Myrtle Beach Real Estate Sales for October 2007

Single Family Homes

Available for sale:                   6,360

Sold during October:              287

4.51% sold during October.  At this rate, we'll need over 22 months to sell out of our current inventory of listings.           

Condos

Available for sale:                   8,840

Sold during October:              362

4.10% of the condos were sold during October.  At this rate, we'll need over 2 years to exhaust our condo inventory.

Land

Available for sale:                   5,670

Sold during October:              72

1.27% of our land inventory was sold during the month of October.  At this rate, we'll need over six and a half years to exhaust the existing inventory.

Multi-Family

Available for sale:                   147

Sold during October:              4

2.72% of our multi family inventory was sold during October.  At this rate, we'll need over 3 years to sell out of the existing inventory.

Commercial Real Estate

Available for sale:                   688

Sold during October               6

.87% (yes, not even 1%!!!) of the commercial inventory sold during October.  At this rate, we'll need over 9.5 years to deplete the existing inventory!!!

Donald Trump is buying now!  All the wise investors are out making offers.  Why not you?