As we head into June, the Myrtle Beach real estate market continues to transition. While not officially a buyer’s market, we’re definitely trending in that direction.
Here’s the breakdown:
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Median Sales Price: Dropped 6% compared to June 2024
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Average Days on Market: 114
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Active Listings: Single Family Homes: 6459 | Condos + Townhomes: 4.044
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Buyer/Seller Balance: Still considered a balanced market, but inventory outweighs demand
What This Means for Buyers
If you’ve been sitting on the sidelines, this may be your season. More homes on the market means more choices, less competition, and more negotiation room—especially on homes that have been sitting.
What This Means for Sellers
While demand isn’t sky-high, well-maintained, properly priced homes are still moving. Today’s buyers are motivated, but they’re also value-conscious. That means sellers who stage well, price smart, and market strategically can still come out ahead—especially if they’re planning to buy next.
Final Thoughts
Markets shift. That’s what they do. What matters is how you position yourself within those shifts. Whether you’re ready to list, start touring, or just want to know your home’s current value—I’ve got you.
Let’s chat about your next move.
"Every Home Tells A Story. I'm Here To Help You Write Yours."
Elayna Cassidy
Realtor® | Chris Koppel Team | Innovate Real Estate
Phone: 843.585.3236
Email: [email protected]
