My, What a Difference Five Years Can Make! What Myrtle Beach Oceanfront Condos Sold for in 2010 vs. 2005:

Everyone knows about our depressed market, but does anyone know just how much our prices have fallen?

Here are some examples of the plummet on Oceanfront condos in the Myrtle Beach area, the Real Estate product which drives our market.

My, what a difference five years can make!

2005 2010

1BR Avista $ 400,000 $ 135,000

2BR Avista $ 560,000 $ 205,900

3BR Avista $ 800,000 $ 323,500

Efficiency at Baywatch $ 230,000 $ 55,000

1BR Baywatch: $ 330,000 $ 95,000

2BR Baywatch $ 540,000 $ 174,000

3BR Baywatch $ 600,000 $ 230,000

1BR Boardwalk $ 319,900 $ 57,000

2BR Brighton @KP $ 875,000 $ 276,000

3BR Brighton @KP $ 925,000 $ 365,000

1BR Caravelle Tower $ 182,300 $ 49,900

1BR Landmark $ 254,800 $ 59,900

2BR Margate Tower $ 1,470,000 $ 540,000

3BR Margate Tower $ 1,400,000 $ 485,000

4BR Margate Tower $ 1,750,000 $ 540,000

1BR Meridian Plaza $ 267,900 $ 52,000

Efficiency Pinnacle Oceanfront Tower $ 190,000 $ 63,000

1BR Pinnacle Oceanfront Tower $ 279,900 $76,500

2BR Sands Ocean $ 397,500 $ 135,000

Efficiency Sands Ocean $ 195,000 $ 33,500

3BR Windy Hill Dunes $ 689,900 $ 270,000

Mirela Monte, Your Oceanfront Condos in Myrtle Beach Connection