Is Surfside Beach, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Surfside Beach was a Seller's Market.
Housing Prices in Surfside Beach, SC
How much do homes in Surfside Beach, SC cost?
Median Sold Price
$500,000
$328/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since February 2023.
Summary: The median home sold price in Surfside Beach was $500,000 in February 2024, the same as last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $189K | $230.2K | +21.8% |
2 Bedrooms | $255K | $327.5K | +28.4% |
3 Bedrooms | $435K | $425.9K | -2.1% |
4 Bedrooms | $664K | $660K | -0.6% |
5+ Bedrooms | $1.0M | $1.0M | +2.9% |
Summary: Surfside Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 28.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Murrells Inlet | $365K | $385.1K | +5.5% |
Surfside Beach | $500K | $500K | 0.0% |
Housing Supply in Surfside Beach, SC
How many homes are available in Surfside Beach, SC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
74 | 80 | +8.1% |
Summary: The Surfside Beach real estate market had 80 homes for sale in February 2024, a 8.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 26 | 24 | -7.7% |
3 Bedrooms | 16 | 23 | +43.8% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Surfside Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Surfside Beach in February 2024, up by 10.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Surfside Beach, SC
How long does it take to sell a home in Surfside Beach, SC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
137 Days | 67 Days | -50.9% |
Summary: Homes in Surfside Beach had an average of 67 days on market in Feb 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Surfside Beach; 9% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.