will be home to many new residents in the coming year as these new construction homes close to Murrells Inlet Creek, Marshwalk, bike path and boat landing are certain to draw a crowd. Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.

If you need assistance with buying a Murrells Inlet home or have questions about your home’s value contact Sandra Bundy @843-902-7615 for more information.