Myrtle Beach Area Real Estate News & Market Trends

We hope you find the blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you! For questions or curiosity please call/text Olivia Leskoske at (803) 673-3311 today!

Jan. 3, 2023

January 2023 Happenings & Market Report!

 

Market Update

 

Horry County Residential:  

  • 583 closed sales with a median list price of $382,020
  • Median days on market is 106
  • The median selling price is $372,602 with homes selling at 97.5% of asking price

 

Horry Country Condos/Townhomes: 

  • 314 closed sales with a median list price of $239,900
  • Median days on market is 66
  • The median selling price was $229,500 with condos/townhouses selling at 96% of asking price

 

Info based on sales from 12/1 - 12/31

 

Things to do in Myrtle Beach

 

South Carolina Restaurant Week

January 12 - 22

Varying Locations

SC Restaurant week is a great opportunity to support local and try out those restaurants that you've been wanting  to try. Check out their website to see what each place has to offer. 

 

Inaugural Hot Chocolate Classic 

January 21st

The Hangout at Broadway 

This is a first year event to help raise funds for Horry County Schools. Choose from a classic 5K or 1 mile fun run. Finishers can enjoy breakfast afterwards and the hot chocolate bar with smores.

 

Grand Strand Boat & Sportsman Expo

January 6th - 8th

Myrtle Beach Convention Center

Annual boat expo! From fishing boats, ATVs, Sea Doos to golf carts come check out this array of toys for those who love the outdoors!

 

Murrells Inlet Soup Off

January 15th

Suck Bang Blow in Murrells Inlet

This 14th annual event benefits the Shriner's Hospital for Children. Taste testers can purchase tickets on site. Come out and enjoy different soups for a good cause while meeting locals!

Posted in Market Updates
Dec. 29, 2022

Top 10 Things to Do in Myrtle Beach!

 

 

Myrtle Beach, South Carolina is one of the most popular vacation destinations in the United States. It's renowned for its sandy beaches, family-friendly attractions, and world-class golf courses. Whether you're looking for a romantic getaway or a family-fun adventure, Myrtle Beach has something for everyone. With so much to do, it can be hard to narrow down your choices. To help you out, we've compiled a list of the top 10 things to do in Myrtle Beach, SC. From action paced days at the beach to relaxing boat cruises, you won't want to miss out on these unique experiences.

 

1) Go to the beach

Myrtle Beach, South Carolina is known for its stunning beaches and unbeatable views. Whether you're looking to sunbathe, swim, or just enjoy the view, there are plenty of ways to enjoy a day at the beach. If you’re planning to sunbathe, be sure to bring a towel, sunscreen, and plenty of water. Pack snacks or lunch if you plan to stay for a few hours and don’t forget a camera to capture the memories.

 

Swimming is also an enjoyable activity at Myrtle Beach’s beaches. The ocean is the perfect place for a refreshing dip. Don’t forget your bathing suit and beach toys for those looking for a little more excitement in the water. 

 

Beach-goers who are looking for a more leisurely experience should consider a stroll along the shore. Enjoying the sights, sounds, and smells of the ocean can be a great way to relax and unwind. Plus, it’s the perfect opportunity to find unique seashells or even sharks teeth.No matter what activities you choose to do on your day at the beach, make sure to enjoy every second of it. Myrtle Beach offers plenty of opportunities to have fun in the sun!

 

2) Visit Broadway at the Beach

Broadway at the Beach is one of the most popular attractions in Myrtle Beach, South Carolina. Located in the heart of the Grand Strand, this bustling entertainment complex offers a variety of fun things to do. With over 350 acres of shopping, dining, nightlife, and attractions, there’s something for everyone at Broadway at the Beach.

 

In addition to children’s attractions, you’ll also find plenty of shopping and dining options at Broadway at the Beach. With over 100 stores and restaurants, there’s something to suit every taste. The area also has plenty of nightlife options, with live music and nightclubs. Or if you’re looking for something more laid back, you can take a leisurely stroll around Lake Broadway and admire the views.

 

No matter what brings you to Myrtle Beach, make sure to pay a visit to Broadway at the Beach. With its mix of exciting rides, delicious food, and fantastic shopping, it’s one of the must-visit attractions in town!

