Page 12 - Flipbook 2020

2019 COASTAL CAROLINAS HOUSING MARKET

GRAND STRAND COMMUNITIES ANNUAL REPORT

QUICK FACTS
AT-A-GLANCE

MEDIAN SALES PRICE DAYS ON MARKET UNTIL SALE
BY PRICE RANGE
$239K
$228K
LORIS $211K 2015 2016 2017 2018 2019
$195K $202K
$100,000 AND BELOW 107
LONGS
$128K $133K $140K $100,001 TO $150,000 112
$120K
LITTLE RIVER $115K
$150,001 TO $200,000 126
NORTH MYRTLE BEACH
$200,001 TO $300,000 138
MYRTLE BEACH $300,001 AND ABOVE 159
SINGLE FAMILY PROPERTIES CONDO PROPERTIES
CAROLINA FOREST
CLOSED CHANGE NEW TOWNHOUSE NEW HOMES
CONWAY SALES FROM 2018 CONSTRUCTION CONDO LISTINGS FOR SALE
Entire Market 15,419 +4,7% 22.4% 39.2% 20,926 5,919
AYNOR Horry County 13,999 +4.4% 23.6% 40.3% 18,913 5,153

SURFSIDE BEACH Georgetown County 1,435 +8.5% 11.3% 28.3% 2,055 784
Current as of January 10, 2020. All data comes from the Coastal Carolinas Association of REALTORS Multiple Listing Service. Provided by South Carolina REALTORS . Report 2020 ShowingTime.
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GARDEN CITY
PROPERTY TAX AND MILLAGE RATES COST OF LIVING INDEX
MURRELLS INLET
City and County property taxes on real estate are taxed at the rate of 4% on CITIES TOTAL HOUSING
LITCHFIELD primary residences and 6% on secondary residences. Each mill represents $1
Stretching nearly 60 miles along the coast and in taxation per every $1,000 of a property assessment. New York, NY 220.4 451.4
40-50 miles inland, the Grand Strand spans PAWLEYS ISLAND San Francisco, CA 161.6 295.6
both Horry and Georgetown County. While GEORGETOWN COUNTY HORRY COUNTY
our area continues to expand, just across the GEORGETOWN Districts & Millage Rates Millage Rates Washington, D.C. 140.1 249.3
border in North Carolina the beach towns of Tax Year 2019 Tax Year 2019 Boston, MA 139.7 176.5
Brunswick County are also quickly growing to DISTANCE IN MILES Pittsburgh, PA 121.3 142.9
welcome an influx of new residents. TO MAJOR U.S. CITIES Districts 1, 2, 3 243.5 Atlantic Beach 84.5 Charleston, SC 100.2 89.4
Districts 4, 42 224.8 Aynor 60.8
Source: Myrtle Beach Statistical Abstract Virginia Beach, VA 100.1 96.4
The perfect balance of pristine beaches and District 41 225.4 Briarcliffe Acres 45.0
urban opportunity, these communities offer New York, NY 685 Districts 5, 6 207.9 Conway 76.0 Charlotte, NC 95.7 84.3
a variety of real estate options, a low cost of Washington, D.C. 450 (county & school only) Horry County 52.4 Atlanta, GA 95.3 87.7
living, endless things to do, and a whole lot of City of Georgetown 310.3 Loris 118.5 Myrtle Beach, SC 94.1 73.9
southern hospitality! (District 5, county) Myrtle Beach 78.9
Town of Andrews 344.9 North Myrtle Beach 37.1 (U.S. Average 100% In All Categories)
(District 6, town & county) School 128.1
Source: *ACCRA Cost of Living Index provided by The Myrtle Beach Regional Economic
School 144.1 Surfside Beach 43.0 Development Corporation (MBREDC.org).
Atlanta, GA 364 Horry County Auditor’s Office, Georgetown County Deputy Auditor
Miami, FL 704 *Millage rates may be subject to change.
Atlantic Ocean HORRY COUNTY’S TOP 10 EMPLOYERS Employees HORRY COUNTY’S TOP 5

INDUSTRIAL EMPLOYERS Employees
1. Horry County School District 5,650
2. Wal-Mart 2,800 1. Conbraco Industries, Inc. 420
3. Horry County Government 2,200 2. New South Lumber 185
4. Coastal Carolina University 2,125 3. Precision Southeast, Inc. 180
5. Conway Hospital 1,400 4. UFP Mid Atlantic, LLC 175
6. Grand Strand Regional Medical Center 1,350 5. Metglas, Inc. 140
215 64°F 67°F 65 51 150 77 51.4 IN 7. Food Lion 1,150
8. McLeod Loris Seacoast 980
SUNNY DAYS AVERAGE AVERAGE DAYS ABOVE FROST DAYS OVERCAST DAYS DAYS WITH RAIN AVERAGE 9. City Of Myrtle Beach 904
ANNUAL AIR ANNUAL OCEAN 90 DEGREES ANNUAL 10. Horry Telephone Cooperative 690
TEMPERATURE TEMPERATURE RAINFALL Source: MBREDC.org

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