Grand Strand Real Estate News - December 2021

December 2021

Volume 2021 Issue 12

Dear {First Name},

Summary

I hope everyone is having a wonderful holiday season. Included throughout this newsletter are pictures taken by my company’s agents at this year’s Christmas party at Nights of A Thousand Candles at Brookgreen Gardens, a world-class 9100 acre sculpture garden and wildlife preserve located just south of Murrells Inlet ( https://www.brookgreen.org/ ). 

For the first time in 14 months, the inventory of active condo listings in oceanfront buildings increased. There are 166 oceanfront condo listings, up from 150 at the end of last month. The number of active condo listings off the ocean declined slightly, to 268, down from 282 last month. See the updated chart below.

This uptick in inventory could just be a pause due to the fact that December is a slow sales month or it could be because more listings are entering the market as higher prices entice sellers. The sales pace is also slowing because asking prices have gone up enough so that listings aren’t selling instantly. The pace of both new listings and purchases increases in the spring so it’s going to be a great time to sell (or buy)!

Teressa and I will close out the year with around $29 million in sales volume and over 110 sales. My company, RE/MAX Southern Shores, has over $921 million in sales volume. 

For those of you who have bought or sold through our team in the past, a donation (from The Beach Pro Team) was made in your name to The Children’s Miracle Network Hospitals ( https://childrensmiraclenetworkhospitals.org/ ). My company’s agents have contributed $65,515 so far in 2021. My team has contributed, in the names of our clients, over $3400 so far this year. If you allow us to help you buy or sell on the Grand Strand, a child somewhere will benefit as well. 

Check out all our usual Grand Strand Market Reports, Sales and Listing Updates, my Best Buys, and new Beach Pro Team reviews.

Greetings from The Grand Strand,

I hope everyone is having a wonderful holiday season. The beach has still been busy with lots of visitors and strong sales activity. As I did last month, I’m going to keep it light and include a grab bag of information in this newsletter rather than focusing on any one big theme. There will be lots of meaty stats in the coming months.

Included throughout this newsletter are pictures taken by my company’s agents at this year’s Nights of A Thousand Candles at Brookgreen Gardens. This is an annual treat for me and my family and for the second year in a row my company Christmas party was a gathering at the festival. For those not familiar with it, Brookgreen Gardens is a world-class 9100 acre sculpture garden and wildlife preserve located just south of Murrells Inlet ( https://www.brookgreen.org/ ). The gardens are open daily most of the year and there are frequent special events during every season. The Nights of a Thousand Candles festival runs several nights each week for about a month and a half during the holidays and is attended by tens of thousands. Be sure to buy tickets in advance. They often sell out.  

For the first time in 14 months, the inventory of active condo listings in oceanfront buildings increased instead of declining - although I don’t yet know if it’s enough to be statistically significant. As I am writing this, there are 166 oceanfront condo listings, up from 150 at the end of last month. The number of active condo listings off the ocean declined slightly, to 268, down from 282 last month. See the updated chart below.

This uptick in inventory could just be a pause due to the fact that December is typically a slow sales month. It could also be because more listings are entering the market as higher prices entice sellers. One factor which is certainly starting to slow sales is that the asking prices have gone up a great deal, enough so that listings aren’t always selling instantly. We’ll have to see what happens over the next few months. Normally, the pace of both new listings and purchases increases dramatically in the spring. It’s going to be a great time to sell (or buy)!

It looks like Teressa and I will close out the year with around $29 million in sales volume and over 110 closed transactions. Every December I work on my business plan for the following year and we are hoping to improve on those figures quite a bit in 2022. The Beach Pro team has big changes coming up that will offer new opportunities for buyers and sellers. By the way, my company, RE/MAX Southern Shores, has over $921 million in total sales volume so far this year. 

Since this is the season for giving, this next item seems to fit right in. For those of you who have bought or sold through our team in the past, you should have received an email stating that a donation (from The Beach Pro Team) had been made in your name to The Children’s Miracle Network Hospitals ( https://childrensmiraclenetworkhospitals.org/ ). This organization raises funds for 170 children’s hospitals across the US and Canada. The agents of RE/MAX Southern Shores have contributed almost $200,000 over the past 5 years in addition to $65,515 so far this year. My team has contributed, in the names of our clients, over $3400 so far this year. If you allow us to help you buy or sell on the Grand Strand, a child somewhere will benefit as well. 

I’m going to stick to my promise and keep it brief so that’s all for now. Check out all our usual Grand Strand Market Reports, Sales and Listing Updates, my Best Buys, and new Beach Pro Team reviews.

See you at the beach!

Here are some new reviews published in Zillow. 

• Gene was very professional. Returned calls immediately. Property sold in one day, above asking price. Helped us find an attorney. Closed in less than 30 days without a problem. Rose. Grande Cayman. Myrtle Beach.

• My wife and I worked with Gene Carter in 2017 on the purchase of our "retirement home", and he provided continued guidance until we found the perfect property. Gene assisted us through all aspects of the buying process- even though we were experienced in buying properties- and his advice was always excellent, insightful, and helpful; he knows the markets. This past year my wife passed away unexpectedly. On short notice, I decided to sell our home, so turned to Gene for his help in selling. He made the sale a smooth, successful endeavor. Although it was a difficult time for me, I can truly say Gene was with me each step of the way. I give Gene Carter and his company the highest recommendation. Mike. Edgewater. North Myrtle Beach

We have chosen to utilize Zillow's review platform. This is not an endorsement of Zillow (Please ignore the ridiculous "Zestimates") but we think an online third-party review service provides more credibility than simply printing reviews ourselves. At this time, we have over 100 reviews with more coming in each month. To see all of the reviews at any time, you can visit Zillow Beach Pro Team reviews. 

Grand Strand Market Report - November 2021

OF/OV Homes Brochures:    Link to Listings 

OF/OV Homes Spreadsheet:   Link to Spreadsheet 

OF/OV Condo Brochures:    Link to Listings

OF/OV Condo Spreadsheet:   Link to Spreadsheet

Non-OF Condo Brochures:     Link to Listings 

Non-OF Condo Spreadsheet:  Link to Spreadsheet