 

3) Attend a show at the Palace Theater

The Palace Theater in Myrtle Beach is the perfect spot to enjoy a night out with friends or family. Enjoy a variety of plays, musicals, concerts, and comedy shows throughout the year. Whether you’re looking for a laugh-filled evening or an evening of music, the Palace Theater has something for everyone.

 

The Palace Theater offers a variety of different show options. From classic Broadway shows to concerts and local theater groups, the Palace Theater has something for everyone. The theater hosts some of the best musicians from around the country, performing hits from the past and present. Comedy fans will love the improv performances from some of the best local comedians, as well as a variety of national acts.

 

Visiting the Palace Theater is a must-do when visiting Myrtle Beach. The theater itself is beautiful and boasts incredible acoustics, making it a great spot to watch a show. There are several restaurants nearby if you’d like to make a night out of it before or after the show. Make sure to check out their website for the most up-to-date schedule of shows so you don’t miss out on a great night out.

 

4) Play mini golf

Mini golf is a great way to enjoy some friendly competition while visiting Myrtle Beach. With over 40 courses, there’s plenty to choose from! These courses often have fun themes and designs like pirate ships, castles, and other creative ideas.

 

If you’re looking for an indoor course, try Aloha Mini Golf. This family-friendly course is a great way to get out of the sun and cool off. For more traditional mini golf, stop by Captains’s Hook! With two 18-hole courses, it’s a great place for the whole family to get in some practice on the green. You’ll find many options to play throughout the Grand Strand, each with unique features such as waterfalls, crashed planes and even wild instances. 

 

So if you’re in the mood for some friendly competition, head to Myrtle Beach for some mini golf. With plenty of courses to choose from, you’ll be sure to find something that suits your needs!

 

5) Visit Ripley's Aquarium

Ripley's Aquarium of Myrtle Beach is a must-see for anyone visiting the area. Located in the heart of Myrtle Beach, this amazing aquarium houses more than 10,000 aquatic creatures, from sharks and rays to sea turtles and jellyfish. There are interactive displays and activities for everyone to enjoy. Kids can get up close and personal with the animals, touch stingrays and feed colorful tropical fish. Adults can take a behind-the-scenes tour and learn about the fascinating world of ocean life. No matter what age you are, Ripley's Aquarium of Myrtle Beach is sure to be a memorable experience.

 

6) Go on a dolphin cruise

One of the best things to do in Myrtle Beach, SC is to take a dolphin cruise. This activity allows you to get up close and personal with some of the majestic creatures of the sea, while enjoying the beautiful scenery of the Atlantic coast. There are several different companies that offer these types of cruises in the area, so you are sure to find one that fits your needs. 

When taking a dolphin cruise, you will typically get to spend between two and four hours out on the ocean, depending on the company you choose. During this time, you will have the opportunity to witness dolphins playing and jumping in the waves, as well as other wildlife that may be passing by. Most of these cruises also provide educational narration about the dolphins, which will allow you to learn more about these incredible animals. 

The majority of these tours leave from Murrells Inlet or Little River, which are located south and north of Myrtle Beach. Prices for a dolphin cruise can vary, but generally range from $30 - $50 per person, depending on the length and type of tour you choose. So whether you are looking for a fun family activity or just want to enjoy a romantic evening out on the water, make sure to book a dolphin cruise in Myrtle Beach!

 

7) Take a walk or ride a bike on the Boardwalk

One of the best ways to take in the beauty of Myrtle Beach is to take a stroll or ride a bike on the iconic Boardwalk. This 1.2-mile long path extends from the 2nd Avenue Pier all the way to 14th Avenue and is lined with shops, restaurants, and attractions. Visitors will love taking in the scenery as they make their way along the oceanfront. Bike rentals are available and visitors can choose from a variety of different styles. Once you reach the other end, head back and enjoy the sunset on the horizon. There's no better way to experience Myrtle Beach than by strolling down the Boardwalk!

 

8) Visit the Myrtle Beach SkyWheel

If you're looking for a one-of-a-kind experience in Myrtle Beach, you must check out the Myrtle Beach SkyWheel. This 200-foot tall ferris wheel is located at the heart of the Grand Strand and offers breathtaking views of the city. You can take a slow ride for about ten minutes in a completely enclosed gondola or get an adrenaline rush with the glass bottom cars. Either way, you’ll be mesmerized by the panoramic view of the beach and ocean below. And don’t forget to snap a selfie with the Myrtle Beach Pier in the background! The SkyWheel is open late every night and tickets are reasonably priced, making it a great way to end your day in Myrtle Beach.

