Grand Strand Housing Market Falls From Last Year
The number and prices of Grand Strand homes continued to fall from last years levels, according to data from the local Multiple Listing Service. 169 single family homes sold in January, down 28 percent from the same time last year. Condo sales fell 31 percent to 109 units sold. The median selling price was $185,000 for single family homes and $150,000 for condos, down 12 percent and 11 percent respectively. The amount of inventory on the market shrunk from 14,150 to 13,109.
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