Carolina Forest - ShowingTime

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Local Market Update – February 2020 A Research Tool Provided by the Coastal Carolinas Association of REALTORS® Carolina Forest Area: 10B Single-Family Properties February Year to Date Key Metrics 2019 2020 Percent Change 2019 2020 Percent Change New Listings 99 108 + 9.1% 227 217 - 4.4% Closed Sales 56 63 + 12.5% 120 123 + 2.5% Median Sales Price* $262,705 $295,000 + 12.3% $265,205 $300,000 + 13.1% Percent of List Price Received* 98.1% 98.4% + 0.3% 97.6% 98.0% + 0.4% Days on Market Until Sale 138 150 + 8.9% 140 139 - 0.6% Inventory of Homes for Sale 354 353 - 0.3% -- -- -- * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. Condo Properties February Year to Date Key Metrics 2019 2020 Percent Change 2019 2020 Percent Change New Listings 52 46 - 11.5% 99 112 + 13.1% Closed Sales 23 38 + 65.2% 45 66 + 46.7% Median Sales Price* $122,500 $122,500 0.0% $121,000 $124,750 + 3.1% Percent of List Price Received* 96.2% 97.3% + 1.2% 96.9% 97.4% + 0.5% Days on Market Until Sale 94 92 - 2.3% 85 99 + 15.9% Inventory of Homes for Sale 115 134 + 16.5% -- -- -- * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. Historical Median Sales Price Rolling 12-Month Calculation Single-Family Properties Condo Properties Georgetown and Horry Counties — Georgetown and Horry Counties — Carolina Forest — Carolina Forest — $300,000 $160,000 $275,000 $140,000 $250,000 $120,000 $225,000 $100,000 $200,000 $80,000 $175,000 $150,000 $60,000 1-2010 7-2011 1-2013 7-2014 1-2016 7-2017 1-2019 1-2010 7-2011 1-2013 7-2014 1-2016 7-2017 1-2019 Current as of March 10, 2020. All data comes from the Coastal Carolinas Association of REALTORS®. | Sponsored by South Carolina REALTORS®. Report © 2020 ShowingTime. | Information deemed reliable but not guaranteed. Consult your agent for market specifics.