 

9) Shop at Barefoot Landing

If you're looking to do some shopping while visiting Myrtle Beach, SC, then you must check out Barefoot Landing. This sprawling shopping complex is located along the Intracoastal Waterway and offers visitors a unique blend of shopping, dining and entertainment experiences. From retail stores to restaurants, there's something for everyone at Barefoot Landing.

At Barefoot Landing, you can shop for souvenirs, apparel, home décor and more at over 100 stores. From the popular name brands to local boutiques, there's sure to be something that catches your eye. There are also a variety of specialty stores, including jewelry stores, a candy shop, art galleries and more. Whether you're looking for a special gift or something for yourself, you'll find it at Barefoot Landing.

When you need a break from shopping, you can take a break and enjoy the many restaurants at Barefoot Landing. There's something for every taste here, from casual to fine dining. You can also enjoy live entertainment at the House of Blues or take in some classic entertainment with a show at the Alabama Theatre.

 

No matter what type of shopping experience you're looking for, you'll find it at Barefoot Landing. From trendy apparel to one-of-a-kind gifts and unique restaurants, there's something here for everyone. So when you're in Myrtle Beach, make sure to stop by Barefoot Landing and enjoy everything it has to offer.

 

10) Try some local seafood

Myrtle Beach is home to some of the freshest and most delicious seafood in the country. From succulent oysters to flaky white fish, there are endless options for those looking to enjoy a great meal during their stay. If you’re feeling adventurous, try one of the local restaurants where you can find a variety of fresh catches. Enjoy fried shrimp and hush puppies, or go for something more upscale like blackened redfish or crab cakes. Whatever you choose, you’ll be sure to have a seafood experience that will leave you wanting more! 

After your meal, take a stroll along the boardwalk and soak in the sights and sounds of this beautiful beach town. For something a bit more lively, check out the Murrells Inlet Marshwalk. This outdoor promenade runs along a beautiful creek filled with boat traffic and wildlife. There are plenty of restaurants and shops on the Marshwalk where you can find everything from fresh local seafood to a steak dinner. Whether you’re looking for a quick bite or a full night out, the Murrells Inlet Marshwalk is a great way to spend an evening in Myrtle Beach.

Posted in Community Info
Dec. 1, 2022

December 2022 Market Update & Happenings!

As we move into December and close out the year I want to wish you and your family a wonderful holiday season. Whether you're a past or future client I hope you have found me to be a resource and guide through the real estate market here at the beach. I'll be working all through December so if there is anything I can help with please don't hesitate to reach out!

 

Market Update

Horry County Residential:  

  • 544 closed sales with a median list price of $354,497
  • Median days on market is 92
  • The median selling price is $356,792 with homes selling at 99% of asking price

Horry Country Condos/Townhomes:  

  • 333 closed sales with a median list price of $245,000
  • Median days on market is 63
  • The median selling price was $240,000 with condos/townhouses selling at 98% of asking price

Info based on sales from 11/1 - 11/30

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Posted in Market Updates
Nov. 14, 2022

Best Dog Parks in Myrtle Beach

 

Myrtle Beach is a well-liked vacation spot with a subtropical temperature and lovely beaches. Every year, the city receives up to 14 million tourists, many of them travel with their dogs to this dog-friendly town. Myrtle Beach is regarded as a dog-friendly community since there are many beaches, parks and restaurants where dogs are permitted. 

 

City of Myrtle Beach Barc Parcs

 

There are two off-leash dog parks in Myrtle Beach where owners can let their animals play and run about. Both parks offer separate areas for large and small dogs and are completely fenced.

 

On 62nd Avenue North Extension, Barc Parc North is next to the Claire Chapin Epps Family YMCA. It was inaugurated in the fall of 2009 and spans 3.3 acres.

 

The original leash-free dog park, Barc Parc South, is located off Mallard Lake Drive next to Grand Park and The Market Common. A sizable lake is part of the 14-acre park.

 

The Barc Parc rules are listed below. The height requirements for dogs are indicated on the entrance gates. Additionally, there are posted guidelines for conduct, and owners are in charge of cleaning up after their animals and disposing of their waste correctly. There are supplied helpful cleaners.

 

 

Barc Parc Rules

 

  • Park is open from sun up to sun down.
  • All dogs entering the park need to be spayed or neutered.
  • All dogs must be properly licensed, vaccinated and healthy prior to entering the park.
  • Aggressive dogs are not permitted. Any dogs showing signs of aggression should leave the park immediately.
  • Children under the age of 8 and puppies under 4 months are prohibited from entering the park. 

A full list of rules can be found here on the City of Myrtle Beach’s website. 

 

 

Posted in Community Info
Nov. 1, 2022

November 2022 Market Update


Still want a 2 - 3% interest rate?!

Let's talk assumable mortgages! A majority of government backed mortgages such as FHA, VA and USDA loans could be assumable by the buyer. This means you could 'assume' the sellers current mortgage at a potential low rate of 2-3%. 

 

Free Refinance Programs

A new program just rolled out with a local lender that allows buyers who have purchased with them to refinance at no cost. Ultimately you could get a lower interest  rate, lower monthly payment AND not miss out on the house!

 

There's so many ways with financing to help you get the home of your dream. Don't let a 7% interest rate scare you away. Call me and we can discuss!

 

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Posted in Market Updates
Oct. 1, 2022

October 2022 Market Update & Happenings

Marry the House, Date the Rate

We talked about this expression in our quarterly business meeting this past week. While none of use have a crystal ball to know what's to come in the future, we all know for certain that you don't want to miss out on the house that might be "the one." We have seen many price reductions lately and homes are now staying on the market for a couple months. With the latest federal increase, we're seeing current mortgage rates at around 7%. Historically speaking, it’s still a low rate and if rates are to drop back down again you can refinance and drop your monthly mortgage payments. If a low rate is most important there's way to help buy down the rate and you can ask for seller concessions to help. Feel free to reach out and we can talk about it more to see what might work best in your situation!


Thankfully Ian did minimal damage. Here's a photo of a shrimp boat that washed up on shore from it! Some things are for certain though that will never change about Myrtle Beach, the beach isn’t going anywhere, property taxes are low and we have fantastic weather. Click the link at the bottom to see how beautiful it is today after the storm. 

 

Market Update

Horry County Residential:  

  • 746 closed sales with a median list price of $365,000
  • Median days on market is 81
  • The median selling price is $359,014 with homes selling at 98% of asking price

Horry Country Condos/Townhomes:  

  • 421 closed sales with a median list price of $235,000
  • Median days on market is 62
  • The median selling price was $225,000 with condos/townhouses selling at 96% of asking price

Info based on sales from 9/1 - 9/30

Things to do in Myrtle Beach

Little River Shrimp Fest
October 8 - 9 from 9am - pm
Little River Waterfront
Don't miss out on this 17th Annual event! Over 100 vendors to chose from and two stages of live music. Plus free views at the Historic Waterfront!
 
Loris Bog-Off
October 15 
Downtown Loris
If you haven't tried this South Carolina staple, it's a must! You can find many varieties to try of this chicken, rice & sausage dish! The ultimate comfort food.
Myrtle Beach Greek Festival
October 13 - 16
Saint John Greek Orthodox Church
If you like Greek food, then this is the event for you! They have all the traditional Greek dishes and pastries to try while learning about their culture.

Taste of the Town
October 18
Myrtle Beach Convention Center
A locals favorite! This yearly event features many of the Grand Strands best restaurants all in once place. Come hungry and meet all the locals!
Posted in Market Updates
May 1, 2022

Barefoot Resort and Golf Driving Tour!

Barefoot Resort is a popular destination for golf lovers, families and beach goers! Barefoot Resort is home to the Fazio, Norman, Love and Dye golf courses. Tucked away in this community is a mix of housing including single family homes, townhomes and golf villas. If you've been to Barefoot Landing and look across the Intracoastal Waterway you can see the Yacht Club Villas and North Tower standing tall. This large community has so much to offer and there is so much information packed into this short video. It gives you a glimpse of the community and all it has to offer. As always, you can reach out anytime with questions or for more information!

 

Barefoot Community Tour Video

Posted in Community Info
Jan. 26, 2022

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates